Zen Center Of Denver
- Assets
- $3.1m
- Revenue
- $104.6k
- Investments
- $0.0
- Employees
- 1
- Location
- Denver, CO
- Founding
- 11/1991
- Data as of
- 12/2020
- EIN
- 84-1106761
Organization Overview
Zen Center Of Denver is located in Denver, CO. The organization was established in 1991. 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. Zen Center Of Denver 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, Zen Center Of Denver generated $104.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $155.0k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE ZEN CENTER OF DENVER IS TO FOSTER THE TEACHING OF ZEN TO PROVIDE GREATER HARMONY AND PEACE IN ONES OWN LIFE AND THAT OF OTHERS, AND TO PROVIDE SUITABLE SURROUNDINGS IN WHICH TO CARRY THAT OUT.
Describe the Organization's Program Activity:
RENOVATION AND RELOCATION TO THE NEW TEMPLE FOR THE ZEN CENTER CONTINUES. THE BUILDING FACILITATES THE MISSION OF THE ZEN CENTER BY PROVIDING A PERMANENT CONTEMPLATIVE SPACE FOR DAILY MEDITATION AND BUDDHIST RELIGIOUS PRACTICE.
DAILY MEDITATION CLASSES AND MEDITATION RETREATS ARE OFFERED TO LEARN AND LIVE THE ZEN PRACTICE.
RENOVATION AND RELOCATION TO THE NEW TEMPLE FOR THE ZEN CENTER CONTINUES. THE BUILDING FACILITATES THE MISSION OF THE ZEN CENTER BY PROVIDING A PERMANENT CONTEMPLATIVE SPACE FOR DAILY MEDITATION AND BUDDHIST RELIGIOUS PRACTICE.
DAILY MEDITATION CLASSES AND MEDITATION RETREATS ARE OFFERED TO LEARN AND LIVE THE ZEN PRACTICE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Van Treasurer | OfficerTrustee | 2 | $0 |
Yosi Lutwak President | OfficerTrustee | 2 | $0 |
Mark Tasker Director | Trustee | 1 | $0 |
Paige Noon Director | Trustee | 1 | $0 |
Stacey Mcconlogue Director | Trustee | 1 | $0 |
Mark Smothers Director | Trustee | 1 | $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 | $86,331 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $86,331 |
| Total Program Service Revenue | $31,084 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$13,976 |
| 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 | $104,639 |
| 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 | $13,160 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,291 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $7,532 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,938 |
| 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 | $155,032 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,175 |
| Savings and temporary cash investments | $3,484 |
| 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 | $3,000,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,073,659 |
| Accounts payable and accrued expenses | $733 |
| 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 | $468,530 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $469,263 |
| 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 | $2,604,396 |
| Total liabilities and net assets/fund balances | $3,073,659 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Zen Center Of Denver has recieved totaling $128,145.
| Awarding Organization | Amount |
|---|---|
Denver Foundation Denver, CO PURPOSE: FOR GENERAL OPERATING SUPPORT | $100,000 |
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $28,145 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shambhala Mountain Center Red Feather Lakes, CO | $11,185,691 | $3,073,943 |
Pema Chodron Foundation Steamboat Springs, CO | $8,183,827 | $1,930,179 |
Dharma Ocean Foundation Boulder, CO | $4,440,017 | $463,383 |
Big Mind Inc Salt Lake City, UT | $129,616 | $0 |
Jemez Bodhi Mandala Jemez Springs, NM | $1,035,637 | $224,225 |
Durango Sangha Durango, CO | $1,340,803 | $215,566 |
Better Burma Woodland Park, CO | $28,078 | $204,491 |
Midwest Dharma Wheel Contemplative & Healing Arts Inc Lincoln, NE | $539,170 | $210,516 |
Center For Contemplative Research Crestone, CO | $1,992,034 | $672,648 |
Zen Center Of Denver Denver, CO | $3,073,659 | $104,639 |
Diamond Cutter Classics Sedona, AZ | $168,163 | $303,115 |
Azrd Llc Phoenix, AZ | $49,569 | $0 |