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Nonprofit · EIN 52-1647445

WON BUDDHISM OF THE USA INC

Tax-exempt · ROCKVILLE, MD 20853

Financials

$248K$183K2023$219K$235K2024
Revenue Expenses · by fiscal year end
Financials of WON BUDDHISM OF THE USA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$218,674$235,464-$16,790$2,461,380$54,850$2,406,530
December 31, 2023990$248,065$183,378$64,687$2,533,919$110,599$2,423,320
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$217,043
Program service revenue
$0
Investment income
$1,241
Other revenue
$390

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$14,400
Other salaries and wages
$13,200
Salaries, compensation and benefits (total)
$29,711
Professional fundraising fees
$0
Accounting fees
$2,000
Travel
$609
Depreciation
$56,510
Program services (functional)
$235,464

Balance sheet and other

Total assets, start of year
$2,533,919
Total assets, end of year
$2,461,380
Total liabilities, end of year
$54,850
Net assets, end of year
$2,406,530
Land, buildings and equipment
$2,443,789
Gross receipts
$218,674
Employees
4
Volunteers
15
Year formed
1996
State of legal domicile
MD

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.

NameTitleHours / weekCompensation
EUNJU NAMTREASURER
Trustee or director, Officer
40$7,200
HONG JAE SHIMPRESIDENT
Trustee or director, Officer
40$7,200
JOONSOO CHUNGDIRECTOR
Trustee or director
2$0
JANE KOHDIRECTOR
Trustee or director
2$0
YUNG HIE KOHDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
EUNJU NAMTREASURER
Trustee or director, Officer
40$8,400
HONG JAE SHIMPRESIDENT
Trustee or director, Officer
40$8,400
JOONSOO CHUNGDIRECTOR
Trustee or director
2$0
JANE KOHDIRECTOR
Trustee or director
2$0
YUNG HIE KOHDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
4257 MUNCASTER MILL RD, ROCKVILLE, MD 20853-1430
Principal officer (990 for 2024)
HONG JAE SHIM, 4257 MUNCASTER MILL ROAD, ROCKVILLE, MD 20853
Signed the 990
HONG JAE SHIM, PRESIDENT
Phone
(301) 924-9200
Return prepared by
BOM HOE HUH CPA

Mission

RELIGIOUS WORSHIP

990 for the year ended December 31, 2024

Program accomplishments

  • RELIGIOUS WORSHIP
    Expenses $235,464

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
52-1647445
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Church
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1991
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,461,380
Income (IRS master file)
$218,674

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$218,674$235,464$2,461,380XML
990December 2023$248,065$183,378$2,533,919XML
990December 2022$209,800$186,205$2,689,232IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––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 52-1647445).

Questions about WON BUDDHISM OF THE USA INC

What is the EIN of WON BUDDHISM OF THE USA INC?
The employer identification number (EIN) of WON BUDDHISM OF THE USA INC is 52-1647445.
Is WON BUDDHISM OF THE USA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
Are donations to WON BUDDHISM OF THE USA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WON BUDDHISM OF THE USA 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 WON BUDDHISM OF THE USA 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 WON BUDDHISM OF THE USA 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 WON BUDDHISM OF THE USA INC?
The 990 for the year ended December 31, 2024 names HONG JAE SHIM.
Who are the officers and directors of WON BUDDHISM OF THE USA INC?
The 990 for the year ended December 31, 2024 lists 5 people; 2 received compensation from the organization, the highest $7,200 (EUNJU NAM, TREASURER).
How much revenue does WON BUDDHISM OF THE USA INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $218,674, expenses of $235,464 and total assets of $2,461,380 at year end.

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