MING YA BUDDHIST FOUNDATION OF LA (EIN 953826886) - 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

1982

Legal Domicile

Tax Period

2024-01-01 to 2024-12-31

MING YA BUDDHIST FOUNDATION OF LA, founded in 1982, is a community nonprofit in the Religion sector that reported $1.8M in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 81% operating margin.

Mission

TO PROVIDE GENERAL PROGRAMS INCLUDING SENIOR AND YOUTH RECREATION ATHLETIC, SOCIAL ACTIVITIES, RELIGIOUS ACTIVITIES AND GENERAL ASSISTANCE TO ENCOURAGE CULTURAL AND RELIGIOUS UNDERSTANDING AND RELATIONS.

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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 $918,619

Program Service Revenue $0

Investment Income $515,140

Other Revenue $328,984

TOTAL REVENUE $1,762,743

Expense Breakdown

Grants Paid $2,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $258,686

Other Expenses $339,474

TOTAL EXPENSES $341,974

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,762,743	$1,397,920	+0.3%
Expenses	$341,974	$327,977	+0.0%
Net Income	$1,420,769	$1,069,943	+0.3%

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

N/A

Employees

N/A

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
HUGH WEI	PRESIDENT	5.00	Officer	$0	$0	$0
SUNG DUONG	SECRETARY	5.00	Officer	$0	$0	$0
WILLIAM CHAN	TREASURER	5.00	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	$1,762,743	$341,974	$18,702,376	$1,420,769
2023	$1,397,920	$327,977	$17,318,241	$1,069,943
2022	$984,859	$321,111	$16,157,605	$663,748
2021	$1,152,847	$383,235	$15,596,621	$769,612
2020	$796,115	$345,447	$14,812,868	$450,668
2019	$1,106,212	$477,136	$14,380,648	$629,076
2018	$1,046,624	$286,486	$13,691,672	$760,138

MING YA BUDDHIST FOUNDATION OF LA