Yusheng Xiwangmu Shengdao Foundation
- Assets
- $8.1k
- Revenue
- $5.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Milpitas, CA
- Founding
- 12/2018
- Data as of
- 03/2024
- EIN
- 82-5527819
Organization Overview
Yusheng Xiwangmu Shengdao Foundation is located in Milpitas, CA. The organization was established in 2018. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., 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. Yusheng Xiwangmu Shengdao Foundation 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 03/2024, Yusheng Xiwangmu Shengdao Foundation generated $5.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $1.3k during the year ending 03/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO HOST SEMINARS ON DAOIST STUDIES AND TO PROVIDE MEDITATION LESSONS WITH THE GOALS OF PROMOTING DAOIST PHILOSOPHY, THE CONCEPT OF FORMLESS, THE IMPORTANCE OF BALANCED MIND AND BODY AND AS WELL AS CULTIVATING COMPASSIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HOSTS SEMINARS ON DAOIST STUDIES TO ENHANCE THE STUDY, THE APPLICATION AND THE AWARENESS OF DAOISM WITHIN THE COMMUNIITIES. THE STUDIES WILL EXPLORE THE CONCEPT OF FORMLESS, LIMITLESS ASPECT OF THE UNIVERSE THAT UNDERLIES ALL OF CREATION, THE ACT IN HARMONY WITH THE RHYTHM OF COSMIC FORCE, AND HOW IT RELATES TO BODY AND SELF. THE ORGANIZATION ALSO PROVIDES MEDITATION LESSONS AND BREATHING TECHNIQUEST TO PROMOTE THE IMPORTANCE OF BALANCED MIND AND BODY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kangwei Lai CEO | OfficerTrustee | 5 | $0 |
Alice Lai Secretary | OfficerTrustee | 2 | $0 |
Weijung Chang CFO | OfficerTrustee | 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 | $5,023 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,023 |
| Total Program Service Revenue | $0 |
| Investment income | $28 |
| 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 | $5,051 |
| 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 | $1,000 |
| 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 | $0 |
| Information technology | $289 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,314 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,058 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,058 |
| 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 | -$28 |
| Total liabilities | -$28 |
| 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 | $8,086 |
| Total liabilities and net assets/fund balances | $8,058 |