Drikung Dharma Surya Inc
- Assets
- $1.0m
- Revenue
- $46.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Fairfax, VA
- Founding
- 11/2012
- Data as of
- 12/2021
- EIN
- 45-4106452
Organization Overview
Drikung Dharma Surya Inc is located in Fairfax, VA. 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. Drikung Dharma Surya Inc 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, Drikung Dharma Surya Inc generated $46.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (25.6%) each year. All expenses for the organization totaled $62.4k during the year ending 12/2021. 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
DEDICATED TO PROVIDE TEACHINGS, INCLUDING EDUCATIONAL AND TRAINING TO HELP INDIVIDUALS GAIN IN-DEPTH UNDERSTANDING OF BUDDHISM. TO PROVIDE REGULAR MEDITATION/YOGA/MINDFULNESS CLASSES, PRAYERS, RITUALS CEREMONIES, RETREATS, GROUP SPIRITUAL PRACTICES, COMMUNITY OUTREACH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
4TH 4 DAY ANNUAL GURU RINPOCHE BHUM TSOK 100000 ACCUMULATION MERIT OFFERING CEREMONY FOR WORLD PEACE, NOVEMBER 18 21 2021. WITH KHENPO SAMDUP RINPOCHE AND SANGHA MEMBERS. THE 4 DAY PUJA CEREMONY IS THE OFFERING OF 100000 COMPASSIONATE RECITATIONS TO INVOKE THE BLESSINGS OF GURU RINPOCHE PADMASAMBHAVA. THE PEACEFUL PADMASAMBHAVA PRAYER IS VERY POWERFUL FOR TRANSFORMING ANGER AND IMPURE OBJECTS IN THE MIND TO MANIFEST AS PURIFIED PERCEPTION OF NON-DUAL LIBERATED THOUGHT. THE MERIT OF THE PRACTICE IS THEN DEDICATED TO THE LONGLIFE OF HIS HOLINESS 14TH DALAI LAMA AND ALL OTHER HOLY MASTERS AS WELL AS ALL LOVED ONES AND BEINGS FOR THE BENEFIT OF WORLD PEACE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vu Nguyen Vice President | Trustee | 20 | $0 |
Quang Bui President | Trustee | 20 | $0 |
Phuong Bui Treasurer | Trustee | 20 | $0 |
Xiangcuo Cai Director | 15 | $0 | |
Konchog Gyaltsen Founder | 10 | $0 | |
Sam Zin Director | 20 | $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 | $46,590 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,590 |
| Total Program Service Revenue | $0 |
| 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 | $46,590 |
| 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 | $249 |
| Fees for services: Accounting | $5,210 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $372 |
| Office expenses | $8,232 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,604 |
| Travel | $144 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $372 |
| Interest | $13 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,772 |
| Insurance | $0 |
| All other expenses | $11,999 |
| Total functional expenses | $62,367 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $111,370 |
| 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 | $905,254 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,016,624 |
| 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 | $50,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $185,500 |
| Other liabilities | $530 |
| Total liabilities | $236,030 |
| Net assets without donor restrictions | $780,594 |
| 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 | $1,016,624 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Drikung Dharma Surya Inc has recieved totaling $12.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $12 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Falun Dafa Association Of Washington Dc Inc Silver Spring, MD | $2,193,898 | $2,904,846 |
Ligmincha International Inc Shipman, VA | $3,616,918 | $1,093,375 |
Heartwood Refuge Hendersonville, NC | $2,013,186 | $309,824 |
Southern Dharma Retreat Center Inc Hot Springs, NC | $1,396,796 | $438,249 |
Won Buddhism Of The Usa Inc Rockville, MD | $2,656,575 | $337,112 |
Unified Buddhist Church Endowment Ellicott City, MD | $1,746,578 | $82,522 |
Auspicious Cloud Buddhist Mediation Association Haymarket, VA | $932,455 | $496,388 |
Wat Nirodharangsee Stanardsville, VA | $538,982 | $778,371 |
Temple Of Peace And Virtue Bradyville, TN | $259,258 | $280,656 |
Vietnamese Buddhist Association Centreville, VA | $399,290 | $233,873 |
Hoa Nghiem Pagoda Fort Belvoir, VA | $2,388,683 | $322,261 |
Benevolent Buddhist Temple Inc Bethesda, MD | $1,194,465 | $1,163,582 |