CONCORDIA WELFARE AND EDUCATION FOUNDATION THAILAND USA

EIN: 812367565 501(c)(3) Religion

SOUTH SOLON, OH

Total Revenue
$17,339
Total Expenses
$17,353
Total Assets
$299
Net Assets
$299
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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
2016
Legal Domicile
OH
Principal Officer
DAVID KARKAN
Phone
9376317571
Tax Period
2018-07-01 to 2019-06-30

CONCORDIA WELFARE AND EDUCATION FOUNDATION THAILAND USA, founded in 2016, is a micro nonprofit in the Religion sector that reported $17K in total revenue in fiscal year 2018. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

SUPPORT VARIOUS EDUCATION AND MISSION PROGRAMS IN THAILAND, INCLUDING FUNDRAISING AND PROMOTION.

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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 (2018)

Revenue Breakdown

Contributions & Grants $17,339
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $17,339

Expense Breakdown

Grants Paid $16,580
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $17,353
Other Expenses $773
TOTAL EXPENSES $17,353

Year-over-Year Comparison

2018 2017 Change
Revenue $17,339 $15,841 +0.1%
Expenses $17,353 $15,840 +0.1%
Net Income $-14 $1 -15.0%
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
3
Independent Members
3
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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM BRUGGEMAN CONSTRUCTION N/A
Director
$0 $0 $0
MARTI BRUGGEMAN EARLY EDUCAT N/A
Director
$0 $0 $0
MARY KARKAN SECRETARY/TR N/A
Officer
$0 $0 $0
BETSEY KARKAN THAI CULTURA N/A
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
2019 $17,339 $17,353 $299 $-14
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