Seattle Meditation Center (EIN 470901378) - 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

2003

Legal Domicile

Phone

2065221514

Tax Period

2022-01-01 to 2022-12-31

Seattle Meditation Center, founded in 2003, is a small nonprofit in the Religion sector that reported $818K in total revenue in fiscal year 2022. Revenue decreased 8% compared to the prior year. Expenses of $746K left a modest 9% surplus.

Mission

Religious organization that educates the general public about meditation and Buddhism and provides Buddhist practices, space, charitable contributions and services.

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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 (2022)

Revenue Breakdown

Contributions & Grants $813,979

Program Service Revenue $0

Investment Income $4,158

Other Revenue $0

TOTAL REVENUE $818,137

Expense Breakdown

Grants Paid $80,195

Salaries & Benefits $357,892

Fundraising Expenses $0

Program Expenses $517,220

Other Expenses $307,846

TOTAL EXPENSES $745,933

Year-over-Year Comparison

	2022	2021	Change
Revenue	$818,137	$886,146	-0.1%
Expenses	$745,933	$1,142,856	-0.3%
Net Income	$72,204	$-256,710	-1.3%

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

N/A

Employees

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
DARANIRATANA LOVICHAKORNTIKUL	Treasurer	2.00	Officer	$0	$0	$0
POLWAT NAKALAX	Director	2.00	Officer	$0	$0	$0
PHRA WAIROT TREENET	President	2.00	Officer	$0	$0	$0
PHARAMAHA WIRAT SAEHENG	Secretary	2.00	Officer	$0	$0	$0
PHRAMAHA SOMBOON JONGPATRA	Vice President	2.00	Officer	$0	$0	$0
APSORNSUDA KIATSILP	Officer	2.00	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
2022	$818,137	$745,933	$2,472,462	$72,204
2021	$886,146	$1,142,856	$2,480,569	$-256,710
2020	$596,833	$496,125	$2,881,609	$100,708

Seattle Meditation Center