Padma Organization is located in Park City, UT. The organization was established in 2010. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Padma Organization 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, Padma Organization generated $72.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.8% each year . All expenses for the organization totaled $74.5k during the year ending 12/2021. While expenses have increased by 27.4% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SERVE THE ENVIRONMENT AND ITS INHABITANTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rinchen Hanley Treasurer | 0 | $2,500 | |
Niraj Lama President | 0 | $0 | |
Palan Lama VP | 0 | $0 | |
James Curran Board Member | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $29,548 |
Total Program Service Revenue | $43,200 |
Membership dues | $0 |
Investment income | $165 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $72,913 |
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 | $16,013 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $47,721 |
Total expenses | $74,454 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $21,029 |
Other assets | $0 |
Total assets | $21,029 |
Total liabilities | $7,371 |
Net assets or fund balances | $13,658 |
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