LO NYAMSHIP ASSOCIATION USA INC

EIN: 465244173 501(c)(3) Community Improvement

Woodside, NY

Total Revenue
$1,178,450
Total Expenses
$314,601
Total Assets
$6,634,339
Net Assets
$6,628,539
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NY
Principal Officer
THUPTEN TENZIN
Phone
6465410022
Tax Period
2024-01-01 to 2024-12-31

LO NYAMSHIP ASSOCIATION USA INC, founded in 2014, is a community nonprofit in the Community Improvement sector that reported $1.2M in total revenue in fiscal year 2024. The organization ran a surplus of $864K, a strong 73% operating margin.

Mission

The charitable purpose of Lo Nyamship Association USA, Inc. is to accumulate all upper Mustang Nepali Community members living in different part of the United States in one umbrella as one family and promote their cultural and traditional activities.

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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 $1,178,450
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,178,450

Expense Breakdown

Grants Paid $44,359
Salaries & Benefits $18,058
Fundraising Expenses $0
Program Expenses $282,886
Other Expenses $252,184
TOTAL EXPENSES $314,601

Year-over-Year Comparison

2024 2023 Change
Revenue $1,178,450 $1,132,110 +0.0%
Expenses $314,601 $182,462 +0.7%
Net Income $863,849 $949,648 -0.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
4
Volunteers
50

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SONAM SANGPO DIR OF OPERATIONS 15.00
Highest
$13,200 $0 $13,200
THUPTEN TENZIN PRESIDENT 15.00
Officer
$0 $0 $0
GEDUN G GURUNG SECRETARY 15.00
Officer
$0 $0 $0
SANGPO TASHI ACCOUNTANT 15.00
Officer
$0 $0 $0
UGEN TENZEN TREASURER 15.00
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
2024 $1,178,450 $314,601 $6,634,339 $863,849
2023 $1,132,110 $182,462 $5,775,195 $949,648
2022 $417,124 $276,919 $4,819,884 $140,205
2021 $658,551 $159,706 $4,679,749 $498,845
2021 $658,551 $169,362 $4,665,180 $489,189
2020 $1,162,152 $15,178 $4,175,991 $1,146,974
2019 $1,725,244 $26,410 $3,029,017 $1,698,834
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