Choe Khor Ling Foundation Inc (EIN 824412436) - 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

2018

Legal Domicile

Principal Officer

Hoai Ta

Phone

4083182788

Tax Period

2021-01-01 to 2021-12-31

Choe Khor Ling Foundation Inc, founded in 2018, is a small nonprofit in the Religion sector that reported $258K in total revenue in fiscal year 2021. Revenue surged 129% from the prior year, signaling strong growth momentum. The organization ran a surplus of $140K, a strong 54% operating margin.

Mission

The organization proivdes an outreach ministry program that preaches and teaches the Mahayana path of Buddhism while also providing benevolent assistance to individuals and families in need.

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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 (2021)

Revenue Breakdown

Contributions & Grants $256,698

Program Service Revenue $0

Investment Income $1,330

Other Revenue $0

TOTAL REVENUE $258,028

Expense Breakdown

Grants Paid $38,008

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $114,544

Other Expenses $79,698

TOTAL EXPENSES $117,706

Year-over-Year Comparison

	2021	2020	Change
Revenue	$258,028	$112,743	+1.3%
Expenses	$117,706	$17,340	+5.8%
Net Income	$140,322	$95,403	+0.5%

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
Hoai Ta	President	025.00	Officer Director	$0	$0	$0
Luong Chau	Secretary	004.00	Officer Director	$0	$0	$0
Nhan Hoang	Vice President	004.00	Officer Director	$0	$0	$0
Sammy Giang	Treasurer	004.00	Officer Director	$0	$0	$0
Cao Phung Huynh	Director	004.00	Director	$0	$0	$0
Mimi Quach	Director	004.00	Director	$0	$0	$0
Sang Phan	Director	020.00	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
2021	$258,028	$117,706	$265,308	$140,322

Choe Khor Ling Foundation Inc