Louisiana Association for the Study of Buddhism (EIN 721135502) - 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

1985

Legal Domicile

Phone

2252566505

Tax Period

2024-01-01 to 2024-12-31

Louisiana Association for the Study of Buddhism, founded in 1985, is a community nonprofit in the Religion sector that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $847K, a strong 82% operating margin.

Mission

Offer a peaceful place for everyone who wants to enrich his/her spirtiual life. Tam Bao Temple is a spiritual center not only for Buddhist practitioners, but to all mindfulness practitioners as well as members of AA in Louisiana. Everyone may join all community 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 $926,263

Program Service Revenue $0

Investment Income $100,884

Other Revenue $0

TOTAL REVENUE $1,027,147

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $1,746

Program Expenses $95,575

Other Expenses $179,865

TOTAL EXPENSES $179,865

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,027,147	$717,897	+0.4%
Expenses	$179,865	$100,737	+0.8%
Net Income	$847,282	$617,160	+0.4%

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

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
Quyen Ho	President and Director	60.00	Director	$0	$0	$0
Hang T Nguyen	Treasurer	10.00	Director	$0	$0	$0
Van Dinh	Secretary	0.00	Director	$0	$0	$0
Dinh Ton	Vice President	0.00	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	$1,027,147	$179,865	$4,808,929	$847,282
2023	$665,771	$100,737	$3,951,310	$565,034
2022	$282,310	$133,269	$3,364,992	$149,041
2021	$283,521	$180,785	$3,260,586	$102,736
2020	$209,314	$152,219	$3,155,731	$57,095
2019	$475,284	$202,169	$3,098,636	$273,115
2018	$427,444	$169,193	$2,825,521	$258,251

Louisiana Association for the Study of Buddhism