South Carolina Falun Dafa Association
- Assets
- $135.6k
- Revenue
- $712.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Greer, SC
- Founding
- 07/2012
- Data as of
- 06/2022
- EIN
- 45-4101174
Organization Overview
South Carolina Falun Dafa Association is located in Greer, SC. 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. South Carolina Falun Dafa Association 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 06/2022, South Carolina Falun Dafa Association generated $712.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $578.2k during the year ending 06/2022. While expenses have increased by 5.5% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO TEACH THE PRACTICE OF FALUN DAFA, PROMOTE FALUN DAFA'S PRINCIPLES OF TRUTH, COMPASSION AND FORBEARANCE. TO PROMOTE CHINESE TRADITIONAL CULTURE AND VALUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOST SHEN YUN SHOWS IN SOUTH CAROLINA TO PROMOTE CLASSIC CHINESE DANCE AND MUSIC. PROMOTE TRADITIONAL CHINESE CULTURE AND VALUE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Lingfang Kong President | OfficerTrustee | 30 | $0 |
Mcbride Ni Director | Trustee | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $153,551 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,274 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $155,825 |
| Total Program Service Revenue | $556,664 |
| 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 | $712,489 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $19,918 |
| Advertising and promotion | $241,524 |
| Office expenses | $992 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $578,220 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $135,618 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $135,618 |
| Accounts payable and accrued expenses | $47 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $47 |
| Net assets without donor restrictions | $135,571 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $135,618 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goodcoin Foundation Charleston, SC | $2,902,105 | $7,447,485 |
Encouraging Word Inc Spartanburg, SC | $793,280 | $1,352,254 |
South Carolina Falun Dafa Association Greer, SC | $135,618 | $712,489 |
Heartwood Refuge Hendersonville, NC | $2,013,186 | $309,824 |
Tu Vien Truc Lam Buddhist Central Inc Riverdale, GA | $1,941,563 | $418,470 |
Southern Dharma Retreat Center Inc Hot Springs, NC | $1,396,796 | $438,249 |
Sangha Bhiksu Buddhist Association Lawrenceville, GA | $1,683,037 | $360,966 |
Georgia Meditation Center Inc Atlanta, GA | $2,923,465 | $320,641 |
North Carolina Buddhist Association Raleigh, NC | $2,050,764 | $213,804 |
Master Rumas International Association For Buddhist Meditatio Dublin, GA | $439,754 | $133,124 |
Phuoc Hai Buddhist Temple Charlotte, NC | $987,281 | $314,584 |
Vien Ngo Buddhist Temple Inc Loganville, GA | $7,976 | $0 |