NORTHERN CALIFORNIA BODHI DHARMA SOCIETY

EIN: 471623881 501(c)(3) Religion

MILPITAS, CA

Total Revenue
$824,280
Total Expenses
$1,259,645
Total Assets
$2,227,120
Net Assets
$2,220,104
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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
CA
Phone
4088431638
Tax Period
2024-01-01 to 2024-12-31

NORTHERN CALIFORNIA BODHI DHARMA SOCIETY, founded in 2015, is a small nonprofit in the Religion sector that reported $824K in total revenue in fiscal year 2024. Expenses of $1.3M exceeded revenue, resulting in a 53% operating deficit.

Mission

The Northern California Bodhi Dharma Society seeks to help others pursue the fundamental objectives of innate healing, mindfulness, and inner peace by teaching select and effective meditation techniques to the public. The Organization seeks to serve and benefit the community by teaching and promoting meditation as a tool for improved mental and physical health within individuals and the society at large. The Society provides an active and peaceful learning environment and offers education meditation materials, retreats, and drop in sessions to students from all backgrounds and all corners of the globe. It is the mission of the Society to educate and support others in their journey towards self-development, spirituality, and freedom from suffering, to promote harmony, and to contribute to a more compassionate and peaceful society.

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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 $729,287
Program Service Revenue $60
Investment Income $94,933
Other Revenue $0
TOTAL REVENUE $824,280

Expense Breakdown

Grants Paid $0
Salaries & Benefits $219,390
Fundraising Expenses $0
Program Expenses $1,197,938
Other Expenses $1,040,255
TOTAL EXPENSES $1,259,645

Year-over-Year Comparison

2024 2023 Change
Revenue $824,280 $824,281 0.0%
Expenses $1,259,645 $1,396,017 -0.1%
Net Income $-435,365 $-571,736 -0.2%
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
8
Independent Members
N/A
Employees
5
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YANZHE WANG President & CEO 36.00
Officer
$0 $0 $0
SHAN ZHAO CFO 36.00
Officer
$0 $0 $0
XIAOLI QI Secretary 36.00
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
2024 $824,280 $1,259,645 $2,227,120 $-435,365
2023 $824,281 $1,396,017 $2,663,690 $-571,736
2022 $1,912,391 $1,781,612 $3,233,770 $130,779
2021 $2,040,834 $1,364,206 $3,105,013 $676,628
2020 $1,575,643 $1,160,211 $2,428,345 $415,432
2019 $846,551 $1,258,461 $2,049,277 $-411,910
2018 $1,119,247 $1,266,933 $2,497,243 $-147,686
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