Civic Intelligence

The Bhutan Foundation

990 • Fiscal year 2021 • EIN 13-3376290

Jul 01, 2020 to Jun 30, 2021 • Filed on Apr 22, 2022

Organization Profilebhutanfound.org
66013 1050 Connecticut Ave NWWashington, DC 20035

(202) 609-7363

Siviq Scores

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

Liabilities / Assets

66th percentile

0.19x

Higher debt load relative to assets than 66% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

65th percentile

0.21x

Higher debt load relative to revenue than 65% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

45th percentile

10%

Higher net margin than 45% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

87th percentile

$164,861

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

10th percentile

-7.7%

Faster asset growth than 10% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

21st percentile

-9.5%

Faster revenue growth than 21% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets66th percentile

Assets

Down

$4,490,287

Down $375,355 (-7.7%) from 2020

Net Assets

Up

$3,640,846

Up $416,825 (+13%) from 2020

Liabilities

Down

$849,441

Down $792,180 (-48%) from 2020

Revenue And Expenses
Liabilities / Revenue65th percentileNet Margin45th percentile

Revenue

Down

$4,142,395

Down $437,203 (-9.5%) from 2020

Expenses

Up

$3,725,570

Up $367,508 (+11%) from 2020

Net Income

Down

$416,825

Down $804,711 (-66%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $475,961Liabilities 2011: $13,356Net Assets 2011: $462,6052011Assets 2012: $895,282Liabilities 2012: $4,555Net Assets 2012: $890,7272012Assets 2013: $1,045,163Liabilities 2013: $16,436Net Assets 2013: $1,028,7272013Assets 2014: $1,535,353Liabilities 2014: $17,912Net Assets 2014: $1,517,4412014Assets 2015: $1,742,699Liabilities 2015: $4,938Net Assets 2015: $1,737,7612015Assets 2016: $1,675,627Liabilities 2016: $7,812Net Assets 2016: $1,667,8152016Assets 2017: $2,043,657Liabilities 2017: $130,605Net Assets 2017: $1,913,0522017Assets 2018: $1,982,741Liabilities 2018: $85,120Net Assets 2018: $1,897,6212018Assets 2019: $2,088,381Liabilities 2019: $85,896Net Assets 2019: $2,002,4852019Assets 2020: $4,865,642Liabilities 2020: $1,641,621Net Assets 2020: $3,224,0212020Assets 2021: $4,490,287Liabilities 2021: $849,441Net Assets 2021: $3,640,8462021Assets 2022: $6,119,919Liabilities 2022: $327,037Net Assets 2022: $5,792,8822022Assets 2023: $6,019,468Liabilities 2023: $131,615Net Assets 2023: $5,887,8532023Assets 2024: $5,755,203Liabilities 2024: $111,201Net Assets 2024: $5,644,0022024

Highlighted filing

2021

Assets$4,490,287
Liabilities$849,441
Net Assets$3,640,846
Open 2021 Filing

Operations Trend

Revenue Growth21st percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,480,257Expenses 2011: $1,578,891Net Income 2011: -$98,6342011Revenue 2012: $1,711,983Expenses 2012: $1,283,365Net Income 2012: $428,6182012Revenue 2013: $1,678,027Expenses 2013: $1,549,428Net Income 2013: $128,5992013Revenue 2014: $2,155,382Expenses 2014: $1,671,826Net Income 2014: $483,5562014Revenue 2015: $2,115,247Expenses 2015: $1,894,946Net Income 2015: $220,3012015Revenue 2016: $2,420,729Expenses 2016: $2,508,143Net Income 2016: -$87,4142016Revenue 2017: $2,573,567Expenses 2017: $2,292,112Net Income 2017: $281,4552017Revenue 2018: $2,877,790Expenses 2018: $3,148,221Net Income 2018: -$270,4312018Revenue 2019: $3,902,758Expenses 2019: $3,797,894Net Income 2019: $104,8642019Revenue 2020: $4,579,598Expenses 2020: $3,358,062Net Income 2020: $1,221,5362020Revenue 2021: $4,142,395Expenses 2021: $3,725,570Net Income 2021: $416,8252021Revenue 2022: $6,721,082Expenses 2022: $4,569,046Net Income 2022: $2,152,0362022Revenue 2023: $4,999,142Expenses 2023: $4,901,670Net Income 2023: $97,4722023Revenue 2024: $4,302,332Expenses 2024: $4,546,183Net Income 2024: -$243,8512024

Highlighted filing

2021

Revenue$4,142,395
Expenses$3,725,570
Net Income$416,825
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Apr 22, 2022
Return Version
2020v4.2
Gross Receipts
$4,142,395
Mission and Program Overview

Mission

The Bhutan Foundation's mission is to help improve the quality of life of the Bhutanese people by enabling its citizens to pursue activities that benefit Bhutanese society and to increase awareness of Bhutan and its culture in the United States.

