NY TIBETAN SERVICE CENTER INC

EIN: 461719758 501(c)(3) International Affairs

ELMHURST, NY

Total Revenue
$280,215
Total Expenses
$296,127
Total Assets
$20,976
Net Assets
$-133,422
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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
2013
Principal Officer
TSERING DIKI
Phone
7182788700
Tax Period
2024-01-01 to 2024-12-31

NY TIBETAN SERVICE CENTER INC, founded in 2013, is a small nonprofit in the International Affairs sector that reported $280K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year.

Mission

NYTSCS MISSION IS TO PRESERVE AND PROMOTE TIBETAN/HIMALAYAN CULTURE AND TO PROVIDE SERVICES REQUIRED FOR A SUCCESSFUL TRANSITION TO AMERICA. WE ARE HERE TO PROMOTE THE WELL-BEING AND SUCCESS OF TIBETAN/HIMALAYAN COMMUNITIES IN THE NEW YORK CITY AREA, COMMUNITIES THAT SUFFER FROM LACK OF ACCESS TO LANGUAGE AND CULTURALLY-APPROPRIATE SERVICES. OUR ORGANIZATION WILL OFFER EDUCATION, AND EMPOWERMENT ACTIVITIES THAT RESPECT CULTURES AND PROMOTE INTEGRATION. VARIOUS PROGRAMS WILL BE OFFERED EDUCATIONAL PROGRAMS TAILORED SPECIFICALLY TO CHILDREN AND PARENTS, CHILDCARE TRAINING AND PARENTING WORKSHOPS, ESL CLASSES, CULTURAL ACTIVITIES, AFTER-SCHOOL HOMEWORK HELP FOR CHILDREN, ACADEMIC ADVISEMENT, YOUTH-FOCUSED ACTIVITIES, JOB TRAINING, AND US CITIZENSHIP PREPARATION. THROUGH OUR WORK AND MISSION, IT IS OUR HOPE TO GUIDE EVERY SINGLE CLIENT TO A SUCCESSFUL LIFE IN AMERICA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $280,215
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $280,215

Expense Breakdown

Grants Paid $0
Salaries & Benefits $141,984
Fundraising Expenses $0
Program Expenses $277,270
Other Expenses $154,143
TOTAL EXPENSES $296,127

Year-over-Year Comparison

2024 2023 Change
Revenue $280,215 $314,594 -0.1%
Expenses $296,127 $313,574 -0.1%
Net Income $-15,912 $1,020 -16.6%
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

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Governance

Voting Members
5
Independent Members
5
Employees
22
Volunteers
4

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
1
$7,200
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TSERING DIKI EXECUTIVE OF 40.00
Officer
$7,200 $0 $7,200
DAWA BHUTI BOARD MEMBER N/A
Director
$0 $0 $0
KELLY ISHAM CHAIRMAN N/A
Director
$0 $0 $0
TSERING NAMGYAL TREASURER N/A
Director
$0 $0 $0
TENZIN NORGAY BOARD MEMBER N/A
Director
$0 $0 $0
TENZIN WANGYAL ATTORNEY 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
2024 $280,215 $296,127 $20,976 $-15,912
2023 $314,594 $313,574 $37,582 $1,020
2022 $363,531 $363,174 $39,366 $357
2021 $506,754 $513,257 $50,217 $-6,503
2019 $388,149 $385,004 $13,514 $3,145
2018 $426,330 $436,147 $14,573 $-9,817
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