FALUN DAFA ASSOCIATION OF WASHINGTON DC INC (EIN 522321680) - 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

2001

Legal Domicile

Principal Officer

Shantao Lai

Phone

2026701548

Tax Period

2023-01-01 to 2023-12-31

FALUN DAFA ASSOCIATION OF WASHINGTON DC INC, founded in 2001, is a community nonprofit in the Religion sector that reported $3.1M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year.

Mission

Share Falun Dafa practice with local communities raise awareness of the persecution of Falun Dafa practitioners in China and promote traditional Chinese culture arts and music in local regions by hosting Shen Yun shows.

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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 $31,196

Program Service Revenue $3,087,858

Investment Income $0

Other Revenue $8,326

TOTAL REVENUE $3,127,380

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,268,956

Other Expenses $3,268,956

TOTAL EXPENSES $3,268,956

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,127,380	$3,333,866	-0.1%
Expenses	$3,268,956	$3,673,369	-0.1%
Net Income	$-141,576	$-339,503	-0.6%

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

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
Jijun Chen	Treasurer Member board of directors	10.00	Officer Director	$0	$0	$0
Hong Xue	Member board of directors	10.00	Director	$0	$0	$0
Sen Nieh	Member board of directors	10.00	Director	$0	$0	$0
Shantao Lai	President Chairman board of directors	10.00	Officer 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
2023	$3,127,380	$3,268,956	$1,867,933	$-141,576
2022	$3,333,866	$3,673,369	$1,793,435	$-339,503
2021	$2,904,846	$1,642,687	$2,193,898	$1,262,159
2020	$1,991,129	$2,330,453	$231,185	$-339,324

FALUN DAFA ASSOCIATION OF WASHINGTON DC INC