UTAH TIBETAN ASSOCIATION (EIN 810583108) - 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

2002

Legal Domicile

Principal Officer

TSERING CHOEDON

Phone

8014100648

Tax Period

2024-01-01 to 2024-12-31

UTAH TIBETAN ASSOCIATION, founded in 2002, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $195K in total revenue in fiscal year 2024. Revenue surged 198% from the prior year, signaling strong growth momentum. The organization ran a surplus of $34K, a strong 17% operating margin.

Mission

THE UTAH TIBETAN ASSOCIATION (UTA) SERVES AS A RESOURCE FOR ANYONE INTERESTED TO LEARN ABOUT TIBET, TIBETANS, LANGUAGE, RELIGION AND OTHER ASPECTS OF THE TIBETAN CULTURE. OUR OBJECTIVE AND MISSION IS TO PRESERVE OUR CULTURE, ARTS, LANGUAGE, AND PROVIDE GUIDANCE TO THE YOUNG GENERATION OF UTAH TIBETANS. WE ARE ALSO COMMITTED TO DIVERSIFYING OUR ORGANIZATION BY INTERACTING WITH OTHER CULTURE AND COMMUNITIES.

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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 $70,853

Program Service Revenue $94,750

Investment Income $15

Other Revenue $29,616

TOTAL REVENUE $195,234

Expense Breakdown

Grants Paid $1,220

Salaries & Benefits $0

Fundraising Expenses $2,835

Program Expenses $149,236

Other Expenses $160,105

TOTAL EXPENSES $161,325

Year-over-Year Comparison

	2024	2023	Change
Revenue	$195,234	$65,547	+2.0%
Expenses	$161,325	$80,639	+1.0%
Net Income	$33,909	$-15,092	-3.2%

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

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
TENZIN CHODAR	VICE PRESIDE	20.00	Officer Director	$0	$0	$0
TSERING CHOEDON	PRESIDENT	20.00	Officer Director	$0	$0	$0
LOBSANG CHOJOR	SECRETARY	20.00	Officer Director	$0	$0	$0
TSERING DAWA	UTCC DIRECTO	10.00	Director	$0	$0	$0
TENZIN DECHEN	PUBLIC RELAT	10.00	Director	$0	$0	$0
TSERING DHONDUP	PUBLIC RELAT	10.00	Director	$0	$0	$0
SONAM DOLMA	CO-SECRETARY	20.00	Officer Director	$0	$0	$0
KARMA GELEK	UTCC DIRECTO	10.00	Director	$0	$0	$0
JENNIFER KYIZOM	CULTURAL OFF	10.00	Director	$0	$0	$0
TENZIN LHAWANG	ACCOUNTANT	10.00	Director	$0	$0	$0
TENZIN RABJAM	PUBLIC RELAT	10.00	Director	$0	$0	$0
TENZIN THOMKE SAMPHO	SECRETARY	20.00	Officer Director	$0	$0	$0
RINCHEN TASHI	VICE PRESIDE	20.00	Officer Director	$0	$0	$0
TSERING TASHI	TREASURER	10.00	Officer Director	$0	$0	$0
KARMA THINLEY	CULTURE OFFI	10.00	Director	$0	$0	$0
LOBSANG TSERING	PRESIDENT	20.00	Officer Director	$0	$0	$0
PENPA TSERING	TREASURER	10.00	Officer Director	$0	$0	$0
TENZIN TSETAN	CULTURAL OFF	10.00	Director	$0	$0	$0
TASHI YOUDON	CULTURE OFFI	10.00	Director	$0	$0	$0
KARMA YOUNTEN	TREASURER	10.00	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	$195,234	$161,325	$1,141,767	$33,909
2023	$65,547	$80,639	$1,106,429	$-15,092
2022	$57,001	$72,881	$1,124,063	$-15,880
2021	$82,096	$54,514	$1,141,553	$27,582
2020	$19,742	$54,388	$1,114,038	$-34,646
2019	$64,653	$86,977	$1,145,219	$-22,324
2018	$46,366	$58,449	$1,167,169	$-12,083

UTAH TIBETAN ASSOCIATION