Fa Yuan Foundation: FY2023 Nonprofit Profile & Form 990 (EIN 92-2576304)

Revenue by fiscal year
FY2023	$221K
FY2024	$20K

Expenses by fiscal year
FY2023	$14K
FY2024	$22K

Net assets by fiscal year
FY2023	$247K
FY2024	$244K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2023.

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

Where the money goes

What each dollar paid for.

100%

Management & general 100% · $14K

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

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

1 person listed on the 990.

Part VII, Section A · reportable compensation

Grace Lee

CEO

$0Pt VII · Sec A

See Fa Yuan Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

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
Loans to or from officersSch L · Pt II1 listed

Programs and updates

Promotes charity, spiritual growth, and community well-being through mindfulness and peaceful practices.

Questions for Fa Yuan Foundation

Tap to ask. Fa Yuan Foundation sees how many people are interested.

Your first name shows with your question. Fa Yuan Foundation answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $2K · in their own filed words · FY2023

01

Buddhist Dharma Education and Buddhist Meditation Retreat

$2Kprogram expense

By the numbers

The FY2023 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$221K

Ln 12

Gifts and grantsLn 1h$196K

Fees for servicesLn 2g$25K

Money outPt IX

$14K

Ln 25

Managementcol C$14K

Owns and owesPt X

$247K

net assets · Ln 32

Cash and savingsLn 1–2$49K

Total assetsLn 16$501K

LiabilitiesLn 26$255K

PeoplePt VI, VII

1

listed · VII A

PaidVII A0

Voting boardVI 1a1

IndependentVI 1b0

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$196K

Fees for servicesLn 2g$25K

Total revenueLn 12$221K

Assets in detailPt X, end of year

CashLn 1$49K

Cash and savings togetherLn 1–2$49K

Land, buildings, equipmentLn 10c$453K

Total assetsLn 16$501K

LiabilitiesLn 26$255K

Net assetsLn 32$247K

OperationsPt I, VI

EmployeesI 50

VolunteersI 60

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

Line	Start FY23	End FY23
Cash and savingsLn 1–2	$0	$49K
Land, buildings, equipmentLn 10c	$0	$453K
Total assetsLn 16	$0	$501K
LiabilitiesLn 26	$0	$255K
Net assetsLn 32	$0	$247K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Accounting feesLn 11c	$2K		$2K
Depreciation, depletion and amortizationLn 22	$3K		$3K
InsuranceLn 23	$2K		$2K
Other expenses (24a–d)Ln 24	$6K		$6K
All other expensesLn 24e	$865		$865
Total functional expensesLn 25	$14K	$0	$14K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest	$20K	$22K	−$2K	$244K	990 PDF
FY2023 Viewing	$221K	$14K	$207K	$247K	990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

See the full FY2023 990 (6 parts)

Part I · Summary $221,077 revenue, 12 lines filed

I-8 Contributions and grants$196,202

I-9 Program service revenue$24,875

I-10 Investment income$0

I-11 Other revenue$0

I-12 Total revenue$221,077

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 expenses$13,756

I-18 Total expenses$13,756

I-19 Revenue less expenses$207,321

Part VI · Governance 0 of 1 board members independent, 4 to look at

VI-1a Voting members of the governing body1

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 $221,077 across 4 lines filed

VIII-1f All other contributions, gifts and grants$196,202

VIII-1h Total contributions, gifts and grants$196,202

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $24,875$24,875

VIII-12 Total revenueRelated to mission $24,875 · Unrelated business $0 · Excluded from tax $0$221,077

Part IX · Statement of functional expenses $13,756 across 5 lines filed

IX-11c Accounting feesManagement $2,000$2,000

IX-22 Depreciation, depletion and amortizationManagement $2,955$2,955

IX-23 InsuranceManagement $1,816$1,816

IX-24 Other expenses (24a–d)Management $6,120$6,120

IX-24e All other expensesManagement $865$865

IX-25 Total functional expensesPrograms $0 · Management $13,756 · Fundraising $0$13,756

Part X · Balance sheet $501,389 assets, 7 lines filed

X-1 Cash, non-interest-bearingStart of year $0$48,744

X-10c Land, buildings and equipment, netStart of year $0$452,645

X-16 Total assetsStart of year $0$501,389

X-25 Other liabilitiesStart of year $0$4,753

X-26 Total liabilitiesStart of year $0$254,753

X-32 Total net assets or fund balancesStart of year $0$246,636

X-33 Total liabilities and net assetsStart of year $0$501,389

Part XI · Reconciliation of net assets $246,636 net assets at year end

XI-1 Total revenue$221,077

XI-2 Total expenses$13,756

XI-3 Revenue less expenses$207,321

XI-9 Other changes in net assets$39,315

XI-10 Net assets at end of year$246,636

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Fa Yuan Foundation FY2023 filing

Before you give