The Amitabha Foundation Inc
- Assets
- $587.6k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Aptos, CA
- Founding
- 01/1988
- Data as of
- 12/2020
- EIN
- 95-4111288
Organization Overview
The Amitabha Foundation Inc is located in Aptos, CA. The organization was established in 1988. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Amitabha Foundation Inc 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, Amitabha Foundation Inc generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 40.2% each year . All expenses for the organization totaled $1.0m during the year ending 12/2020. While expenses have increased by 36.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE AMITABHA FOUNDATION IS TO ESTABLISH AND MAINTAIN A CENTER THROUGH WHICH INTERESTED INDIVIDUALS CAN PROMOTE THE SURVIVAL AND PROSPERITY OF TIBETAN CULTURE; PROVIDE HUMANITARIAN RELIEF TO TIBETANS WORLDWIDE; LEARN ABOUT TIBETAN ART AND LANGUAGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INDIA PROJECTS: SPONSORSHIP THROUGH THE DRIKUNG CHARITABLE SOCIETY FOR MONKS AND LAY CHILDREN IN SOUTH INDIA. SUPPORTING TEMPLE CONSTRUCTION AND SCHOOLS. SALE OF TIBETAN PRODUCED INCENSE TO BENEFIT MONASTRY.
NEPAL PROJECTS: SPONSORSHIP OF LAY CHILDREN IN NEPAL; CONSTRUCTION AND ORNAMENTATION OF TIBETAN BUDDHIST TEMPLE AND RETREAT CENTER.
TIBETAN PROJECTS: CONSTRUCTION AND ONGOING SUPPORT OF A CLINIC, AMBULANCE, DOCTOR TRAINING, HYGIENE AND SAFE HOME CHILDBIRTH EDUCATION FOR TIBETAN NOMADS.
HAWAII PHOWA COURSE: 10-DAY COURSE TO PREPARE STUDENTS FOR THE CHANGES IN THE BODY AND CONSCIOUSNESS AT THE TIME OF DEATH, ACCORDING TO THE TIBETAN BUDDHIST TRADITION, TO USE THIS TRANSITION AS A TIME TO RECOGNIZE THE TRUE NATURE OF MIND AND ACHIEVE ENLIGHTENMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebekah Loy Director Treasurer Vice Pre | OfficerTrustee | 5 | $0 |
Mark Tayrien Secretary & Managing Director | OfficerTrustee | 1 | $0 |
Roy Robinson President | Officer | 1 | $0 |
John Redfield Director | Trustee | 1 | $0 |
Galo Rinpoche Chariman & Director | Trustee | 1 | $0 |
Le Nguyen 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 | $1,045,828 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,045,828 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | -$174 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,045,654 |
| 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 | $3,305 |
| 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 | $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 | $509 |
| All other expenses | $185,526 |
| Total functional expenses | $1,034,269 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $578,455 |
| 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 | $9,166 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $587,621 |
| 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 | $104,813 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,375 |
| Total liabilities | $106,188 |
| Net assets without donor restrictions | $481,433 |
| 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 | $587,621 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Amitabha Foundation Inc has recieved totaling $21.
| Awarding Organization | Amount |
|---|---|
Chintamani Foundation Aptos, CA PURPOSE: GENERAL DONATIONS/REL CEREMONIES | $21 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eden Investments Inc Hayward, CA | $35,016,313 | $30,534,205 |
Turk Street Inc San Francisco, CA | $36,581,577 | $10,576,295 |
A Community Of Friends Los Angeles, CA | $60,441,352 | $19,454,068 |
Oregon Coast Community Action Coos Bay, OR | $16,109,030 | $18,585,692 |
Abode Communities Los Angeles, CA | $48,420,643 | $18,096,266 |
Habitat For Humanity Portland Metro East Portland, OR | $35,667,707 | $17,313,274 |
Vista Del Monte Affordable Housing Inc Keene, CA | $19,598,964 | $14,888,615 |
Rubicon Programs Inc Richmond, CA | $13,905,498 | $18,401,820 |
Sacramento Self-Help Housing Inc Sacramento, CA | $3,575,796 | $15,208,752 |
The Mortgage Capital Development Company Oakland, CA | $77,426,961 | $21,275,511 |
Century Housing Corporation Culver City, CA | $579,661,365 | $33,491,484 |
Oregon Affordable Housing Assistance Corporation Salem, OR | $27,410,918 | $14,226,353 |