Rockwood, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LOTUS SEA SAMADHI MEDITATION CENTER, founded in 2022, is a small nonprofit in the Religion sector that reported $206K in total revenue in fiscal year 2023. Revenue surged 102% from the prior year, signaling strong growth momentum. The organization ran a surplus of $151K, a strong 73% operating margin.
Propagating Buddha Dharma, help the masses enter the door of Buddha Dharma, help them know the Buddha and learn from the Buddha, help them understand the importance of upholding the precepts, guide them to practice Buddha Dharma, help them to know the truth of the universe and see through problems they encounter in their life, help them relieve their pain and go through difficulties. The organization plans to hold meditation sessions. The organization plans to organization pilgrimage trips to India when situation allows. Help those who have affinity with the Buddha to reconnect with the Buddha, to resonate with the Buddha, so they can better learn from the Buddha. The organization plans to hold seminars and workshops to introduce Buddhist Diet to the masses. The organization plans to build gardens with the help from all members/volunteers seasonally. The organization plans to hold retreats in the future.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $206,353 | $102,200 | +1.0% |
| Expenses | $55,085 | $45 | +1223.1% |
| Net Income | $151,268 | $102,155 | +0.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Shaofang Yu | President | 10 |
Director
|
$0 | $0 | $0 |
| Xingmei Cong | Secretary | 3 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $206,353 | $55,085 | $253,423 | $151,268 |
| 2022 | $102,200 | $45 | $102,155 | $102,155 |
Compare LOTUS SEA SAMADHI MEDITATION CENTER with other nonprofits in Michigan and across the country.