Chua Phap Nghiem Inc
- Assets
- $42.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hampton, VA
- Founding
- 06/2017
- Data as of
- 12/2020
- EIN
- 81-4522819
Organization Overview
Chua Phap Nghiem Inc is located in Hampton, VA. The organization was established in 2017. 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. Chua Phap Nghiem 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 12/2020, Chua Phap Nghiem Inc generated $102.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (17.5%) each year. All expenses for the organization totaled $85.0k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (16.8%) per year over the past 3 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
2020
Describe the Organization's Program Activity:
Part 3
INCREASE MEMBERSHIP
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PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $102,732 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $102,732 |
| 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 | $20,149 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $64,900 |
| Total expenses | $85,049 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,000 |
| Other assets | $0 |
| Total assets | $42,395 |
| Total liabilities | $0 |
| Net assets or fund balances | $42,395 |
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