DHAMMACHAI FOUNDATION

EIN: 874002425 501(c)(3) Religion

CHICAGO, IL

Total Revenue
$601,814
Total Expenses
$857,734
Total Assets
$216,054
Net Assets
$209,119
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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
IL
Principal Officer
PHRAMAHA S JONGPATRA
Phone
7734336100
Tax Period
2024-01-01 to 2024-12-31

DHAMMACHAI FOUNDATION, founded in 2021, is a small nonprofit in the Religion sector that reported $602K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $858K exceeded revenue, resulting in a 43% operating deficit.

Mission

TO PROMOTE BUDDHISM, MANAGE ASSETS, AND SUPPORT RELIGIOUS AND CHARITABLE GROUPS.

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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 $600,219
Program Service Revenue $0
Investment Income $1,595
Other Revenue $0
TOTAL REVENUE $601,814

Expense Breakdown

Grants Paid $773,886
Salaries & Benefits $35,910
Fundraising Expenses $11,850
Program Expenses $827,681
Other Expenses $47,938
TOTAL EXPENSES $857,734

Year-over-Year Comparison

2024 2023 Change
Revenue $601,814 $545,742 +0.1%
Expenses $857,734 $586,876 +0.5%
Net Income $-255,920 $-41,134 +5.2%
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
6
Independent Members
5
Employees
2
Volunteers
5

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
3
$16,680
Total Directors
7
$16,680
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WUTTIPONG SAWETCHAI TREASURER 10.00
Officer Director
$16,680 $0 $16,680
PHRAMAHA SOMBOON JONGPATRA PRESIDENT 10.00
Officer Director
$0 $0 $0
PHRAHANCHAI LAEPONG SECRETARY 10.00
Officer Director
$0 $0 $0
PHRABHANDIT SUDHIPAN DIRECTOR 10.00
Director
$0 $0 $0
PHRASIVET KIJKANJANAPAIBOON DIRECTOR 10.00
Director
$0 $0 $0
PHRAWITSANU SAMUHAWINYU DIRECTOR (ENDED 12/19/24) 10.00
Director
$0 $0 $0
PHRA TAWALSAK BOONSIRIWATTANAKUL DIRECTOR (STARTED 12/19/24) 10.00
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 $601,814 $857,734 $216,054 $-255,920
2023 $545,742 $586,876 $471,974 $-41,134
2022 $514,112 $7,939 $513,108 $506,173
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