Voviology Organization Inc
- Assets
- $591.6k
- Revenue
- $60.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Buena Park, CA
- Founding
- 11/2001
- Data as of
- 11/2020
- EIN
- 33-0960816
Organization Overview
Voviology Organization Inc is located in Buena Park, CA. The organization was established in 2001. According to its NTEE Classification (X83) the organization is classified as: Religious Printing & Publishing, 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. Voviology Organization Inc 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 11/2020, Voviology Organization Inc generated $60.6k 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 (17.2%) each year. All expenses for the organization totaled $53.5k during the year ending 11/2020. As we would expect to see with falling revenues, expenses have declined by (13.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE RELIGIOUS TOLERANCE BY EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEDITATION HALL: THE CENTER PROVIDES A GATHERING PLACE FOR CULTURAL EXCHANGES, FOR LEARNING AND PRACTICING MEDITATION TECHNIQUES. PROMOTES PEACE AND WELL-BEING, COMPASSION, TOLERANCE AND MUTUAL RESPECT FOR ONE ANOTHER. BENEFITED OVER 900 PEOPLE.
MEMORIAL & HEALING CHAPEL: PROVIDES TEACHINGS ON HOW TO LIVE A WELL-ROUNDED SPIRITUAL & PHYSICAL LIFE. APPROXIMATELY 5,000 PEOPLE BENEFITED NATIONAL AND INTERNATIONAL.
PUBLICATION OF RELIGIOUS MATERIALS: PUBLISHED ARTICLES FOR THOSE UNABLE TO, DUE TO FINANCIAL HARDSHIP. PUBLISHED ON-LINE RELIGIOUS ARTICLES - PROMOTING UNDERSTANDING & MUTUAL RESPECT AMONG DIFFERENT PEOPLE AND RELIGIONS. BENEFITED OVER 9,000 PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beatrice Broussard Director President Secretar | OfficerTrustee | 20 | $0 |
Cindy Duong Director Vice President | OfficerTrustee | 20 | $0 |
Catherine Duong Director Chief Financial Off | OfficerTrustee | 20 | $0 |
Tan N Chau Grand Teacher | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,620 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $60,620 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,491 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,430 |
| Travel | $13,313 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,808 |
| Interest | $2,481 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,294 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $53,534 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,880 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $591,581 |
| Accounts payable and accrued expenses | $17,797 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $50,226 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $90,000 |
| Other liabilities | $0 |
| Total liabilities | $158,023 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $433,558 |
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