WISCONSIN HMONG ASSOCIATION INC

EIN: 471986515 501(c)(3) Human Services

MADISON, WI

Total Revenue
$302,508
Total Expenses
$279,849
Total Assets
$74,493
Net Assets
$74,493
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
WI
Phone
6084695759
Tax Period
2023-01-01 to 2023-12-31

WISCONSIN HMONG ASSOCIATION INC, founded in 2023, is a small nonprofit in the Human Services sector that reported $303K in total revenue in fiscal year 2023. Revenue surged 105% from the prior year, signaling strong growth momentum. Expenses of $280K left a modest 7% surplus.

Mission

WHA is a non-profit organization that embraces culture and traditions leadership and empowerment through development of academic and social programming to serve Hmong American youths adults and families throughout Dane County.

Program Service Accomplishments

Program 1
Expenses: $265,555 Revenue: $286,097

Madison Hmong New Year - An annual event to celebrate the Hmong culture and traditions. The festivities include cultural programs dance competition singing competition talent show competition and...

Read more

Madison Hmong New Year - An annual event to celebrate the Hmong culture and traditions. The festivities include cultural programs dance competition singing competition talent show competition and pageant competition. The attendance was estimated to be around 10,000 attendees.

Program 2
Expenses: $3,618 Revenue: $0

Hmong Professional Network: This is a community outreach event to promote professional networking and to engage the Hmong community to meet and greet individuals in the Madison area. The attendance...

Read more

Hmong Professional Network: This is a community outreach event to promote professional networking and to engage the Hmong community to meet and greet individuals in the Madison area. The attendance was estimated to be around 200 attendees.

Program 3
Expenses: $2,322 Revenue: $0

Hmong Language and Cultural Courses: The Hmong language course is offered to the community on how to read and write Hmong. The course currently includes an introductory level and an advanced course...

Read more

Hmong Language and Cultural Courses: The Hmong language course is offered to the community on how to read and write Hmong. The course currently includes an introductory level and an advanced course is in the works. The average number of students in attendance is about 30. The Hmong culture course is offered to individuals that would like to learn traditional Hmong practices such as Shamanism wedding and funeral rituals.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $78,697
Program Service Revenue $223,811
Investment Income $0
Other Revenue $0
TOTAL REVENUE $302,508

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $271,495
Other Expenses $279,849
TOTAL EXPENSES $279,849

Year-over-Year Comparison

2023 2022 Change
Revenue $302,508 $147,357 +1.1%
Expenses $279,849 $102,845 +1.7%
Net Income $22,659 $44,512 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
40

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
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Pahoua Thao Board of Directors 10.00
Director
$0 $0 $0
Vang Chong Vang President 10.00
Officer
$0 $0 $0
Jeff Lee Vice-President 10.00
Officer
$0 $0 $0
Dr Phillip Yang Executive Director 10.00
Director
$0 $0 $0
Moua Xiong Secretary 10.00
Officer
$0 $0 $0
Yia Moua Treasure 10.00
Officer
$0 $0 $0
Mai See Thao Board of Directors 10.00
Director
$0 $0 $0
Moua Yang Board of Directors 10.00
Director
$0 $0 $0
Frank Yang Board of Directors 10.00
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
2023 $302,508 $279,849 $74,493 $22,659
Explore More Nonprofits
Top 100 Nonprofits in Wisconsin Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare WISCONSIN HMONG ASSOCIATION INC with other nonprofits in Wisconsin and across the country.