International Buddhism Associationinc
- Assets
- $4.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Flushing, NY
- Founding
- 01/2009
- Data as of
- 12/2023
- EIN
- 20-5846511
Organization Overview
International Buddhism Associationinc is located in Flushing, NY. The organization was established in 2009. 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. International Buddhism Associationinc 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 12/2023, International Buddhism Associationinc generated $12.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $13.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SEVERAL LECTURES ON BUDDHISM THEORIES AND PUBLICATION OF RELATED MAGAZINE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shengxing Zheng President | 10 | $10,400 | |
Yuen Hay Zheng Tong Secretary /treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,000 |
| 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 | $12,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $10,400 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $304 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,690 |
| Total expenses | $13,394 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,018 |
| Other assets | $0 |
| Total assets | $4,018 |
| Total liabilities | $0 |
| Net assets or fund balances | $4,018 |