Thmana

Nonprofit profile at a glance

EIN
832734970
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024
Location
Houston, TX, USA
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Reported finances

Revenue
$30,324
Expenses
$39,254
Assets
$45,641
Liabilities
$1,600

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • WILSON WANG (President)

People named in this filing

  • WILSON WANG (President)
  • ANITA KO (Secretary)
  • KEVIN YEH (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Main membership targets are hotel owners and related businesses originally from the Republic of China, Taiwan. The organization was formed to promote business activities among the hoteliers in working with franchisors, service providers and venders in hospitality industry. The organization will also connect hotel owners throughout the North America regions to create business alliance.

What it reported doing in 2024

Current plan is to connect known hotel owners from coast-to-coast. Organization activities included, but not limited to, the followings:* Periodic meetings by the Board of Directors to plan and organize annual agenda and member activities.* Periodic workshops and seminars for the members to stay up-to-date on industry news and regulatory changes.* Annual gatherings to promote member relationship and share trade information.* To promote charitable events and fundraises to help those in needs and uplift social awareness.Activities and events will be coordinated by the Board of Directors during its meetings, and executed throughout each fiscal year. Meeting locations will rotate within the North America geographic regions, which would include tours of local hotels to learn various operations by regions and culture differences.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 33
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -29.4%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 1.16; rating input score 50; 50th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 23; 23rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 35.4% per year; rating input score 100; 89th percentile among comparable filings
  • Revenue growth: 35.1% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 34.5% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $39K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 19/100.
  • Review — Sustainability: Total-asset coverage ratio scored 50/100.
  • High — Sustainability: Liabilities to assets ratio scored 23/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.