TON THANG MONASTERY

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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

2021

Legal Domicile

Phone

6197928831

Tax Period

2024-01-01 to 2024-12-31

TON THANG MONASTERY, founded in 2021, is a small nonprofit in the Religion sector that reported $346K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $448K exceeded revenue, resulting in a 29% operating deficit.

Mission

PROVIDE SPIRITUAL GUIDANCE TO BUDDHIST WORSHIPPERS

Program Service Accomplishments

Program 1

Expenses: $447,615 Revenue: $346,065

The organization successfully provided spirual guidance in local Asian community and to improve mental and healthy life style. Free Vietnamese Language class and other traditonal ceremony services.

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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 $346,065

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $346,065

Expense Breakdown

Grants Paid $99,151

Salaries & Benefits $36,000

Fundraising Expenses $0

Program Expenses $447,615

Other Expenses $312,464

TOTAL EXPENSES $447,615

Year-over-Year Comparison

	2024	2023	Change
Revenue	$346,065	$280,626	+0.2%
Expenses	$447,615	$453,702	0.0%
Net Income	$-101,550	$-173,076	-0.4%

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

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
PHONG HUYNH	PRESIDENT	0.00	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	$346,065	$447,615	$3,900,129	$-101,550
2023	$280,626	$354,445	$3,574,734	$-73,819
2022	$903,937	$490,265	$3,643,866	$413,672
2021	$1,299,186	No data	$3,263,974	No data
2020	$60,465	$54,399	$829,788	$6,066