Wat Lao Buddhaxinaram is located in San Jose, CA. The organization was established in 1987. 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. Wat Lao Buddhaxinaram 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 03/2017, Wat Lao Buddhaxinaram generated $88.1k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $55.8k during the year ending 03/2017. While expenses have increased by 6.6% per year over the past 3 years. They've been increasing with an increasing level of total revenue. 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE RELIGIOUS SERVICES AND PLACE OF WORSHIP TO LAO BUDDHIST COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUDDHA TEMPLE (CHURCH) - RELIGIOUS PRACTICES TO LAO BUDDHIST COMMUNITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Houmpheng Chanthasy Secretary | Officer | 3 | $0 |
Cindy Ouphasakda Treasurer | Officer | 3 | $0 |
Soukan Darathep Chairman | Officer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Investment income | $0 |
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 | $88,053 |
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 | $1,325 |
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 | $13,924 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $390 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,709 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $8,782 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $55,849 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $363,723 |
Savings and temporary cash investments | $0 |
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 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $52,227 |
Total assets | $682,329 |
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 | $3 |
Total liabilities | $3 |
Net assets without donor restrictions | $682,326 |
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 |
Total liabilities and net assets/fund balances | $682,326 |
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Us Southwestern Falun Dafa Association El Monte, CA | $4,987,177 | $7,092,763 |
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Northern California Bodhi Dharma Society Milpitas, CA | $3,105,013 | $2,040,834 |
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