Civic Intelligence

Parbawatiya Buddhist Center Inc

EIN 59-3452314 • 501(c)3 • Safety Harbor, FL

Profile

To promote individual happiness, harmonius communities and world peace through the study of Buddhism and meditation.

201 6th Ave SouthSafety Harbor, FL 34695

www.meditationintampabay.org

Siviq Scores

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

Liabilities / Assets

91st percentile

0.77x

Higher debt load relative to assets than 91% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

97th percentile

3.60x

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

501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

66th percentile

14%

Higher net margin than 66% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

55th percentile

5.3%

Faster asset growth than 55% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

21st percentile

-16%

Faster revenue growth than 21% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$543,825

Up $27,567 (+5.3%) from 2017

Liabilities

Down

$420,140

Down $20,959 (-4.8%) from 2017

Net Assets

Up

$123,685

Up $48,526 (+65%) from 2017

Revenue

Down

$116,598

Down $22,220 (-16%) from 2017

Expenses

Down

$100,709

Down $32,533 (-24%) from 2017

Net Income

Up

$15,889

Up $10,313 (+185%) from 2017

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2010: $220,579Liabilities 2010: $214,892Net Assets 2010: $5,6872010Assets 2011: $206,828Liabilities 2011: $209,673Net Assets 2011: -$2,8452011Assets 2012: $222,074Liabilities 2012: $214,461Net Assets 2012: $7,6132012Assets 2013: $209,564Liabilities 2013: $201,649Net Assets 2013: $7,9152013Assets 2014: $252,211Liabilities 2014: $188,811Net Assets 2014: $63,4002014Assets 2015: $529,283Liabilities 2015: $428,259Net Assets 2015: $101,0242015Assets 2016: $521,791Liabilities 2016: $452,208Net Assets 2016: $69,5832016Assets 2017: $516,258Liabilities 2017: $441,099Net Assets 2017: $75,1592017Assets 2018: $543,825Liabilities 2018: $420,140Net Assets 2018: $123,6852018

Highlighted filing

2018

Assets$543,825
Liabilities$420,140
Net Assets$123,685

Operations Trend

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

$200K$100K$0-$100KRevenue 2010: $89,086Expenses 2010: $104,856Net Income 2010: -$15,7702010Revenue 2011: $81,320Expenses 2011: $89,830Net Income 2011: -$8,5102011Revenue 2012: $84,595Expenses 2012: $74,137Net Income 2012: $10,4582012Revenue 2013: $108,962Expenses 2013: $108,660Net Income 2013: $3022013Revenue 2014: $171,953Expenses 2014: $116,468Net Income 2014: $55,4852014Revenue 2015: $153,059Expenses 2015: $134,815Net Income 2015: $18,2442015Revenue 2016: $101,299Expenses 2016: $132,740Net Income 2016: -$31,4412016Revenue 2017: $138,818Expenses 2017: $133,242Net Income 2017: $5,5762017Revenue 2018: $116,598Expenses 2018: $100,709Net Income 2018: $15,8892018

Highlighted filing

2018

Revenue$116,598
Expenses$100,709
Net Income$15,889

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$146,791
Mission and Program Overview

Mission

See attached statement

The organization promotes personal growth and spiritual enrichment through the study of Buddhas teaching and through training in meditation techniques.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$504,381$525,841▲ $21,460
Rtn Earn Endowment Incm Other Fnds$75,159$123,685▲ $48,526
Cash and Non-Interest-Bearing Accounts$8,366$13,676▲ $5,310
Inventories for Sale or Use$2,000$2,000→ $0
Savings and Temporary Cash Investments$1,346$1,341▼ $5
Accounts Receivable-$802-
Total Assets$516,258$543,825▲ $27,567
Other Assets Total$165$165→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$426,302$414,860▼ $11,442
Deferred Revenue-$2,950-
Accounts Payable and Accrued Expenses$13,413$2,330▼ $11,083
Other Liabilities$1,384--
Total Liabilities$441,099$420,140▼ $20,959
Net Assets / Fund Balance
Total Net Assets Fund Balance$75,159$123,685▲ $48,526
Total Liabilities and Net Assets / Fund Balance$516,258$543,825▲ $27,567

