Civic Intelligence

Padma Raja Society

EIN 82-3709741 • 501(c)3 • Poulsbo, WA

Profile

This organization dedicates to provide opportunities for practice and instruction of the buddha dharma in the tibetan buddhist tradition by establishing and maintaining a buddhist center for teachings, practices, retreats and other smiliar activities

1843 NW Lutes RdPoulsbo, WA 98370

www.padmarajasociety-us.org

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.00x

Higher debt load relative to assets than 22% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

21st percentile

0.00x

Higher debt load relative to revenue than 21% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

99th percentile

97%

Higher net margin than 99% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

100th percentile

2678%

Faster asset growth than 100% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

100th percentile

2306%

Faster revenue growth than 100% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets22nd percentile

Assets

Up

$2,119,105

Up $2,042,835 (+2678%) from 2023

Liabilities

Up

$2,589

Up $527 (+26%) from 2023

Net Assets

Up

$2,116,516

Up $2,042,308 (+2752%) from 2023

Operations
Liabilities / Revenue21st percentileNet Margin99th percentile

Revenue

Up

$2,103,554

Up $2,016,140 (+2306%) from 2023

Expenses

Up

$61,246

Up $5,403 (+9.7%) from 2023

Net Income

Up

$2,042,308

Up $2,010,737 (+6369%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth100th percentile

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

$3.0M$2.0M$1.0M$0Assets 2022: $45,735Liabilities 2022: $3,099Net Assets 2022: $42,6362022Assets 2023: $76,270Liabilities 2023: $2,062Net Assets 2023: $74,2082023Assets 2024: $2,119,105Liabilities 2024: $2,589Net Assets 2024: $2,116,5162024

Highlighted filing

2024

Assets$2,119,105
Liabilities$2,589
Net Assets$2,116,516
Open 2024 Filing

Operations Trend

Revenue Growth100th percentile

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

$3.0M$2.0M$1.0M$0Revenue 2022: $34,651Expenses 2022: $28,707Net Income 2022: $5,9442022Revenue 2023: $87,414Expenses 2023: $55,843Net Income 2023: $31,5712023Revenue 2024: $2,103,554Expenses 2024: $61,246Net Income 2024: $2,042,3082024

Highlighted filing

2024

Revenue$2,103,554
Expenses$61,246
Net Income$2,042,308
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$2,119,105
Liabilities
$2,589
Net assets
$2,116,516
Revenue
$2,103,554
Expenses
$61,246
Net income
$2,042,308
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.12$0.00$2.12$2.10$0.06$2.04
2023Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.07$0.09$0.06$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.04$0.03$0.03$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.0
Gross Receipts
$2,103,554
Mission and Program Overview

Mission

This organization dedicates to provide opportunities for practice and instruction of the buddha dharma in the tibetan buddhist tradition by establishing and maintaining a buddhist center for teachings, practices, retreats and other smiliar activities

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$28,288$2,062,149▲ $2,033,861
Land, Buildings, and Equipment, Net$47,982$56,956▲ $8,974
Total Assets$76,270$2,119,105▲ $2,042,835
Liabilities
Other Liabilities$2,062$2,589▲ $527
Total Liabilities$2,062$2,589▲ $527
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$74,208$2,116,516▲ $2,042,308
Total Net Assets Fund Balance$74,208$2,116,516▲ $2,042,308
Total Liabilities and Net Assets / Fund Balance$76,270$2,119,105▲ $2,042,835

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$56,956$27,346$84,302
Compensation and Service Providers
Top Officer Pay74th percentile

Board Members and Trustees

NameTitle
Simon LuongPresident
Kate Yu ChengSecretary
Swee Teng SohTreasurer
Ann ChekVice Preside
Li-ling KangVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$2,103,224
Program Service Revenue
$330
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$2,042,308
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$61,246
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$21,955--$21,955
Depreciation Depletion-$17,950-$17,950
Travel$3,754--$3,754
Insurance-$2,731-$2,731
Occupancy-$1,220-$1,220
Fees for Services Legal-$1,100-$1,100
Other Expenses$3,713$760-$760
All Other Expenses-$52-$52
Total Functional Expenses$36,274$24,972$0$61,246
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
Credit Card Payable$2,589
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Padma Raja Society
EIN
82-3709741
Phone
3609300709
Address
1843 NW LUTES RD, POULSBO, WA 98370

Signing Officer

Name
Swee Teng Soh
Title
Treasurer
Phone
3609300709
Signed
2025-05-13

Organization Details

Principal Officer
Simon Luong
Legal Domicile
Wa
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
M J Chau & Associates Pllc
Address
5454 SURREY PATH STE 107, FRISCO, TX 75034
Preparer
Melody Chau
Phone
9724277711
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“This organization dedicates to provide opportunities for practice and instruction of the buddha dharma in the tibetan buddhist tradition by establishing and maintaining a buddhist center for teachings, practices, retreats and other smiliar activities”

Raw XML Appendix270 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.

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ReturnHeader/ReturnTs02025-05-16T18:33:41-04:00
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ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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