Wat Phrasouk Lao Buddhist Temple Inc
- Assets
- $7.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Loxahatchee, FL
- Founding
- 02/2009
- Data as of
- 12/2022
- EIN
- 26-3333482
Organization Overview
Wat Phrasouk Lao Buddhist Temple Inc is located in Loxahatchee, FL. The organization was established in 2009. 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. Wat Phrasouk Lao 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 12/2022, Wat Phrasouk Lao Buddhist Temple Inc generated $29.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (23.3%) each year. All expenses for the organization totaled $21.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (26.4%) per year over the past 6 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
2022
Describe the Organization's Program Activity:
Part 3
RELIGIOUS AND SPIRITUAL ALL CURRENT YEAR RESOURCES USED TO REMODEL AND MAINTAIN ACQUIRE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thongdam Phanly President | 17 | $0 | |
Eddie Sayasane Vice President | 5 | $0 | |
Viengkham Wongpanich Asst Secretary | 4 | $0 | |
Frank Soundara Treasurer | 4 | $0 | |
Chanthany Ratpanhya Secretary | 4 | $0 | |
Vanthong Sivilay Vice President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,172 |
| 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 | $29,172 |
| 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 | $300 |
| Occupancy, rent, utilities, and maintenance | $8,778 |
| Printing, publications, postage, and shipping | $2,725 |
| Other expenses | $9,957 |
| Total expenses | $21,760 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,412 |
| Other assets | $0 |
| Total assets | $7,412 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,412 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wat Mongkolratanaram Of Fl Thai Buddhist Temple Interbay Area Fl Tampa, FL | $3,597,133 | $569,861 |
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 |
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 |
Vietnamese - American Buddhist Association Niem Xu Thien Vien Inc Leesburg, FL | $6,260,827 | $2,030,172 |
Wat Florida Dhammaram Inc Kissimmee, FL | $3,368,032 | $440,215 |
Phuoc Hoa Buddhist Center Inc Fort Myers, FL | $2,231 | $0 |
Dieu Nhan Buddhist Monastery Cocoa, FL | $2,899 | $0 |
Alexander Foundation Formless Heartfellowship Inc Miami, FL | $25,926 | $0 |
Vietnamese Buddhist Cultural Center Of Florida Inc Fort Lauderdale, FL | $0 | $0 |