Giac Tam Meditation Center
- Assets
- $1.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Eagan, MN
- Founding
- 12/2016
- Data as of
- 12/2021
- EIN
- 47-4700762
Organization Overview
Giac Tam Meditation Center is located in Eagan, MN. 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. Giac Tam Meditation Center 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, Giac Tam Meditation Center generated $42.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $41.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PRAY AND WORSHIP GOD AND ENCOURAGE ONE ANOTHER
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,559 |
| 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 | $42,559 |
| 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 | $17,720 |
| Printing, publications, postage, and shipping | $1,194 |
| Other expenses | $22,740 |
| Total expenses | $41,654 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,356 |
| Other assets | $0 |
| Total assets | $1,356 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,356 |
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