DANANG FOUNDATION CORP

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

TASHI RINPOCHE LAMA TSEWANG

Phone

7188880601

Tax Period

2024-01-01 to 2024-12-31

DANANG FOUNDATION CORP, founded in 2007, is a small nonprofit in the Religion sector that reported $219K in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $249K exceeded revenue, resulting in a 14% operating deficit.

Mission

TO IMPROVE EDUCATION, ALLEVIATE POVERTY, PROVIDE HEALTHCARE, PRESERVE CULTURE AND CONSERVE THE ENVIRONMENT.

Program Service Accomplishments

Program 1

Expenses: $194,863 Revenue: $155,976

TO IMPROVE EDUCATION, ALLEVIATE POVERTY, PROVIDE HEALTHCARE, PRESERVE CULTURE AND CONSERVE THE ENVIRONMENT.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $62,500

Program Service Revenue $155,976

Investment Income $498

Other Revenue $0

TOTAL REVENUE $218,974

Expense Breakdown

Grants Paid $14,184

Salaries & Benefits $49,351

Fundraising Expenses $0

Program Expenses $194,863

Other Expenses $185,696

TOTAL EXPENSES $249,231

Year-over-Year Comparison

	2024	2023	Change
Revenue	$218,974	$331,333	-0.3%
Expenses	$249,231	$518,756	-0.5%
Net Income	$-30,257	$-187,423	-0.8%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

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

$45,600

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TASHI RINPOCHE LAMA TSEWANG	PRESIDENT	40.00	Officer	$45,600	$0	$45,600
TENZIN NORBU	SECRETARY/CFO	40.00	Officer	$0	$0	$0
NYIMA TSERING	TRESURER	40.00	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
2024	$218,974	$249,231	$1,564,795	$-30,257
2024	No data	No data	No data	No data
2023	$331,333	$518,756	$1,561,453	$-187,423
2022	$285,025	$350,498	$1,707,175	$-65,473
2021	$167,688	$271,171	$1,572,828	$-103,483
2020	$231,981	$216,440	$1,585,277	$15,541
2019	$221,269	$348,460	$1,553,219	$-127,191
2018	$2,075,513	$1,489,975	$1,822,306	$585,538