Byoma Kusuma Buddha Dharma Inc

“Travel $5271”

“Depreciation $475”

“Web expense $1632”

“Program expenses $898”

“Business registration $25”

“Machinery and Equipment - Beginning $0 Machinery and Equipment - Ending $1900”

“Byoma Kusuma Buddha Dharma Inc. (the Association) made certain changes to its governing documents, specifically its Bylaws and Articles of Incorporation, since the prior Form 990 was filed for 2023. In 2024, the association took steps to amend its governing documents through the unanimous written consent of its directors as provided for in the Associations Articles of Incorporation and Bylaws. The Bylaws were first amended to provide that The Articles of Incorporation may be amended by the affirmative vote of the Board at any legally constituted Board of Directors meeting. This was permitted by the Articles of Incorporation of the Association which provide that .. [t]he amendment of these Articles of Incorporation shall be as provided for by the Bylaws. The Bylaws did not, previously, specifically provide for the amendment of the Articles of Incorporation. However, the Bylaws of the Association provided that: These bylaws may be amended by the affirmative vote of the Board at any legally constituted Board of Directors meeting. The amendment to the Bylaws was made by the unanimous written consent of the directors of the Association as provided for in the Associations Articles of Incorporation and Bylaws. As a result of this valid amendment, the Board then had the authority to amend the Articles of Incorporation. The Articles of Incorporation were then amended in order to provide that The election of the Directors shall be by ballot of the Board of Directors, with voting to be conducted and concluded at every other annual meeting, and in alignment with the provisions of the Bylaws. The regulation of internal affairs of the corporation, and the amendment of these Articles of Incorporation shall be as provided for by the Bylaws. This amendment removed a provision which assumed that the Board would be elected by the Members, as the term Members is used in the associations internal parlance informally to refer to individuals associated with the Association who have no governing role in the Association. As defined in the Associations previous and amended Bylaws, a Member is an individual who has taken Buddhist refuge vows with Vidyadhara Acharya Mahayogi Shridhar Rana Rinpoche or other individuals designated by him and who has paid their annual membership fee, if any, as determined by the Board of Directors. The Association did not previously have voting Members according to the Bylaws and Articles, so this change was made in order to ensure that the Associations governing documents lined up with practice. This amendment of the Articles of Incorporation was conducted by the unanimous written consent of the directors of the Association as provided for in the Associations Articles of Incorporation and amended Bylaws. Finally, the Bylaws were amended once more by striking the previous Bylaws in their entirety and replacing them with a substantially similar new set of Bylaws. This amendment was valid and permissible as the then operative Bylaws of the Association provided that: These bylaws may be amended by the affirmative vote of the Board at any legally constituted Board of Directors meeting. The updated Bylaws make minor clerical amendments to the previous Bylaws, update the procedures for the election of the Board of Directors, and clarify that the Association is permitted to distribute funds to provide for the healthcare or otherwise sponsor those involved in the teaching of Buddhist thought and belief, including support in their retirement. This amendment to the Bylaws was conducted by the unanimous written consent of the directors of the Association as provided for in the Associations Articles of Incorporation and Bylaws.”