Civic Intelligence

Hong Duc Sakya Monastery

EIN 46-2492931 • 501(c)3 • Des Moines, IA

Profile

This organization is a Buddhist temple. Members gather every Sunday for prayer meditation and to learn about Buddhist philosophies.

5906 SW 9th StDes Moines, IA 50315-5009

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

92nd percentile

0.93x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

98th percentile

3.07x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

25th percentile

-17%

Higher net margin than 25% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

65th percentile

7.4%

Faster asset growth than 65% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

69th percentile

16%

Faster revenue growth than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$459,994

Down $11,106 (-2.4%) from 2023

Liabilities

Flat

$400,000

Flat from 2023

Net Assets

Down

$59,994

Down $11,106 (-16%) from 2023

Operations
Liabilities / Revenue98th percentileNet Margin25th percentile

Revenue

Down

$128,900

Down $8,800 (-6.4%) from 2023

Expenses

Up

$140,006

Up $9,856 (+7.6%) from 2023

Net Income

Down

-$11,106

Down $18,656 (-247%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth65th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2015: $19,750Liabilities 2015: $0Net Assets 2015: $19,7502015Assets 2016: $37,700Liabilities 2016: $02016Assets 2017: $60,250Liabilities 2017: $02017Assets 2022: $63,550Liabilities 2022: $0Net Assets 2022: $63,5502022Assets 2023: $471,100Liabilities 2023: $400,000Net Assets 2023: $71,1002023Assets 2024: $459,994Liabilities 2024: $400,000Net Assets 2024: $59,9942024

Highlighted filing

2024

Assets$459,994
Liabilities$400,000
Net Assets$59,994
Open 2024 Filing

Operations Trend

Revenue Growth69th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2015: $140,000Expenses 2015: $120,250Net Income 2015: $19,7502015Revenue 2016: $72,000Expenses 2016: $54,050Net Income 2016: $17,9502016Revenue 2017: $90,000Expenses 2017: $70,500Net Income 2017: $19,5002017Revenue 2022: $94,200Expenses 2022: $94,350Net Income 2022: -$1502022Revenue 2023: $137,700Expenses 2023: $130,150Net Income 2023: $7,5502023Revenue 2024: $128,900Expenses 2024: $140,006Net Income 2024: -$11,1062024

Highlighted filing

2024

Revenue$128,900
Expenses$140,006
Net Income-$11,106
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$459,994
Liabilities
$400,000
Net assets
$59,994
Revenue
$128,900
Expenses
$140,006
Net income
-$11,106
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.60$4.00$0.60$1.29$1.40$0.11
2023Detailed filing. Detailed filing data is available for this year.$4.71$4.00$0.71$1.38$1.30$0.08
2022Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.64$0.94$0.94$0.00
2017Summary only. Only limited summary data is available for this year.$0.60$0.00$0.90$0.71$0.20
2016Summary only. Only limited summary data is available for this year.$0.38$0.00$0.72$0.54$0.18
2015Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$1.40$1.20$0.20
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 16, 2025
Return Version
2024v5.1
Gross Receipts
$128,900
Mission and Program Overview

Mission

This organization is a Buddhist temple. Members gather every Sunday for prayer meditation and to learn about Buddhist philosophies.

Program Services

DescriptionGrantsExpenses
Assist members in improving themselves within their families and communities.$0$0
Teach members how to help impoverished individuals.$0$0
Teach members and children meditation and how to apply Buddhist philosophies in daily life.$0$0
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Minh Huu NguyenPresident-$0--
Filing and Contact Details

Filer

Filer Name
Hong Duc Sakya Monastery
EIN
46-2492931
In Care Of
% Minh Huu Nguyen
Address
5906 SW 9TH ST, DES MOINES, IA 50315-5009

Signing Officer

Name
Minh Huu Nguyen
Title
President
Signed
2025-05-16
Supplemental Narrative

Additional Explanations

Part I, line 10

“| Grants And Similar Amounts Paid:, Amount:| Donation Charity, $30000|”

Part I, line 16

“| Other Expenses:, Amount:| Building Insurance, $3600| Automobile Insurance, $2700| Foods, $13900| Travel Expenses, $9800| Loan Payment, $10656| Office Expenses, $19700| Other Expenses, $8600|”

Part II, line 26

“| Explanation:, BOYAmount:, EOYAmount:| Other assets, $400000, $400000|”

Raw XML Appendix99 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/PersonNm0Minh Huu Nguyen
IRS990EZ/BooksInCareOfDetail/PhoneNum05153138308
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt05906 SW 9TH ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0DES MOINES
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0503155009
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt071100
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt059994
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0128900
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-11106
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0471100
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0459994
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt030000
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0128900
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt0400000
IRS990EZ/LandAndBuildingsGrp/EOYAmt0400000
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt071100
IRS990EZ/NetAssetsOrFundBalancesEOYAmt059994
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt071100
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt059994
IRS990EZ/OccupancyRentUtltsAndMaintAmt037450
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Minh Huu Nguyen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt068956
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0This organization is a Buddhist temple. Members gather every Sunday for prayer meditation and to learn about Buddhist philosophies.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Assist members in improving themselves within their families and communities.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Teach members how to help impoverished individuals.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Teach members and children meditation and how to apply Buddhist philosophies in daily life.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt20
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt03600
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0400000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0400000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0140006
IRS990EZ/TotalRevenueAmt0128900
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/ChurchInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Grants And Similar Amounts Paid:, Amount:| Donation Charity, $30000|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Other Expenses:, Amount:| Building Insurance, $3600| Automobile Insurance, $2700| Foods, $13900| Travel Expenses, $9800| Loan Payment, $10656| Office Expenses, $19700| Other Expenses, $8600|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:, BOYAmount:, EOYAmount:| Other assets, $400000, $400000|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MINH HUU NGUYEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HONG DUC SAKYA MONASTERY
ReturnHeader/Filer/BusinessNameControlTxt0HONG
ReturnHeader/Filer/EIN0462492931
ReturnHeader/Filer/ForeignPhoneNum05153138308
ReturnHeader/Filer/InCareOfNm0% Minh Huu Nguyen
ReturnHeader/Filer/USAddress/AddressLine1Txt05906 SW 9TH ST
ReturnHeader/Filer/USAddress/CityNm0DES MOINES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd0503155009
ReturnHeader/ReturnTs02025-05-15T17:40:25-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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