HARMONY INSTITUTE INC

EIN: 522255668 501(c)(3) Religion

N POTOMAC, MD

Total Revenue
$145,776
Total Expenses
$153,163
Total Assets
$247,096
Net Assets
$247,096
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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
1998
Legal Domicile
MD
Principal Officer
STELLA KWAN
Phone
3013402340
Tax Period
2020-01-01 to 2020-12-31

HARMONY INSTITUTE INC, founded in 1998, is a small nonprofit in the Religion sector that reported $146K in total revenue in fiscal year 2020. Revenue fell 48% from the prior year — a significant decline worth monitoring.

Mission

EMOTIONAL RELEASE THERAPY TRAINING AND SERVICES IN REHABILITATION HOSPITAL, INCLUDING THE PRACTICE OF POSITIVE REFRAMING AND ENLIGHTENMENT.

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $85,950
Program Service Revenue $0
Investment Income $0
Other Revenue $59,826
TOTAL REVENUE $145,776

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $142,880
Other Expenses $153,163
TOTAL EXPENSES $153,163

Year-over-Year Comparison

2020 2019 Change
Revenue $145,776 $278,625 -0.5%
Expenses $153,163 $114,753 +0.3%
Net Income $-7,387 $163,872 -1.0%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
1
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STELLA KWAN PRESIDENT 5.00
Officer
$0 $0 $0
JON CHEN DIRECTOR 5.00
Director
$0 $0 $0
KEVIN CHEN DIRECTOR 5.00
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
2020 $145,776 $153,163 $247,096 $-7,387
2018 $105,806 $136,949 $88,477 $-31,143
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