Civic Intelligence

American Buddhist Study Center Inc.

990EZ • Fiscal year 2020 • EIN 13-4084178

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 03, 2021

Organization ProfileWWW.AMERICANBUDDHISTSTUDYCENTER.ORG
638 E Chancery LaneGalloway, NJ 08205

(212) 864-7424

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.00x

Higher debt load relative to assets than 63% of similar nonprofits.

2020 filings • NTEE X • <$500k nonprofits • Source year 2020

Liabilities / Revenue

63rd percentile

0.00x

Higher debt load relative to revenue than 63% of similar nonprofits.

2020 filings • NTEE X • <$500k nonprofits • Source year 2020

Net Margin

57th percentile

12%

Higher net margin than 57% of similar nonprofits.

2020 filings • NTEE X • <$500k nonprofits • Source year 2020

Top Officer Pay

83rd percentile

$15,317

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 37.5% of source-year revenue.

2020 filings • NTEE X • <$500k nonprofits • Source year 2020

Asset Growth

22nd percentile

-17%

Faster asset growth than 22% of similar nonprofits.

2020 filings • NTEE X • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

50th percentile

-9.1%

Faster revenue growth than 50% of similar nonprofits.

2020 filings • NTEE X • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Down

$11,757

Down $2,403 (-17%) from 2019

Net Assets

Up

$11,707

Up $4,836 (+70%) from 2019

Liabilities

Down

$50

Down $7,239 (-99%) from 2019

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin57th percentile

Revenue

Down

$40,861

Down $4,106 (-9.1%) from 2019

Expenses

Down

$36,025

Down $6,623 (-16%) from 2019

Net Income

Up

$4,836

Up $2,517 (+109%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

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

$100K$50K$0Assets 2010: $29,308Net Assets 2010: $29,3082010Assets 2011: $55,409Net Assets 2011: $55,4092011Assets 2012: $81,999Net Assets 2012: $81,9992012Assets 2013: $60,467Net Assets 2013: $60,4672013Assets 2014: $25,479Net Assets 2014: $25,4792014Assets 2015: $8,744Liabilities 2015: $442Net Assets 2015: $8,3022015Assets 2016: $16,461Liabilities 2016: $9,054Net Assets 2016: $7,4072016Assets 2017: $12,507Liabilities 2017: $920Net Assets 2017: $11,5872017Assets 2018: $9,231Liabilities 2018: $4,679Net Assets 2018: $4,5522018Assets 2019: $14,160Liabilities 2019: $7,289Net Assets 2019: $6,8712019Assets 2020: $11,757Liabilities 2020: $50Net Assets 2020: $11,7072020Assets 2021: $12,305Liabilities 2021: $464Net Assets 2021: $11,8412021Assets 2022: $27,859Liabilities 2022: $1,698Net Assets 2022: $26,1612022Assets 2023: $49,763Liabilities 2023: $931Net Assets 2023: $48,8322023Assets 2024: $31,167Liabilities 2024: $3,171Net Assets 2024: $27,9962024

Highlighted filing

2020

Assets$11,757
Liabilities$50
Net Assets$11,707
Open 2020 Filing

Operations Trend

Revenue Growth50th percentile

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

$100K$50K$0-$50KRevenue 2010: $16,344Expenses 2010: $35,214Net Income 2010: -$18,8702010Revenue 2011: $68,287Expenses 2011: $42,186Net Income 2011: $26,1012011Revenue 2012: $68,482Expenses 2012: $41,892Net Income 2012: $26,5902012Revenue 2013: $22,393Expenses 2013: $43,925Net Income 2013: -$21,5322013Revenue 2014: $56,171Expenses 2014: $91,159Net Income 2014: -$34,9882014Revenue 2015: $31,248Expenses 2015: $48,425Net Income 2015: -$17,1772015Revenue 2016: $34,588Expenses 2016: $35,483Net Income 2016: -$8952016Revenue 2017: $52,245Expenses 2017: $48,065Net Income 2017: $4,1802017Revenue 2018: $51,368Expenses 2018: $58,403Net Income 2018: -$7,0352018Revenue 2019: $44,967Expenses 2019: $42,648Net Income 2019: $2,3192019Revenue 2020: $40,861Expenses 2020: $36,025Net Income 2020: $4,8362020Revenue 2021: $48,706Expenses 2021: $48,572Net Income 2021: $1342021Revenue 2022: $66,027Expenses 2022: $51,707Net Income 2022: $14,3202022Revenue 2023: $81,532Expenses 2023: $58,861Net Income 2023: $22,6712023Revenue 2024: $38,601Expenses 2024: $59,437Net Income 2024: -$20,8362024

