American Bodhi Center is located in Houston, TX. The organization was established in 2009. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, 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. American Bodhi 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 12/2021, American Bodhi Center generated $286.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.1%) each year. All expenses for the organization totaled $483.9k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
AMERICAN BODHI CENTER IS A MULTIFUNCTIONAL RETREAT CENTER THAT PROMOTES PEACE, MINDFULNESS, AND THE SHARING OF BUDDHIST CULTURE AND IDEAS BETWEEN THE CHINESE-AMERICAN AND OTHER COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STARTALK STUDENT PROGRAM PROVIDES THREE AND HALF WEEK SUMMER COURSES AND 90 HOURS OF INSTRUCTION FOR ELEMENTARY, MIDDLE AND HIGH SCHOOL STUDENTS. THE PROGRAM AIMS TO RAISE THE AWARENESS OF AND STIMULATE STUDENTS INTEREST IN LEARNING CHINESE LANGUAGE AND CULTURE.
BUDDHIST YOUTH CAMP PROVIDES FOUR DAYS COURSES AND ADULT CAMP. THE PROGRAM AIMS TO PURIFY THOUGHT AND BODY, HELP YOUNG PEOPLE EXPLORE BUDDHISM AND GROW IN WISDOM AND SELF-ESTEEM. THIS PROGRAM WAS TEMPORARILY STOPPED IN 2021.
RETREAT PROGRAM IS CONDUCTED BY VEN. KATAPUNNO AND CONSISTS OF SITTING AND WALKING MEDITATION FOLLOWED BY DHARMA TALK & DISCUSSION. THIS PROGRAM WAS TEMPORARILY STOPPED IN 2021.
OTHER ACTIVITIES TO SUPPORT EXEMPT PURPOSE, SUCH AS ORGANIC GARDEN TOUR, SCHOLARSHIP AND SOME OTHER SPECIAL EVENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ven Hung I Shih President | OfficerTrustee | 20 | $0 |
Caterina Ng Treasury | OfficerTrustee | 20 | $0 |
William Yeh Secretary | OfficerTrustee | 20 | $0 |
Willy Lin General Manager | OfficerTrustee | 40 | $0 |
Sansu Chiang Director | Trustee | 20 | $0 |
Lisa Lo Director | Trustee | 15 | $0 |
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 | $205,704 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $205,704 |
Total Program Service Revenue | $80,162 |
Investment income | $71 |
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 | $286,537 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
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 | $500 |
Fees for services: Accounting | $895 |
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 | $0 |
Royalties | $0 |
Occupancy | $4,495 |
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 | $183,465 |
Insurance | $42,793 |
All other expenses | $241,165 |
Total functional expenses | $483,883 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,629 |
Savings and temporary cash investments | $568,402 |
Pledges and grants receivable | $702 |
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 | $3,656,179 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,233,912 |
Accounts payable and accrued expenses | $2,000 |
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 | $78,000 |
Other liabilities | $0 |
Total liabilities | $80,000 |
Net assets without donor restrictions | $4,153,912 |
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 | $0 |
Total liabilities and net assets/fund balances | $4,233,912 |
Over the last fiscal year, we have identified 1 grants that American Bodhi Center has recieved totaling $6,000.
Awarding Organization | Amount |
---|---|
Dennis Ming-Hong Chen Foundation Sugar Land, TX PURPOSE: RELIGIOUS ACTIVITIES AND BUILDING FUND | $6,000 |
Organization Name | Assets | Revenue |
---|---|---|
John G & Marie Stella Kenedy Memorial Foundation Corpus Christi, TX | $364,888,417 | $75,089,891 |
Gods Healthy Place Inc Fort Worth, TX | $0 | $0 |
First Methodist Church Of Fort Worth Foundation Inc Fort Worth, TX | $97,113,260 | $7,597,400 |
Mary R Gallaspy Charitable Trust No One Monroe, LA | $16,837,410 | $596,346 |
Catholic Foundation Of Oklahoma Inc Oklahoma City, OK | $82,819,268 | $6,647,191 |
Park Cities Presbyterian Church Foundation Dallas, TX | $2,207,492 | $1,215,742 |
Your Harvest House Burleson, TX | $1,051,962 | $1,972,586 |
Bethlehem Bible Co Inc New Braunfels, TX | $672,488 | $1,302,204 |
Sja Foundation Baton Rouge, LA | $11,583,947 | $2,001,512 |
St Pauls Methodist Foundation Of Houston Houston, TX | $29,200,178 | $3,302,666 |
Sacred Arts Foundation Cedar Crest, NM | $282,030 | $988,067 |
Endowment Foundation First United Presbyterian Church Albuquerque Albuquerque, NM | $14,946,986 | -$140,979 |