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$379,159$156,308$535,467
Land$120,680-$120,680
Equipment$18,733$22,697$41,430
Leasehold Improvements$7,269$11,830$19,099
Other Land Buildings-$15,024$15,024
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$57,207
Program Service Revenue
$33,478
Investment Income
$612
Other Revenue
$25,301
All Other Contributions
$16,761
Change in Net Assets
$15,889
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$96,792
Salaries, Compensation, and Employee Benefits$3,917
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy-$27,070-$27,070
All Other Expenses$7,793$9,990-$17,783
Depreciation Depletion-$17,500-$17,500
Insurance-$7,110-$7,110
Travel-$4,469-$4,469
Advertising-$4,118-$4,118
Other Expenses$4,970$3,922-$3,922
Office Expenses-$3,756-$3,756
Other Salaries and Wages-$3,360-$3,360
Payroll Taxes-$557-$557
Total Functional Expenses$12,763$87,946$0$100,709
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Payroll taxes-
Unpaid utility bills-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has a board with voting members. The board reviews financial statements and tax returns as well as voting on decisions about methods for fulfilling the organizations purpose.

Form 990, Part VI, Section B, Line 11B

The 990 is reviewed by the Board during a scheduled board meeting. In addition, the following statement will be added to the website As a recognized tax-exempt nonprofit organization under section 501c3 of the Internal Revenue Code, the Kadampa Meditation Center Tampa Bay seeks to be transparent in its financial operations by making our IRS Form 990 available upon request. Such request should be sent to adminmeditationintampabay.org.

Form 990, Part VI, Section C, Line 19

The governing documents are available for review in the office on request. The articles of organization are public record on the state of Florida website. There is no written conflict of interest policy. Financial statements are reviewed by the board at least annually and at the annual member meeting, which is open to the public.

Form 990, Part VIII, Line 6B

Total rental expenses 24,411 Maintenance and repairs - 2573 Mortgage interest - 12,146 Property taxes - 543 Utilities - 9149

Form 990, Part VI, Section B, Line 12B

The organizations written conflict of interest policy is part of A Moral Discipline Guide the Internal rules of the NKT. This is available for review in the office.

Form 990, Part VI, Section B, Line 12C

The policy is reviewed periodically at the staff meetings and board meetings.

Filing and Contact Details

Filer

Filer Name
Parbawatiya Buddhist Center Inc
EIN
59-3452314
Phone
7277979770
Address
201 6th Ave South, Safety Harbor, FL 34695

Signing Officer

Name
Bonnie Schlag
Title
Officer
Signed
2019-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julie Sholler
Formed
1997
Legal Domicile
Fl
Voting Board Members
9
Independent Board Members
9
Employees
1
Volunteers
20

Preparer

Firm
Sholler & Associates
Address
3319 BLACK OAK CIR, CHATTANOOGA, TN 37415
Preparer
Julie a Sholler
Phone
7277438133
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A

Empowerment and workshop expenses - 7793 total One day and half day courses - 2363 Empowerment expenses - 723 Retreat expenses - 4707

Form 990, Part III, Line 4B

Study program expenses total 4970 total Rent for class use - 4480, Refreshments - 490

Form 990, Part IX, Line 24E

Total Other expenses - 17,783 Meal allowance - 3050 Continuing education - 2469 Medical/ Dental expenses - 3888 Empowerment and workshop costs - 7793 Wireless - 583.

Form 990, Part IX, Line 16

Total Occupancy expenses 27,070 Household expenses- 1430 Maintenance and repairs - 2573 Mortgage interest - 12,146 Property taxes - 543 Utilities - 9149 Equipment and furniture - 1231

Form 990, Part XII, Line 1

The organization is using a hybrid method to more accurately track upcoming expenses. Cash accounting is used for the tax return, but accrual is used to record bills and upcoming payments.

