STAR LAKE MEDITATION CENTER (EIN 934226401) - 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

2023

Legal Domicile

Principal Officer

Jinhua Zhou

Phone

9472189191

Tax Period

2024-01-01 to 2024-12-31

STAR LAKE MEDITATION CENTER, founded in 2023, is a small nonprofit in the Religion sector that reported $441K in total revenue in fiscal year 2024. Revenue surged 11390% from the prior year, signaling strong growth momentum. The organization ran a surplus of $422K, a strong 96% operating margin.

Mission

The organization propagates Buddha Dharma Michigan, helping the masses enter the door of Buddha Dharma, helping them know the Buddha and learn from the Buddha, help them understand the importance of upholding the precepts, guiding them to practice Buddha Dharma, helping them to know the truth of the universe and see through problems they encounter in their life, helping them relieve their pain and go through difficulties. The organization holds meditation sessions Michigan, introducing different meditation techniques to the masses, helping them learn these skills so that they can practice to gain a peaceful mind in their daily life, lessen worries, and live an easier life. The organization organizes pilgrimage trips to India when situation allows. Helping 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.

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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 (2024)

Revenue Breakdown

Contributions & Grants $440,755

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $440,755

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,430

Fundraising Expenses $0

Program Expenses $3,430

Other Expenses $14,966

TOTAL EXPENSES $18,396

Year-over-Year Comparison

	2024	2023	Change
Revenue	$440,755	$3,836	+113.9%
Expenses	$18,396	$80	+229.0%
Net Income	$422,359	$3,756	+111.4%

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

Volunteers

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
Jinhua Zhou	President	10	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	$440,755	$18,396	$426,115	$422,359
2023	$3,836	$80	$3,756	$3,756

STAR LAKE MEDITATION CENTER