Won Buddhism Valley Temple is located in North Hills, CA. The organization was established in 1991. 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. Won Buddhism Valley Temple 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 12/2018, Won Buddhism Valley Temple generated $26.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $40.5k during the year ending 12/2018. 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
2018
Describe the Organization's Program Activity:
Part 3
HELD WORSHIP SERVICES ON SUNDAYS AND HELD OCASSIONAL PRAYER MEETINGS ON WEEKDAYS.INVITED GUEST SPEAKERS FROM OTHER BRANCHES OF WON-BUDDISM AND HELD SEMINARS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Grace Yang C.e.o. | 0 | $0 | |
Yoon Jung Kim Secretary | 0 | $0 | |
Chong Sun Han C.f.o. | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,893 |
| 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 | $26,893 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $836 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $997 |
| Occupancy, rent, utilities, and maintenance | $11,164 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,459 |
| Total expenses | $40,456 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,942 |
| Other assets | $0 |
| Total assets | $168,571 |
| Total liabilities | $0 |
| Net assets or fund balances | $168,571 |