The monastery's mission is to provide buddhism worship services to the vietnamese and others in the community, as well as preserving the vietnamese cultural heritage.

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2023 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 4
filings with a surplus
Average surplus $44K a year · 53% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
16 mo
of spending, in cash
Looks good: 15.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$703K
83% of total assets
Concern: liabilities are 83% of assets; over 80%.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$92K
+18% vs prior year
Spent
$44K
To programs
0%
Net assets
$148K
By yearFY2021–FY2025
Revenue
$92K
FY2023▲ +18%
Tap a bar for its year
Revenue by fiscal year
FY2021$116K
FY2022$78K
FY2023$92K
FY2024$93K
FY2025$68K
Expenses
$44K
FY2023▼ -7%
Tap a bar for its year
Expenses by fiscal year
FY2021Not on file
FY2022$47K
FY2023$44K
FY2024$40K
FY2025$25K
Net assets
$148K
FY2023▲ +13%
Tap a bar for its year
Net assets by fiscal year
FY2021$159K
FY2022$131K
FY2023$148K
FY2024$202K
FY2025$244K

From the FY2023 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2020.

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

Where the money goes

What each dollar paid for.

Management & general 100% · $44K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See Tay Phuong Buddhist Monastery 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers Buddhist worship and preserves Vietnamese cultural heritage for the community.

Questions for Tay Phuong Buddhist Monastery

Tap to ask. Tay Phuong Buddhist Monastery sees how many people are interested.

Your first name shows with your question. Tay Phuong Buddhist Monastery answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · in their own filed words · FY2023
01

Buddish temples lunar new year celectation

Pt IX · col B

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$92K
Ln 12
Gifts and grantsLn 1h$92K
Money outPt IX
$44K
Ln 25
Managementcol C$44K
Owns and owesPt X
$148K
net assets · Ln 32
Cash and savingsLn 1–2$57K
Total assetsLn 16$851K
LiabilitiesLn 26$703K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$92K
Total revenueLn 12$92K
Assets in detailPt X, end of year
CashLn 1$57K
Cash and savings togetherLn 1–2$57K
Land, buildings, equipmentLn 10c$755K
Total assetsLn 16$851K
LiabilitiesLn 26$703K
Net assetsLn 32$148K
OperationsPt I, VI
EmployeesI 50
VolunteersI 610
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 FY23End FY23
Cash and savingsLn 1–2$40K$57K
Land, buildings, equipmentLn 10c$755K$755K
Total assetsLn 16$835K$851K
LiabilitiesLn 26$704K$703K
Net assetsLn 32$131K$148K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other expenses (24a–d)Ln 24$3K$3K
All other expensesLn 24e$41K$41K
Total functional expensesLn 25$44K$0$44K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $68K$25K$43K$244K 990 PDF
FY2024 $93K$40K$53K$202K 990 PDF
FY2023 Viewing $92K$44K$48K$148K 990 PDF
FY2022 $78K$47K$30K$131K 990 PDF
FY2021 $116K$159K 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 FY2023 990 (6 parts)
Part I · Summary $91,784 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $77,636$91,784
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $77,636$91,784
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 $47,269$43,814
I-18 Total expensesPrior year $47,269$43,814
I-19 Revenue less expensesPrior year $30,367$47,970
Part VI · Governance 0 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members0
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 $91,784 across 4 lines filed
VIII-1f All other contributions, gifts and grants$91,784
VIII-1h Total contributions, gifts and grants$91,784
VIII-8 Net income from fundraising events$0
VIII-12 Total revenue$91,784
Part IX · Statement of functional expenses $43,814 across 2 lines filed
IX-24 Other expenses (24a–d)Management $3,221$3,221
IX-24e All other expensesManagement $40,593$40,593
IX-25 Total functional expensesPrograms $0 · Management $43,814 · Fundraising $0$43,814
Part X · Balance sheet $851,353 assets, 6 lines filed
Asset lines not itemized here account for $40,000; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $40,450$56,587
X-10c Land, buildings and equipment, netStart of year $754,766$754,766
X-16 Total assetsStart of year $835,216$851,353
X-26 Total liabilitiesStart of year $704,327$703,000
X-32 Total net assets or fund balancesStart of year $130,889$148,353
X-33 Total liabilities and net assetsStart of year $835,216$851,353
Part XI · Reconciliation of net assets $148,353 net assets at year end
XI-1 Total revenue$91,784
XI-2 Total expenses$43,814
XI-3 Revenue less expenses$47,970
XI-4 Net assets at start of year$130,889
XI-10 Net assets at end of year$148,353

Form 990 e-file (XML) FY2023 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.