Vietnamese Buddhist Center Inc
- Assets
- $7.0m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 8
- Location
- Sugar Land, TX
- Founding
- 01/1995
- Data as of
- 12/2015
- EIN
- 76-0342787
Organization Overview
Vietnamese Buddhist Center Inc is located in Sugar Land, TX. The organization was established in 1995. According to its NTEE Classification (X50) the organization is classified as: Buddhism, under the broad grouping of Religion-Related and related organizations. As of 12/2015, Vietnamese Buddhist Center Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vietnamese Buddhist Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2015
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE THE BUDDHIST FAITH, DEVELOP THE TEACHINGS OF BUDDHA, NURTURE THE TRADITIONAL VIETNAMESE CULTURE FOR THE VIETNAMESE YOUTH, AND FACILITATE COMMUNICATION AND UNDERSTANDING BETWEEN THE VIETNAMESE BUDDHIST AND OTHER COMMUNITIES THROUGH SUPPORT OF SOCIAL AND CHARITABLE ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING CHARITABLE ASSISTANCE AND RESCUE SUPPORT TO VIETNAM & DOMESTIC CAUSES, E.G., FLOODING RESCUE, PROVIDING EDUCATION SCHOLARSHIP FOR POOR CHILDREN, HOUSING FOR THE HOMELESS, DRILLING WATER WELLS FOR CLEAN WATER, CONSTRUCTING BRIDGE AND SCHOOLS, ETC.
PERFORMING VARIOUS RELIGIOUS SERVICES AND CELEBRATIONS, I.E., REGULAR SUNDAY PRAYING SESSIONS, FUNERALS, WEDDINGS, BAPTISMALS, RELIGIOUS COUNSELING, CELEBRATION OF BUDDHA'S BIRTHDAY, FILIAL PIETY, LUNAR NEW YEAR, AND ANNUAL PILGRIMAGE OF KWAN-YIN
PROVING VIETNAMESE LANGUAGE AND CULTURAL CLASSES FOR VIETNAMESE CHILDREN, ENGLISH CLASSES FOR NEWLY ARRIVED VIETNAMESE REFUGEES, CLASSES IN BUDDHIST TEACHING TO THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dat N Tran Foundation Mgr. | Officer | 60 | $6,000 |
Thuy Thi Le Tn Quang Ngoc Youth Coordinator | Officer | 40 | $3,900 |
Thuyen T Ly Tn Tam Thao Senior Coordinator | Officer | 40 | $3,900 |
Ngau Bich T Nguyen Tn Hien Nhan Youth Coordinator | Officer | 40 | $3,900 |
Kieu V Nguyen T Tam Hai Webmaster | Officer | 40 | $3,900 |
Thu Thuy T Le Tn Nguyen Thao Youth Coordinator | Officer | 40 | $3,900 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,364,247 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,364,247 |
| Total Program Service Revenue | $406,752 |
| Investment income | $1,605 |
| 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 | $1,772,604 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $46,134 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $59,920 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $32,000 |
| Compensation of current officers, directors, key employees. | $32,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,823 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,345 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $110,558 |
| Insurance | $5,225 |
| All other expenses | $49,513 |
| Total functional expenses | $403,908 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $356,874 |
| Savings and temporary cash investments | $3,349,569 |
| 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 | $358,865 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,978,054 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,043,362 |
| Accounts payable and accrued expenses | $1,039 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $45,000 |
| Other liabilities | $0 |
| Total liabilities | $46,039 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $6,997,323 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Vietnamese Buddhist Center Inc has recieved totaling $74,812.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $69,424 |
Shell Oil Company Foundation Houston, TX PURPOSE: MEF | $4,300 |
Vyuha Inc Miramar, FL PURPOSE: GENERAL SUPPORT | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $88 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Usa Falun Dafa Association Houston, TX | $3,622,112 | $4,922,503 |
Namchak Foundation Houston, TX | $11,458,517 | $3,340,423 |
Phap Bao Buddhist Temple Mission, TX | $296,799 | $340,704 |
Vien Thong Pagoda Houston, TX | $7,824,383 | $1,069,111 |
Vietnamese Sangha Congregation In America Phuoc Minh Monastery Duson, LA | $909,992 | $513,098 |
Universal Door Meditation Center Sugar Land, TX | $8,646,375 | $1,638,678 |
Watpa Buddhayan Mediation Center Inc Sugar Land, TX | $0 | $800,742 |
Vietnamese Buddhist Center Inc Sugar Land, TX | $7,043,362 | $1,772,604 |
Kalachakra Buddha Association Farmersville, TX | $4,404,690 | $783,296 |
Phuoc Duc Buddhist Cultural Center Inc Houston, TX | $30,610 | $403,197 |
Meditation Center Of Texas Arlington, TX | $1,088,937 | $336,240 |
Drepung Loseling Institute Of Texas Houston, TX | $1,880,567 | $534,796 |