Highlighted filing

2020

Revenue$40,861
Expenses$36,025
Net Income$4,836
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 3, 2021
Return Version
2020v4.0
Gross Receipts
$44,144
Mission and Program Overview

Mission

Promote the philosphy of buddhism

Program Services

DescriptionGrantsExpenses
TO PROVIDE A CENTER TO PROMOTE MUTUAL EXCHANGE OF INFORMATION AND A REFERENCE CENTER WITH TEXTBOOKS, SCRIPTURES AND SUTRAS TO PROMOTE BUDDHISM.-$31,296
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
HOSHINA SEKIPresidentPT$15,317-$15,317
JOSEPHINE SEKIVice Pres.-$0--
DR GORDON BERMANTDirector-$0--
GARY JASKULADirector-$0--
MARK SULLIVANDirector-$0--
Filing and Contact Details

Filer

Filer Name
American Buddhist Study Center Inc
EIN
13-4084178
Phone
2128647424
Address
638 E CHANCERY LANE, GALLOWAY, NJ 08205

Signing Officer

Name
Hoshina Seki
Title
President
Phone
2128647424
Signed
2021-06-03
Discuss with paid preparer
Yes

Preparer

Firm
Victor J Cannistra CPA Pc
Address
43 KENSICO DRIVE 2ND FLOOR, MOUNT KISCO, NY 10549-1009
Preparer
Victor J Cannistra CPA
Phone
9142413605
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses promotions 705 bank charges 355 book purchases 292 office 993 telephone 2,553 filing fee & misc. 50 internet 1,595 computer 2,453 local travel 2,137 other travel 622 conf, symposiums, meetings 40 refreshments & meals 423 insurance 311 contributions 60 total 12,589”

Form 990-ez, Part II, Line 24

“Computers & equipment 5,136 5,136 less accumulated depreciation 5,136 5,136 total 0 0”

Form 990-ez, Part II, Line 26

“Due american express 2,289 50 due cleveland buddhist study center 5,000 0”

