Buddhist Association Of Northwest Arkansas
- Assets
- $67.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Springdale, AR
- Founding
- 08/2013
- Data as of
- 12/2021
- EIN
- 32-0284941
Organization Overview
Buddhist Association Of Northwest Arkansas is located in Springdale, AR. The organization was established in 2013. 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 Association Of Northwest Arkansas 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, Buddhist Association Of Northwest Arkansas generated $23.0k 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 (10.1%) each year. All expenses for the organization totaled $15.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.0%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
THE ASSOCIATION HELD A TOTAL OF 12 RELIGIOUS CEREMONIES DURING 2020 .
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Many Thammavong President | 0 | $0 | |
Ronnie Keosy Vice Preside | 0 | $0 | |
Phonekham Thattanakham Director | 0 | $0 | |
Souanechanh Vongsamphanh Director | 0 | $0 | |
Ron Bounkhong Vice Preside | 0 | $0 | |
Yeng Phoumivong Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,986 |
| 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 | $22,986 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $380 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $596 |
| Occupancy, rent, utilities, and maintenance | $10,549 |
| Printing, publications, postage, and shipping | $71 |
| Other expenses | $3,725 |
| Total expenses | $15,321 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,654 |
| Other assets | $0 |
| Total assets | $67,858 |
| Total liabilities | $12,889 |
| Net assets or fund balances | $54,969 |
Peer Organizations
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|---|---|---|
Southern Usa Falun Dafa Association Houston, TX | $3,622,112 | $4,922,503 |
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Phap Bao Buddhist Temple Mission, TX | $296,799 | $340,704 |
Vien Thong Pagoda Houston, TX | $7,824,383 | $1,069,111 |
Vietnamese Sangha Congregation In America Phuoc Minh Monastery Duson, LA | $909,992 | $513,098 |
Universal Door Meditation Center Sugar Land, TX | $8,646,375 | $1,638,678 |
Watpa Buddhayan Mediation Center Inc Sugar Land, TX | $0 | $800,742 |
Vietnamese Buddhist Center Inc Sugar Land, TX | $7,043,362 | $1,772,604 |
Kalachakra Buddha Association Farmersville, TX | $4,404,690 | $783,296 |
Phuoc Duc Buddhist Cultural Center Inc Houston, TX | $30,610 | $403,197 |
Meditation Center Of Texas Arlington, TX | $1,088,937 | $336,240 |
Chua Quan Am Kansas City Buddhist Association Kansas City, MO | $190,307 | $318,764 |