DRUK FOUNDATION FOR ART PRESERVATI… - Form 990 Financial Data

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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

2014

Legal Domicile

Principal Officer

EVELINA CICHY

Phone

8157611048

Tax Period

2023-07-01 to 2024-06-30

DRUK FOUNDATION FOR ART PRESERVATION, founded in 2014, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $62K in total revenue in fiscal year 2023. Revenue fell 69% from the prior year — a significant decline worth monitoring. Net assets of $279K represent 54 months of operating reserves.

Mission

DRUK PRESERVATION WAS ESTABLISHED TO ASSIST THE BHUTANESE MONK CONSERVATORS TO ACHIEVE SUSTAINABLE DEVELOPMENT. THE MONKS WILL TEACH OTHERS IN THE RESTORATION OF THANGKAS, STATUES, MURALS AND ARCHITECTURAL HERITAGE SITES AROUND THE KINGDOM OF BHUTAN

Program Service Accomplishments

Program 1

Expenses: $60,724

DRUK PRESERVATION WAS ESTABLISHED TO ASSIST THE BHUTANESE MONK CONSERVATORS TO ACHIEVE SUSTAINABLE DEVELOPMENT. THE MONKS WILL TEACH OTHERS IN THE RESTORATION OF THANGKAS,STATUES, MURALS AND...

DRUK PRESERVATION WAS ESTABLISHED TO ASSIST THE BHUTANESE MONK CONSERVATORS TO ACHIEVE SUSTAINABLE DEVELOPMENT. THE MONKS WILL TEACH OTHERS IN THE RESTORATION OF THANGKAS,STATUES, MURALS AND ARCHITECTURAL HERITAGE SITES AROUND THE KINGDOM OF BHUTAN

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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 $50,000

Program Service Revenue $0

Investment Income $11,712

Other Revenue $0

TOTAL REVENUE $61,712

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $60,724

Other Expenses $62,809

TOTAL EXPENSES $62,809

Year-over-Year Comparison

	2023	2022	Change
Revenue	$61,712	$200,018	-0.7%
Expenses	$62,809	$1,378	+44.6%
Net Income	$-1,097	$198,640	-1.0%

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
EVELINA CICHY	TREASURER	5.00	Director	$0	$0	$0
TERESE BARTHOLOMEW	SECRETARY	1.00	Director	$0	$0	$0
DAVID FRANKLIN	PRESIDENT	1.00	Director	$0	$0	$0
EDDIE JOSE	DIRECTOR	1.00	Director	$0	$0	$0
MARCOS ROCES	DIRECTOR	1.00	Director	$0	$0	$0
GRITTIP SIRIRATTUMRONG	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN TAI	SECRETARY	1.00	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
2025	No data	No data	No data	No data
2024	$61,712	$62,809	$278,762	$-1,097
2023	$200,018	$1,378	$279,859	$198,640

DRUK FOUNDATION FOR ART PRESERVATION