Chenrezig Tibetan Buddist Cultural Center
- Assets
- $67.9k
- Revenue
- $10.3k
- Investments
- $0.0
- Employees
- 0
- Location
- El Paso, TX
- Founding
- 01/1996
- Data as of
- 12/2019
- EIN
- 74-2687647
Organization Overview
Chenrezig Tibetan Buddist Cultural Center, operating under the name Ctbcc, is located in El Paso, TX. The organization was established in 1996. 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. Ctbcc 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 12/2019, Ctbcc generated $10.3k 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 (34.5%) each year. All expenses for the organization totaled $9.0k during the year ending 12/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
CTBCC IS A NON-PROFIT, NON-SECTARIAN ORGANIZATION DEDICATED TO SHARING THE DHARMA WITH THE COMMUNITY OF EL PASO AND THE SURROUNDING AREA. OUR MISSION IS TO STIMULATE THE CULTIVATION OF COMPASSION AND LOVING-KINDNESS BASED ON THE PHILOSOPHY AND METHODS TAUGHT BY HIS HIS HOLINESS THE 14TH DALAI LAMA. OUR ACTIVITIES INCLUDE TEACHINGS, CLASSES, PRACTICES, MEDITATIONS, RETREATS, COMMUNITY SERVICES, AND FUNDRAISING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE CREATE OPPORTUNITIES FOR OUR MEMBERS AND COMMUNITY TO PRACTICE GENEROSITY. THE DONATIONS WE COLLECT ARE USED TO SUPPORT CHARITABLE CAUSES (SUCH AS SUPPORTING OUR SPIRITUAL DIRECTOR $2000, DONATING TO OTHER SPIRITUAL ORGANIZATIONS $1000, AND FEEDING THE MIGRANTS $500).
WE BRING TEACHERS TO PROVIDE SPIRITUAL GUIDANCE AND EDUCATION TO OUR MEMBERS AND COMMUNITY.
WE OFFER WEEKLY CLASSES FOR SPIRITUAL DEVELOPMENT TO OUR MEMBERS AND COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Losang Samten Spiritual Director | Trustee | 0.5 | $0 |
Helga Carrion President | Officer | 6 | $0 |
Roberta Arney Vice President | Officer | 2 | $0 |
Teresa Gomez Secretary | Officer | 1 | $0 |
Kien Lim Treasurer | Officer | 4 | $0 |
Raul Ruiz Publicity Manager | Officer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,396 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$640 |
| 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 | $1,315 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,315 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $49 |
| Advertising and promotion | $0 |
| Office expenses | $1,401 |
| Information technology | $64 |
| Royalties | $0 |
| Occupancy | $1,781 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,808 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $703 |
| All other expenses | $0 |
| Total functional expenses | $8,979 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,672 |
| Savings and temporary cash investments | $60,004 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,240 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $67,916 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 | $67,916 |
| Total liabilities and net assets/fund balances | $67,916 |