WON MEDITATION CENTER INC (EIN 475636095) - 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

2015

Legal Domicile

Principal Officer

ANDY YANG

Phone

7143355747

Tax Period

2023-01-01 to 2023-12-31

WON MEDITATION CENTER INC, founded in 2015, is a small nonprofit in the Religion sector that reported $916K in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $842K left a modest 8% surplus.

Mission

EVANGALIZE WON BUDDHISM, PROPAGATES THE PRINCIPLES OF FAITH AND MORAL TRAINING, PROVIDE ASSISTANCE AND CARE FOR CHILDREN AND ELDERLY WHO NEED HELP, CARRY ON GENERAL WELFARE WORKS

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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 $306,108

Program Service Revenue $0

Investment Income $0

Other Revenue $610,339

TOTAL REVENUE $916,447

Expense Breakdown

Grants Paid $0

Salaries & Benefits $18,112

Fundraising Expenses $0

Other Expenses $823,838

TOTAL EXPENSES $841,950

Year-over-Year Comparison

	2023	2022	Change
Revenue	$916,447	$716,492	+0.3%
Expenses	$841,950	$339,528	+1.5%
Net Income	$74,497	$376,964	-0.8%

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

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
YANG GRACE	CEO	040.00	Officer	$0	$0	$0
YANG ANDY	SECRETARY	040.00	Officer	$0	$0	$0
HWANG DONGGUN	CFO	040.00	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
2023	$916,447	$841,950	$4,193,841	$74,497
2022	$716,492	$339,528	$4,090,476	$376,964
2021	$342,044	$179,045	$4,012,546	$162,999
2020	$437,366	$350,594	$2,704,500	$86,772
2019	$292,648	$284,482	$2,742,160	$8,166

WON MEDITATION CENTER INC