HMONG NURSES ASSOCIATION

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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

2018

Legal Domicile

Phone

9162966100

Tax Period

2024-01-01 to 2024-12-31

HMONG NURSES ASSOCIATION, founded in 2018, is a small nonprofit in the Public & Societal Benefit sector that reported $112K in total revenue in fiscal year 2024. Revenue surged 55% from the prior year, signaling strong growth momentum. Expenses of $100K left a modest 11% surplus.

Mission

PROVIDE HMONG NURSES PROFESSIONAL GROWTH AND ADVANCEMENT THROUGH MENTORSHIP, EDUCATIONAL OPPORTUNITIES, AND LEADERSHIP DEVELOPMENT

Program Service Accomplishments

Program 1

Expenses: $63,894

GAVE SCHOLARSHIP OF $20,000

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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 $111,961

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $111,961

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $25,539

Program Expenses $63,894

Other Expenses $99,795

TOTAL EXPENSES $99,795

Year-over-Year Comparison

	2024	2023	Change
Revenue	$111,961	$72,025	+0.6%
Expenses	$99,795	$65,093	+0.5%
Net Income	$12,166	$6,932	+0.8%

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
MAI Y LEE	Board Member	20.00	Director	$0	$0	$0
FOUA VANG	Board Member	20.00	Director	$0	$0	$0
PA VANG	Board Member	20.00	Director	$0	$0	$0
Autumn Neeb Hawj	BOARD MEMBER	20.00	Director	$0	$0	$0
Kao Kang Kue Vang	BOARD MEMBER	20.00	Director	$0	$0	$0
Mai Chou Lor	Board Member	20.00	Director	$0	$0	$0
Wa Yang	Board Member	20.00	Director	$0	$0	$0
Casie Yang	Board Member	20.00	Director	$0	$0	$0
Mayche Vang-Kue	Board Member	20.00	Director	$0	$0	$0
Xiongmee Chang	Board Member	20.00	Director	$0	$0	$0
Jamie Yang	Treasurer	20.00	Officer	$0	$0	$0
MAY HANG	President	20.00	Officer	$0	$0	$0
Diane Mua-Xiong	Vice President	20.00	Officer	$0	$0	$0
Mia Yang	Secretary	20.00	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
2024	$111,961	$99,795	$79,694	$12,166
2023	$72,025	$65,093	$68,042	$6,932
2022	$102,613	$97,437	$60,112	$5,176
2021	$47,003	$39,707	$42,305	$7,296