Chokhor Gepel Ling is located in Los Angeles, CA. The organization was established in 2006. According to its NTEE Classification (X50) the organization is classified as: Buddhism, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Chokhor Gepel Ling employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chokhor Gepel Ling 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, Chokhor Gepel Ling generated $92.8k 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 (6.9%) each year. All expenses for the organization totaled $78.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.0%) per year over the past 7 years. 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
TIBETAN BUDDHIST CENTER
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPECIFIC PURPOSE OF THE ORGANIZATION IS TO FORM AND OPERATE A TIBETAN BUDDHIST CENTER AS A PLACE OF PRAYER AND EDUCATION OF BUDDHIST RELIGION, PRACTICES AND PHILOSOPHY, TO SUPPORT OUR AFFILIATED MONASTERY, AND TO PROMOTE AWARENESS ABOUT TIBETAN CULTURE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Diana Simons Secretary | Officer | 40 | $6,000 |
Thupten Talku Exec Dir/pre | Officer | 40 | $4,800 |
Lobsang Yarphel Vice-Preside | Officer | 40 | $4,800 |
Steve Edwards Treasurer | Officer | 2 | $0 |
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 | $92,752 |
Noncash contributions included in lines 1a–1f | $3,353 |
Total Revenue from Contributions, Gifts, Grants & Similar | $92,752 |
Total Program Service Revenue | $0 |
Investment income | $1 |
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 | $92,753 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $40,034 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $300 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $15,600 |
Compensation of current officers, directors, key employees. | $6,000 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $1,174 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $540 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $699 |
Advertising and promotion | $0 |
Office expenses | $1,658 |
Information technology | $2,119 |
Royalties | $0 |
Occupancy | $9,567 |
Travel | $77 |
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 | $5,000 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $78,154 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $59,262 |
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 | $1,089,375 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,148,637 |
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 | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $504 |
Total liabilities | $504 |
Net assets without donor restrictions | $1,148,133 |
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 | $1,148,637 |
Over the last fiscal year, Chokhor Gepel Ling has awarded $40,034 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Ithaca, NY PURPOSE: TO FURTHER ITS CAUSE | $30,034 |
Ithaca, NY PURPOSE: TO FURTHER ITS CAUSE | $10,000 |
Over the last fiscal year, we have identified 1 grants that Chokhor Gepel Ling has recieved totaling $19,000.
Awarding Organization | Amount |
---|---|
Kevin And Suzanne Schon Foundation Inc Sherman Oaks, CA PURPOSE: SEE ATTACHED SCHEDULE | $19,000 |
Organization Name | Assets | Revenue |
---|---|---|
San Francisco Falun Buddha Study Association San Jose, CA | $6,296,319 | $14,265,205 |
Khyentse Foundation San Francisco, CA | $60,349,679 | $7,362,261 |
Vietnanese Buddhist Meditation Congregation Inc Bonsall, CA | $9,161,110 | $5,723,304 |
Tribe Media Corp Los Angeles, CA | $548,666 | $3,414,428 |
Bukkyo Dendo Kyokai America Inc Moraga, CA | $12,018,243 | $1,744,603 |
Us Southwestern Falun Dafa Association El Monte, CA | $4,987,177 | $7,092,763 |
Buddhist Churches Of America-Endow San Francisco, CA | $48,222,934 | $3,035,371 |
Northern California Bodhi Dharma Society Milpitas, CA | $3,105,013 | $2,040,834 |
Dhammakaya International Meditation Center Azusa, CA | $17,013,433 | $1,779,242 |
Hong Shin Buddhist Center Chino, CA | $23,393,639 | $3,179,818 |
Against The Stream Buddhist Meditation Society Los Angeles, CA | $400,066 | $1,319,745 |
Bat Nha Meditation Institute Of America Santa Ana, CA | $4,101,645 | $975,241 |