Theravada Buddha Sasana Organization Usa is located in Snohomish, WA. 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. Theravada Buddha Sasana Organization USA 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, Theravada Buddha Sasana Organization USA generated $133.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $62.8k during the year ending 12/2022. While expenses have increased by 5.1% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE FOR RELIGIOUS,EDUCATIONAL,CULTURAL AND CHARITABLE PURPOSES
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO MAINTAIN AND UPLKEEP OF BUILDINGS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Aung Win Vice President | OfficerTrustee | 2 | $0 |
Htet Kyan Secretary | OfficerTrustee | 2 | $0 |
Khin Maung Vice President | OfficerTrustee | 2 | $0 |
Kyu Zabloudil Treasurer | OfficerTrustee | 2 | $0 |
Ashin Pannobasa President | OfficerTrustee | 2 | $0 |
Thin Mya Director | Trustee | 2 | $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 | $133,108 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $133,108 |
Total Program Service Revenue | $0 |
Investment income | $675 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$660 |
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 | $133,123 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $400 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
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 | $1,793 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $20 |
Fees for services: Accounting | $350 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $5,353 |
Advertising and promotion | $0 |
Office expenses | $817 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $38,147 |
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 | $15,938 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $62,818 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $292 |
Savings and temporary cash investments | $343,226 |
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 | $392,048 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $7,168 |
Other assets | $0 |
Total assets | $742,734 |
Accounts payable and accrued expenses | $37 |
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 | $4,000 |
Other liabilities | $0 |
Total liabilities | $4,037 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $738,697 |
Total liabilities and net assets/fund balances | $742,734 |
Over the last fiscal year, we have identified 1 grants that Theravada Buddha Sasana Organization Usa has recieved totaling $66.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $66 |
Organization Name | Assets | Revenue |
---|---|---|
Sheng-Yen Lu Foundation Redmond, WA | $13,329,663 | $1,856,075 |
Seattle Meditation Center Mountlake Terrance, WA | $2,480,569 | $886,146 |
Friends Of Cloud Mountain Castle Rock, WA | $2,182,059 | $720,638 |
Center For The Practice Of Zen Buddhist Meditation Sequim, WA | $1,632,156 | $459,776 |
Oregon Meditation Center Portland, OR | $1,627,146 | $324,907 |
Pariyatti Onalaska, WA | $667,319 | $352,710 |
Vietnamese Buddhist Meditation Congregation Renton, WA | $396,049 | $0 |
Northwest Zen Sangha Portland, OR | $5,044,797 | $760,154 |
Khmer Buddhist Society Seattle, WA | $563,332 | $691,313 |
Intermountain Vipassana Association Inc Lava Hot Springs, ID | $1,668,454 | $181,845 |
Vietnamese Buddhist Community Co Lam Temple Seattle, WA | $637,519 | $153,346 |
Buddhist Community Of Oregon Portland, OR | $0 | $148,588 |