HMONG NATIONAL DEVELOPMENT (EIN 521804060) - 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

1992

Legal Domicile

Principal Officer

MAY YER THAO

Phone

2025881661

Tax Period

2023-01-01 to 2023-12-31

HMONG NATIONAL DEVELOPMENT, founded in 1992, is a micro nonprofit in the Employment sector that reported $42K in total revenue in fiscal year 2023. Expenses of $240K exceeded revenue, resulting in a 467% operating deficit.

Mission

TO PROMOTE EDUCATIONAL OPPORTUNITY, TO INCREASE COMMUNITY CAPCITY, AND TO DEVELOP RESOURCES FOR THE WELL BEING, GROWTH, AND FULL PARTCIPATION OF THE HMONG COMMUNITY IN THE SOCITY.

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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 $17,967

Program Service Revenue $24,300

Investment Income $0

Other Revenue $0

TOTAL REVENUE $42,267

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $239,602

Other Expenses $239,602

TOTAL EXPENSES $239,602

Year-over-Year Comparison

	2023	2022	Change
Revenue	$42,267	N/A	N/A
Expenses	$239,602	$11,781	+19.3%
Net Income	$-197,335	$-11,781	+15.8%

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

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

$479,894

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MAY YER THAO	PRESIDENT &	1.00	Officer	$0	$25,680	$270,680
REONA VANG	CFO	1.00	Officer	$0	$14,002	$209,214
MAI LOR LEE	CHAIR	1.00	Officer Director	$0	$0	$0
ADEEL LARI	TREASURER	1.00	Officer Director	$0	$0	$0
LILIAN VU	INTERIM SECR	1.00	Officer Director	$0	$0	$0
JASON PURDUE	DIRECTOR	1.00	Director	$0	$0	$0
MARTHAND NOOKALA	DIRECTOR	1.00	Director	$0	$0	$0
LAUREN HESS	DIRECTOR	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
2024	No data	No data	No data	No data
2023	$42,267	$239,602	$945,361	$-197,335
2022	No data	$11,781	$1,182,086	No data
2021	No data	$9,456	$1,154,477	No data
2020	No data	No data	$1,163,933	No data
2019	$274,182	$216,803	$1,163,933	$57,379
2018	No data	$11,200	$1,106,554	No data

HMONG NATIONAL DEVELOPMENT