HMONG TOWN CONNECTION 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

2018

Legal Domicile

Principal Officer

TOUA XIONG

Tax Period

2020-01-01 to 2020-12-31

Mission

OUR MISSION AT HMONGTOWN CONNECTIONS IS TO ELEVATE ITS COMMUNITYS ASSETS AND POTENTIALS TO ADVANCE THEIR CULTURAL, SOCIAL AND ECONOMIC WELLBEING

Program Service Accomplishments

Program 1

HMONGTOWN FESTIVAL: BRING LIVE SHOWS TO PROMOTE AND PRESERVE THE HMONG CULTURE AND ALSO, TO BRING LIFE BACK TO THE FROGTOWN NEIGHBORHOOD. THE FESTIVAL WAS HELD ON JUNE 29TH & 30TH, 2019 IN THE CITY OF ST. PAUL, MN. THE FESTIVAL WAS OPEN FREE TO THE PUBLIC. ESTIMATED NUMBER OF CUSTOMERS COMING TO THE FESTIVAL FOR THE TWO DAYS WAS AROUND 20,000. THE CITY OF ST. PAUL WAS IN GREAT SUPPORT OF THE FESTIVAL BECAUSE IT WAS ONE OF THE MOST FAMILY FRIENDLY FESTIVAL IN ST. PAUL.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2020	2019	Change
Revenue	N/A	$75,704	-1.0%
Expenses	N/A	$71,992	-1.0%
Net Income	N/A	$3,712	N/A

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VANG XIONG	SECRETARY	1.00	Officer	$0	$0	$0
JAMESON LIU	TREASURER	1.00	Officer	$0	$0	$0
TOUA XIONG	PRESIDENT	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
2020	No data	No data	$5,066	No data
2019	$75,704	$71,992	$5,066	$3,712