Prapancha Inc, Hongwanji Place in Los Angeles, California (CA)

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Prapancha Inc, Hongwanji Place
Employer Identification Number (EIN)954722320
Name of OrganizationPrapancha Inc
Secondary NameHongwanji Place
In Care of NameEdward M Takemori Hongwanji Place
Address1311 W 37th Street, Los Angeles, CA 90007
SubsectionCharitable Organization
Ruling Date09/1999
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
Exempt Organization StatusUnconditional Exemption
Tax Period2013
Filing Requirement990 - Not required to file (all other)
Asset Amount$16,249
Amount of Income$16,123
Form 990 Revenue Amount$16,123
National Taxonomy of Exempt Entities (NTEE)Religion-Related, Spiritual Development: Single Organization Support

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Amount of income in 2013: $16,123 (it was $0 in 2012)
This organization: 

Other organizations performing similar types of work: 


Assets in 2013: $16,249 (it was $0 in 2012)
This organization: 

Other organizations performing similar types of work: 


Expenses in 2011: $28,587
This organization: 

Other organizations performing similar types of work: 


Income to expenses ratio in 2011: 0.6
Prapancha Inc, Hongwanji Place: 

Other organizations performing similar types of work: 


Grants share in income in 2011: 0.6%
This organization: 

Other organizations performing similar types of work: 


Financial snapshot ($)

Revenue for 2011

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$16,123
Contributions, gifts, grants, and similar amounts received$100
Program service revenue including government fees and contracts$0
Membership dues and assessments$730
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$9,341
Gross income from gaming$0
Gross income from fundraising events$13,737
Less: direct expenses from gaming and fundraising events$4,396
Gross profit from sales of inventory$5,952
Gross sales of inventory, less returns and allowances$13,227
Less: cost of goods sold$7,275
Other revenue$0
Total expenses$28,587
Total net assets$16,249
Deficit for the year$-12,464
Net assets or fund balances at beginning of year$28,713
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$16,249
Total liabilities$0
Net assets or fund balances$16,249
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$14,217
Gifts, grants, contributions, and membership fees received$14,217
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Gross receipts from related activities, etc.$29,129
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Number of organizations performing similar types of work
District of Columbia8
North Carolina26
North Dakota2
New Hampshire2
New Jersey19
New Mexico2
New York57
Rhode Island5
South Carolina19
South Dakota1
West Virginia1
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