Civic Intelligence

Vietnamese Buddhist Community Co Lam Temple

990 • Fiscal year 2020 • EIN 05-0561748

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 24, 2021

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

67th percentile

0.17x

Higher debt load relative to assets than 67% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

89th percentile

0.88x

Higher debt load relative to revenue than 89% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

40th percentile

1.0%

Higher net margin than 40% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

35th percentile

0.4%

Faster asset growth than 35% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

11th percentile

-47%

Faster revenue growth than 11% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$660,034

Up $2,818 (+0.4%) from 2019

Net Assets

Up

$544,920

Up $12,204 (+2.3%) from 2019

Liabilities

Down

$115,114

Down $9,386 (-7.5%) from 2019

Revenue

Down

$131,008

Down $117,389 (-47%) from 2019

Expenses

Down

$129,701

Down $112,116 (-46%) from 2019

Net Income

Down

$1,307

Down $5,273 (-80%) from 2019

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

2020

Assets$660,034
Liabilities$115,114
Net Assets$544,920

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

2020

Revenue$131,008
Expenses$129,701
Net Income$1,307
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 24, 2021
Return Version
2020v4.0
Gross Receipts
$131,008
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$582,745$565,032▼ $17,713
Cash and Non-Interest-Bearing Accounts$57,769$78,291▲ $20,522
Savings and Temporary Cash Investments$16,702$16,711▲ $9
Total Assets$657,216$660,034▲ $2,818
Liabilities
Mortgage Notes Payable Secured by Investment Property$124,500$115,114▼ $9,386
Total Liabilities$124,500$115,114▼ $9,386
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$532,716$544,920▲ $12,204
Total Net Assets Fund Balance$532,716$544,920▲ $12,204
Total Liabilities and Net Assets / Fund Balance$657,216$660,034▲ $2,818

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$128,917$242,114$371,031
Buildings$156,115$163,688$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
$131,008
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$131,008
Change in Net Assets
$1,307
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$129,701
Total Fundraising Expense$26,205
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$28,990$3,375-$32,365
Advertising--$26,205$26,205
Other Expenses$23,093--$23,093
Depreciation Depletion$17,713--$17,713
Interest-$10,455-$10,455
Insurance-$4,799-$4,799
Office Expenses-$3,218-$3,218
Total Functional Expenses$81,649$21,847$26,205$129,701
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
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
Address
3503 S GRAHAM ST, SEATTLE, WA 98118

Signing Officer

Name
Thich Nguyen an
Title
President
Signed
2021-04-24
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,license,repair,maint.,equip.,misc.,medical insurance

Raw XML Appendix243 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/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0131008
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt04799
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IRS990/InterestGrp/ManagementAndGeneralAmt010455
IRS990/InterestGrp/TotalAmt010455
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0430889
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0582745
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IRS990/LandBldgEquipCostOrOtherBssAmt0995921
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
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IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0124500
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IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
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IRS990/PartialLiquidationInd0false
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IRS990/PrincipalOfficerNm0THICH NGUYEN AN
IRS990/PriorPeriodAdjustmentsAmt010897
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IRS990/PYContributionsGrantsAmt0248397
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IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt016702
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IRS990ScheduleA/ChurchInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd0false
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PROGRAM EXPENSES REPORTED ON PART IX
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ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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