MYANMAR BUDDHIST MEDITATION SOCIETY (EIN 521815986) - 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

Ven Ashin Kusala

Phone

4109222227

Tax Period

2024-01-01 to 2024-12-31

MYANMAR BUDDHIST MEDITATION SOCIETY, founded in 1992, is a small nonprofit that reported $261K in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $308K exceeded revenue, resulting in a 18% operating deficit.

Mission

Myanmar Buddhist Meditation Society is primarily a religious center. It is a temple where Burmese-American Buddhists from Baltimore Washington corridor and beyond come to meditate, worship and participate in various Buddhist traditional and cultural activities.

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $260,851

TOTAL REVENUE $260,851

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,066

Fundraising Expenses $0

Program Expenses $308,342

Other Expenses $298,276

TOTAL EXPENSES $308,342

Year-over-Year Comparison

	2024	2023	Change
Revenue	$260,851	$361,413	-0.3%
Expenses	$308,342	$345,573	-0.1%
Net Income	$-47,491	$15,840	-4.0%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ven Ashin Kissayana	President	0	Officer	$0	$0	$0
Ven Ashin Kusala	Vice President and Treasurer	40	Officer	$0	$0	$0
Ven U Teikkein Driya	Secretary	40	Officer	$0	$0	$0
Khin Maung Htay	Member	2	Officer	$0	$0	$0
May May Than	Member	2	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
2024	$260,851	$308,342	$1,564,910	$-47,491
2023	$361,413	$345,573	$1,612,401	$15,840
2022	$177,073	$112,467	$1,596,561	$64,606
2021	$166,423	$110,753	$1,531,955	$55,670
2020	$131,722	$119,918	$1,476,285	$11,804
2019	$191,109	$139,923	$1,464,481	$51,186
2018	$191,110	$140,650	$1,413,295	$50,460

MYANMAR BUDDHIST MEDITATION SOCIETY