LAO ADVANCEMENT ORGANIZATION OF AMERICA (EIN 411651825) - 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

1988

Legal Domicile

Principal Officer

Bounleuth Gowing

Phone

6123029154

Tax Period

2023-01-01 to 2023-12-31

LAO ADVANCEMENT ORGANIZATION OF AMERICA, founded in 1988, is a small nonprofit in the Education sector that reported $372K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $356K left a modest 4% surplus.

Mission

The mission is to advance educational and economic opportunities for Lao people and strengthen their connection to Lao culture and traditional values.

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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 $371,741

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $371,741

Expense Breakdown

Grants Paid $0

Salaries & Benefits $155,205

Fundraising Expenses $0

Program Expenses $292,481

Other Expenses $201,263

TOTAL EXPENSES $356,468

Year-over-Year Comparison

	2023	2022	Change
Revenue	$371,741	$318,202	+0.2%
Expenses	$356,468	$355,358	+0.0%
Net Income	$15,273	$-37,156	-1.4%

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

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
Mrs Chanthao Khampane	Board of Directors	1	Director	$0	$0	$0
Mrs Phengsy Phothiboupha	Treasurer, Board of Directors	2	Officer Director	$0	$0	$0
Bounxue Biengbouasy	Board of Directors	1	Director	$0	$0	$0
San Souvannasoth	Secretary, Board of Directors	1	Officer Director	$0	$0	$0
Oudone Lamkhamphoui	Chair Board of Directors	10	Officer Director	$0	$0	$0
Sathiene Temmerath	Board of Directors	1	Director	$0	$0	$0
Scott Inthisom	Board Member	1	Director	$0	$0	$0
Yvonne Chanthakhoune	Board Member	1	Director	$0	$0	$0
Amy Horner	Board Member	1	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
2024	No data	No data	No data	No data
2023	$371,741	$356,468	$482,754	$15,273
2022	$318,202	$355,358	$468,674	$-37,156
2021	$315,458	$347,748	$507,158	$-32,290
2020	$651,210	$371,060	$606,043	$280,150
2019	$224,631	$246,909	$274,871	$-22,278
2018	$250,166	$229,940	$304,661	$20,226

LAO ADVANCEMENT ORGANIZATION OF AMERICA