VIETNAMESE BUDDHIST FELLOWSHIP OF LOUISIANA INC

EIN: 721115593 501(c)(3) Religion

WESTWEGO, LA

Total Revenue
$258,670
Total Expenses
$226,733
Total Assets
$1,078,897
Net Assets
$1,078,897
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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
1978
Legal Domicile
LA
Principal Officer
MARCELL B CHUNG
Phone
5042373944
Tax Period
2024-01-01 to 2024-12-31

VIETNAMESE BUDDHIST FELLOWSHIP OF LOUISIANA INC, founded in 1978, is a small nonprofit in the Religion sector that reported $259K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $227K left a modest 12% surplus.

Mission

BUDDHIST TEMPLE

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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 (2024)

Revenue Breakdown

Contributions & Grants $258,670
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $258,670

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $226,733
TOTAL EXPENSES $226,733

Year-over-Year Comparison

2024 2023 Change
Revenue $258,670 $202,044 +0.3%
Expenses $226,733 $196,124 +0.2%
Net Income $31,937 $5,920 +4.4%
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
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARCELL B CHUNG PRESIDENT 20.00
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 $258,670 $226,733 $1,078,897 $31,937
2023 $202,044 $196,124 $1,046,960 $5,920
2022 $110,690 $100,135 $1,041,040 $10,555
2021 $123,600 $111,229 $1,030,485 $12,371
2020 $161,073 $136,602 $1,018,114 $24,471
2019 $210,300 $184,475 $993,643 $25,825
2018 $240,990 $216,121 $967,818 $24,869
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