Southern USA Falun Dafa Association

EIN: 760692185 501(c)(3) Religion

HOUSTON, TX

Total Revenue
$8,888,697
Total Expenses
$8,878,697
Total Assets
$411,700
Net Assets
$-1,458,027
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
TX
Principal Officer
SEAN YANG
Phone
7138198873
Tax Period
2023-10-01 to 2024-09-30

Southern USA Falun Dafa Association, founded in 2001, is a community nonprofit in the Religion sector that reported $8.9M in total revenue in fiscal year 2023.

Mission

Promote Buddhism principles of Truthfulness, Compassion and Tolerance

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $8,888,697
Investment Income $0
Other Revenue $0
TOTAL REVENUE $8,888,697

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $8,878,697
Other Expenses $8,878,697
TOTAL EXPENSES $8,878,697

Year-over-Year Comparison

2023 2022 Change
Revenue $8,888,697 $8,341,111 +0.1%
Expenses $8,878,697 $8,344,407 +0.1%
Net Income $10,000 $-3,296 -4.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
80

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
3
$0
Total Directors
3
$0
Key Employees
3
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sean Yang President 10
Officer Director Key Emp
$0 $0 $0
Frank Pan Exe. Dir - SY Perf. Arts Division 60
Officer Director Key Emp
$0 $0 $0
Michael Hwang Secretary and Treasurer 5
Officer Director Key Emp
$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 $8,888,697 $8,878,697 $411,700 $10,000
2023 $8,341,111 $8,344,407 $662,317 $-3,296
2022 $11,478,378 $12,215,214 $447,829 $-736,836
2021 $4,922,503 $4,976,290 $3,622,112 $-53,787
2020 $3,414,464 $4,216,326 $271,458 $-801,862
Explore More Nonprofits
→Top 100 Nonprofits in Texas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Southern USA Falun Dafa Association with other nonprofits in Texas and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.