Northwest Sherpa Association
- Assets
- $252.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mercer Island, WA
- Founding
- 09/2008
- Data as of
- 12/2022
- EIN
- 53-1174897
Organization Overview
Northwest Sherpa Association is located in Mercer Island, WA. The organization was established in 2008. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northwest Sherpa 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 12/2022, Northwest Sherpa Association generated $37.3k 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 (9.5%) each year. All expenses for the organization totaled $8.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (13.5%) 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
2022
Describe the Organization's Program Activity:
Part 3
GOING INTO THE SECOND YEAR OF PANDEMIC, MOST OF OUR ANNUAL EVENTS REMAINED CANCELLED. WE DID HOWEVER MANAGE TO RAISE DONATIONS FOR OUR PRJECT OF BUILDING THE CULUTRE CENTER. THE YEAR 2021 MARKED THE END OF THE FOUR YEAR TERM OF OUR BOARD MEMBERS. (USUALLY, EXTENDED DUE TO PANDEMIC.) WE WELCOMED NEW MEMBERS ON OUR SHERPA NEW YEAR MARCH 5TH 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pasang Kaji Sherpa President | 1 | $0 | |
Ang Jangbu Sherpa Member | 1 | $0 | |
Pasang Tenji Sherpa Member | 1 | $0 | |
Jigme Sherpa Member | 1 | $0 | |
Lhakpa Tenjing Sherpa Member | 1 | $0 | |
Dolma Sherpa Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,619 |
| Total Program Service Revenue | $28,732 |
| Membership dues | $500 |
| Investment income | $418 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $37,269 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,995 |
| Total expenses | $7,995 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $252,112 |
| Other assets | $0 |
| Total assets | $252,112 |
| Total liabilities | $0 |
| Net assets or fund balances | $252,112 |