philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Tsem Rinpoche Foundation INC

Tax-deductible

Santa Monica, CA501(c)(3)Religion EIN 46-4855702Revenue $6K in FY2024

On file with the IRStsemrinpoche.com1723 Cloverfield Blvd, 90404-4007 · Santa Monica, CATax-exempt since Sep 2014Church

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

To promote the understanding and practice of the buddhist religion in the local area

501(c)(3) charity; gifts are tax-deductible.
25¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · 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
4 of 5
filings with a surplus
Average surplus $2K a year · 32% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
25%
of spending
Concern: 25% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
1403 mo
of spending, in cash
Looks good: 1402.7 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
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6K
-11% vs prior year
Spent
$3K
To programs
25%
Net assets
$343K
By yearFY2020–FY2024
Revenue
$6K
FY2024▼ -11%
Tap a bar for its year
Revenue by fiscal year
FY2020$9K
FY2021$6K
FY2022$5K
FY2023$7K
FY2024$6K
Expenses
$3K
FY2024▼ -8%
Tap a bar for its year
Expenses by fiscal year
FY2020$5K
FY2021$7K
FY2022$4K
FY2023$3K
FY2024$3K
Net assets
$343K
FY2024▲ +0.9%
Tap a bar for its year
Net assets by fiscal year
FY2020$337K
FY2021$336K
FY2022$337K
FY2023$340K
FY2024$343K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2014.

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

Where the money goes

25 cents of each dollar spent went to programs.

Program services 25% · $733 Management & general 75% · $2K

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

Something off? Claim to add context

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
Chuah Su Ming
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Tsem Rinpoche Foundation INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Promotes understanding and practice of Buddhism locally.

Questions for Tsem Rinpoche Foundation INC

Tap to ask. Tsem Rinpoche Foundation INC sees how many people are interested.

Your first name shows with your question. Tsem Rinpoche Foundation INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $733 · in their own filed words · FY2024
01

The organization had been conducting the buddhist religious practice in the form of discussion sessions, education programs, offering cremonies and retreats at its santa clarita, california headquarters, together with ministry to relieve the suffering of the poor.

$733program expense

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$6K
Ln 12
Gifts and grantsLn 1h$6K
Investment incomeLn 3$147
Money outPt IX
$3K
Ln 25
Programscol B$733
Managementcol C$2K
Owns and owesPt X
$343K
net assets · Ln 32
Cash and savingsLn 1–2$343K
Total assetsLn 16$343K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6K
Investment incomeLn 3$147
Total revenueLn 12$6K
Assets in detailPt X, end of year
CashLn 1$16K
SavingsLn 2$327K
Cash and savings togetherLn 1–2$343K
Total assetsLn 16$343K
LiabilitiesLn 26$0
Net assetsLn 32$343K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$340K$343K
Total assetsLn 16$340K$343K
LiabilitiesLn 26$0$0
Net assetsLn 32$340K$343K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$180$180
Accounting feesLn 11c$2K$2K
Other expenses (24a–d)Ln 24$958$733$225
Total functional expensesLn 25$3K$733$2K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $6K$3K$3K$343K 990 PDF
FY2023 $7K$3K$4K$340K 990 PDF
FY2022 $5K$4K$707$337K 990 PDF
FY2021 $6K$7K−$1K$336K 990 PDF
FY2020 $9K$5K$4K$337K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $6,000 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $6,147$5,853
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $618$147
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $6,765$6,000
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $3,197$2,938
I-18 Total expensesPrior year $3,197$2,938
I-19 Revenue less expensesPrior year $3,568$3,062
Part VI · Governance 5 of 5 board members independent, 1 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $6,000 across 4 lines filed
VIII-1f All other contributions, gifts and grants$5,853
VIII-1h Total contributions, gifts and grants$5,853
VIII-3 Investment incomeRelated to mission $147$147
VIII-12 Total revenueRelated to mission $147 · Unrelated business $0 · Excluded from tax $0$6,000
Part IX · Statement of functional expenses $2,938 across 3 lines filed
IX-11b Legal feesManagement $180$180
IX-11c Accounting feesManagement $1,800$1,800
IX-24 Other expenses (24a–d)Programs $733 · Management $225$958
IX-25 Total functional expensesPrograms $733 · Management $2,205 · Fundraising $0$2,938
Part X · Balance sheet $343,439 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $11,706$16,392
X-2 Savings and temporary cash investmentsStart of year $328,671$327,047
X-16 Total assetsStart of year $340,377$343,439
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $340,377$343,439
X-32 Total net assets or fund balancesStart of year $340,377$343,439
X-33 Total liabilities and net assetsStart of year $340,377$343,439
Part XI · Reconciliation of net assets $343,439 net assets at year end
XI-1 Total revenue$6,000
XI-2 Total expenses$2,938
XI-3 Revenue less expenses$3,062
XI-4 Net assets at start of year$340,377
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$343,439

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.