LAVANG ASSOCIATION INC (EIN 200017849) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

MY TRUONG

Phone

7143168201

Tax Period

2025-02-01 to 2026-01-31

LAVANG ASSOCIATION INC, founded in 2003, is a small nonprofit in the Religion sector that reported $636K in total revenue in fiscal year 2025. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $601K left a modest 6% surplus.

Mission

MISSION STATEMENT NON-PROFIT ORGANIZATION FORMED EXCLUSIVELY FOR PUBLIC CHARITABLE PURPOSE OF PROVIDING FOR THE NEEDY WITH BASIC NECESSITIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $605,739

Program Service Revenue $0

Investment Income $0

Other Revenue $29,903

TOTAL REVENUE $635,642

Expense Breakdown

Grants Paid $600,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $600,000

Other Expenses $653

TOTAL EXPENSES $600,653

Year-over-Year Comparison

	2025	2024	Change
Revenue	$635,642	$564,800	+0.1%
Expenses	$600,653	$579,799	+0.0%
Net Income	$34,989	$-14,999	-3.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

N/A

Independent Members

N/A

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LIEU C TRUONG	PRESIDENT	5.0	Officer	$0	$0	$0
MY LUU TRUONG	SECRETARY	15.0	Officer	$0	$0	$0
HAO T NGUYEN	VICE PRESIDENT	5.0	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2026	$635,642	$600,653	$65,184	$34,989
2025	$564,800	$579,799	$30,195	$-14,999
2024	$639,505	$712,473	$45,194	$-72,968
2023	$663,753	$567,999	$118,162	$95,754
2022	$1,097,616	$1,261,484	$22,408	$-163,868
2021	$607,942	$547,511	$186,276	$60,431
2020	$487,753	$571,942	$125,845	$-84,189

LAVANG ASSOCIATION INC