Civic Intelligence

Bongwon Sah Buddhist Temple

990EZ • Fiscal year 2021 • EIN 42-1743381

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 09, 2022

5010 Cloverly AveTemple City, CA 91780

(213) 383-9665

Siviq Scores

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

Liabilities / Assets

97th percentile

1.77x

Higher debt load relative to assets than 97% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

97th percentile

2.22x

Higher debt load relative to revenue than 97% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

57th percentile

14%

Higher net margin than 57% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

53rd percentile

7.6%

Faster asset growth than 53% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

58th percentile

15%

Faster revenue growth than 58% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$96,940

Up $6,859 (+7.6%) from 2020

Net Assets

Up

-$74,345

Up $10,844 (+13%) from 2020

Liabilities

Down

$171,285

Down $3,985 (-2.3%) from 2020

Revenue

Up

$77,223

Up $9,806 (+15%) from 2020

Expenses

Down

$66,379

Down $5,520 (-7.7%) from 2020

Net Income

Up

$10,844

Up $15,326 (+342%) from 2020

Historical Trend

Balance Sheet Trend

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

$200K$100K$0-$100KAssets 2011: $18,170Liabilities 2011: $0Net Assets 2011: $18,1702011Assets 2012: $11,309Net Assets 2012: $11,3092012Assets 2013: $29,772Net Assets 2013: $29,7722013Assets 2014: $39,824Liabilities 2014: $3,404Net Assets 2014: $36,4202014Assets 2015: $43,233Liabilities 2015: $14,374Net Assets 2015: $28,8592015Assets 2016: $32,386Liabilities 2016: $137,2962016Assets 2017: $57,893Liabilities 2017: $139,192Net Assets 2017: -$81,2992017Assets 2018: $99,054Liabilities 2018: $180,171Net Assets 2018: -$81,1172018Assets 2019: $96,649Liabilities 2019: $177,356Net Assets 2019: -$80,7072019Assets 2020: $90,081Liabilities 2020: $175,270Net Assets 2020: -$85,1892020Assets 2021: $96,940Liabilities 2021: $171,285Net Assets 2021: -$74,3452021Assets 2022: $96,240Liabilities 2022: $28,825Net Assets 2022: $67,4152022Assets 2023: $98,494Liabilities 2023: $25,3882023Assets 2024: $93,552Liabilities 2024: $21,776Net Assets 2024: $71,7762024

Highlighted filing

2021

Assets$96,940
Liabilities$171,285
Net Assets-$74,345

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $114,395Expenses 2011: $109,268Net Income 2011: $5,1272011Revenue 2012: $124,050Expenses 2012: $129,911Net Income 2012: -$5,8612012Revenue 2013: $100,527Expenses 2013: $82,064Net Income 2013: $18,4632013Revenue 2014: $92,381Expenses 2014: $85,733Net Income 2014: $6,6482014Revenue 2015: $115,732Expenses 2015: $123,290Net Income 2015: -$7,5582015Revenue 2016: $168,094Expenses 2016: $301,865Net Income 2016: -$133,7712016Revenue 2017: $136,536Expenses 2017: $112,923Net Income 2017: $23,6132017Revenue 2018: $97,896Expenses 2018: $80,496Net Income 2018: $17,4002018Revenue 2019: $67,760Expenses 2019: $67,250Net Income 2019: $5102019Revenue 2020: $67,417Expenses 2020: $71,899Net Income 2020: -$4,4822020Revenue 2021: $77,223Expenses 2021: $66,379Net Income 2021: $10,8442021Revenue 2022: $59,256Expenses 2022: $56,688Net Income 2022: $2,5682022Revenue 2023: $79,856Expenses 2023: $74,165Net Income 2023: $5,6912023Revenue 2024: $71,080Expenses 2024: $72,410Net Income 2024: -$1,3302024

Highlighted filing

2021

Revenue$77,223
Expenses$66,379
Net Income$10,844
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 9, 2022
Return Version
2021v4.0
Gross Receipts
$77,223
Mission and Program Overview

Mission

The purpose of this organization is to operate a buddhist temple and monastery in order to carry out the correct doctrines, philosophies, practices and rituals of buddhism; to give the spiritual guidance and blessing based on great mercy, compassion, and the buddhisatva spirit of the mahayana buddhism; to operate educational institute and welfare organizations, giving professional training and wide understanding of buddhism and showing its spirit at work in the form of welfare works.

