DRIKUNG MEDITATION CENTER INC

EIN: 043459087 501(c)(3) Religion

ARLINGTON, MA

Total Revenue
$203,236
Total Expenses
$91,168
Total Assets
$1,235,003
Net Assets
$602,344
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
MA
Principal Officer
KONCHOK KARUSHAR
Phone
8883905580
Tax Period
2021-01-01 to 2021-12-31

DRIKUNG MEDITATION CENTER INC, founded in 1999, is a small nonprofit in the Religion sector that reported $203K in total revenue in fiscal year 2021. Revenue surged 79% from the prior year, signaling strong growth momentum. The organization ran a surplus of $112K, a strong 55% operating margin.

Mission

PRIMARY EXEMPT PURPOSE - TO PROVIDE INFORMATION, TEACHINGS, AND PRACTICE OPPORTUNITIES IN MEDITATION; SPECIFICALLY, IN THE TIBETAN BUDDHIST TRADITION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $101,824
Program Service Revenue $101,307
Investment Income $105
Other Revenue $0
TOTAL REVENUE $203,236

Expense Breakdown

Grants Paid $6,455
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $35,750
Other Expenses $84,713
TOTAL EXPENSES $91,168

Year-over-Year Comparison

2021 2020 Change
Revenue $203,236 $113,378 +0.8%
Expenses $91,168 N/A N/A
Net Income $112,068 $113,378 0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY BURKE BOARD MEMBER-AT-LARGE 10.00
Director
$0 $0 $0
KONCHOK KARUSHAR PRESIDENT 30.00
Officer
$0 $0 $0
TAMDIN WANGDU VICE PRESIDENT 2.00
Officer
$0 $0 $0
ARIN CHRISTENSEN TREASURER/CLERK 5.00
Officer
$0 $0 $0
DEVIN ZUCKERMAN SECRETARY 2.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2021 $203,236 $91,168 $1,235,003 $112,068
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