The bhutan foundation s mission is to help improve the quality of life of the bhutanese people by enabling its citizens to pursue activities that benefit bhutanese society and to increase awareness of bhutan and its culture in the united states

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,146,135$2,601,009▲ $454,874
Savings and Temporary Cash Investments$1,001,515$1,002,020▲ $505
Prepaid Expenses and Deferred Charges$1,473,045$583,909▼ $889,136
Pledges and Grants Receivable$213,290$269,534▲ $56,244
Land, Buildings, and Equipment, Net$31,657$33,815▲ $2,158
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$4,865,642$4,490,287▼ $375,355
Liabilities
Deferred Revenue$1,471,191$583,456▼ $887,735
Accounts Payable and Accrued Expenses$65,430$160,985▲ $95,555
Unsecured Notes Loans Payable$105,000$105,000→ $0
Total Liabilities$1,641,621$849,441▼ $792,180
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,090,730$2,257,913▲ $167,183
Net Assets With Donor Restrictions$1,133,291$1,382,933▲ $249,642
Total Net Assets Fund Balance$3,224,021$3,640,846▲ $416,825
Total Liabilities and Net Assets / Fund Balance$4,865,642$4,490,287▼ $375,355

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$17,080-
Equipment$14,385$55,793-
Leasehold Improvements$19,430$14,842-
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tshewang WangchukExecutive DirectorFT$134,191$30,670$164,861

Board Members and Trustees

NameTitle
Michael PhilippCo Chair
Tshering Pem WangchuckCo Chair
Bruce BuntingPresident
Lucy GoeletVice President
Daphne Hoch CunninghamMember
David HulseMember
Doma TsheringMember
Donna MarshallMember
Douglas HamiltonMember
Eric LemelsonMember
Jane HancockMember
Karma TshosarMember
Robert BlakeMember
Rosemary PhelanMember
Sonam OngmoMember
Sukey WagnerMember
William TaconMember
Brian MenkesSecretary
Michael MarsSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$4,140,465
Program Service Revenue
$0
Investment Income
$1,399
Other Revenue
$531
All Other Contributions
$2,287,584
Change in Net Assets
$416,825

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,142,395
Revenue Not Reported on Form 990
$145,482
Total Revenue per Audited Statements
$4,287,877
Total Revenue per Form 990
$4,142,395
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,827,811
Salaries, Compensation, and Employee Benefits$701,929
Total Fundraising Expense$175,618
Other Expenses$150,830
Professional Fundraising Fees$45,000

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$1,933,829--$1,933,829
Grants to Domestic Orgs$893,982--$893,982
Other Salaries and Wages$224,307$60,771$105,286$390,364
Current Officers, Directors, Trustees, and Key Employees$104,528$13,430$16,233$134,191
Other Employee Benefits$150,350$-27,973$925$123,302
Office Expenses$10,556$31,861$5,146$47,563
Fees for Services Professional Fundraising--$45,000$45,000
Payroll Taxes$-832$39,474-$38,642
Fees for Services Accounting$145$33,662-$33,807
Fees for Services Other$30,966$-5,950-$25,016
Pension Plan Contributions$-1,187$16,617-$15,430
Information Technology$541$12,037$2,369$14,947
Depreciation Depletion-$10,537-$10,537
Travel$5,439$2,124$659$8,222
Insurance-$5,382-$5,382
Occupancy-$2,455-$2,455
Conferences and Meetings$1,168$717-$1,885
Advertising-$494-$494
Other Expenses$-1$76-$76
Total Functional Expenses$3,353,994$195,958$175,618$3,725,570

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,871,052
Expenses per Audited Statements$3,725,570
Total Expenses per Form 990$3,725,570
Expenses Not Reported on Form 990$145,482
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Massachusetts Institute of TechnologyCambridge, MA501(c)(3)Stem Development$893,982

International Summary

Employees
0

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$45,000
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Section B, Line 11B

“The 990 is reviewed by the management, executive director, treasurer, and/or accountant prior to filing. The 990 is also shared with the finance committee of the board upon submission.”

