Buddhist Temple and cultural center - carries out its mission of educating and exchange of Buddhist principles and practices to public.

501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $2K a year · 10% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
75%
of spending
Looks good: 75% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
10 mo
of spending, in cash
Looks good: 9.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$42K
Spent
$20K
To programs
75%
Net assets
$181K
By yearFY2020–FY2024
Revenue
$42K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$42K
FY2021$19K
FY2022$20K
FY2023$23K
FY2024$22K
Expenses
$20K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$20K
FY2021$26K
FY2022$25K
FY2023$27K
FY2024$17K
Net assets
$181K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$181K
FY2021$169K
FY2022$163K
FY2023$166K
FY2024$166K

From the FY2020 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2015.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $15K Management & general 25% · $5K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
Board Member - Director
$0Pt VII · Sec A
Board Member - Director
$0Pt VII · Sec A
Board Member - Director
$0Pt VII · Sec A
Board Member - Director
$0Pt VII · Sec A
Board Member - Director
$0Pt VII · Sec A
Board Member - Director
$0Pt VII · Sec A
Board Member - Director
$0Pt VII · Sec A
See Van Thu Buddhist Temple executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Educates the public on Buddhist principles and practices through cultural exchange.

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Provided by the organization

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1 program · $15K · in their own filed words · FY2020
01

1. 52 weekly prayers for buddhist members and public at the TEMPLE2. 4 big public celerations of buddha birthday (before memorial day), parents apprication day (before labor day), vietnamese new year (mid-february, and mid-autumn children festival (between mid-august to mid-september.) most of events are based on lunar CALENDER.3.

$15Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$42K
Ln 12
Gifts and grantsLn 1h$30K
Other incomeLn 4–11$12K
Money outPt IX
$20K
Ln 25
Programscol B$15K
Managementcol C$5K
Owns and owesPt X
$181K
net assets · Ln 32
Cash and savingsLn 1–2$16K
Total assetsLn 16$181K
LiabilitiesLn 26$0
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$30K
Other incomeLn 4–11$12K
Total revenueLn 12$42K
Assets in detailPt X, end of year
CashLn 1$16K
Cash and savings togetherLn 1–2$16K
Land, buildings, equipmentLn 10c$166K
Total assetsLn 16$181K
LiabilitiesLn 26$0
Net assetsLn 32$181K
OperationsPt I, VI
EmployeesI 50
VolunteersI 67
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$5K$16K
Land, buildings, equipmentLn 10c$171K$166K
Total assetsLn 16$176K$181K
LiabilitiesLn 26$0$0
Net assetsLn 32$176K$181K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Depreciation, depletion and amortizationLn 22$5K$5K
InsuranceLn 23$6K$6K
Other expenses (24a–d)Ln 24$9K$9K
Total functional expensesLn 25$20K$15K$5K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $22K$17K$4K$166K 990 PDF
FY2023 $23K$27K−$4K$166K 990 PDF
FY2022 $20K$25K−$4K$163K 990 PDF
FY2021 $19K$26K−$7K$169K 990 PDF
FY2020 Viewing $42K$20K$23K$181K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $42,235 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $30,006$30,006
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$12,229
I-12 Total revenuePrior year $30,006$42,235
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $16,075$19,546
I-18 Total expensesPrior year $16,075$19,546
I-19 Revenue less expensesPrior year $13,931$22,689
Part VI · Governance 7 of 7 board members independent, 4 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $42,235 across 4 lines filed
VIII-1b Membership dues$30,006
VIII-1h Total contributions, gifts and grants$30,006
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $12,229$12,229
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $12,229$42,235
Part IX · Statement of functional expenses $19,546 across 3 lines filed
IX-22 Depreciation, depletion and amortizationManagement $4,872$4,872
IX-23 InsurancePrograms $6,155$6,155
IX-24 Other expenses (24a–d)Programs $8,519$8,519
IX-25 Total functional expensesPrograms $14,674 · Management $4,872 · Fundraising $0$19,546
Part X · Balance sheet $181,488 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $5,075$15,644
X-10c Land, buildings and equipment, netStart of year $170,716$165,844
X-16 Total assetsStart of year $175,791$181,488
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $175,791$181,488
X-33 Total liabilities and net assetsStart of year $175,791$181,488
Part XI · Reconciliation of net assets $181,488 net assets at year end
XI-1 Total revenue$42,235
XI-2 Total expenses$19,546
XI-3 Revenue less expenses$22,689
XI-4 Net assets at start of year$175,791
XI-8 Prior period adjustments−$16,992
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$181,488

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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