HMONG SERVICE CENTER INC

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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

1984

Legal Domicile

Principal Officer

MEE YANG

Phone

9202038665

Tax Period

2023-01-01 to 2023-12-31

HMONG SERVICE CENTER INC, founded in 1984, is a micro nonprofit in the Human Services sector that reported $65K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $21K, a strong 32% operating margin.

Mission

ASSIST HMONG FAMILIES WITH BARRIERS ON ECONOMIC, EDUCATION, LANGUAGE, CULTURE, AND LEADERSHIP. DIRECT AND REFER FAMILIES TO COMMUNITY RESOURCES. COLLABORATE, NETWORK AND ACT AS A LIAISON BETWEEN THE HMONG COMMUNITY AND THE LARGER COMMUNITY. PRESERVE AND PROMOTE HMONG LANGUAGE AND CULTURE.

Program Service Accomplishments

Program 1

ASSIST HMONG FAMILIES WITH BARRIERS ON ECONOMIC, EDUCATION, LANGUAGE, CULTURE, AND LEADERSHIP.

Program 2

DIRECT AND REFER FAMILIES TO COMMUNITY RESOURCES.

Program 3

COLLABORATE, NETWORK AND ACT AS A LIAISON BETWEEN THE HMONG COMMUNITY AND THE LARGER COMMUNITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,265

Program Service Revenue $0

Investment Income $0

Other Revenue $62,904

TOTAL REVENUE $65,169

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $44,140

TOTAL EXPENSES $44,140

Year-over-Year Comparison

	2023	2022	Change
Revenue	$65,169	$79,915	-0.2%
Expenses	$44,140	$29,991	+0.5%
Net Income	$21,029	$49,924	-0.6%

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
YENG LOR	DIRECTOR	1.00	Director	$0	$0	$0
MEE YANG	PRESIDENT	10.00	Officer	$0	$0	$0
NALEE YANG	SEC. & TRES.	1.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$65,169	$44,140	$290,328	$21,029
2022	$79,915	$29,991	$265,914	$49,924
2019	$68,527	$24,400	$244,538	$44,127
2018	$99,809	$24,393	$201,745	$75,416