MYTHICAL LOTUS FOUNDATION (EIN 843718975) - 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

2019

Legal Domicile

Principal Officer

DAVIEN HOANG

Tax Period

2023-01-01 to 2023-12-31

MYTHICAL LOTUS FOUNDATION, founded in 2019, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.5M in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. The organization ran a surplus of $902K, a strong 60% operating margin.

Mission

Educate people on meditation benefits and how to improve bodily health and mental. Help groups that are in need to better their lives. Visit orphan kids around the world to help.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,452,650

Program Service Revenue $0

Investment Income $55,288

Other Revenue $0

TOTAL REVENUE $1,507,938

Expense Breakdown

Grants Paid $325,413

Salaries & Benefits $0

Fundraising Expenses $28,073

Program Expenses $493,837

Other Expenses $280,708

TOTAL EXPENSES $606,121

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,507,938	$1,805,944	-0.2%
Expenses	$606,121	$883,519	-0.3%
Net Income	$901,817	$922,425	0.0%

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

Governance

Voting Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVIEN HOANG	CFO & SECRETARY	10.00	Officer Director	$0	$0	$0
DAN NGO	CEO	25.00	Officer 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	No data	No data	No data	No data
2023	$1,507,938	$606,121	$2,540,810	$901,817
2022	$1,805,944	$883,519	$1,577,743	$922,425
2021	$1,296,469	$1,380,501	$654,639	$-84,032
2020	$358,672	$17,330	$738,672	$341,342
2019	$401,000	$3,671	$397,329	$397,329

MYTHICAL LOTUS FOUNDATION