Vien Thong Pagoda is located in Houston, TX. 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. As of 12/2023, Vien Thong Pagoda employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vien Thong Pagoda 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 12/2023, Vien Thong Pagoda generated $733.3k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $650.7k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
VIEN THONG PAGODA IS A BUDDHIST CHURCH, IT SERVE PUBLIC WITH THEIR SPIRITUAL NEEDS, INCLUDING BUT NOT LIMITED TO RELIGIOUS SERVICES FUNERALS, WEDDINGS, MEMORIALS, WELLNESS, BUDDHAS BIRTHDAY
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVE PUBLIC SPIRITUAL NEEDS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Helen Pham Clerk | OfficerTrustee | 60 | $13,800 |
Vien-Kha Thich-Nu Translator | OfficerTrustee | 60 | $13,800 |
Vien-Hoa Thich-Nu Clerk | OfficerTrustee | 60 | $13,800 |
Irene Dao President | OfficerTrustee | 60 | $13,800 |
Minh-Lien Thich-Nu Vice President | OfficerTrustee | 60 | $13,800 |
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 | $733,220 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $733,220 |
Total Program Service Revenue | $0 |
Investment income | $102 |
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 | $733,322 |
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 | $4,360 |
Benefits paid to or for members | $7,022 |
Compensation of current officers, directors, key employees. | $69,000 |
Compensation of current officers, directors, key employees. | $69,000 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $5,343 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,275 |
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 | $514 |
Information technology | $10,567 |
Royalties | $0 |
Occupancy | $198,522 |
Travel | $143,579 |
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 | $190,448 |
Insurance | $0 |
All other expenses | $2,445 |
Total functional expenses | $650,737 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $12,842 |
Savings and temporary cash investments | $555,440 |
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 | $7,146,381 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $20,000 |
Total assets | $7,734,663 |
Accounts payable and accrued expenses | $27,509 |
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 | $135,178 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $1,130,897 |
Other liabilities | $0 |
Total liabilities | $1,293,584 |
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 | $6,441,079 |
Total liabilities and net assets/fund balances | $7,734,663 |