Form 990 for tax year 2024
Filed by BODHI INSTITUTE OF COMPASSION AND WISDOM.
Totals
- Total revenue
- $335,683
- Total expenses
- $148,358
- Contributions and grants received
- $204,585
- Grants paid
- $0
- Program service revenue
- $131,098
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $340,586
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $340,586
- Program services expenses (Part IX)
- $94,785
- Management and general expenses
- $53,573
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $94,785
Program services were 63.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$204,585
-
2a · Program service revenue: Buddhist Center Project
total $36,190 · related or exempt $36,190
-
2b · Program service revenue: Community Events & Celebr
total $15,316 · related or exempt $15,316
-
2c · Program service revenue: Life Release
total $79,592 · related or exempt $79,592
-
2d · Program service revenue: Student Support Program
-
3 · Investment income
total $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $42 · management and general $42
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $11,768 · management and general $11,768
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: LIFE Release program
total $52,205 · program services $52,205
-
24b · Other expenses: CONSULTING EXPENSES
total $40,000 · management and general $40,000
-
24c · Other expenses: SCHOLARSHIP
total $16,650 · program services $16,650
-
24d · Other expenses: Buddhist Center Project Expens
total $13,520 · program services $13,520
-
24e · All other expenses
total $14,173 · program services $12,410 · management and general $1,763
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $153,261 · end of year $245,083
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $95,503
-
27 · Net assets without donor restrictions
beginning of year $153,261 · end of year $340,586
Mission and programs · 2024
Mission
TO SPREAD THE BUDDHIST SPIRIT OF WISDOM AND COMPASSION, BENEFIT ALL BEINGS IN NEED, ENHANCE THE MORALITY OF THE SOCIETY, PRAY FOR WORLD PEACE, AND MAKE ALL BEINGS HAPPY AND FREE FROM SUFFERING.
-
LIFE RELEASE PROGRAMWe conduct traditional Buddhist life release practices, a compassionate act of freeing animals.
Expenses $52,205 · Revenue $204,585
-
Student Support ProgramWe provide support to a select group of student candidates. These individuals are recommended by our members and chosen based on their commitment to pursuing educational courses from a variety of sources, including their own schools, external providers, and courses offered by our institute.
Expenses $16,650
-
Joshua Tree Buddhist Center ProjectWe are developing a new Buddhist center in Joshua Tree. This project, supported by land donations from our members, is also open to further contributions. The center will feature traditional elements such as temples, stupas, prayer wheels, and flags.
Expenses $13,520 · Revenue $36,190
-
Community Events & CelebrationsWe organize daily activities, as well as observances for Buddhist holidays and institutional milestones. These events occasionally require coordination and consultation with external vendors and professionals.
Expenses $12,410 · Revenue $15,316
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Wei Min ZhangWEI MIN ZHANG
Secretary
- Total calculated
- $0
- Hours/week
- 0
-
Wei Ping DengWEI PING DENG
CEO
- Total calculated
- $0
- Hours/week
- 0
-
Hong LiHONG LI
CFO
- Total calculated
- $0
- Hours/week
- 0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 4 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503089349302715
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