Nonprofit · EIN 02-0660127
HWAZAN BUDDHIST FOUNDATION
Tax-exempt · MERCER ISLAND, WA 98040
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,478,600 | $1,173,239 | $305,361 | $2,700,612 | $0 | $2,700,612 |
| December 31, 2023 | 990 | $1,456,181 | $971,757 | $484,424 | $2,395,251 | $0 | $2,395,251 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,478,600
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,880
- Occupancy
- $307,000
- Program services (functional)
- $1,119,367
- Management and general (functional)
- $53,872
Balance sheet and other
- Total assets, start of year
- $2,395,251
- Total assets, end of year
- $2,700,612
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,700,612
- Net assets without donor restrictions
- $2,700,612
- Gross receipts
- $1,478,600
- Employees
- 0
- Volunteers
- 25
- Year formed
- 2003
- State of legal domicile
- WA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JUDY HSIEH | PRESIDENT, DIRECTOR Trustee or director, Officer | 35 | $0 |
| JACK HSIEH | VP, DIRECTOR Trustee or director, Officer | 35 | $0 |
| SABRINA LOWE | DIRECTOR Trustee or director, Officer | 30 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JUDY HSIEH | PRESIDENT, DIRECTOR Trustee or director, Officer | 35 | $0 |
| JACK HSIEH | VP, DIRECTOR Trustee or director, Officer | 35 | $0 |
| JULIE HSIEH | DIRECTOR Trustee or director, Officer | 30 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 206, MERCER ISLAND, WA 98040-0206
- In care of
- % JUDY HSIEH
- Principal officer (990 for 2024)
- JACK HSIEH, 5644 BENT CREEK TRAIL, DALLAS, TX 75252
- Signed the 990
- JACK HSIEH, V.P.
- Phone
- (972) 769-8588
- Return prepared by
- FANG & ASSOCIATES INC
Mission
Promotion Buddhist by TV Program Promotion Meditation and Buddhist Moral Value & Education
Program accomplishments
- T. V. Program reach general public 24 hours a day to promote BuddhistExpenses $1,119,367 · revenue $1,478,600
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 02-0660127
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2003
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X99)
- Assets (IRS master file)
- $2,700,612
- Income (IRS master file)
- $1,478,600
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,478,600 | $1,173,239 | $2,700,612 | XML |
| 990 | December 2023 | $1,456,181 | $971,757 | $2,395,251 | XML |
| 990 | December 2022 | $1,719,123 | $1,141,092 | $1,885,324 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 02-0660127).
Questions about HWAZAN BUDDHIST FOUNDATION
- What is the EIN of HWAZAN BUDDHIST FOUNDATION?
- The employer identification number (EIN) of HWAZAN BUDDHIST FOUNDATION is 02-0660127.
- Is HWAZAN BUDDHIST FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to HWAZAN BUDDHIST FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HWAZAN BUDDHIST FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HWAZAN BUDDHIST FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HWAZAN BUDDHIST FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of HWAZAN BUDDHIST FOUNDATION?
- The 990 for the year ended December 31, 2024 names JACK HSIEH.
- Who are the officers and directors of HWAZAN BUDDHIST FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does HWAZAN BUDDHIST FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,478,600, expenses of $1,173,239 and total assets of $2,700,612 at year end.
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