Lone Star Buddhist Meditation Center Mahamevnawa Buddhist Center
- Assets
- $275.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tomball, TX
- Founding
- 09/2016
- Data as of
- 12/2018
- EIN
- 81-1807050
Organization Overview
Lone Star Buddhist Meditation Center Mahamevnawa Buddhist Center is located in Tomball, TX. The organization was established in 2016. 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. Lone Star Buddhist Meditation Center Mahamevnawa Buddhist Center 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 12/2018, Lone Star Buddhist Meditation Center Mahamevnawa Buddhist Center generated $173.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 22.2% each year . All expenses for the organization totaled $70.4k during the year ending 12/2018. 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
2018
Describe the Organization's Program Activity:
Part 3
OUR ACCOMPLISHMENTS FOR 2018 INCLUDE:- MEDITATION PROGRAMS TWICE A MONTH, WHICH HELPS YOU MANAGE AND BALANCE YOUR LIVES, AND TO FIND YOUR INNER PEACE THROUGH DEVELOPING MINDFULNESS. OUR RESIDENT MONKS GUIDE THE PUBLIC BASED ON THE AUTHENTIC TEACHINGS OF HISTORICAL BUDDHISM. THE INSTRUCTIONS GIVEN INCLUDE MEDITATION FOR BEGINNERS AS WELL AS MEDITATION FOR ADVANCED PRACTITIONERS.- PROVIDE BLOOD DRIVES EVERY SIX MONTHS TO THE COMMUNITY.- PROVIDE FOOD DRIVES FOR THE NEEDY EVERY THREE MONTHS.- YOUTH PROGRAMS FOR YOUNG CHILDREN ONCE A MONTH, WHICH TEACHES HOW TO DEVELOP COMPASSION, HONESTY, GENEROSITY, RESPECT FOR THE FELLOW HUMAN AND HOW TO DEVELOP MINDFULNESS THROUGH MEDITATION.- CHILDRENS PROGRAM ONCE A MONTH, WHICH TEACHES HOW TO DEVELOP COMPASSION, HONESTY, GENEROSITY AND RESPECT FOR THE FELLOW HUMAN. ALSO, TEACHES LIGHT MEDITATION TO DEVELOP MINDFULNESS.- WEEKLY DHAMMA PROGRAMS FOR THE COMMUNITY. PROVIDE EXTENSIVE TEACHINGS OF THE BUDDHA.- MONTHLY SIL PROGRAM FOR THE BUDDHIST COMMUNITY, PROVIDING DHAMMA CHANTING, DHAMMA STORIES, BUDDHIST TEACHINGS, AND MEDITATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Akbo Perera Vice Pres, Dir. | 5 | $0 | |
Dharsha P Wijewantha Secretary, Dir. | 5 | $0 | |
Kanchana Madurawala Treasurer | 5 | $0 | |
Ruwan Dombepola Asst. Sec, Dir. | 5 | $0 | |
Indika Yohan Asst Treas, Dir | 5 | $0 | |
Nalin Weerasinghe President, Dir. | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $173,630 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $218 |
| Total Revenue | $173,848 |
| 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 | $3,209 |
| Occupancy, rent, utilities, and maintenance | $37,219 |
| Printing, publications, postage, and shipping | $368 |
| Other expenses | $29,560 |
| Total expenses | $70,356 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,754 |
| Other assets | $0 |
| Total assets | $274,974 |
| Total liabilities | $60,000 |
| Net assets or fund balances | $214,974 |
Peer Organizations
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|---|---|---|
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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 |
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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 |