TANG FOUNDATION FOR THE RESEARCH OF TRADITIONAL CHINESE MEDICINE

EIN: 880356413 501(c)(3) Medical Research

LAS VEGAS, NV

Total Revenue
$140,683
Total Expenses
$246,567
Total Assets
$3,185,230
Net Assets
$3,183,190
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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
1996
Legal Domicile
NV
Principal Officer
Vytas Ambutas
Phone
7027343700
Tax Period
2023-01-01 to 2023-12-31

TANG FOUNDATION FOR THE RESEARCH OF TRADITIONAL CHINESE MEDICINE, founded in 1996, is a small nonprofit in the Medical Research sector that reported $141K in total revenue in fiscal year 2023. Revenue surged 199% from the prior year, signaling strong growth momentum. Expenses of $247K exceeded revenue, resulting in a 75% operating deficit.

Mission

TO CONDUCT MEDICAL RESEARCH ON TRADITIONAL CHINESE MEDICINE

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $140,683
Other Revenue $0
TOTAL REVENUE $140,683

Expense Breakdown

Grants Paid $0
Salaries & Benefits $158,559
Fundraising Expenses $0
Program Expenses $246,567
Other Expenses $88,008
TOTAL EXPENSES $246,567

Year-over-Year Comparison

2023 2022 Change
Revenue $140,683 $46,979 +2.0%
Expenses $246,567 $759,914 -0.7%
Net Income $-105,884 $-712,935 -0.9%
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
4
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
3
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL TANG PRESIDENT 2.00
Officer Director
$0 $0 $0
STELLA LIANG TREASURER 2.00
Officer Director
$0 $0 $0
VYTAS AMBUTAS SECRETARY 2.00
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 No data No data No data No data
2023 $140,683 $246,567 $3,185,230 $-105,884
2022 $46,979 $759,914 $3,385,019 $-712,935
2021 $531,900 $232,429 $4,184,352 $299,471
2020 $76,336 $238,680 $3,704,182 $-162,344
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