Maitripa College EIN 20-2884155 Form 990 (PDF) Claim this org

Maitripa College FY2023 filing

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Offers graduate degrees in Buddhist Studies and public events promoting wisdom and compassion. For fiscal year 2023 it reported $422K in revenue, $997K in expenses, and $9.2M in net assets.Pt I

Type
Higher education institution · Colleges & Universities
Location
Portland, OR
Filings
5 on file (2020–2023)
Revenue
$422KFY2023
Expenses
$997K
Net assets
$9.2M
People
9
Filings
5
Updates
0
More identity details & actions ⌄
EIN  20-2884155 Higher education institution Portland, OR
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Offers graduate degrees in Buddhist Studies and public events promoting wisdom and compassion.
Leadership
Yangsi Rinpoche · President · $83K
Money in and out
$422K revenue, $997K expenses
Bottom line
-136% operating surplus
Financial scale & money flow · FY2023
Total revenue
$422K
Pt VIII · Ln 12
Total expenses
$997K
Pt IX · Ln 25
Net assets
$9.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$575K
Where spending went · Part IX cols B–D
Program services $0.79 Management & general $0.18 Fundraising $0.03
Operating surplus
-136%
revenue over expenses, this legal entity
Payroll share
70%
of this entity's spending is salaries & benefits
Program spending
79%
of expenses reach program services

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$422K
FY2023▼ -28%
Expenses
$997K
FY2023▲ +69%
Total assets
$9.3M
FY2023▼ -14%
Total liabilities
$66K
FY2023
Total revenue
$422K
Pt VIII · Ln 12
Total expenses
$997K
Pt IX · Ln 25
Net assets
$9.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$575K
Total assetsPt X · Ln 16$9.3M
Program-expense ratioPt IX · col B79%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

3 program services account for $792K of program spending, described in the organization's own filed words · FY2022.
01

Maitripa College provides studies toward a Masters of Buddhist Studies program and offers public programs for Buddhist Studies and Mediation. 54 scholarships were awarded to 36 students.

$753Kprogram expense
02

Provide classes in meditation and a mediation hall.

$24Kprogram expense
03

Various activities to inform the public about Buddhist beliefs and purpose.

$16Kprogram 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 1a9
Independent voting membersPt VI · Ln 1b9
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 (FY2022); the FY2023 filing did not itemize Part VII
$83,004Pt VII · Sec A
Dean of Ed
$78,852Pt VII · Sec A
$37,912Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

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$317K · 75%
Program service revenue$146K · 35%
Contributions & grants75%$317K
Program service revenue35%$146K
Total revenueLn 12$422K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.79 Management & general $0.18 Fundraising $0.03
Program services79%$792K
Management & general18%$178K
Fundraising3%$27K
Total functional expensesLn 25$997K

Balance Sheet

Part X · end of year
CashLn 1$132K
Total assetsLn 16$9.3M
Total liabilitiesLn 26$66K
Total net assetsLn 32$9.2M
Months of cash on handcomputed1.6

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $7.0M · Operating expenses/yr $997K
84.7 months
Where the money goes
Program services
Program services $792K · Total expenses $997K
79%
Management & General
Management & general $178K · Total expenses $997K
18%
Fundraising
Fundraising $27K · Total expenses $997K
3%
Cost to raise $1
Fundraising expense (2-yr avg) $19K · Solicited contributions (2-yr avg) $233K
$0.08 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $317K · Total revenue $422K
75%
Government reliance
Government grants — · Total revenue $422K
Earned-income share
Program service revenue $146K · Total revenue $422K
35%
Investment reliance
Investment income $-41K · Total revenue $422K
-10%
Program self-sufficiency
Program service revenue $146K · Total expenses $997K
15%
Growth & trend
Revenue growth (YoY)
This year $422K · Prior year $589K
-28%
Net-asset trend (YoY)
End of year $9.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $422K · Expenses $997K
-136%
Liabilities-to-Assets
Total liabilities — · Total assets $9.3M
Net-asset ratio
Net assets $9.2M · Total assets $9.3M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $6.9M · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $9.3M
74%
People & payroll
Highest Reported Total Compensation
Individual Yangsi Rinpoche · Reported title President · Highest reported compensation $83K · Total expenses $997K
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $702K · Total expenses $997K
70%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 79%
Overhead ratio 18%
Fundraising cost ratio 9%
Revenue growth -28%
Investment management fee ratio 0.8%
Legal fee ratio 0.8%
Accounting fee ratio 0%
Fundraising fee ratio 0%

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 · ⤓ 990 PDF
FY2024$689K revenue · ⤓ 990 PDF
FY2023$422K revenue · viewing · ⤓ 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) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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