Bhutan Friendship Foundation is located in Los Angeles, CA. The organization was established in 1989. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bhutan Friendship Foundation 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 02/2023, Bhutan Friendship Foundation generated $5.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (36.3%) each year. All expenses for the organization totaled $9.1k during the year ending 02/2023. As we would expect to see with falling revenues, expenses have declined by (40.4%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael D Mcclelland President & Director | 1 | $0 | |
Nancy P Mcclelland Secretary & Director | 0.1 | $0 | |
Kamin Macomber CFO & Director | 0.1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,275 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,275 |
| 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 | $1,075 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25 |
| Total expenses | $9,075 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,243 |
| Other assets | $0 |
| Total assets | $12,243 |
| Total liabilities | $0 |
| Net assets or fund balances | $12,243 |