Connecticut Meditation Center Inc
- Assets
- $192.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- South Windsor, CT
- Founding
- 02/2016
- Data as of
- 12/2020
- EIN
- 47-3500828
Organization Overview
Connecticut Meditation Center Inc is located in South Windsor, CT. The organization was established in 2016. 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. Connecticut Meditation Center 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 12/2020, Connecticut Meditation Center Inc generated $15.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (58.5%) each year. All expenses for the organization totaled $7.9k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (51.8%) per year over the past 2 years. 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 |
|---|---|---|---|
Rev Babarende Sumedha CEO | 40 | $0 | |
Rev Kurunegoda Dhammaloka Director | 15 | $0 | |
Rev Akmeemana Nagitha Treasurer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,806 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $70 |
| Total Revenue | $15,876 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $5,985 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,896 |
| Total expenses | $7,881 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $191,956 |
| Other assets | $0 |
| Total assets | $191,956 |
| Total liabilities | $0 |
| Net assets or fund balances | $191,956 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Connecticut Meditation Center Inc has recieved totaling $12,560.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $12,560 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Buddhist Digital Resource Center Inc Boston, MA | $3,689,467 | $1,606,114 |
Barre Center For Buddhist Studies Inc Barre, MA | $5,739,679 | $1,727,816 |
Kak Hwang Zen Center Flushing, NY | $220,889 | $735,431 |
Lumbini Buddhist Association Inc Lawrence, MA | $0 | $602,311 |
New York Insight Inc New York, NY | $427,976 | $611,449 |
Dharmakaya Center For Wellbeing Inc Pine Bush, NY | $182,124 | $584,750 |
Dharma Drum Retreat Center Inc Pine Bush, NY | $3,451,513 | $510,345 |
Friends Of Dongyu Gatsal Ling Inc Woodbury, NY | $2,289,752 | $560,170 |
Pointing Out The Great Way Foundation Newton, MA | $1,469,945 | $273,367 |
Dami Buddhism Association New Hyde Park, NY | $17,601,801 | $5,331,194 |
Danang Foundation Corp Jackson Heights, NY | $1,572,828 | $167,688 |
Kunzang Gatshal Foundation Delhi, NY | $4,395,104 | $390,655 |