Konchok Foundation
- Assets
- $60.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Boulder, CO
- Founding
- 10/2003
- Data as of
- 12/2022
- EIN
- 80-0056576
Organization Overview
Konchok Foundation is located in Boulder, CO. The organization was established in 2003. 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. Konchok Foundation 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 12/2022, Konchok Foundation generated $33.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (18.3%) each year. All expenses for the organization totaled $101.3k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT EDUCATIONAL AND OTHER CHARITABLE ACTIVITIES IN LOW INCOME AREAS OF THE EASTERN TIBETAN PROVINCE OF CHINA, ESPECIALLY IN THE SURMANG VALLEY.
Describe the Organization's Program Activity:
Part 3
SUPPORT FOR THE REBUILDING OF THE MAIN BUILDING AT A NUNNERY IN THE SURMANG VALLEY, AND SUPPORT FOR THE NUNS WHO RESIDE THERE.
EDUCATIONAL PROGRAM FOR ABOUT 250 ETHNIC TIBETAN CHILDREN, AGES 5-15, IN LOW INCOME AREA IN SURMANG VALLEY, QINGHAI PROVINCE, CHINA. SCHOOLING MEALS PROVIDED FOR 2 MONTHS, 7 DAYS/WEEK.
CONSTRUCTION AND FURNISHINGS FOR THE SURMANG SHEDRA (SCHOOL) BUILDING COMPLEX, 25,000 SQUARE FEET IN SIZE, WHICH IS NOW LARGELY COMPLETED. THE SCHOOL IS LOCALLY OWNED AND ADMINISTERED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mipham J Mukpo President | 1 | $0 | |
Diana Mukpo Vice President | 1 | $0 | |
Richard Reoch Vice President | 1 | $0 | |
Holly Gayley Secretary | 5 | $0 | |
Lyndon Comstock Treasurer | 10 | $0 | |
Mitchell Levy Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,691 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $17 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $33,708 |
| 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 | $437 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $842 |
| Total expenses | $101,279 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,684 |
| Other assets | $0 |
| Total assets | $60,684 |
| Total liabilities | $0 |
| Net assets or fund balances | $60,684 |