Buddhist Meditation Society Of Norwalk is located in Lakewood, CA. The organization was established in 2010. 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. Buddhist Meditation Society Of Norwalk 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, Buddhist Meditation Society Of Norwalk generated $53.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $66.4k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
CONDUCT WEEKLY BUDDHIST PRAYER SERVICES TO SPREAD AND PROPOGATE THE TEACHINGS OF BUDDHISM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sawai Chomkrai President | 40 | $0 | |
Suwat Pongkam Secretary | 40 | $0 | |
Waipon Malarun Treasurer | 40 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $53,122 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $53,122 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $82 |
Other expenses | $66,332 |
Total expenses | $66,414 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $253 |
Other assets | $0 |
Total assets | $402,237 |
Total liabilities | $346,441 |
Net assets or fund balances | $55,796 |
Over the last fiscal year, we have identified 1 grants that Buddhist Meditation Society Of Norwalk has recieved totaling $19.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $19 |
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Bukkyo Dendo Kyokai America Inc Moraga, CA | $12,018,243 | $1,744,603 |
Us Southwestern Falun Dafa Association El Monte, CA | $4,987,177 | $7,092,763 |
Buddhist Churches Of America-Endow San Francisco, CA | $48,222,934 | $3,035,371 |
Northern California Bodhi Dharma Society Milpitas, CA | $3,105,013 | $2,040,834 |
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Bat Nha Meditation Institute Of America Santa Ana, CA | $4,101,645 | $975,241 |