Program Services

DescriptionGrantsExpenses
THE PURPOSE OF THIS ORGANIZATION IS TO OPERATE A BUDDHIST TEMPLE AND MONASTERY IN ORDER TO CARRY OUT THE CORRECT DOCTRINES, PHILOSOPHIES, PRACTICES AND RITUALS OF BUDDHISM; TO GIVE THE SPIRITUAL GUIDANCE AND BLESSING BASED ON GREAT MERCY, COMPASSION, AND THE BUDDHISATVA SPIRIT OF THE MAHAYANA BUDDHISM; TO OPERATE EDUCATIONAL INSTITUTE AND WELFARE ORGANIZATIONS, GIVING PROFESSIONAL TRAINING AND WIDE UNDERSTANDING OF BUDDHISM AND SHOWING ITS SPIRIT AT WORK IN THE FORM OF WELFARE WORKS.-$53,063
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JAE DUK CHOIBuddhist PriFT$0--
Filing and Contact Details

Filer

Filer Name
Bongwon Sah Buddhist Temple
EIN
42-1743381
Phone
2133839665
Address
5010 CLOVERLY AVE, TEMPLE CITY, CA 91780

Signing Officer

Name
Jae Duk Choi
Title
Buddhist Priest
Phone
2133839665
Signed
2022-11-09

Preparer

Firm
Sara Yewon Kim CPA
Address
3435 WILSHIRE BLVD STE 1950, LOS ANGELES, CA 90010
Preparer
Sara Kim
Phone
2133839665
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising & promotion 180 office expense 149 interest expense 1,690 insurance 974 automobile expense 1,244 bank service charge 334 dues & subscription 232 evangeliism and events 75 license & permits 181 meals and entertainment 1,300 ministry / ceremony exp 1,930 repair and maintenance 710 supplies 17,059 tax 1,548 telephone and internet 1,179 utilities 3,924 total 32,709

Form 990-ez, Part II, Line 24

36,764 36,764 less accumulated depreciation 25,944 25,944 security deposit 3,500 3,500 total 14,320 14,320

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 873 0 credit card loan payable 139,192 139,190 loan payable 35,205 32,095

Form 990-ez, Part III

The purpose of this organization is to operate a buddhist temple and monastery in order to carry out the correct doctrines, philosophies, practices and rituals of buddhism; to give the spiritual guidance and blessing based on great mercy, compassion, and the buddhisatva spirit of the mahayana buddhism; to operate educational institute and welfare organizations, giving professional training and wide understanding of buddhism and showing its spirit at work in the form of welfare works.

Form 990-ez, Part III, Line 31

The purpose of this organization is to operate a buddhist temple and monastery in order to carry out the correct doctrines, philosophies, practices and rituals of buddhism; to give the spiritual guidance and blessing based on great mercy, compassion, and the buddhisatva spirit of the mahayana buddhism; to operate educational institute and welfare organizations, giving professional training and wide understanding of buddhism and showing its spirit at work in the form of welfare works.

