Nonprofit · EIN 47-2277173
MP PRAJNA BUDDHIST MISSION INC
Tax-exempt · MONTEREY PARK, CA 91754
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $514,990 | $538,967 | -$23,977 | $130,267 | $142,879 | -$12,612 |
| December 31, 2023 | 990 | $459,616 | $469,167 | -$9,551 | $162,244 | $150,879 | $11,365 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $512,738
- Program service revenue
- $0
- Investment income
- $2,252
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $117,000
- Other salaries and wages
- $74,563
- Salaries, compensation and benefits (total)
- $207,982
- Professional fundraising fees
- $0
- Accounting fees
- $6,000
- Occupancy
- $117,600
- Travel
- $4,335
- Depreciation
- $457
- Program services (functional)
- $160,428
- Management and general (functional)
- $378,539
Balance sheet and other
- Total assets, start of year
- $162,244
- Total assets, end of year
- $130,267
- Total liabilities, end of year
- $142,879
- Net assets, end of year
- -$12,612
- Land, buildings and equipment
- $4,508
- Net assets without donor restrictions
- -$12,612
- Gross receipts
- $514,990
- Employees
- 8
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 |
|---|---|---|---|
| LILY LI HUANG | President Officer | 30 | $67,600 |
| HUANG WEN HUANG | Secretary Officer | 30 | $49,400 |
| DAVE HUANG | CFO Officer | 15 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LILY LI HUANG | President Officer | 30 | $67,600 |
| HUANG WEN HUANG | Secretary Officer | 30 | $49,400 |
| DAVE HUANG | CFO Officer | 15 | $4,000 |
Address and contacts
- Address (IRS master file)
- 527 S ATLANTIC BLVD, MONTEREY PARK, CA 91754-3815
- In care of
- % MP PRAJNA BUDDHIST MISSION INC
- Principal officer (990 for 2024)
- LILY LI HUANG, 527 S ATLANTIC BLVD, MONTEREY PARK, CA 91754
- Signed the 990
- LILY LI HUANG, President
- Phone
- (714) 878-1478
- Return prepared by
- TRUSTY BOOKKEEPING & INCOME TAX SVCS INC
California records
California keeps its own records of charities and corporations. Search them by EIN 47-2277173 or by the name MP PRAJNA BUDDHIST MISSION INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
THE ORGANIZATION IS TO PROMOTE THE SPIRIT OF THE CHINESE CULTURE THROUGH WISDOM TO PROVIDE AN OPPORTUNITY FOR EVERYONE TO LEARN TO BE GOOD.
Program accomplishments
- THE ORGANIZATION WELCOMES PEOPLE FROM ALL OVER TO PRAY FOR GOOD LUCK, HEALTH & HAPPINESS IN MANY OF THEIR EVENT ACTIVITIES.Expenses $160,428 · revenue $512,738
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
- 47-2277173
- 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
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X50)
- Assets (IRS master file)
- $130,267
- Income (IRS master file)
- $514,990
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $514,990 | $538,967 | $130,267 | IRS |
| 990 | December 2023 | $459,616 | $469,167 | $162,244 | XML |
| 990 | December 2022 | $423,499 | $500,995 | $190,897 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 47-2277173).
Questions about MP PRAJNA BUDDHIST MISSION INC
- What is the EIN of MP PRAJNA BUDDHIST MISSION INC?
- The employer identification number (EIN) of MP PRAJNA BUDDHIST MISSION INC is 47-2277173.
- Is MP PRAJNA BUDDHIST MISSION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to MP PRAJNA BUDDHIST MISSION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MP PRAJNA BUDDHIST MISSION 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 MP PRAJNA BUDDHIST MISSION INC 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 MP PRAJNA BUDDHIST MISSION INC 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 MP PRAJNA BUDDHIST MISSION INC?
- The 990 for the year ended December 31, 2024 names LILY LI HUANG.
- Who are the officers and directors of MP PRAJNA BUDDHIST MISSION INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 2 received compensation from the organization, the highest $67,600 (LILY LI HUANG, President).
- How much revenue does MP PRAJNA BUDDHIST MISSION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $514,990, expenses of $538,967 and total assets of $130,267 at year end.
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All nonprofits in MONTEREY PARK · California · Religion-related