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Happy Monastery Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 833909737 ✦ Sarasota, FL ✦ Designated as a 501(c)(3)

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Overview

What is Happy Monastery Inc?

Happy Monastery Inc, situated in Sarasota, Florida, serves as a Buddhist temple and meditation center. Their primary focus is on sharing Buddhist teachings and practices, reaching out to the community both in person and through digital platforms like Facebook and YouTube. Established at 4101 South Lockwood Ridge Road, this religious organization is dedicated to providing a space for individuals seeking spiritual growth and enlightenment within the Vietnamese Buddhist tradition.


Official website here: www.happymonastery.org

Is Happy Monastery Inc legitimate?

Happy Monastery Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Happy Monastery Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $20,788
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.happymonastery.org

What is the mission statement of Happy Monastery Inc?

Happy Monastery Inc serves as a Buddhist temple and meditation center, offering teachings and practices both in person and through digital platforms like Facebook and YouTube. Their mission is to spread Buddhist teachings, promoting a spiritual and peaceful lifestyle. The organization utilizes these mediums to reach a wider audience and foster a community of individuals interested in Buddhism. While specific details about their advocacy or support activities are not provided, it can be inferred that they aim to promote Buddhist principles and practices to those seeking spiritual guidance and enlightenment.


Official website here: www.happymonastery.org

Who is the CEO of Happy Monastery Inc?

Rin Cong Nguyen is the President of Happy Monastery Inc.


Official website here: www.happymonastery.org

What is the revenue of Happy Monastery Inc?

Happy Monastery Inc's revenue in 2020 was $369,132.


Official website here: www.happymonastery.org

Who are the executives of Happy Monastery Inc and what are their salaries?

There 60 volunteers at Happy Monastery Inc.


Here are 3 key members and their salaries:


Rin Cong Nguyen (President)
  • Compensation: $20,788
  • Related: $0
  • Other: $0
Ha Thanh Nguyen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cuong Nguyen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.happymonastery.org

Where can I find the form 990 for Happy Monastery Inc?

Happy Monastery Inc's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.happymonastery.org

Learn more at the official website: www.happymonastery.org

Mission Statement of Happy Monastery Inc

Happy Monastery Inc serves as a Buddhist temple and meditation center, sharing the teachings and practices of Buddhism through both in-person and digital platforms. Located in Sarasota, Florida, this religious Vietnamese temple uses social media, including Facebook and YouTube, to disseminate its teachings to a wider audience. The mission of Happy Monastery Inc is to provide a space for individuals to explore and deepen their understanding of Buddhism, fostering a sense of spiritual growth and well-being.

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Impact




October, 2024

Happy Monastery Inc significantly impacts the Sarasota community by serving as a hub for Buddhist teachings and practices. The temple offers a space for meditation, fostering a sense of peace and mindfulness among its visitors. By leveraging both in-person gatherings and social media platforms like Facebook and YouTube, Happy Monastery Inc effectively reaches a wider audience, sharing valuable insights into Buddhist philosophy and practice.

The temple not only nurtures spiritual growth but also bridges cultural divides, allowing individuals from various backgrounds to explore and engage with Buddhist traditions. Its mission to provide a serene environment for meditation encourages community members to prioritize their mental well-being. Overall, Happy Monastery Inc plays a vital role in promoting spirituality, mindfulness, and community cohesion in Sarasota.




This information is meant to be a general summary of Happy Monastery Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$369,132 (2020)
Expenses
$126,245 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Program Service Revenue: $14,889
  • Gross Receipts: $369,132

Assets and Liabilities:

  • Total Assets: $287,863
  • Total Liabilities: $31,863
  • Net Assets: $256,000

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SOCIAL MEDIA

Revenue

$14,889

Organization Details

Founding Year

2018

Principal Officer

Rin Cong Nguyen

Main Address

4101 SOUTH LOCKWOOD RIDGE RD, SARASOTA, FL, 34231

NTEE Category

Code: X50 - Religion related

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