Lao-American Buddhist Council Inc Nfp
- Assets
- $82.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hampshire, IL
- Founding
- 09/2017
- Data as of
- 12/2023
- EIN
- 81-4706261
Organization Overview
Lao-American Buddhist Council Inc Nfp is located in Hampshire, IL. The organization was established in 2017. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, 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. Lao-American Buddhist Council Inc Nfp 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 12/2023, Lao-American Buddhist Council Inc Nfp generated $32.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.4%) each year. All expenses for the organization totaled $22.8k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
ASSISTING AND SUPPORTING AMERICAN BUDDHIST MONKS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Somsack Souvannasene Director | 0 | $0 | |
Khamvanh Phimmavong Director | 0 | $0 | |
Bounma Khamvongsod Vice President | 0 | $0 | |
Inpeng Siphanthorn Director | 0 | $0 | |
Bouakeo Sengsouriya President | 0 | $0 | |
Thongvanh Dalavong Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,661 |
| Total Program Service Revenue | $0 |
| Membership dues | $6,900 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $32,561 |
| 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 | $1,065 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $14,609 |
| Other expenses | $7,116 |
| Total expenses | $22,790 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $82,540 |
| Other assets | $0 |
| Total assets | $82,540 |
| Total liabilities | $0 |
| Net assets or fund balances | $82,540 |