MING YA BUDDHIST FOUNDATION OF SEATTLE (EIN 912152790) - 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

2001

Legal Domicile

Principal Officer

JENNIFER YU

Phone

2067233243

Tax Period

2023-01-01 to 2023-12-31

MING YA BUDDHIST FOUNDATION OF SEATTLE, founded in 2001, is a micro nonprofit in the Religion sector that reported $55K in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $68K exceeded revenue, resulting in a 23% operating deficit.

Mission

PROVIDE A PLATFORM FOR THE GENERAL PUBLIC TO PRACTICE BUDDHISM.

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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 $52,070

Program Service Revenue $0

Investment Income $3,424

Other Revenue $0

TOTAL REVENUE $55,494

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $42,459

Other Expenses $68,441

TOTAL EXPENSES $68,441

Year-over-Year Comparison

	2023	2022	Change
Revenue	$55,494	$40,696	+0.4%
Expenses	$68,441	$47,187	+0.5%
Net Income	$-12,947	$-6,491	+1.0%

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

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
SANDY HUYNH	TREASURER	5.00	Officer Director	$0	$0	$0
KIMBERLY LY	VICE PRESIDE	5.00	Officer Director	$0	$0	$0
JENNY WONG	PRESIDENT	5.00	Officer Director	$0	$0	$0
JENNIFER YU	SECRETARY	5.00	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	$55,494	$68,441	$4,020,028	$-12,947
2022	$40,696	$47,187	$4,032,975	$-6,491
2021	$2,661,140	$26,195	$4,039,466	$2,634,945
2020	$43,395	$26,554	$1,404,521	$16,841
2019	$41,742	$22,682	$1,387,680	$19,060
2018	$47,198	$29,267	$1,368,620	$17,931

MING YA BUDDHIST FOUNDATION OF SEATTLE