Raw XML Appendix157 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0HOSHINA SEKI
CompensationExplanation/CompensationExplanationGrp/PersonNm1JOSEPHINE SEKI
CompensationExplanation/CompensationExplanationGrp/PersonNm2DR GORDON BERMANT
CompensationExplanation/CompensationExplanationGrp/PersonNm3GARY JASKULA
CompensationExplanation/CompensationExplanationGrp/PersonNm4MARK SULLIVAN
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0HOSHINA SEKI
IRS990EZ/BooksInCareOfDetail/PhoneNum02128647424
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0638 E CHANCERY LANE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GALLOWAY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd008205
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt014160
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt011757
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt029245
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt04836
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt017098
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt014160
IRS990EZ/Form990TotalAssetsGrp/EOYAmt011757
IRS990EZ/FundraisingGrossIncomeAmt06180
IRS990EZ/GrossReceiptsAmt044144
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt07215
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt06871
IRS990EZ/NetAssetsOrFundBalancesEOYAmt011707
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt06871
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt011707
IRS990EZ/OccupancyRentUtltsAndMaintAmt03420
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt030.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt015317
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0HOSHINA SEKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOSEPHINE SEKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DR GORDON BERMANT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3GARY JASKULA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MARK SULLIVAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRES.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt012589
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE THE PHILOSPHY OF BUDDHISM
IRS990EZ/PrintingPublicationsPostageAmt02918
IRS990EZ/ProgramServiceRevenueAmt01504
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE A CENTER TO PROMOTE MUTUAL EXCHANGE OF INFORMATION AND A REFERENCE CENTER WITH TEXTBOOKS, SCRIPTURES AND SUTRAS TO PROMOTE BUDDHISM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt031296
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt03283
IRS990EZ/SpecialEventsNetIncomeLossAmt02897
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt07289
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt050
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt036025
IRS990EZ/TotalProgramServiceExpensesAmt031296
IRS990EZ/TotalRevenueAmt040861
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.AMERICANBUDDHISTSTUDYCENTER.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt029245
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt032536
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt040689
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt036246
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt031216
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0169932
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt06
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt016
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt072371
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99990
IRS990ScheduleA/PublicSupportPY170Pct00.99980
IRS990ScheduleA/PublicSupportTotal170Amt0169932
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt029245
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt032536
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt040689
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt036246
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt031216
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0169932
IRS990ScheduleA/TotalSupportAmt0169948
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES PROMOTIONS 705 BANK CHARGES 355 BOOK PURCHASES 292 OFFICE 993 TELEPHONE 2,553 FILING FEE & MISC. 50 INTERNET 1,595 COMPUTER 2,453 LOCAL TRAVEL 2,137 OTHER TRAVEL 622 CONF, SYMPOSIUMS, MEETINGS 40 REFRESHMENTS & MEALS 423 INSURANCE 311 CONTRIBUTIONS 60 TOTAL 12,589
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPUTERS & EQUIPMENT 5,136 5,136 LESS ACCUMULATED DEPRECIATION 5,136 5,136 TOTAL 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DUE AMERICAN EXPRESS 2,289 50 DUE CLEVELAND BUDDHIST STUDY CENTER 5,000 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0HOSHINA SEKI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02128647424
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-06-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AMERICAN BUDDHIST STUDY CENTER INC
ReturnHeader/Filer/BusinessNameControlTxt0AMER
ReturnHeader/Filer/EIN0134084178
ReturnHeader/Filer/PhoneNum02128647424
ReturnHeader/Filer/USAddress/AddressLine1Txt0638 E CHANCERY LANE
ReturnHeader/Filer/USAddress/CityNm0GALLOWAY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008205
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0030410574
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VICTOR J CANNISTRA CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt043 KENSICO DRIVE 2ND FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MOUNT KISCO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0105491009
ReturnHeader/PreparerPersonGrp/PhoneNum09142413605
ReturnHeader/PreparerPersonGrp/PreparationDt02021-06-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0VICTOR J CANNISTRA CPA
ReturnHeader/ReturnTs02021-06-17T15:09:38-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0HOSHINA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SEKI
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,757
Liabilities
$50
Net assets
$11,707
Revenue
$40,861
Expenses
$36,025
Net income
$4,836
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$31.2$3.17$28.0$38.6$59.4$20.8
2023Detailed filing. Detailed filing data is available for this year.$49.8$0.93$48.8$81.5$58.9$22.7
2022Detailed filing. Detailed filing data is available for this year.$27.9$1.70$26.2$66.0$51.7$14.3
2021Detailed filing. Detailed filing data is available for this year.$12.3$0.46$11.8$48.7$48.6$0.13
2020Detailed filing. Detailed filing data is available for this year.$11.8$0.05$11.7$40.9$36.0$4.84
2019Detailed filing. Detailed filing data is available for this year.$14.2$7.29$6.87$45.0$42.6$2.32
2018Detailed filing. Detailed filing data is available for this year.$9.23$4.68$4.55$51.4$58.4$7.04
2017Detailed filing. Detailed filing data is available for this year.$12.5$0.92$11.6$52.2$48.1$4.18
2016Detailed filing. Detailed filing data is available for this year.$16.5$9.05$7.41$34.6$35.5$0.90
2015Detailed filing. Detailed filing data is available for this year.$8.74$0.44$8.30$31.2$48.4$17.2
2014Detailed filing. Detailed filing data is available for this year.$25.5$25.5$56.2$91.2$35.0
2013Detailed filing. Detailed filing data is available for this year.$60.5$60.5$22.4$43.9$21.5
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$82.0$82.0$68.5$41.9$26.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$55.4$55.4$68.3$42.2$26.1
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.3$29.3$16.3$35.2$18.9