DHARMA SEAL MONASTERY INC

EIN: 260640812 501(c)(3) Religion

Walden, NY

Total Revenue
$121,041
Total Expenses
$171,566
Total Assets
$981,488
Net Assets
$707,618
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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
NY
Principal Officer
Chi Tang
Phone
8457134537
Tax Period
2024-08-01 to 2025-07-31

DHARMA SEAL MONASTERY INC, founded in 2007, is a small nonprofit in the Religion sector that reported $121K in total revenue in fiscal year 2024. Expenses of $172K exceeded revenue, resulting in a 42% operating deficit.

Mission

The organization is formed are to propagate Buddhism or promote to teachings and practices of Buddhism, including worship, prayer ceremony, empowerment, meditation as essential tenets of the practice of Buddhist faith also to provide charitable and social services in all area, including health education welfare and world salvation.

Program Service Accomplishments

Program 1
Expenses: $7,173 Revenue: $20,136

Ulambana Services

Program 2
Expenses: $2,989 Revenue: $6,760

Gunying Compassion Celebration

Program 3
Expenses: $5,978 Revenue: $17,390

Medicinece Buddha's Birthday Celebration

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $112,357
Investment Income $8,684
Other Revenue $0
TOTAL REVENUE $121,041

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,120
Fundraising Expenses $0
Program Expenses $59,779
Other Expenses $163,446
TOTAL EXPENSES $171,566

Year-over-Year Comparison

2024 2023 Change
Revenue $121,041 $120,585 +0.0%
Expenses $171,566 $115,631 +0.5%
Net Income $-50,525 $4,954 -11.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
1
Volunteers
12

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
2
$7,550
Total Directors
6
$7,550
Key Employees
1
$7,550
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Hsing K Liu Prpesident 48
Officer Director Key Emp Highest
$7,550 $0 $7,550
Ru Cai Trustee 20
Director
$0 $0 $0
Ernest Sambucini Trustee 30
Director
$0 $0 $0
Jin Kuo Trustee 20
Director
$0 $0 $0
Betty Cheng Trustee 20
Director
$0 $0 $0
Chi Tang Secretary 40
Officer Director
$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
2025 $121,041 $171,566 $981,488 $-50,525
2024 $120,585 $115,631 $1,037,902 $4,954
2023 $127,565 $111,497 $1,023,932 $16,068
2022 $106,122 $157,461 $1,011,447 $-51,339
2021 $71,727 $153,196 $1,062,786 $-81,469
2020 $80,546 $113,186 $1,071,754 $-32,640
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