Civic Intelligence

Thanh Tu Meditation Center

EIN 82-4209204 • 501(c)3 • Williamstown, NJ

Profile

WORSHIP SANTUARY

2493 S Black Horse PikeWilliamstown, NJ 08094
Siviq Scores

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

Liabilities / Assets

66th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE X • <$500k nonprofits • Source year 2022

Liabilities / Revenue

68th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE X • <$500k nonprofits • Source year 2022

Net Margin

88th percentile

73%

Higher net margin than 88% of similar nonprofits.

NTEE X50 • <$500k nonprofits • Source year 2022

Top Officer Pay

93rd percentile

$7,000

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

NTEE X50 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Revenue Growth

98th percentile

419%

Faster revenue growth than 98% of similar nonprofits.

NTEE X • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$287,214

Up $287,214 from 2021

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

Up

$287,214

Up $287,214 from 2021

Revenue

Up

$392,264

Up $316,684 (+419%) from 2021

Expenses

Up

$105,050

Up $29,470 (+39%) from 2021

Net Income

Up

$287,214

Up $287,214 from 2021

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2018: $587,000Liabilities 2018: $0Net Assets 2018: $587,0002018Assets 2019: $104,500Liabilities 2019: $0Net Assets 2019: $104,5002019Assets 2020: $104,500Net Assets 2020: $54,1002020Assets 2021: $0Net Assets 2021: $02021Assets 2022: $287,214Liabilities 2022: $0Net Assets 2022: $287,2142022

Highlighted filing

2022

Assets$287,214
Liabilities$0
Net Assets$287,214

Operations Trend

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

$600K$400K$200K$0Revenue 2018: $600,000Expenses 2018: $13,000Net Income 2018: $587,0002018Revenue 2019: $102,500Expenses 2019: $52,100Net Income 2019: $50,4002019Revenue 2020: $54,100Expenses 2020: $54,100Net Income 2020: $02020Revenue 2021: $75,580Expenses 2021: $75,580Net Income 2021: $02021Revenue 2022: $392,264Expenses 2022: $105,050Net Income 2022: $287,2142022

Highlighted filing

2022

Revenue$392,264
Expenses$105,050
Net Income$287,214

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 11, 2023
Return Version
2022v5.0
Gross Receipts
$392,264
Mission and Program Overview

Mission

WORSHIP SANTUARY

Buddhism encourages its people to avoid self-indulgence but also self-denial.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$287,214-
Total Assets$0$287,214▲ $287,214
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$287,214-
Total Net Assets Fund Balance$0$287,214▲ $287,214
Total Liabilities and Net Assets / Fund Balance$0$287,214▲ $287,214
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Thay Tue PhatDirectorFT$7,000$7,000
Revenue and Support

Revenue Composition

Contributions and Grants
$392,264
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$392,264
Change in Net Assets
$287,214
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Professional Fundraising Fees$73,865
Other Expenses$17,185
Salaries, Compensation, and Employee Benefits$14,000
Grants and Similar Amounts Paid$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Professional Fundraising---$73,865
Current Officers, Directors, Trustees, and Key Employees---$14,000
Occupancy---$8,111
Other Expenses---$1,829
Interest---$963
Total Functional Expenses$0$0$0$105,050
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$73,865
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
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
Filing and Contact Details

Filer

Filer Name
Thanh Tu Meditation Center
EIN
82-4209204
Address
2493 S BLACK HORSE PIKE, WILLIAMSTOWN, NJ 08094

Signing Officer

Name
Hong Nguyen
Title
President
Signed
2023-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hong Nguyen
Formed
2017
Legal Domicile
Nj
Voting Board Members
2
Independent Board Members
2
Employees
2

Preparer

Firm
Phat Le Tax Accountant S-Corp
Address
6 Park Ave, Green Brook, NJ 08812
Preparer
Phat Le
Phone
9088227252
Supplemental Narrative

Additional Explanations

Form 990, Part X, Line 32

BALANCE

Raw XML Appendix272 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
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IRS990/CYOtherRevenueAmt00
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IRS990/CYRevenuesLessExpensesAmt0287214
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IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0WHATEVER
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IRS990/DonorAdvisedFundInd0true
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0287214
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExcsTaxSect4951Or4952Or4953Ind0false
IRS990/FamilyOrBusinessRlnInd0false
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IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt073865
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
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IRS990/Form8886TFiledInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt0040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0040.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0THAY TUE PHAT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt07000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0false
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt02
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0392264
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartXInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/InterestGrp/TotalAmt0963
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NJ
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesEOYAmt0287214
IRS990/NondeductibleContributionsInd0false
IRS990/NondeductibleContriDisclInd0false
IRS990/OccupancyGrp/TotalAmt08111
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0GAS
IRS990/OtherExpensesGrp/Desc1ELECTRIC
IRS990/OtherExpensesGrp/Desc2SOLAR
IRS990/OtherExpensesGrp/TotalAmt04063
IRS990/OtherExpensesGrp/TotalAmt12219
IRS990/OtherExpensesGrp/TotalAmt21829
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliciesReferenceChaptersInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0HONG NGUYEN
IRS990/ProfessionalFundraisingInd0true
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/QuidProQuoContributionsInd0false
IRS990/QuidProQuoContriDisclInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0287214
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0287214
IRS990ScheduleA/ChurchInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0true
IRS990ScheduleD/DisclosedForCharitablePrpsInd0false
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IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
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IRS990/SchoolOperatingInd0false
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/BOYAmt00
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0HONG NGUYEN
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Phat Le
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-05-11T10:45:06-00:00
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ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0NGUYEN
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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