Vietnamese Sangha Congregation In America
- Assets
- $16.8m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Morgan Hill, CA
- Founding
- 07/1984
- Data as of
- 12/2022
- EIN
- 77-0029463
Organization Overview
Vietnamese Sangha Congregation In America is located in Morgan Hill, CA. The organization was established in 1984. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vietnamese Sangha Congregation In America is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
KIM SON MONASTERY ORDAINS BOTH BUDDHIST MONKS AND NUNS. THE TRAINING PROGRAM FOR BUDDHIST MONKS IS A 9-YEAR PROGRAM IN WHICH THE MONKS LEARN THE RULES, PRECEPTS AND REGULATIONS FOR MONASTIC LIFE, STUDY THE DHARMA AND SUTRAS, AND PRACTICE THE PROPAGATION OF THE DHARMA, ORGANIZE MEDITATION COURSES AND FURTHER THEIR STUDIES IN THE IDEOLOGIES, SCHOOLS, AND SCRIPTURES OF BUDDHISM. IN ADDITION TO PROVIDING MONASTERY FACILITIES (I.E. A MEDITATION HALL, HOUSING AND FOOD) TO RESIDENT MONKS AND NUNS, KIM SON MONASTERY IS OPEN TO THE PUBLIC FOR WORSHIP (I.E. MEDITATION) AT ALL TIMES AND OFFERS THREE (3) ONE MONTH LONG BUDDHIST MEDITATION AND TRAINING SESSIONS IN MARCH, JULY AND DECEMBER FOR NON-RESIDENT MONKS AND NUNS AND LAY PERSONS. KIM SON MONASTERY ALSO HOLDS RELIGIOUS CELEBRATIONS (I.E. EVENTS) OPEN TO THE PUBLIC ON BUDDHIST HIGH HOLIDAYS (I.E. BUDDHAS BIRTHDAY, BUDDHIST MOTHERS DAY, AND THE LUNAR NEW YEAR) WHICH INCLUDE CHANTING AND PRAYER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCT WORSHIP SERVICES AND OTHER RELATED RELIGIOUS ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mai Nguyen Director | OfficerTrustee | 5 | $0 |
Quang Dai Nguyen President | OfficerTrustee | 5 | $0 |
Long Nguyen Vp/secretary | OfficerTrustee | 5 | $0 |
My Phan Treasurer | OfficerTrustee | 5 | $0 |
Jenny Minh-Trang Le Director | Trustee | 5 | $0 |
Financial Statements
| 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 | $1,031,792 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,031,792 |
| Total Program Service Revenue | $0 |
| Investment income | $688 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $138,808 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,171,288 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,848 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $2,680 |
| All other expenses | $20,480 |
| Total functional expenses | $95,133 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $282,419 |
| Savings and temporary cash investments | $730,389 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $46,361 |
| 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 | $14,710,344 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,055,075 |
| Total assets | $16,824,588 |
| 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 | $735,389 |
| Other liabilities | $1 |
| Total liabilities | $735,390 |
| 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 | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $16,089,198 |
| Total liabilities and net assets/fund balances | $16,824,588 |