Hoa Lam Buddhist Meditation Center
- Assets
- $39.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Garden Grove, CA
- Founding
- 07/2011
- Data as of
- 12/2023
- EIN
- 27-1258261
Organization Overview
Hoa Lam Buddhist Meditation Center is located in Garden Grove, CA. The organization was established in 2011. 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. Hoa Lam Buddhist Meditation 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 12/2023, Hoa Lam Buddhist Meditation Center generated $88.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $60.8k during the year ending 12/2023. While expenses have increased by 15.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
PROVISING A PLACE FOR PEOPLE TO BE MEDITATE AND PRAY
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gina V Vu CEO | 25 | $0 | |
Tri T Cao Vice President | 20 | $0 | |
Thanhnlin Ho Treasurer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,769 |
| 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 | $88,769 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $16,700 |
| Professional fees and other payments to independent contractors | $2,750 |
| Occupancy, rent, utilities, and maintenance | $26,514 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,141 |
| Total expenses | $60,795 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,149 |
| Other assets | $0 |
| Total assets | $39,149 |
| Total liabilities | $66 |
| Net assets or fund balances | $39,083 |