Tu Lien Buddhist Temple Inc
- Assets
- $581.1k
- Revenue
- $76.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Snellville, GA
- Founding
- 10/2004
- Data as of
- 12/2021
- EIN
- 20-0973697
Organization Overview
Tu Lien Buddhist Temple Inc is located in Snellville, GA. The organization was established in 2004. According to its NTEE Classification (X50) the organization is classified as: Buddhism, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Tu Lien Buddhist Temple Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tu Lien Buddhist Temple Inc 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, Tu Lien Buddhist Temple Inc generated $76.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $70.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 7 years. 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
THE ORGANIZATON'S PRIMARY PURPOSE IS TO PROMOTE THE TEACHING OF BUDDHIST PHILOSOPHY, THE BUDDHIST WAY OF LIFE AND TENET, AND THE UNDERSTANDING AND HARMONY AMONG DIFFERENT BRANCHES OF BUDDHIST COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISCUSSION ON TOPICS OF INTEREST IN BUDDHISM, EDUCATION OF YOUTH ON BUDDHIST IDEAS, E.G. OBEDIENCE TO PARENTS, RESPECT FOR OTHERS, AND HELPING THE LESS FORTUNATE.
WEEKLY PREACHINGS OF BUDDHIST PHILOSOPHY BY THE BUDDHIST MONKS, NUNS, AND/OR BY GUEST SPEAKERS. RECITE PRAYER AND MEDITATION WEEKLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Loan Vo Treasurer | Officer | 40 | $12,000 |
Lynda Huynh President | Officer | 40 | $6,000 |
Ninh Tan Nguyen Secretary | Officer | 10 | $0 |
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 | $70,413 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,413 |
| Total Program Service Revenue | $0 |
| Investment income | $5,738 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $76,151 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $18,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,377 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,048 |
| Advertising and promotion | $0 |
| Office expenses | $8,774 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,763 |
| Travel | $2,665 |
| 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 | $19,540 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $70,167 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $227,578 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $353,555 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $581,133 |
| 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 | $0 |
| Other liabilities | $1,094 |
| Total liabilities | $1,094 |
| Net assets without donor restrictions | $580,039 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $581,133 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Tu Lien Buddhist Temple Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goodcoin Foundation Charleston, SC | $2,902,105 | $7,447,485 |
Encouraging Word Inc Spartanburg, SC | $793,280 | $1,352,254 |
Wat Mongkolratanaram Of Fl Thai Buddhist Temple Interbay Area Fl Tampa, FL | $3,597,133 | $569,861 |
South Carolina Falun Dafa Association Greer, SC | $135,618 | $712,489 |
Heartwood Refuge Hendersonville, NC | $2,013,186 | $309,824 |
Florida Mediation Center Inc Plant City, FL | $2,757,164 | $497,078 |
Tu Vien Truc Lam Buddhist Central Inc Riverdale, GA | $1,941,563 | $418,470 |
Southern Dharma Retreat Center Inc Hot Springs, NC | $1,396,796 | $438,249 |
Phap Vu Buddhist Cultural Centre Of Florida Inc Orlando, FL | $3,947,347 | $593,365 |
Sangha Bhiksu Buddhist Association Lawrenceville, GA | $1,683,037 | $360,966 |
Georgia Meditation Center Inc Atlanta, GA | $2,923,465 | $320,641 |
Temple Of Peace And Virtue Bradyville, TN | $259,258 | $280,656 |