Maitripa College is located in Portland, OR. The organization was established in 2007. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2021, Maitripa College employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maitripa College 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 06/2021, Maitripa College generated $588.8k 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 (6.9%) each year. All expenses for the organization totaled $588.9k during the year ending 06/2021. 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
MAITRIPA INSTITUTE PROVIDES EDUCATION AND TRAINING LEADING TO A MASTERS OF ARTS DEGREE IN BUDDHIST STUDIES. IT ALSO SPONSORS EVENTS TO CELEBRATE AND REINFORCE BUDDHIST TEACHING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAITRIPA COLLEGE PROVIDES STUDIES TOWARD A MASTERS OF BUDDHIST STUDIES PROGRAM AND OFFERS PUBLIC PROGRAMS FOR BUDDHIST STUDIES AND MEDIATION.
VARIOUS ACTIVITIES TO INFORM THE PUBLIC ABOUT BUDDHIST BELIEFS AND PURPOSE.
PROVIDE CLASSES IN MEDITATION AND A MEDIATION HALL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Miranda Adams Dean Of Ed | Trustee | 40 | $53,364 |
Diana Finnegan Director | Trustee | 0 | $0 |
Alberto Fournier PHD Chair | OfficerTrustee | 1 | $0 |
Jose Cabezon PHD Director | Trustee | 1 | $0 |
Scott South Director | Trustee | 1 | $0 |
Mark Waller Treasurer | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $149,711 |
Investment income | $56,871 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $6,540 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $588,752 |
Statement of Expenses | |
---|---|
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. | $53,364 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $267,512 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $29,461 |
Payroll taxes | $55,903 |
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 | $1,404 |
Advertising and promotion | $11,240 |
Office expenses | $11,370 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $2,155 |
Travel | $707 |
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 | $57,483 |
Insurance | $12,847 |
All other expenses | $0 |
Total functional expenses | $588,938 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $110,449 |
Savings and temporary cash investments | $75,866 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $64,540 |
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 |
Investments—publicly traded securities | $8,266,321 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $10,840,918 |
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 |
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 |
Total liabilities and net assets/fund balances | $10,840,918 |