Part VI, Section B, Line 12C

“The bhutan foundations conflict of interest policy requires that all officers, directors, and key employees disclose any conflicts of interest. The foundation keeps a copy of the conflict of interest disclosures and requires that all officers, directors, and key employees review and update the disclosure at the annual board meeting.”

Part VI, Section B, Line 15A

“The compensation of the executive director and key employees is determined and approved by the finance committee of the board. The finance committee makes sure that pay is competitive and comparable to other nonprofits organizations of similar size based in washington dc area by reviewing the guidestar nonprofit compensation and similar reports.”

Part VI, Section C, Line 19

“The bhutan foundation makes governing documents and conflict of interest policies available upon request. 990s are shared with grantors, and financial statements are published in the foundations annual reports.”

Filing and Contact Details

Filer

Filer Name
The Bhutan Foundation
EIN
13-3376290
Phone
2026097363
Address
66013 1050 CONNECTICUT AVE NW, WASHINGTON, DC 20035

Signing Officer

Name
Tshewang Wangchuk
Title
Executive Director
Phone
2026097363
Signed
2022-04-22

Organization Details

Principal Officer
Tshewang Wangchuk
Formed
1986
Legal Domicile
De
Voting Board Members
20
Independent Board Members
19
Employees
5
Volunteers
8

Preparer

Firm
Thrive Advisory Solutions LLC
Address
2191 EBENEZER RD UNIT 36983, ROCK HILL, SC 29732
Preparer
Nicholas a Cunningham
Phone
8036204255
Supplemental Narrative

Financial Statement Notes

Part XI, line 4B

“In kind contributions professional services and donation of in kind medical supplies”

Part XII, line 4B

“AUDIT AUDJUSTMENTS”

Raw XML AppendixShowing 400 of 793 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.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CO CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10CO CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt15MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20MEMBER
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IRS990/FormationYr01986
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GovernmentGrantsAmt01852881
IRS990/GrantAmt0590280
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0893982
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0893982
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04142395
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt019
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt02369
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt012037
IRS990/InformationTechnologyGrp/ProgramServicesAmt0541
IRS990/InformationTechnologyGrp/TotalAmt014947
IRS990/InsuranceGrp/ManagementAndGeneralAmt05382
IRS990/InsuranceGrp/TotalAmt05382
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01399
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01399
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt087715
IRS990/LandBldgEquipBasisNetGrp/BOYAmt031657
IRS990/LandBldgEquipBasisNetGrp/EOYAmt033815
IRS990/LandBldgEquipCostOrOtherBssAmt0121530
IRS990/LegalDomicileStateCd0DE
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0531
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0531
IRS990/MissionDesc0THE NBSP;BHUTAN NBSP;FOUNDATION NBSP;S NBSP;MISSION NBSP;IS NBSP;TO NBSP;HELP NBSP;IMPROVE NBSP;THE NBSP;QUALITY NBSP;OF NBSP;LIFE NBSP;OF NBSP;THE NBSP;BHUTANESE NBSP;PEOPLE NBSP;BY NBSP;ENABLING NBSP;ITS NBSP;CITIZENS NBSP;TO NBSP;PURSUE NBSP;ACTIVITIES NBSP;THAT NBSP;BENEFIT NBSP;BHUTANESE NBSP;SOCIETY NBSP;AND NBSP;TO NBSP;INCREASE NBSP;AWARENESS NBSP;OF NBSP;BHUTAN NBSP;AND NBSP;ITS NBSP;CULTURE NBSP;IN NBSP;THE NBSP;UNITED NBSP;STATES
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd01
IRS990/NetAssetsOrFundBalancesBOYAmt03224021
IRS990/NetAssetsOrFundBalancesEOYAmt03640846
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02090730
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02257913
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt02455
IRS990/OccupancyGrp/TotalAmt02455
IRS990/OfficeExpensesGrp/FundraisingAmt05146
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt031861
IRS990/OfficeExpensesGrp/ProgramServicesAmt010556
IRS990/OfficeExpensesGrp/TotalAmt047563
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0925
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0-27973
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0150350
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0123302
IRS990/OtherExpensesGrp/Desc0INVESTMENT AND EXCHANGE GAIN OR LOSS
IRS990/OtherExpensesGrp/Desc1STAFF TRAINING
IRS990/OtherExpensesGrp/Desc2DIFFERENCE IN ROUNDING
IRS990/OtherExpensesGrp/Desc3OTHER
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt022
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1227
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2-5
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt376
IRS990/OtherExpensesGrp/ProgramServicesAmt0-16
IRS990/OtherExpensesGrp/ProgramServicesAmt1219
IRS990/OtherExpensesGrp/ProgramServicesAmt2-1
IRS990/OtherExpensesGrp/TotalAmt06
IRS990/OtherExpensesGrp/TotalAmt1446
IRS990/OtherExpensesGrp/TotalAmt2-6
IRS990/OtherExpensesGrp/TotalAmt376
IRS990/OtherRevenueTotalAmt0531
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0105286
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt060771
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0224307
IRS990/OtherSalariesAndWagesGrp/TotalAmt0390364
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt039474
IRS990/PayrollTaxesGrp/ProgramServicesAmt0-832
IRS990/PayrollTaxesGrp/TotalAmt038642
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt016617
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0-1187
IRS990/PensionPlanContributionsGrp/TotalAmt015430
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0213290
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0269534
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01473045
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0583909
IRS990/PrincipalOfficerNm0TSHEWANG WANGCHUK
IRS990/ProfessionalFundraisingInd01
IRS990/ProgSrvcAccomActy2Grp/Desc0ENVIRONMENT - THE BHUTAN FOUNDATION SUPPORTS PROGRAMS IN BHUTAN THAT PROMOTE CONSERVATION OF THE ENVIRONMENT. CONSERVATION PROGRAMS ARE FOCUSED ON SPECIES CONSERVATION SUCH AS THE TIGER CONSERVATION PROGRAM AND SNOW LEOPARD CONSERVATION PROGRAM.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0203951
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0153667
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0286150
IRS990/ProgSrvcAccomActy3Grp/Desc0THE BHUTAN FOUNDATION SUPPORTS PROGRAMS IN BHUTAN THAT PROMOTE PRESERVATION AND PROMOTION OF BHUTANS CULTURE. OUR MOST SIGNIFICANT CULTURAL PROJECT IS THE RESTORATION AND ADAPTIVE REUSE OF THE WANGDUECHOLING PALACE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0316949
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0297631
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0370298
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE BHUTAN FOUNDATION SUPPORTS PROGRAMS IN BHUTAN THAT PROMOTE SUSTAINABLE AND EQUITABLE DEVELOPMENT, PRIMARILY IN THE AREAS OF HEALTH, EDUCATION, AND INCOME GENERATING PROGRAMS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt01987646
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt01784913
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt02006739
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYContributionsGrantsAmt04568524
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt02372458
IRS990/PYInvestmentIncomeAmt010520
IRS990/PYOtherExpensesAmt0252684
IRS990/PYOtherRevenueAmt0554
IRS990/PYRevenuesLessExpensesAmt01221536
IRS990/PYSalariesCompEmpBnftPaidAmt0707487
IRS990/PYTotalExpensesAmt03358062
IRS990/PYTotalProfFndrsngExpnsAmt025433
IRS990/PYTotalRevenueAmt04579598
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0416825
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0686253
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01001515
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01002020
IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt00
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt00
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt00
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04140465
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04568524
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03882777

