VIETNAMESE BUDDHIST ASSOCIATION LA

EIN: 721321796 501(c)(3) Religion

LAFAYETTE, LA

Total Revenue
$71,605
Total Expenses
$102,998
Total Assets
$624,173
Net Assets
$569,996
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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
2007
Legal Domicile
LA
Principal Officer
DAO NGUYEN
Phone
3374228431
Tax Period
2023-01-01 to 2023-12-31

VIETNAMESE BUDDHIST ASSOCIATION LA, founded in 2007, is a micro nonprofit in the Religion sector that reported $72K in total revenue in fiscal year 2023. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $103K exceeded revenue, resulting in a 44% operating deficit.

Mission

RELIGIOUS ORGANIZATION

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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 (2023)

Revenue Breakdown

Contributions & Grants $71,605
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $71,605

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $102,998
TOTAL EXPENSES $102,998

Year-over-Year Comparison

2023 2022 Change
Revenue $71,605 $107,790 -0.3%
Expenses $102,998 $115,822 -0.1%
Net Income $-31,393 $-8,032 +2.9%
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
N/A
Independent Members
N/A
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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIEU NHI T HOANG TREASURER 105.00
Officer
$0 $0 $0
DAO NGUYEN TREASURER 105.00
Officer
$0 $0 $0
THUY NGUYEN SECT 105.00
Officer
$0 $0 $0
LANH NGUYEN PRESIDENT 105.00
Officer
$0 $0 $0
CHON VO VICE PRES 105.00
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
2023 $71,605 $102,998 $624,173 $-31,393
2022 $107,790 $115,822 $605,464 $-8,032
2021 $41,591 $58,456 $604,148 $-16,865
2020 $250,609 $86,537 $611,664 $164,072
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