Daoist Benevolent Association Inc is located in Arlington, MA. The organization was established in 2012. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., 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. Daoist Benevolent Association 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 09/2023, Daoist Benevolent Association Inc generated $85.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 23.7% each year . All expenses for the organization totaled $82.9k during the year ending 09/2023. While expenses have increased by 23.1% per year over the past 5 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
CLASSES, WORKSHOPS, AND RETREATS FOR TRAINING IN DAOIST CULTIVATION PRACTICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Hongliang Zhou President | 20 | $0 | |
Andrew Kerman Treasurer | 10 | $0 | |
Rosie Segil Executive Director | 10 | $0 | |
Robert Chavez Director Of It | 10 | $0 | |
Brenda Gera Secretarydirector Of Marketing | 10 | $0 | |
Luis Mendes Director Of Projects | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $13,506 |
Total Program Service Revenue | $71,503 |
Membership dues | $0 |
Investment income | $682 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $85,871 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $27,079 |
Occupancy, rent, utilities, and maintenance | $45,438 |
Printing, publications, postage, and shipping | $49 |
Other expenses | $10,053 |
Total expenses | $82,894 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $44,446 |
Other assets | $0 |
Total assets | $73,727 |
Total liabilities | $0 |
Net assets or fund balances | $73,727 |