Phap Van Monastery
- Assets
- $482.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pearland, TX
- Founding
- 07/2012
- Data as of
- 12/2021
- EIN
- 45-0823228
Organization Overview
Phap Van Monastery is located in Pearland, TX. The organization was established in 2012. 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. Phap Van Monastery 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, Phap Van Monastery generated $192.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.9% each year . All expenses for the organization totaled $99.1k during the year ending 12/2021. While expenses have increased by 7.3% per year over the past 6 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thien Nguyen Vice President | 10 | $0 | |
Kieu Thi Nguyen Secretary And Treasurer | 40 | $0 | |
Duc Tien Nguyen President | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $192,769 |
| 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 | $192,769 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $46,623 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $42,438 |
| Total expenses | $99,061 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $157,406 |
| Other assets | $0 |
| Total assets | $482,406 |
| Total liabilities | $0 |
| Net assets or fund balances | $482,406 |
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