Universal Door Meditation Center
- Assets
- $8.6m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Sugar Land, TX
- Founding
- 10/2002
- Data as of
- 12/2021
- EIN
- 03-0377757
Organization Overview
Universal Door Meditation Center, operating under the name Thien Vien Pho Mon, is located in Sugar Land, TX. The organization was established in 2002. According to its NTEE Classification (X50) the organization is classified as: Buddhism, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thien Vien Pho Mon is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Thien Vien Pho Mon generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 25.7% each year . All expenses for the organization totaled $433.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE GUIDANCE AND TO TEACH MEMBERS HOW TO FIND HAPPINESS BY PRACTICING BUDDHA BELIEF AND BY MEDITATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KDGN MEMBERS STUDENTS WISH TO LISLENT TO THAYS TEACHING OF GIAC NGO - AWAKENING.
SALMON PROJECT.
KDGN MEMBERS STUDENTS WISH TO LISLENT TO THAYS TEACHING OF GIAC NGO - AWAKENING.
SALMON PROJECT.
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PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $750,883 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $750,883 |
| Total Program Service Revenue | $511,700 |
| Investment income | $13,303 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $362,792 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,638,678 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,000 |
| Grants and other assistance to domestic individuals. | $3,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $3,000 |
| Benefits paid to or for members | $3,907 |
| Compensation of current officers, directors, key employees. | $19,350 |
| Compensation of current officers, directors, key employees. | $19,350 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $52,719 |
| Fees for services: Legal | $415 |
| Fees for services: Accounting | $1,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,612 |
| Travel | $16,958 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,341 |
| Total functional expenses | $433,210 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,307,375 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,250,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,089,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,646,375 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $405,000 |
| Other liabilities | $0 |
| Total liabilities | $405,000 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $8,241,375 |
| Total liabilities and net assets/fund balances | $8,646,375 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Universal Door Meditation Center has recieved totaling $168,995.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $110,149 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $56,032 |
Fred And Mabel R Parks Foundation Sugar Land, TX PURPOSE: PROGRAM SUPPORT | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $214 |
Lilly Endowment Inc Indianapolis, IN PURPOSE: EMPLOYEE MATCHING GIFT(S) | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Usa Falun Dafa Association Houston, TX | $3,622,112 | $4,922,503 |
Namchak Foundation Houston, TX | $11,458,517 | $3,340,423 |
Phap Bao Buddhist Temple Mission, TX | $296,799 | $340,704 |
Vien Thong Pagoda Houston, TX | $7,824,383 | $1,069,111 |
Vietnamese Sangha Congregation In America Phuoc Minh Monastery Duson, LA | $909,992 | $513,098 |
Universal Door Meditation Center Sugar Land, TX | $8,646,375 | $1,638,678 |
Watpa Buddhayan Mediation Center Inc Sugar Land, TX | $0 | $800,742 |
Vietnamese Buddhist Center Inc Sugar Land, TX | $7,043,362 | $1,772,604 |
Kalachakra Buddha Association Farmersville, TX | $4,404,690 | $783,296 |
Phuoc Duc Buddhist Cultural Center Inc Houston, TX | $30,610 | $403,197 |
Meditation Center Of Texas Arlington, TX | $1,088,937 | $336,240 |
Drepung Loseling Institute Of Texas Houston, TX | $1,880,567 | $534,796 |