BUDDHIST KUNG FU MEDITATION CENTRE OF USA INC

EIN: 834229055 501(c)(3) Religion

Watertown, CT

Total Revenue
$49,281
Total Expenses
$52,074
Total Assets
$26,182
Net Assets
$26,182
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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
2019
Legal Domicile
NY
Principal Officer
YIN YAN
Phone
5163530462
Tax Period
2024-01-01 to 2024-12-31

BUDDHIST KUNG FU MEDITATION CENTRE OF USA INC, founded in 2019, is a micro nonprofit in the Religion sector that reported $49K in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring.

Mission

CONDUCTING MEDITATION AND SHAOLIN KUNG FU COURSES, PROMOTING INNER PEACE, HELPING PEOPLE TO MAINTAIN AND IMPROVE THEIR MENTAL AND PHYSICAL HEALTH, AND OTHER ACTIVITIES TO EDUCATE PEOPLE ABOUT EASTERN CULTURE AND RELIGION

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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 (2024)

Revenue Breakdown

Contributions & Grants $49,281
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $49,281

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $52,074
TOTAL EXPENSES $52,074

Year-over-Year Comparison

2024 2023 Change
Revenue $49,281 $61,641 -0.2%
Expenses $52,074 $53,142 0.0%
Net Income $-2,793 $8,499 -1.3%
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
N/A
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YIN YAN SECRETARY 018.00
Director
$0 $0 $0
TUNG MING DIRECTOR 018.00
Director
$0 $0 $0
XIANGYONG ZHAO TREASURER 018.00
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
2024 $49,281 $52,074 $26,182 $-2,793
2023 $61,641 $53,142 $37,185 $8,499
2022 $26,726 $26,726 $28,686 No data
2021 $20,473 $20,273 $27,459 $200
2020 $11,500 $9,440 $6,060 $2,060
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