WHITE LOTUS FARMS INC

EIN: 272009594 501(c)(3)

ANN ARBOR, MI

Total Revenue
$971,652
Total Expenses
$1,918,254
Total Assets
N/A
Net Assets
N/A
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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
2010
Principal Officer
MARY TSOMO
Phone
7343587742
Tax Period
2019-01-01 to 2019-12-31

WHITE LOTUS FARMS INC, founded in 2010, is a small nonprofit that reported $972K in total revenue in fiscal year 2019. Revenue surged 40% from the prior year, signaling strong growth momentum. Expenses of $1.9M exceeded revenue, resulting in a 97% operating deficit.

Mission

SUSTAINABLE FARMING. PROVIDE EDUCATION ON SUSTAINABLE FARMING TO OTHER FARMERS, YOUTHS, AND INDIVIDUALS

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $8,366
Program Service Revenue $915,315
Investment Income $37,338
Other Revenue $10,633
TOTAL REVENUE $971,652

Expense Breakdown

Grants Paid $1,099,334
Salaries & Benefits $271,930
Fundraising Expenses $0
Program Expenses $1,918,254
Other Expenses $546,990
TOTAL EXPENSES $1,918,254

Year-over-Year Comparison

2019 2018 Change
Revenue $971,652 $695,131 +0.4%
Expenses $1,918,254 $733,255 +1.6%
Net Income $-946,602 $-38,124 +23.8%
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

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Governance

Voting Members
4
Independent Members
4
Employees
17
Volunteers
N/A

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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADRIENNE FISHER TREASURER N/A
Director
$0 $0 $0
CHRISSY GOUDSMIT SECRETARY N/A
Director
$0 $0 $0
MARY TSOMO PRESIDENT N/A
Director
$0 $0 $0
SANGCHEN TSOMO DIRECTOR N/A
Director
$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
2019 $971,652 $1,918,254 No data $-946,602
2018 $695,131 $733,255 $971,159 $-38,124
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