Land Of Medicine Buddha Inc
- Assets
- $3.4m
- Revenue
- $945.9k
- Investments
- $0.0
- Employees
- 30
- Location
- Soquel, CA
- Founding
- 02/1993
- Data as of
- 12/2021
- EIN
- 77-0281122
Organization Overview
Land Of Medicine Buddha Inc is located in Soquel, CA. The organization was established in 1993. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2023, Land Of Medicine Buddha Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Land Of Medicine Buddha 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 12/2021, Land Of Medicine Buddha Inc generated $945.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $843.0k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
LAND OF MEDICINE BUDDHA IS A CENTER DEVOTED TO THE TRANSMISSION OF BUDDHISM IN THE MAHAYANA TRADITION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PROVIDED BOTH SECULAR AND BUDDHIST COURSES AND RETREATS. 1,101 PEOPLE CAME TO THE CENTER DURING THE YEAR TO RECEIVE A VARIETY OF SERVICES FROM OUR ORGANIZATION.
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 |
|---|---|---|---|
Pam Cayton President | OfficerTrustee | 20 | $0 |
Christine Schneider Secretary | OfficerTrustee | 5 | $0 |
Rama Khalsa Treasurer | OfficerTrustee | 30 | $0 |
Amy Miller Member | Trustee | 20 | $12,844 |
Breige Walbridge Member | Trustee | 10 | $21,225 |
Angel Wang Member | Trustee | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $631,912 |
| Investment income | $20 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $19,105 |
| Net Gain/Loss on Asset Sales | $1,235 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $31,679 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $945,948 |
| 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. | $83,484 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $243,281 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $24,969 |
| Payroll taxes | $26,933 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $30,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,966 |
| Advertising and promotion | $548 |
| Office expenses | $69,426 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $88,165 |
| Travel | $2,686 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $56,833 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $125,475 |
| Insurance | $20,760 |
| All other expenses | $0 |
| Total functional expenses | $843,018 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $392,716 |
| Savings and temporary cash investments | $195,431 |
| 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 | $34,676 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,336,096 |
| Total assets | $3,443,148 |
| Accounts payable and accrued expenses | $0 |
| 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 | $908,980 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $268,181 |
| Total liabilities | $1,177,161 |
| 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 | $2,265,987 |