North American Sakya World Peace Monlam Foundation Inc is located in Erie, CO. The organization was established in 2017. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North American Sakya World Peace Monlam Foundation Inc 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, North American Sakya World Peace Monlam Foundation Inc generated $18.1k 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 (45.4%) each year. All expenses for the organization totaled $21.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (41.3%) 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
2021
Describe the Organization's Program Activity:
Part 3
TO SUPPORT AND CONDUCT AN ANNUAL MONLAM CEREMONY IN NORTH AMERICA. THE EVENT OCCURS OVER THREE DAYS AND IS ATTENDED BY OVER 5,000 PEOPLE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Khenpo Kunga Sherab President | 2 | $0 | |
Konchok Tenzin Vice President | 2 | $0 | |
Sonam Sangpo Treasurer | 2 | $0 | |
Lodoe Choedar Ass't Treasurer | 2 | $0 | |
Tashi Topgyal Tibetan Secretary | 2 | $0 | |
Tsewang Gyaltsen English Secretary | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $18,094 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $6 |
Total Revenue | $18,100 |
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 | $1,222 |
Other expenses | $20,418 |
Total expenses | $21,640 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $77,785 |
Other assets | $0 |
Total assets | $77,785 |
Total liabilities | $12,941 |
Net assets or fund balances | $64,844 |
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