Tibetan Association Of Colorado Inc
- Assets
- $501.8k
- Revenue
- $29.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Boulder, CO
- Founding
- 06/1998
- Data as of
- 12/2017
- EIN
- 84-1444461
Organization Overview
Tibetan Association Of Colorado Inc is located in Boulder, CO. The organization was established in 1998. According to its NTEE Classification (Q21) the organization is classified as: International Cultural Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tibetan Association Of Colorado 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 12/2017, Tibetan Association Of Colorado Inc generated $29.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (69.4%) each year. All expenses for the organization totaled $26.3k during the year ending 12/2017. 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
SIGNIFICANT ACTIVITIESOPERATION OF A TIBETAN CULTURAL SCHOOL PROVIDING TIBETAN CULTURAL EDUCATION. ASSISTANCE IN THE HOUSING AND PLACEMENT OF TIBETANS NEW TO COLORADO.DEVELOPMENT OF A TIBETAN SOCCER PROGRAM TO ALLOW TIBETANS TO MORE EASILY SOCIALIZE AMONGST THEMSELVES AND THE COMMUNITY AT LARGE. BEGIN THE PLANNING AND FUND RAISING RELATED TO THE DEVELOPMENT OF A TIBETAN CENTER OF ETHICS PROVIDING A NEW EDUCATIONAL AND CULTURAL CENTER FOR TIBETANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2017 TAC CONTINUED IT'S MISSION TO PRESERVE AND PROMOTE TIBETAN CULTURE IN COLORADO.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thupten Dawa Chondon Vice President | Trustee | 5 | $0 |
Pemba Dolma-Warren Board Member | Trustee | 5 | $0 |
Tsering Kalden Yuthok Board Member | Trustee | 5 | $0 |
Tenzin Kungyaltakza Board Member | Trustee | 5 | $0 |
Phurbu Lhadon Board Member | Trustee | 5 | $0 |
Tenzin Tseten Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $29,194 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,194 |
| Total Program Service Revenue | $0 |
| Investment income | $60 |
| 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 | $29,254 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,200 |
| 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 | $2,184 |
| 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 | $0 |
| Insurance | $742 |
| All other expenses | $1,711 |
| Total functional expenses | $26,296 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $501,803 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $501,803 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| 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 | $501,803 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $501,803 |
Grants Awarded
Over the last fiscal year, Tibetan Association Of Colorado Inc has awarded $43,032 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BOULDER BRIDGE HOUSE PURPOSE: Homeless Persons Assistance | $21,516 |
PROGRESSIVE ALLIANCE NON VIOL PURPOSE: Assistance Domestic Violence | $21,516 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Tibetan Association Of Colorado Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Gardner Grout Foundation Reno, NV PURPOSE: GENERAL SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Global Intercultural Resources Inc Roswell, NM | $49,853 | $900,500 |
Borderlinks Tucson, AZ | $604,759 | $422,200 |
The Albuquerque Council For International Visitors Albuquerque, NM | $134,909 | $295,514 |
Every Life Inc Broomfield, CO | $80,694 | $220,465 |
Kin International Highlands Ranch, CO | $19,755 | $0 |
Musical Missions Of Peace Broomfield, CO | $22,163 | $0 |
Tibetan Association Of Colorado Inc Boulder, CO | $501,803 | $29,254 |
Canadians In Arizona Benefiting Education & Exchanges Phoenix, AZ | $17,930 | $0 |
The Malaika Foundation Central City, NE | $163,384 | $0 |
Gilbert Sister Cities Inc Gilbert, AZ | $4,055 | $0 |
Pan Pacific And Southeast Asia Womens Association Boulder, CO | $68,526 | $2,979 |
Arizona Israel Chamber Of Commerce Prescott Valley, AZ | $431 | $0 |