Prajna Education Foundation Incorporated
- Assets
- $2.0k
- Revenue
- $28.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Martinsville, NJ
- Founding
- 11/2019
- Data as of
- 12/2021
- EIN
- 83-3007535
Organization Overview
Prajna Education Foundation Incorporated is located in Martinsville, NJ. The organization was established in 2019. 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. Prajna Education Foundation Incorporated 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, Prajna Education Foundation Incorporated generated $28.4k 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 (56.6%) each year. All expenses for the organization totaled $28.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (56.2%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N A
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
C Hao Trustee | 2 | $0 | |
W Lai Trustee | 12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $28,440 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $28,440 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $441 |
| Total operating and administrative expenses | $441 |
| Contributions, gifts, grants paid | $28,500 |
| Total expenses and disbursements | $28,941 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,015 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,015 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Prajna Education Foundation Incorporated has awarded $52,272 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
WUHO CHAN YUAN PURPOSE: RELIGIOUS UNDER 501(C)(3) | $40,200 |
JINKANG TEMPLE PURPOSE: RELIGIOUS UNDER 501(C)(3) | $10,400 |
Flushing, NY PURPOSE: RELIGIOUS UNDER 501(C)(3) | $900 |
THE BUDDHIST ASSOC OF THE UNITED ST PURPOSE: RELIGIOUS UNDER 501(C)(3) | $672 |
DENAN TEMPLE PURPOSE: RELIGIOUS UNDER 501(C)(3) | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center Of Theological Inquiry Princeton, NJ | $23,024,334 | $1,080,518 |
Kak Hwang Zen Center Flushing, NY | $220,889 | $735,431 |
New York Insight Inc New York, NY | $427,976 | $611,449 |
Dharmakaya Center For Wellbeing Inc Pine Bush, NY | $182,124 | $584,750 |
Won Edification Center Ofpennsylvania Inc Glenside, PA | $5,565,953 | $442,842 |
Dharma Drum Retreat Center Inc Pine Bush, NY | $3,451,513 | $510,345 |
Mongkoltepmunee Buddist Temple Bensalem, PA | $6,198,387 | $527,741 |
Friends Of Dongyu Gatsal Ling Inc Woodbury, NY | $2,289,752 | $560,170 |
Dami Buddhism Association New Hyde Park, NY | $17,601,801 | $5,331,194 |
Danang Foundation Corp Jackson Heights, NY | $1,572,828 | $167,688 |
Khmer Buddhist Humanity Association Inc Philadelphia, PA | $5,074,682 | $1,080,927 |
Kunzang Gatshal Foundation Delhi, NY | $4,395,104 | $390,655 |