Raw XML Appendix109 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0SARA KIM CPA
IRS990EZ/BooksInCareOfDetail/PhoneNum02133839665
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03435 WILSHIRE BLVD SUITE 1950
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090010
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0761
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt07620
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt077223
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt010844
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01690
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt090081
IRS990EZ/Form990TotalAssetsGrp/EOYAmt096940
IRS990EZ/GrossReceiptsAmt077223
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt075000
IRS990EZ/LandAndBuildingsGrp/EOYAmt075000
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-85189
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-74345
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-85189
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-74345
IRS990EZ/OccupancyRentUtltsAndMaintAmt031980
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JAE DUK CHOI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BUDDHIST PRI
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt014320
IRS990EZ/OtherAssetsTotalDetail/EOYAmt014320
IRS990EZ/OtherExpensesTotalAmt032709
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF THIS ORGANIZATION IS TO OPERATE A BUDDHIST TEMPLE AND MONASTERY IN ORDER TO CARRY OUT THE CORRECT DOCTRINES, PHILOSOPHIES, PRACTICES AND RITUALS OF BUDDHISM; TO GIVE THE SPIRITUAL GUIDANCE AND BLESSING BASED ON GREAT MERCY, COMPASSION, AND THE BUDDHISATVA SPIRIT OF THE MAHAYANA BUDDHISM; TO OPERATE EDUCATIONAL INSTITUTE AND WELFARE ORGANIZATIONS, GIVING PROFESSIONAL TRAINING AND WIDE UNDERSTANDING OF BUDDHISM AND SHOWING ITS SPIRIT AT WORK IN THE FORM OF WELFARE WORKS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE PURPOSE OF THIS ORGANIZATION IS TO OPERATE A BUDDHIST TEMPLE AND MONASTERY IN ORDER TO CARRY OUT THE CORRECT DOCTRINES, PHILOSOPHIES, PRACTICES AND RITUALS OF BUDDHISM; TO GIVE THE SPIRITUAL GUIDANCE AND BLESSING BASED ON GREAT MERCY, COMPASSION, AND THE BUDDHISATVA SPIRIT OF THE MAHAYANA BUDDHISM; TO OPERATE EDUCATIONAL INSTITUTE AND WELFARE ORGANIZATIONS, GIVING PROFESSIONAL TRAINING AND WIDE UNDERSTANDING OF BUDDHISM AND SHOWING ITS SPIRIT AT WORK IN THE FORM OF WELFARE WORKS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt053063
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0175270
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0171285
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt066379
IRS990EZ/TotalProgramServiceExpensesAmt053063
IRS990EZ/TotalRevenueAmt077223
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/ChurchInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING & PROMOTION 180 OFFICE EXPENSE 149 INTEREST EXPENSE 1,690 INSURANCE 974 AUTOMOBILE EXPENSE 1,244 BANK SERVICE CHARGE 334 DUES & SUBSCRIPTION 232 EVANGELIISM AND EVENTS 75 LICENSE & PERMITS 181 MEALS AND ENTERTAINMENT 1,300 MINISTRY / CEREMONY EXP 1,930 REPAIR AND MAINTENANCE 710 SUPPLIES 17,059 TAX 1,548 TELEPHONE AND INTERNET 1,179 UTILITIES 3,924 TOTAL 32,709
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt136,764 36,764 LESS ACCUMULATED DEPRECIATION 25,944 25,944 SECURITY DEPOSIT 3,500 3,500 TOTAL 14,320 14,320
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 873 0 CREDIT CARD LOAN PAYABLE 139,192 139,190 LOAN PAYABLE 35,205 32,095
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PURPOSE OF THIS ORGANIZATION IS TO OPERATE A BUDDHIST TEMPLE AND MONASTERY IN ORDER TO CARRY OUT THE CORRECT DOCTRINES, PHILOSOPHIES, PRACTICES AND RITUALS OF BUDDHISM; TO GIVE THE SPIRITUAL GUIDANCE AND BLESSING BASED ON GREAT MERCY, COMPASSION, AND THE BUDDHISATVA SPIRIT OF THE MAHAYANA BUDDHISM; TO OPERATE EDUCATIONAL INSTITUTE AND WELFARE ORGANIZATIONS, GIVING PROFESSIONAL TRAINING AND WIDE UNDERSTANDING OF BUDDHISM AND SHOWING ITS SPIRIT AT WORK IN THE FORM OF WELFARE WORKS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PURPOSE OF THIS ORGANIZATION IS TO OPERATE A BUDDHIST TEMPLE AND MONASTERY IN ORDER TO CARRY OUT THE CORRECT DOCTRINES, PHILOSOPHIES, PRACTICES AND RITUALS OF BUDDHISM; TO GIVE THE SPIRITUAL GUIDANCE AND BLESSING BASED ON GREAT MERCY, COMPASSION, AND THE BUDDHISATVA SPIRIT OF THE MAHAYANA BUDDHISM; TO OPERATE EDUCATIONAL INSTITUTE AND WELFARE ORGANIZATIONS, GIVING PROFESSIONAL TRAINING AND WIDE UNDERSTANDING OF BUDDHISM AND SHOWING ITS SPIRIT AT WORK IN THE FORM OF WELFARE WORKS.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JAE DUK CHOI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BUDDHIST PRIEST
ReturnHeader/BusinessOfficerGrp/PhoneNum02133839665
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BONGWON SAH BUDDHIST TEMPLE
ReturnHeader/Filer/BusinessNameControlTxt0BONG
ReturnHeader/Filer/EIN0421743381
ReturnHeader/Filer/PhoneNum02133839665
ReturnHeader/Filer/USAddress/AddressLine1Txt05010 CLOVERLY AVE
ReturnHeader/Filer/USAddress/CityNm0TEMPLE CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091780
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0452607622
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SARA YEWON KIM CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03435 WILSHIRE BLVD STE 1950
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOS ANGELES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090010
ReturnHeader/PreparerPersonGrp/PhoneNum02133839665
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SARA KIM
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-11-14T19:21:44-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JAE DUK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CHOI
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.22$0.72$0.71$0.72$0.01
2023Summary only. Only limited summary data is available for this year.$0.98$0.25$0.80$0.74$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.96$0.29$0.67$0.59$0.57$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.97$1.71$0.74$0.77$0.66$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.90$1.75$0.85$0.67$0.72$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$1.77$0.81$0.68$0.67$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.99$1.80$0.81$0.98$0.80$0.17
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$1.39$0.81$1.37$1.13$0.24
2016Summary only. Only limited summary data is available for this year.$0.32$1.37$1.68$3.02$1.34
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.43$0.14$0.29$1.16$1.23$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.40$0.03$0.36$0.92$0.86$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.30$0.30$1.01$0.82$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.11$1.24$1.30$0.06
2011Summary only. Only limited summary data is available for this year.$0.18$0.00$0.18$1.14$1.09$0.05