Hong Duc Sakya Monastery
- Assets
- $60.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Des Moines, IA
- Founding
- 12/2014
- Data as of
- 12/2017
- EIN
- 46-2492931
Organization Overview
Hong Duc Sakya Monastery is located in Des Moines, IA. The organization was established in 2014. 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. Hong Duc Sakya Monastery 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 12/2017, Hong Duc Sakya Monastery generated $90.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (13.7%) each year. All expenses for the organization totaled $70.5k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (16.3%) per year over the past 3 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
2017
Describe the Organization's Program Activity:
Part 3
BUDDHISM LEARNING OF 40 MEMBERS FOR THIS ORGANIZATION.
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PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $90,000 |
| Total Revenue | $90,000 |
| Statement of Expenses | |
|---|---|
| Total expenses | $70,500 |
| Balance Sheet | |
|---|---|
| Total assets | $60,250 |
| Total liabilities | $0 |
| Net assets or fund balances | $60,250 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hong Duc Sakya Monastery has recieved totaling $34,610.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $34,610 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sachen Foundation Golden Valley, MN | $2,744,211 | $220,447 |
Illinois Vipassana Association Pecatonica, IL | $2,270,658 | $1,050,702 |
Congregation Of Vietnamese Buddhists Chicago-Quang Minh Tmple Chicago, IL | $1,059,522 | $369,487 |
Tsogyaling Meditation Center Of Evanston Evanston, IL | $2,454,459 | $340,777 |
Niem Phat Buddhist Temple - Chua Niem Phat Saint Paul, MN | $0 | $0 |
Chua Quan Am Kansas City Buddhist Association Kansas City, MO | $190,307 | $318,764 |
Vietnamese Unified Buddhist Chicago, IL | $2,635,306 | $323,819 |
Institute For Zen Leadership Madison, WI | $92,245 | $155,271 |
Vietnamese Buddhist Association Roseville, MN | $2,409,562 | $275,237 |
Swaminarayan Satsang Mandal Of Chicago Palatine, IL | $1,871,471 | $868,890 |
Bultasa Buddhist Temple Of Chicago Chicago, IL | $2,297,868 | $295,845 |
Lien Hoa Buddhist Temple-Chua Lien Hoa Chicago, IL | $708,756 | $198,900 |