Nechung Buddhist Center
- Assets
- $488.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Fairfax, CA
- Founding
- 01/2003
- Data as of
- 12/2023
- EIN
- 94-3377833
Organization Overview
Nechung Buddhist Center is located in Fairfax, CA. 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. Nechung 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 12/2023, Nechung Buddhist Center generated $92.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $79.7k during the year ending 12/2023. While expenses have increased by 2.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
A GROUP OF MONKS FROM THE NECHUNG LINEAGE IN INDIA TRAVELED TO THE NECHUNG CENTER IN RICHMOND, CALIFORNIA, GAVE FREE TEACHINGS AND PERFORMED BUDDHIST CEREMONIES AND BLESSINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thupten Ngodup President | 2 | $0 | |
Ngawang Khenrab Secretary | 1 | $0 | |
Ngawang Rigzin Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,659 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4,078 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $92,737 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,451 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $41,535 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,735 |
| Total expenses | $79,721 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $483,812 |
| Other assets | $0 |
| Total assets | $488,312 |
| Total liabilities | $84 |
| Net assets or fund balances | $488,228 |