Maitripa College EIN 20-2884155

Maitripa College

EIN  20-2884155 Higher education institution Portland, OR
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Offers graduate degrees in Buddhist Studies and public events promoting wisdom and compassion.
Leadership
Kesang Tuladhar · President · $105K
Money in and out
$828K revenue, $1.6M expenses
Bottom line
-93% operating surplus

Offers graduate degrees in Buddhist Studies and public events promoting wisdom and compassion. For fiscal year 2025 it reported $828K in revenue, $1.6M in expenses, and $9.1M in net assets.Pt I

Financial scale & money flow · FY2025
Total revenue
$828K
Pt VIII · Ln 12
Total expenses
$1.6M
Pt IX · Ln 25
Net assets
$9.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$768K
Where spending went · Part IX cols B–D
Program services $0.52 Management & general $0.45 Fundraising $0.02
Operating surplus
-93%
revenue over expenses, this legal entity▼ -41% vs prior filing year
Payroll share
57%
of this entity's spending is salaries & benefits▼ -13% vs prior filing year
Program spending
52%
of expenses reach program services▼ -32% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$828K
FY2025▲ +20%
Expenses
$1.6M
FY2025▲ +40%
Total assets
$9.4M
FY2025▼ -1%
Total liabilities
$239K
FY2025▲ +232%
Total revenue
$828K
Pt VIII · Ln 12
Total expenses
$1.6M
Pt IX · Ln 25
Net assets
$9.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$768K
Total assetsPt X · Ln 16$9.4M
Program-expense ratioPt IX · col B52%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

2 program services account for $835K of program spending, described in the organization's own filed words · FY2024.
01

Maitripa college provides studies towards a masters of buddhist studies and a masters of divinity degree. It also offers public programs for buddhist studies and meditation. Scholarships are awarded annually.

$543Kprogram expense
02

Maitripa college offers a variety of community programs in addition to its academic programs.

$293Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMaitripa College
EINHdr · item D20-2884155
Principal addressHdr · item CPortland, OR
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFColleges & Universities (B50)
Ruling yearIRS BMFMay 2007

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$105,201Pt VII · Sec A
Dean of Education
$93,037Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Kesang Tuladhar’s $105K as President is at the 86th percentile of top reported officer pay among 1615 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2021
Kesang Tuladhar$105,201
Namdrol M Adams Edd$93,037
Yangsi Rinpoche$84,314$83,004
Miranda Adams$78,852$78,852$53,364
Maria a Garcia$21,664$37,912

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$410K · 50%
Investment income$243K · 29%
Program service revenue$172K · 21%
Contributions & grants50%$410K
Investment income29%$243K
Program service revenue21%$172K
Other revenue$3K
Total revenueLn 12$828K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.52 Management & general $0.45 Fundraising $0.02
Program services52%$835K
Management & general45%$724K
Fundraising2%$36K
Total functional expensesLn 25$1.6M

Balance Sheet

Part X · end of year
CashLn 1$211K
Total assetsLn 16$9.4M
Total liabilitiesLn 26$239K
Total net assetsLn 32$9.1M
Months of cash on handcomputed1.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $7.1M · Operating expenses/yr $1.6M
53.3 months
Where the money goes
Program services
Program services $835K · Total expenses $1.6M
52%
Management & General
Management & general $724K · Total expenses $1.6M
45%
Fundraising
Fundraising $36K · Total expenses $1.6M
2%
Cost to raise $1
Fundraising expense (3-yr avg) $31K · Solicited contributions (3-yr avg) $371K
$0.08 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $410K · Total revenue $828K
50%
Government reliance
Government grants — · Total revenue $828K
Earned-income share
Program service revenue $172K · Total revenue $828K
21%
Investment reliance
Investment income $243K · Total revenue $828K
+29%
Program self-sufficiency
Program service revenue $172K · Total expenses $1.6M
11%
Growth & trend
Revenue growth (YoY)
This year $828K · Prior year $689K
+20%
Revenue CAGR
FY2019 $3.3M · FY2024 $828K
-24%
Net-asset trend (YoY)
End of year $9.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $828K · Expenses $1.6M
-93%
Liabilities-to-Assets
Total liabilities — · Total assets $9.4M
Net-asset ratio
Net assets $9.1M · Total assets $9.4M
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $6.9M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $9.4M
73%
People & payroll
Highest Reported Total Compensation
Individual Kesang Tuladhar · Reported title PRESIDENT · Highest reported compensation $105K · Total expenses $1.6M
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $917K · Total expenses $1.6M
57%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 52%
Overhead ratio 45%
Fundraising cost ratio 9%
Revenue growth 20%
Investment management fee ratio 1%
Legal fee ratio 2%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 2 funders$8K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$828K revenue · viewing · ⤓ 990 PDF
FY2024$689K revenue · ⤓ 990 PDF
FY2023$422K revenue · ⤓ 990 PDF
FY2022not on file
FY2021$589K revenue · ⤓ 990 PDF
FY2020$3.3M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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