WON BUDDHISM OF THE USA INC (EIN 521647445) - 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

1996

Legal Domicile

Principal Officer

HONG JAE SHIM

Phone

3019249200

Tax Period

2024-01-01 to 2024-12-31

WON BUDDHISM OF THE USA INC, founded in 1996, is a small nonprofit in the Religion sector that reported $219K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Net assets of $2.4M represent 132 months of operating reserves.

Mission

RELIGIOUS WORSHIP

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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 (2024)

Revenue Breakdown

Contributions & Grants $217,043

Program Service Revenue $0

Investment Income $1,241

Other Revenue $390

TOTAL REVENUE $218,674

Expense Breakdown

Grants Paid $0

Salaries & Benefits $29,711

Fundraising Expenses $0

Program Expenses $235,464

Other Expenses $205,753

TOTAL EXPENSES $235,464

Year-over-Year Comparison

	2024	2023	Change
Revenue	$218,674	$248,065	-0.1%
Expenses	$235,464	$183,378	+0.3%
Net Income	$-16,790	$64,687	-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

Employees

Volunteers

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

$14,400

Total Directors

$14,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EUNJU NAM	TREASURER	40.00	Officer Director	$7,200	$0	$7,200
HONG JAE SHIM	PRESIDENT	40.00	Officer Director	$7,200	$0	$7,200
JOONSOO CHUNG	DIRECTOR	2.00	Director	$0	$0	$0
JANE KOH	DIRECTOR	2.00	Director	$0	$0	$0
YUNG HIE KOH	DIRECTOR	2.00	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
2024	$218,674	$235,464	$2,461,380	$-16,790
2023	$248,065	$183,378	$2,533,919	$64,687
2022	$209,800	$186,205	$2,689,232	$23,595
2021	$337,112	$297,031	$2,656,575	$40,081
2020	$329,908	$251,673	$2,816,169	$78,235
2019	$330,688	$294,569	$2,947,935	$36,119
2018	$305,313	$217,036	$2,901,728	$88,277

WON BUDDHISM OF THE USA INC