THE HMONG AMERICAN ASSOCIATION OF … - Form 990 Financial Data

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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

1979

Legal Domicile

Principal Officer

RYAN VUE

Tax Period

2022-01-01 to 2022-12-31

THE HMONG AMERICAN ASSOCIATION OF OKLAHOMA INC, founded in 1979, is a small nonprofit in the Arts, Culture & Humanities sector that reported $375K in total revenue in fiscal year 2022. The organization ran a surplus of $165K, a strong 44% operating margin.

Mission

TO PROMOTE THE COMMON WELFARE OF THE HMONG COMMUNITY

Program Service Accomplishments

Program 1

Expenses: $153,626 Revenue: $381,729

SPONSORED PROGRAMS TO ENHANCE THE CULTURAL EXPERIENCES OF HMONG AMERICAN ASSOCIATION OF OKLAHOMA FAMILIES. OVER 1,000 PEOPLE ATTEND EVENTSSPONSORED EDUCATION RELATED TO HMONG LANGUAGE, CUSTOMS AND...

SPONSORED PROGRAMS TO ENHANCE THE CULTURAL EXPERIENCES OF HMONG AMERICAN ASSOCIATION OF OKLAHOMA FAMILIES. OVER 1,000 PEOPLE ATTEND EVENTSSPONSORED EDUCATION RELATED TO HMONG LANGUAGE, CUSTOMS AND HISTORY

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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 (2022)

Revenue Breakdown

Contributions & Grants $285,574

Program Service Revenue $0

Investment Income $0

Other Revenue $89,255

TOTAL REVENUE $374,829

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $153,626

Other Expenses $209,441

TOTAL EXPENSES $209,441

Year-over-Year Comparison

	2022	2021	Change
Revenue	$374,829	$381,729	0.0%
Expenses	$209,441	$271,555	-0.2%
Net Income	$165,388	$110,174	+0.5%

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

Independent Members

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
KOU XIONG	VICE PRESIDENT	5.00	Officer	$0	$0	$0
CHER LOR	PRESIDENT	10.00	Officer	$0	$0	$0
RYAN VUE	TREASURER	16.00	Officer	$0	$0	$0
MAY LEE	SECRETARY	10.00	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
2022	$374,829	$209,441	$500,716	$165,388

THE HMONG AMERICAN ASSOCIATION OF OKLAHOMA INC