Bat Nha Meditation Institute Of America
- Assets
- $4.1m
- Revenue
- $975.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Ana, CA
- Founding
- 05/2004
- Data as of
- 12/2021
- EIN
- 33-0552267
Organization Overview
Bat Nha Meditation Institute Of America, operating under the name Bat Nha Buddhist Temple, is located in Santa Ana, CA. The organization was established in 2004. 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. Bat Nha Buddhist Temple 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, Bat Nha Buddhist Temple generated $975.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 12.8% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
BAT NHA TEMPLE IS A RELIGIOUS ORGANIZATION TO PROMOTE THE FAITH OF BUDDHISM AND MAINTAIN IT ACTIVITIES BY DONATIONS FROM INDIVIDUAL AND ORGANIZATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
LUNAR NEW YEAR CELEBRATION THE VIETNAMESE COMMUNITY HAS BEEN IN THE USA FOR 46 YEARS, THEY STILL CELEBRATE BOTH TWO NEW YEARS: THE GREGORIAN CALENDAR NEW YEAR AND LUNAR NEW YEAR. THE GREGORIAN NEW YEAR COMES FIRST AND THEN AROUND THE END OF JANUARY OR EARLY FEBRUARY THE LUNAR NEW YEAR ARRIVES.
BUDDHA'S BIRTHDAY CEREMONY BUDDHA'S BIRTHDAY CELEBRATION FALLS ON APRIL 15 OF LUNAR CALENDAR. IN VIET NAM THIS CEREMONY HAPPENS ONLY ON APRIL 15, ONLY ONE DAY EVERYWHERE IN THE NATION. IN THE USA, IT HAPPENS MOSTLY ON ALL FOUR SUNDAYS OF APRIL. THE CONGREGATION ALSO CELEBRATES WHERE THE CROWDED VIETNAMESE COMMUNITY IS.
VU LAN (PARENTAL) SEASON CELEBRATION VU LAN SEASON ON JULY 15 OF LUNAR CALENDAR. IT IS MORE CROWDED THAN THE LUNAR NEW YEAR AND BUDDHA'S BIRTHDAY. THIS EVENT OCCUPIES ABOUT 40% OF ALL THE YEAR ROUND EVENTS. IN THIS SEASON, CHILDREN USUALLY BRING THEIR PARENTS TO THE TEMPLES, TO THE RESTAURANT OR TO TRAVEL. WHEN DISCIPLES GO TO THE TEMPLES, THEY ALWAYS LISTEN TO THE MONKS OR NUNS AS THEIR PARENTS. VU LAN SEASON USUALLY HAPPENS DURING THE LUNAR MONTH OF JULY, THE MAIN DAY IS JULY 15. IT IS SIMILAR TO THE MOTHER'S DAY AND FATHER'S DAY. IF THEIR PARENTS ALREADY PASSED AWAY, IT IS A CHANCE FOR THE CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Le Tan Huynh Secretary | Officer | 10 | $0 |
DO Nghiem Thi Hue Chief Financial Officer | Officer | 10 | $0 |
Thich Nguyen Tri President | Officer | 40 | $0 |
Financial Statements
| 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 | $902,011 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $902,011 |
| Total Program Service Revenue | $73,230 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $975,241 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $36,300 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $15,309 |
| Fees for services: Legal | $2,910 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $1,259 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $14,295 |
| 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 | $5,500 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $101,108 |
| Total functional expenses | $1,067,393 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $535,441 |
| Savings and temporary cash investments | $45,200 |
| 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 | $3,521,004 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,101,645 |
| 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 | $543,183 |
| Unsecured mortgages and notes payable | $345,000 |
| Other liabilities | $0 |
| Total liabilities | $888,183 |
| 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 | $3,213,462 |
| Total liabilities and net assets/fund balances | $4,101,645 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Bat Nha Meditation Institute Of America has recieved totaling $435,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $145,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $145,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $145,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Francisco Falun Buddha Study Association San Jose, CA | $6,296,319 | $14,265,205 |
Khyentse Foundation San Francisco, CA | $60,349,679 | $7,362,261 |
Vietnanese Buddhist Meditation Congregation Inc Bonsall, CA | $9,161,110 | $5,723,304 |
Tribe Media Corp Los Angeles, CA | $548,666 | $3,414,428 |
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 |
Dhammakaya International Meditation Center Azusa, CA | $17,013,433 | $1,779,242 |
Hong Shin Buddhist Center Chino, CA | $23,393,639 | $3,179,818 |
Against The Stream Buddhist Meditation Society Los Angeles, CA | $400,066 | $1,319,745 |
Bat Nha Meditation Institute Of America Santa Ana, CA | $4,101,645 | $975,241 |