Shenphen Ling is located in Saratoga, CA. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shenphen Ling 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 12/2017, Shenphen Ling generated $219.1k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $248.2k during the year ending 12/2017. While expenses have increased by 2.5% per year over the past 3 years. They've been increasing with an increasing level of total revenue. 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE A TRADITIONAL TIBETAN RELIGION PRACTICE TO THE PEOPLE WHO HAS INTEREST OR BELIEVING IN IT
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHENPHEN MONASTERY TO HELP ORPHANS:IN NEPAL, POOR NEPALESE CHILDREN FREQUENTLY WANDER THE STREETS, WITHOUT ANY PARENTS OR GUARDIANS WATCHING OVER THEM. THESE CHILDREN ENGAGED IN RISKY BEHAVIORS SUCH AS TAKING DRUGS AND STEALING. RINPOCHE ASPIRED TO GIVE THESE HOMELESS CHILDREN A PLACE TO LIVE AND RECEIVE AN EDUCATION. PROJECTED BUILDING FUND: $500,000.00 FOR CLASSROOMS, AND $1,200,000 FOR BUDDHA HALL.
DHARMA TEXT PROJECT: IT IS ESSENTIAL TO PRESERVE THE ANCIENT TIBETAN WISDOM THROUGH THE PRECIOUS AND SACRED DHARMA TEXTS FOR DISTRIBUTION AROUND THE WORLD. SADHANA INCLUDES DAILY PRAYERS, GREEN TARA SADHANA, MANJUSHRI SADHANA, NGONDRO (PRELMINARY PRACTICE) SADHANA, THE PHOWA PRACTICE SADHANA, DAKINI TSOG SADHANA, & GURU PINPOCHE TSEG SADHANA.
GURU RINPOCHE TSOG OFFERING: THIS IS SERVED ON EVERY 10TH DAY OF THE LUNAR CALENDAR, ANDYESHE TSOGYAL TSOG OFFERING: THIS IS SERVED ON EVERY 25TH DAY OF THE LUNAR CALENDAR. GURU RINPOCHE TSOG OFFERING AND YESHE TSOGYAL TSOG OFFFERING ARE TWO MAIN MONTHLY RITUALS WITHIN VAJRAYANA BUDDHISM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Hsu Yu Tieh Wan President | Officer | 5 | $0 |
Yikuan Lee Secretary | Officer | 4 | $0 |
Huey Ling Wang Treasurer | Officer | 20 | $0 |
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 | $219,100 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $219,100 |
Total Program Service Revenue | $0 |
Investment income | $0 |
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 | $219,100 |
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 | $237,000 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
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 | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
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 | $0 |
Total functional expenses | $248,164 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,392 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $5,392 |
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 | $0 |
Total liabilities | $0 |
Unrestricted restricted net Assets | $5,392 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total net assets or fund balances | $5,392 |
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