The Wat Lao American Buddhist Center Of High Point North Carolin in Archdale, North Carolina (NC)

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The Wat Lao American Buddhist Center Of High Point North Carolin
Employer Identification Number (EIN)562262423
Name of OrganizationThe Wat Lao American Buddhist Center Of High Point North Carolin
Address1635 Kersey Valley Rd, Archdale, NC 27263-9412
SubsectionReligious Organization
Ruling Date02/2003
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 - Not required to file (church)
Asset Amount$196,077
Amount of Income$45,232
Form 990 Revenue Amount$45,232

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Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$55,221
Contributions, gifts, grants, and similar amounts received$55,221
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$34,693
Total net assets$54,793
Excess for the year$20,528
Net assets or fund balances at beginning of year$34,867
Other changes in net assets or fund balances$-602
Balance Sheets (for 2011)
Total assets$201,894
Total liabilities$147,101
Net assets or fund balances$54,793
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: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2011)
2007 - 2011 Total
Total support$178,394
Gifts, grants, contributions, and membership fees received$178,394
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$0
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 and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
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