Thien Ton Meditation Center
- Assets
- $138.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sacramento, CA
- Founding
- 10/2017
- Data as of
- 12/2020
- EIN
- 81-4718323
Organization Overview
Thien Ton Meditation Center is located in Sacramento, CA. 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. Thien Ton Meditation Center 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, Thien Ton Meditation Center generated $96.8k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $33.8k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (9.3%) per year over the past 4 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
TO PRESERVE PRAY & MEDITATION THAT PEACE OF MIND, CHANGE YOUR THOUGHTS , CHANGE YOUR LIFE, CHANGE THE WORLD AND HELP PEOPLES HIGHLY EFFECTIVE TO IMPROVE HEALTH.TO ESTABLISH A MEDITATION CENTER (THIEN TON MEDITATION CENTER) WHERE IN THE ABOVE WILL OCCUR. TO PUBLIC OR SUPPORT THE PUBLISING AND ABORD THE TRUE PLAN OF SALVATION. TO PROVIDE RULES OF MEDITATION CENTER TO CODUCT BASED ON THE WORD OF MEDITATION CENTER FOR OUR CONGREGATION AND A SMALL BUSINESS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jesse Hoang Administration | 15 | $0 | |
Lap Hoang President CEO | 40 | $0 | |
Loi Quang Tran Youth Center | 15 | $0 | |
Lynn Tran Accounting | 5 | $0 | |
Hang Tran Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,769 |
| 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 | $96,769 |
| 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 | $0 |
| Other expenses | $33,819 |
| Total expenses | $33,819 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $79,691 |
| Other assets | $0 |
| Total assets | $138,926 |
| Total liabilities | $0 |
| Net assets or fund balances | $138,926 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Thien Ton Meditation Center has recieved totaling $59,630.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $29,815 |
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $29,815 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Francisco Falun Buddha Study Association San Jose, CA | $6,296,319 | $14,265,205 |
Khyentse Foundation San Francisco, CA | $60,349,679 | $7,362,261 |
Vietnanese Buddhist Meditation Congregation Inc Bonsall, CA | $9,161,110 | $5,723,304 |
Tribe Media Corp Los Angeles, CA | $548,666 | $3,414,428 |
Bukkyo Dendo Kyokai America Inc Moraga, CA | $12,018,243 | $1,744,603 |
Us Southwestern Falun Dafa Association El Monte, CA | $4,987,177 | $7,092,763 |
Buddhist Churches Of America-Endow San Francisco, CA | $48,222,934 | $3,035,371 |
Northern California Bodhi Dharma Society Milpitas, CA | $3,105,013 | $2,040,834 |
Dhammakaya International Meditation Center Azusa, CA | $17,013,433 | $1,779,242 |
Hong Shin Buddhist Center Chino, CA | $23,393,639 | $3,179,818 |
Against The Stream Buddhist Meditation Society Los Angeles, CA | $400,066 | $1,319,745 |
Bat Nha Meditation Institute Of America Santa Ana, CA | $4,101,645 | $975,241 |