Long Island Buddhist Meditation Center (EIN 800148046) - 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

2008

Legal Domicile

Phone

6318286296

Tax Period

2024-01-01 to 2024-12-31

Long Island Buddhist Meditation Center, founded in 2008, is a micro nonprofit in the Religion sector that reported $56K in total revenue in fiscal year 2024. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $49K left a modest 13% surplus.

Mission

Offer to our community meditation sessions all throughout the year to bring together those in search of a peacefull state of mind, which is also the foundation Buddahism.

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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 $55,928

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $55,928

Expense Breakdown

Grants Paid $2,842

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $48,769

Other Expenses $45,927

TOTAL EXPENSES $48,769

Year-over-Year Comparison

	2024	2023	Change
Revenue	$55,928	$113,773	-0.5%
Expenses	$48,769	$87,840	-0.4%
Net Income	$7,159	$25,933	-0.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kottawe Nanda	President	080.00	Officer Director	$0	$0	$0
N/A	Treasurer	020.00	Officer Director	$0	$0	$0
Sudat Tennekoon	Secretary	020.00	Officer 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	$55,928	$48,769	$222,077	$7,159
2023	$113,773	$87,840	$214,918	$25,933
2022	$48,588	$76,393	$195,616	$-27,805
2021	$70,741	$84,760	$211,711	$-14,019
2020	$20,742	$21,180	$169,080	$-438
2019	$26,249	$28,419	$409,518	$-2,170
2018	$84,963	$67,584	$411,699	$17,379

Long Island Buddhist Meditation Center