Civic Intelligence

Vietnamese Buddhist Community Co Lam Temple

990 • Fiscal year 2019 • EIN 05-0561748

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 28, 2020

3503 S Graham StSeattle, WA 98118

(206) 723-4741

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

72nd percentile

0.19x

Higher debt load relative to assets than 72% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

86th percentile

0.50x

Higher debt load relative to revenue than 86% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

47th percentile

2.6%

Higher net margin than 47% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

44th percentile

1.2%

Faster asset growth than 44% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

66th percentile

14%

Faster revenue growth than 66% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$657,216

Up $7,519 (+1.2%) from 2018

Net Assets

Up

$532,716

Up $17,236 (+3.3%) from 2018

Liabilities

Down

$124,500

Down $9,717 (-7.2%) from 2018

Revenue

Up

$248,397

Up $30,509 (+14%) from 2018

Expenses

Up

$241,817

Up $54,659 (+29%) from 2018

Net Income

Down

$6,580

Down $24,150 (-79%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2015: $714,372Liabilities 2015: $306,686Net Assets 2015: $407,6862015Assets 2017: $646,719Liabilities 2017: $231,910Net Assets 2017: $414,8092017Assets 2018: $649,697Liabilities 2018: $134,217Net Assets 2018: $515,4802018Assets 2019: $657,216Liabilities 2019: $124,500Net Assets 2019: $532,7162019Assets 2020: $660,034Liabilities 2020: $115,114Net Assets 2020: $544,9202020Assets 2021: $637,519Liabilities 2021: $105,308Net Assets 2021: $532,2112021Assets 2022: $605,312Liabilities 2022: $94,191Net Assets 2022: $511,1212022Assets 2023: $686,407Liabilities 2023: $83,452Net Assets 2023: $602,9552023Assets 2024: $711,847Liabilities 2024: $73,187Net Assets 2024: $638,6602024

Highlighted filing

2019

Assets$657,216
Liabilities$124,500
Net Assets$532,716

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2015: $329,982Expenses 2015: $293,134Net Income 2015: $36,8482015Revenue 2017: $324,679Expenses 2017: $298,507Net Income 2017: $26,1722017Revenue 2018: $217,888Expenses 2018: $187,158Net Income 2018: $30,7302018Revenue 2019: $248,397Expenses 2019: $241,817Net Income 2019: $6,5802019Revenue 2020: $131,008Expenses 2020: $129,701Net Income 2020: $1,3072020Revenue 2021: $153,346Expenses 2021: $148,204Net Income 2021: $5,1422021Revenue 2022: $226,164Expenses 2022: $261,299Net Income 2022: -$35,1352022Revenue 2023: $310,480Expenses 2023: $212,866Net Income 2023: $97,6142023Revenue 2024: $224,669Expenses 2024: $236,227Net Income 2024: -$11,5582024

Highlighted filing

2019

Revenue$248,397
Expenses$241,817
Net Income$6,580
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 28, 2020
Return Version
2019v5.0
Gross Receipts
$248,397
Mission and Program Overview

Mission

Provide spiritual guidance to vietnamese community

Provide spiritual guidance for individual and religious unification for the vietnamese community

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$555,025$582,745▲ $27,720
Cash and Non-Interest-Bearing Accounts$3,575$57,769▲ $54,194
Savings and Temporary Cash Investments$91,097$16,702▼ $74,395
Total Assets$649,697$657,216▲ $7,519
Liabilities
Mortgage Notes Payable Secured by Investment Property$134,217$124,500▼ $9,717
Total Liabilities$134,217$124,500▼ $9,717
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$515,480$532,716▲ $17,236
Total Net Assets Fund Balance$515,480$532,716▲ $17,236
Total Liabilities and Net Assets / Fund Balance$649,697$657,216▲ $7,519

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$138,430$232,601$371,031
Buildings$164,315$155,488$319,803
Land$280,000-$280,000
Equipment-$25,087$25,087
Compensation and Service Providers

Board Members and Trustees

NameTitle
Thich NguyenanPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$248,397
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$248,397
Change in Net Assets
$6,580
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$241,817
Total Fundraising Expense$36,558
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$109,803--$109,803
Advertising--$36,558$36,558
Other Expenses$27,737--$27,737
Depreciation Depletion$17,280--$17,280
Interest-$9,717-$9,717
Information Technology-$3,797-$3,797
Office Expenses-$1,261-$1,261
Total Functional Expenses$190,484$14,775$36,558$241,817
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Co Lam Temple
EIN
05-0561748
Phone
2067234741
Address
3503 S GRAHAM ST, SEATTLE, WA 98118

Signing Officer

Name
Thich Nguyen an
Title
President
Signed
2020-06-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thich Nguyen an
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
Abacus Tax and Accounting Ll
Address
902 22ND AVE, SEATTLE, WA 98122
Preparer
Diane Lam
Phone
2068987716
Supplemental Narrative

Additional Explanations

Program Expenses Reported on Part IX

Permit/maintenance/misc all other expenses

Raw XML Appendix246 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/AdvertisingGrp/TotalAmt036558
IRS990/AllOtherContributionsAmt0248397
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IRS990/AllOtherExpensesGrp/TotalAmt0109803
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IRS990/CYGrantsAndSimilarPaidAmt00
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IRS990/CYOtherRevenueAmt00
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IRS990/CYSalariesCompEmpBnftPaidAmt00
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IRS990/DAFExcessBusinessHoldingsInd0false
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IRS990/DepreciationDepletionGrp/TotalAmt017280
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IRS990/DescribedInSection501c3Ind0true
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IRS990/EmployeeCnt00
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IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
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IRS990/FSAuditedInd0false
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IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0248397
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03797
IRS990/InformationTechnologyGrp/TotalAmt03797
IRS990/InterestGrp/ManagementAndGeneralAmt09717
IRS990/InterestGrp/TotalAmt09717
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0413176
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0555025
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0582745
IRS990/LandBldgEquipCostOrOtherBssAmt0995921
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
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IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0134217
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IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0515480
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IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01261
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IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherExpensesGrp/Desc1UTILITY
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IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0THICH NGUYEN AN
IRS990/PriorPeriodAdjustmentsAmt010656
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0217888
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0187158
IRS990/PYRevenuesLessExpensesAmt030730
IRS990/PYTotalExpensesAmt0187158
IRS990/PYTotalRevenueAmt0217888
IRS990/ReconcilationRevenueExpnssAmt06580
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt091097
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IRS990ScheduleA/ChurchInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0164315
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0155488
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0319803
IRS990ScheduleD/EquipmentGrp/DepreciationAmt025087
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt025087
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0280000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0280000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0138430
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0232601
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IRS990/ScheduleJRequiredInd0false
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PROGRAM EXPENSES REPORTED ON PART IX
IRS990/SchoolOperatingInd0false
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IRS990/TaxableDistributionsInd0false
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ReturnHeader/BuildTS02020-09-23 17:36:50Z
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ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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