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,490,287
Liabilities
$849,441
Net assets
$3,640,846
Revenue
$4,142,395
Expenses
$3,725,570
Net income
$416,825
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.76$0.11$5.64$4.30$4.55$0.24
2023Detailed filing. Detailed filing data is available for this year.$6.02$0.13$5.89$5.00$4.90$0.10
2022Detailed filing. Detailed filing data is available for this year.$6.12$0.33$5.79$6.72$4.57$2.15
2021Detailed filing. Detailed filing data is available for this year.$4.49$0.85$3.64$4.14$3.73$0.42
2020Detailed filing. Detailed filing data is available for this year.$4.87$1.64$3.22$4.58$3.36$1.22
2019Detailed filing. Detailed filing data is available for this year.$2.09$0.09$2.00$3.90$3.80$0.10
2018Detailed filing. Detailed filing data is available for this year.$1.98$0.09$1.90$2.88$3.15$0.27
2017Detailed filing. Detailed filing data is available for this year.$2.04$0.13$1.91$2.57$2.29$0.28
2016Detailed filing. Detailed filing data is available for this year.$1.68$0.01$1.67$2.42$2.51$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.74$0.00$1.74$2.12$1.89$0.22
2014Summary only. Only limited summary data is available for this year.$1.54$0.02$1.52$2.16$1.67$0.48
2013Summary only. Only limited summary data is available for this year.$1.05$0.02$1.03$1.68$1.55$0.13
2012Summary only. Only limited summary data is available for this year.$0.90$0.00$0.89$1.71$1.28$0.43
2011Summary only. Only limited summary data is available for this year.$0.48$0.01$0.46$1.48$1.58$0.10