Yeru Bon Center
- Assets
- $14.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 11/2004
- Data as of
- 12/2016
- EIN
- 20-0424573
Organization Overview
Yeru Bon Center is located in Minneapolis, MN. The organization was established in 2004. According to its NTEE Classification (X50) the organization is classified as: Buddhism, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yeru Bon Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2016, Yeru Bon Center generated $69.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (22.9%) each year. All expenses for the organization totaled $69.9k during the year ending 12/2016. As we would expect to see with falling revenues, expenses have declined by (32.7%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Peteler Secretary | 25 | $0 | |
David Peteler President & Treasurer | 25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,618 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $69,618 |
| Statement of Expenses | |
|---|---|
| Total expenses | $69,905 |
| Balance Sheet | |
|---|---|
| Total assets | $14,584 |
| Total liabilities | $12,971 |
| Net assets or fund balances | $1,613 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Yeru Bon Center has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sachen Foundation Golden Valley, MN | $2,744,211 | $220,447 |
Niem Phat Buddhist Temple - Chua Niem Phat Saint Paul, MN | $0 | $0 |
Institute For Zen Leadership Madison, WI | $92,245 | $155,271 |
Vietnamese Buddhist Association Roseville, MN | $2,409,562 | $275,237 |
Kevala Retreat Norwalk, WI | $658,089 | $145,953 |
Davenport Buddhist Association Kim Cang Temple Davenport, IA | $157,887 | $135,630 |
Tu Vien Giac Hai Hastings, MN | $579,874 | $277,854 |
Korinji Foundation Reedsburg, WI | $589,889 | $124,258 |
Buddha Haksa Corporation Waukesha, WI | $2,319,463 | $570,128 |
Jalu Foundation Inc Soldiers Grove, WI | $1,430,822 | $1,514,375 |
Hong Duc Sakya Monastery Des Moines, IA | $60,250 | $0 |
Yeru Bon Center Minneapolis, MN | $14,584 | $0 |