Nonprofit · EIN 04-3393565
BUDDHAYANA FOUNDATION INC
Tax-exempt · MARION, MA 02738
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| April 30, 2025 | 990 | $128,261 | $156,496 | -$28,235 | $353,641 | $0 | $353,641 |
| April 30, 2024 | 990 | $22,435 | $78,135 | -$55,700 | $382,431 | $555 | $381,876 |
Financial details: 990 for the year ended April 30, 2025
Revenue
- Contributions, gifts and grants
- $100,137
- Program service revenue
- $0
- Investment income
- $27,514
- Royalties
- $610
- Net gain from sales of assets
- $19,539
- Other revenue
- $610
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $16,021
- Salaries, compensation and benefits (total)
- $21,257
- Professional fundraising fees
- $0
- Legal fees
- $1,200
- Accounting fees
- $3,250
- Travel
- $1,721
- Depreciation
- $951
- Program services (functional)
- $135,030
- Management and general (functional)
- $21,466
Balance sheet and other
- Total assets, start of year
- $382,431
- Total assets, end of year
- $353,641
- Total liabilities, end of year
- $0
- Net assets, end of year
- $353,641
- Land, buildings and equipment
- $26,215
- Publicly traded securities
- $306,293
- Net assets without donor restrictions
- $353,641
- Gross receipts
- $222,209
- Employees
- 1
- Volunteers
- 0
- Year formed
- 1996
- State of legal domicile
- MA
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 April 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TENDZIN N PARSONS | TREASURER Officer | 10 | $16,021 |
| MICHAEL BALDWIN | PRESIDENT & CLERK Trustee or director, Officer | 10 | $0 |
| DAVID A BARRETT | TRUSTEE Trustee or director | 10 | $0 |
990 for the year ended April 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TENDZIN N PARSONS | TREASURER Officer | 10 | $24,000 |
| MICHAEL BALDWIN | PRESIDENT & CLERK Trustee or director, Officer | 10 | $0 |
| DAVID A BARRETT | TRUSTEE Trustee or director | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 204 SPRING ST, MARION, MA 02738-1570
- Principal officer (990 for 2024)
- MICHAEL BALDWIN, 204 SPRING STREET, MARION, MA 02738
- Signed the 990
- MICHAEL BALDWIN, PRESIDENT
- Phone
- (508) 748-0800
- Return prepared by
- BERGER KATZ WEISHAUS & LENZA PC
Mission
TO DISSEMINATE KNOWLEDGE OF BUDDHISM, VIA BOOKS, PAMPLETS AND SEMINARS
Program accomplishments
- TO PRESERVE AND PROMOTE THE BUDDHIST RELIGIOUS TRADITION,PARTICULARLY THE NYINGMA TRADITION OF TIBETAN BUDDHISM,BY ENGAGING IN THE FOLLOWING ACTIVITIES:(A) AQUIRING BUDDHIST MANUSCRIPTS AND RELATED MATERIALS,PARTIULARLY THOSE IN THE NYINGMA TRADITION OF TIBETANBUDDHISM;(B) EMPLOYING QUALIFIED SCHOLARS AND/OR TRANSLATORS TOTRANSLATE SUCH MATERIALS;(C) AQUIRING APPROPRIATE SPACE TO HOUSE SUCH MATERIALS ANDTO PROVIDE A PLACE FOR SUCH SCHOLARS AND/OR TRANSLATORS TOPURSUE SUCH WORK;(D) PUBLISHING THE TRANSLATED WORK;(E) ESTABLISHING AND MAINTAINING PLACES FOR RELIGIOUS WORSHIP, PRAYER AND MEDITATION IN ACCORDANCE WITH THE CUSTOMS, RELIGIOUS TENETS AND TRADITIONS OF THE NYINGMA TRADITION OF TIBETAN BUDDHISM;(F) CONDUCTING SERVICES OF RELIGIOUS WORSHIP, PRAYER AND MEDITATION IN ACCORDANCE WITH THE CUSTOMS, RELIGIOUS TENENTS AND TRADITIONS OF THE NYINGMA TRADITION OF TIBETAN BUDDHISM;(G) DISSEMNATION KNOWLEDGE OF BUDDHISM BY ALL APPROPRIATE METHODS, INCLUDING, BUT NOT LIMITED TO, PUBLICATION OF BOOKS, PERIODICALS AND PAMPHLETS, AND PRESENTATION OF LECTURES AND SEMINARS, FOR THE USE OF OR TO INSTITUTIONS, SCHOLARS OR THE PUBLIC GENERALLY;(H) SUPPORTING THE WORK OF BUDDHIST PRIESTS AND MONASTERIES THROUGHOUT THE WORLD; AND,(I) ENGAGING IN SUCH OTHER ACTIVITIES AND PROGRAMS IN FURTHERANCE OF THE FOREGOING PURPOSES AS MAY BE CARRIED OUT BY A CORPORATION ORGANIZED UNDER MASSACHUSETTS GENERAL LAWS CHAPTER 180 AND DESCRIBED IN SECTION 501(C) (3) OF THEExpenses $135,030
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 April, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | April 30, 2026 | September 15, 2026 | Not on file |
| 2024 | April 30, 2025 | September 15, 2025 | 990 on file |
| 2023 | April 30, 2024 | September 16, 2024 | 990 on file |
IRS record
- EIN
- 04-3393565
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1998
- Accounting year ends
- April
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A33)
- Assets (IRS master file)
- $353,641
- Income (IRS master file)
- $222,209
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | April 2025 | $128,261 | $156,496 | $353,641 | XML |
| 990 | April 2024 | $22,435 | $78,135 | $382,431 | XML |
| 990 | April 2023 | $17,891 | $71,964 | $438,148 | IRS |
| 990 | April 2022 | $19,789 | $66,230 | $492,233 | IRS |
| 990 | April 2021 | – | – | – | IRS |
| 990 | April 2020 | – | – | – | IRS |
| 990 | April 2019 | – | – | – | IRS |
| 990 | April 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 04-3393565).
Questions about BUDDHAYANA FOUNDATION INC
- What is the EIN of BUDDHAYANA FOUNDATION INC?
- The employer identification number (EIN) of BUDDHAYANA FOUNDATION INC is 04-3393565.
- Is BUDDHAYANA FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to BUDDHAYANA FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BUDDHAYANA FOUNDATION INC 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 BUDDHAYANA FOUNDATION INC due?
- The return for tax year 2025 (the year ending April 30, 2026) is due September 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BUDDHAYANA FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended April 2025.
- Who is the principal officer of BUDDHAYANA FOUNDATION INC?
- The 990 for the year ended April 30, 2025 names MICHAEL BALDWIN.
- Who are the officers and directors of BUDDHAYANA FOUNDATION INC?
- The 990 for the year ended April 30, 2025 lists 3 people; 1 received compensation from the organization, the highest $16,021 (TENDZIN N PARSONS, TREASURER).
- How much revenue does BUDDHAYANA FOUNDATION INC have?
- On its 990 for the year ended April 30, 2025 it reported revenue of $128,261, expenses of $156,496 and total assets of $353,641 at year end.
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