Friends of Hue (EIN 770543081) - 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

2005

Legal Domicile

Principal Officer

LINH VU

Tax Period

2023-01-01 to 2023-12-31

Friends of Hue, founded in 2005, is a small nonprofit in the International Affairs sector that reported $110K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Net assets of $264K represent 29 months of operating reserves.

Mission

Outreach on healthcare social services emergency assistance for disaster relief support for childrens shelter and youth empowerment

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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 $108,055

Program Service Revenue $0

Investment Income $1,508

Other Revenue $0

TOTAL REVENUE $109,563

Expense Breakdown

Grants Paid $100,000

Salaries & Benefits $4,545

Fundraising Expenses $7,355

Program Expenses $8,900

Other Expenses $14,029

TOTAL EXPENSES $118,574

Year-over-Year Comparison

	2023	2022	Change
Revenue	$109,563	$139,075	-0.2%
Expenses	$118,574	$205,954	-0.4%
Net Income	$-9,011	$-66,879	-0.9%

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

Governance

Voting Members

Independent Members

N/A

Employees

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

$4,000

Total Directors

$4,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
QUYNH NGUYEN	ED	1.000	Officer Director	$0	$0	$0
DAN DO	Program Manager	1.000	Officer Director	$3,500	$0	$3,500
LINH VU	Treasurer	1.000	Officer Director	$500	$0	$500
UYENTHY NGUYEN	Board Member	N/A	Director	$0	$0	$0
LAWRENCE DONG	Board	N/A	Director	$0	$0	$0
HON LIEN	board	N/A	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	$109,563	$118,574	$304,003	$-9,011
2022	$139,075	$205,954	$257,129	$-66,879
2021	$514,474	$403,064	$410,659	$111,410
2020	$414,594	$380,045	$272,142	$34,549

Friends of Hue