Happy Ashram is located in Hayward, CA. The organization was established in 2019. 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. Happy Ashram 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, Happy Ashram generated $62.5k 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 (11.5%) each year. All expenses for the organization totaled $57.3k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
ADVOCATE BUDDHISM AND CULTIVATE GROUND OF MERITS WITH THE PUBLIC
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wai Bing Ho CEO | 40 | $0 | |
Foon Ching Sik Secretary | 0 | $0 | |
Pei Fean Ong CFO | 40 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,479 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $26 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $62,505 |
| 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 | $3,210 |
| Occupancy, rent, utilities, and maintenance | $24,000 |
| Printing, publications, postage, and shipping | $218 |
| Other expenses | $29,891 |
| Total expenses | $57,319 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,994 |
| Other assets | $0 |
| Total assets | $46,694 |
| Total liabilities | $0 |
| Net assets or fund balances | $46,694 |