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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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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt048615
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt045940
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt049493
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt067911
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0211959
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.68790
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct00.73790
IRS990ScheduleA/PublicSupportTotal170Amt0468788
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt097564
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt097638
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt071744
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt084154
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0117688
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0468788
IRS990ScheduleA/TotalSupportAmt0681446
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0379159
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0156308
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0535467
IRS990ScheduleD/EquipmentGrp/BookValueAmt018733
IRS990ScheduleD/EquipmentGrp/DepreciationAmt022697
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt041430
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0120680
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0120680
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt07269
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt011830
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt019099
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt015024
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt015024
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Payroll taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Unpaid utility bills
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0525841
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Empowerment and workshop expenses - 7793 total One day and half day courses - 2363 Empowerment expenses - 723 Retreat expenses - 4707
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Study program expenses total 4970 total Rent for class use - 4480, Refreshments - 490
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization has a board with voting members. The board reviews financial statements and tax returns as well as voting on decisions about methods for fulfilling the organizations purpose.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The 990 is reviewed by the Board during a scheduled board meeting. In addition, the following statement will be added to the website As a recognized tax-exempt nonprofit organization under section 501c3 of the Internal Revenue Code, the Kadampa Meditation Center Tampa Bay seeks to be transparent in its financial operations by making our IRS Form 990 available upon request. Such request should be sent to adminmeditationintampabay.org.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The governing documents are available for review in the office on request. The articles of organization are public record on the state of Florida website. There is no written conflict of interest policy. Financial statements are reviewed by the board at least annually and at the annual member meeting, which is open to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Total Other expenses - 17,783 Meal allowance - 3050 Continuing education - 2469 Medical/ Dental expenses - 3888 Empowerment and workshop costs - 7793 Wireless - 583.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Total rental expenses 24,411 Maintenance and repairs - 2573 Mortgage interest - 12,146 Property taxes - 543 Utilities - 9149
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Total Occupancy expenses 27,070 Household expenses- 1430 Maintenance and repairs - 2573 Mortgage interest - 12,146 Property taxes - 543 Utilities - 9149 Equipment and furniture - 1231
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8The organization is using a hybrid method to more accurately track upcoming expenses. Cash accounting is used for the tax return, but accrual is used to record bills and upcoming payments.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9The organizations written conflict of interest policy is part of A Moral Discipline Guide the Internal rules of the NKT. This is available for review in the office.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10The policy is reviewed periodically at the staff meetings and board meetings.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part III, Line 4b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VIII, Line 6b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part XII, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part VI, Section B, Line 12b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part VI, Section B, Line 12c
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0516258
IRS990/TotalAssetsEOYAmt0543825
IRS990/TotalAssetsGrp/BOYAmt0516258
IRS990/TotalAssetsGrp/EOYAmt0543825
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt057207
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt087946
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt012763
IRS990/TotalFunctionalExpensesGrp/TotalAmt0100709
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0441099
IRS990/TotalLiabilitiesEOYAmt0420140
IRS990/TotalLiabilitiesGrp/BOYAmt0441099
IRS990/TotalLiabilitiesGrp/EOYAmt0420140
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt075159
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0123685
IRS990/TotalProgramServiceExpensesAmt012763
IRS990/TotalProgramServiceRevenueAmt033478
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0116598
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0516258
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0543825
IRS990/TravelGrp/ManagementAndGeneralAmt04469
IRS990/TravelGrp/TotalAmt04469
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0201 6th Ave South
IRS990/USAddress/CityNm0Safety Harbor
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd034695
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0www.meditationintampabay.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Bonnie Schlag
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Officer
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PARBAWATIYA BUDDHIST CENTER INC
ReturnHeader/Filer/BusinessNameControlTxt0PARB
ReturnHeader/Filer/EIN0593452314
ReturnHeader/Filer/PhoneNum07277979770
ReturnHeader/Filer/USAddress/AddressLine1Txt0201 6th Ave South
ReturnHeader/Filer/USAddress/CityNm0Safety Harbor

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