LAO IU MIEN CULTURE ASSOCIATION INC (EIN 942832499) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

MUANGCHOY SAEPHAN

Phone

5104183309

Tax Period

2023-07-01 to 2024-06-30

LAO IU MIEN CULTURE ASSOCIATION INC, founded in 1982, is a small nonprofit in the Arts, Culture & Humanities sector that reported $343K in total revenue in fiscal year 2023. Revenue surged 162% from the prior year, signaling strong growth momentum. The organization ran a surplus of $133K, a strong 39% operating margin.

Mission

LIMCA PROVIDES ANNUAL LUNAR NEW YEAR, KING PAN FESTIVAL, AND SCHOLARSHIP FUNDRAISER. LIMCA ALSO PROVIDES SHAMAN AND IU MIEN LANGUAGE CLASSES FOR THE IU MIEN COMMUNITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $340,875

Program Service Revenue $0

Investment Income $0

Other Revenue $1,821

TOTAL REVENUE $342,696

Expense Breakdown

Grants Paid $11,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $205,510

Other Expenses $198,978

TOTAL EXPENSES $209,978

Year-over-Year Comparison

	2023	2022	Change
Revenue	$342,696	$130,610	+1.6%
Expenses	$209,978	$168,186	+0.2%
Net Income	$132,718	$-37,576	-4.5%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

100

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
Leo O Saephan	Chairman	2	Officer Director	$0	$0	$0
Joanna Saeteurn	Secretary	2	Officer Director	$0	$0	$0
Nai H Saelee	Chief Financial Officer/Treasurer	2	Officer Director	$0	$0	$0
Muangchoy Saephan	Executive Director	2	Officer Director	$0	$0	$0
Kouichoy Saechao	Board Member	2	Director	$0	$0	$0
Kao Chiem Chao	Board Member	2	Director	$0	$0	$0
Vern Chiem Saelaw	Board Member	2	Director	$0	$0	$0
Kao Kae Saephanh	Board Member	2	Director	$0	$0	$0
Low Wang Saelee	Board Member	2	Director	$0	$0	$0
Sheng Saechao	Board Member (from 12/18/22)	2	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
2025	No data	No data	No data	No data
2024	$342,696	$209,978	$1,056,833	$132,718
2023	$130,610	$168,186	$1,054,017	$-37,576
2022	$111,211	$116,876	$1,094,536	$-5,665
2021	$135,028	$89,325	$1,103,550	$45,703

LAO IU MIEN CULTURE ASSOCIATION INC