DRIKUNG KAGYU FOUNDATION USA: Form 990EZ, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: DRIKUNG KAGYU FOUNDATION USA (EIN 46-2214426)
Tax period: 2020-01-01 to 2020-12-31
Filed: 2021-04-29
IRS object ID: 202111199349200526
Schema version: 2020v4.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-EZ
Schedule A
Schedule B
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-04-29T08:40:56-07:00	ReturnTs
Tax Period End	2020-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	710445436	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Priddy Holifield Ables PA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	615 Main Street	AddressLine1Txt
City	North Little Rock	CityNm
State Abbreviation	AR	StateAbbreviationCd
ZIP	72114	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990EZ	ReturnTypeCd
Tax Period Begin	2020-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	462214426	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Drikung Kagyu Foundation USA Inc	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	DRIK	BusinessNameControlTxt
Phone	8282157222	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	8 Rich Street	AddressLine1Txt
City	Ashville	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	28806	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Hun Lye	PersonNm
Person Title	Secretary	PersonTitleTxt
Signature	2021-04-29	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	Hun	PersonFirstNm
Person Last	Lye	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Stacy T Holifield	PreparerPersonNm
PTIN	P01285020	PTIN
Phone	5013749241	PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	0	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd
Federated Assurance Level	FAL1	FederatedAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2020	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990-EZ IRS990EZ

Field	Value	IRS element (for citing)
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd
Website Address	www.drikungkagyufoundation.org	WebsiteAddressTxt
Organization501c3	Yes (X)	Organization501c3Ind
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Gross Receipts	$149,042	GrossReceiptsAmt
Info In Schedule O Part I	Yes (X)	InfoInScheduleOPartIInd
Contributions Gifts Grants Etc	$145,592	ContributionsGiftsGrantsEtcAmt
Program Service Revenue	$3,450	ProgramServiceRevenueAmt
Cost Or Other Basis Expense Sale	$0	CostOrOtherBasisExpenseSaleAmt
Fundraising Gross Income	$0	FundraisingGrossIncomeAmt
Special Events Direct Expenses	$0	SpecialEventsDirectExpensesAmt
Cost Of Goods Sold	$0	CostOfGoodsSoldAmt
Total Revenue	$149,042	TotalRevenueAmt
Fees And Other Pymt To Ind Cntrct	$1,590	FeesAndOtherPymtToIndCntrctAmt
Occupancy Rent Utlts And Maint	$4,722	OccupancyRentUtltsAndMaintAmt
Other Expenses Total	$7,629	OtherExpensesTotalAmt
Total Expenses	$13,941	TotalExpensesAmt
Excess Or Deficit For Year	$135,101	ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY	$148,958	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$284,059	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part II	Yes (X)	InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

Field	Value	IRS element (for citing)
BOY	$148,958	BOYAmt
EOY	$97,223	EOYAmt

Land And Buildings LandAndBuildingsGrp

Field	Value	IRS element (for citing)
EOY	$281,835	EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

Field	Value	IRS element (for citing)
EOY	$5,001	EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$148,958	BOYAmt
EOY	$384,059	EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

Field	Value	IRS element (for citing)
EOY	$100,000	EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

Field	Value	IRS element (for citing)
BOY	$148,958	BOYAmt
EOY	$284,059	EOYAmt

Field	Value	IRS element (for citing)
Primary Exempt Purpose	Religious Education	PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

Field	Value	IRS element (for citing)
Description Program Srvc Accom	Spiritual and cultural educational programs	DescriptionProgramSrvcAccomTxt
Grants And Allocations	$6,432	GrantsAndAllocationsAmt

Field	Value	IRS element (for citing)
Total Program Service Expenses	$6,432	TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (5 entries)

TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt
Skyabgon Chetsang Rinpoche
President	10.00	$0
Hun Lye
Secretary	10.00	$0
Konchok Rangdol
Director	10.00	$0
Juliette Perry
Director	10.00	$0
Song Ge
Director	10.00	$0

Field	Value	IRS element (for citing)
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt	false	ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI	false	OrganizationHadUBIInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Form1120 Pol Filed	false	Form1120PolFiledInd
Made Loans To From Officers	false	MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911	$0	TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912	$0	TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955	$0	TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr	$0	TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization	$0	TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	Hun Lye	PersonNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	8 Rich Street	AddressLine1Txt
City	Asheville	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	28806	ZIPCd

Field	Value	IRS element (for citing)
Phone	8282157222	PhoneNum

Field	Value	IRS element (for citing)
Foreign Financial Account	false	ForeignFinancialAccountInd
Foreign Office	false	ForeignOfficeInd
Donor Advised Fnds	false	DonorAdvisedFndsInd
Operate Hospital	false	OperateHospitalInd
Tanning Services Provided	false	TanningServicesProvidedInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	false	TransactionWithControlEntInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
School Operating	false	SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd Empl	NONE	PartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof Srvc	NONE	PartVIHghstPdCntrctProfSrvcTxt
Filed Schedule A	Yes (true)	FiledScheduleAInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Church	Yes (X)	ChurchInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Other Expenses.1002	Office Expenses $1516
Other Expenses.1003	Information Technology $125
Other Expenses.1005	Travel $5611
Other Expenses.1	Bank Charges $351
Other Expenses.2	Tax Expense $26
Other Assets.1002	Furniture and Fixtures - Beginning $0 Furniture and Fixtures - Ending $5001
Total Liabilities.1007	Secured Mortgages and Notes Payable - Beginning $0 Secured Mortgages and Notes Payable - Ending $100000

DRIKUNG KAGYU FOUNDATION USA: Form 990EZ, tax year 2020

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Preparer Person PreparerPersonGrp

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Form 990-EZ IRS990EZ

Cash Savings And Investments CashSavingsAndInvestmentsGrp

Land And Buildings LandAndBuildingsGrp

Other Assets Total Detail OtherAssetsTotalDetail

Form990 Total Assets Form990TotalAssetsGrp

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (5 entries)

Books In Care Of Detail BooksInCareOfDetail

US Address USAddress

Schedule A IRS990ScheduleA

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Contributor Business Name ContributorBusinessName

Contributor US Address ContributorUSAddress

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

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