HWAZAN BUDDHIST FOUNDATION: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
HWAZAN BUDDHIST FOUNDATION (EIN 02-0660127)
Tax period
2010-01-01 to 2010-12-31
Filed
2011-08-15
IRS object ID
201122279349303707
Schema version
2010v3.2
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2011-08-15T13:39:34-07:00Timestamp
Tax Period End Date2010-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1FANG & ASSOCIATES INCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line16300 STONEWOOD DR 308AddressLine1
CityPLANOCity
StateTXState
ZIP Code75024ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2010-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN020660127EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1HWAZAN BUDDHIST FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlHWAZNameControl
Phone9727698588Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line15644 BENT CREEK TRAILAddressLine1
CityDALLASCity
StateTXState
ZIP Code75252ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameJACK HSIEHName
TitleVPTitle
Phone9727698588Phone
Date Signed2011-05-13DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
NameCATHERINE FANGName
Phone9727698588Phone
Date Prepared2011-08-15DatePrepared
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonJACK HSIEHNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line15644 BENT CREEK TRAILAddressLine1
CityDALLASCity
StateTXState
ZIP Code75252ZIPCode
FieldValueIRS element (for citing)
Gross Receipts1403570GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteN/AWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation2003YearFormation
State Legal DomicileTXStateLegalDomicile
Activity Or Mission DescriptionPromtion Buddhist by TV ProgramActivityOrMissionDescription
Nbr Voting Members Governing Body6NbrVotingMembersGoverningBody
Nbr Independent Voting Members6NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers25TotalNbrVolunteers
Total Gross UBI1TotalGrossUBI
Contributions Grants Prior Year988890ContributionsGrantsPriorYear
Contributions Grants Current Year1403569ContributionsGrantsCurrentYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year1InvestmentIncomePriorYear
Investment Income Current Year1InvestmentIncomeCurrentYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year988891TotalRevenuePriorYear
Total Revenue Current Year1403570TotalRevenueCurrentYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year866831OtherExpensePriorYear
Other Expenses Current Year852855OtherExpensesCurrentYear
Total Expenses Prior Year866831TotalExpensesPriorYear
Total Expenses Current Year852855TotalExpensesCurrentYear
Revenues Less Expenses Prior Year122060RevenuesLessExpensesPriorYear
Revenues Less Expenses CY550715RevenuesLessExpensesCY
Total Assets BOY290068TotalAssetsBOY
Total Assets EOY369079TotalAssetsEOY
Total Liabilities BOY1283800TotalLiabilitiesBOY
Total Liabilities EOY812096TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY-993732NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY-443017NetAssetsOrFundBalancesEOY
Mission DescriptionPromtion Buddhist by TV ProgramMissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense852855Expense
Revenue973569Revenue
DescriptionT. V. PROGRAM REACH GENERAL PUBLIC 24 HOURS A DAY TO PROMOTE BUDDHISTDescription
Total Program Service Expense852855TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredtrueScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentsfalseTermOrPermanentEndowments
Report Land Bldg EquiptrueReportLandBldgEquip
Report Invest Oth SecuritiesfalseReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetsfalseReportOtherAssets
Report Other LiabilitiesfalseReportOtherLiabilities
Report Fin48 FootnotefalseReportFin48Footnote
Independent Audit Financial StmtfalseIndependentAuditFinancialStmt
Consolidated Audit Financial StmtfalseConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiesfalseForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiesfalseFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationsfalseGrantsToOrganizations
Grants To IndividualsfalseGrantsToIndividuals
Schedule J RequiredfalseScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionsfalseDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntityfalseRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With10960NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingtrueComplianceWithBackupWitholding
Number Of Employees0NumberOfEmployees
Employment Tax Returns FiledtrueEmploymentTaxReturnsFiled
Unrelated Business IncomefalseUnrelatedBusinessIncome
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Quid Pro Quo ContributionsfalseQuidProQuoContributions
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Excess Business HoldingsfalseExcessBusinessHoldings
Taxable DistributionsfalseTaxableDistributions
Distribution To DonorfalseDistributionToDonor
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members6NbrVotingGoverningBodyMembers
Number Independent Voting Members6NumberIndependentVotingMembers
Family Or Business RelationshiptrueFamilyOrBusinessRelationship
Delegation Of Management DutiestrueDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholderstrueMembersOrStockholders
Election Of Board MemberstrueElectionOfBoardMembers
Decisions Subject To ApprovaltrueDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChapterstrueLocalChapters
Policies Reference ChapterstruePoliciesReferenceChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicyfalseConflictOfInterestPolicy
Whistleblower PolicyfalseWhistleblowerPolicy
Document Retention PolicyfalseDocumentRetentionPolicy
Compensation Process CEOfalseCompensationProcessCEO
Compensation Process OtherfalseCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
States Where Copy Of Return Is FiledTXStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1CATHERINE FANG CPABusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number9727698588TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line16300 STONEWOOD DRIVE SUTIE 308AddressLine1
CityPLANOCity
StateTXState
ZIP Code75024ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedXNoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (6 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
JUDY HSIEH
PRSIDENT, DIRECTOR20.00XX000
JACK HSIEH
VP, DIRECTOR20.00XX000
SABRINA LOWE
DIRECTOR40.00X000
TSUI-MIN YEN CHEN
DIRECTOR20.00X000
PHILLIP CHEN
DIRECTOR20.00X000
JULIE HSIEH
DIRECTOR20.00X000
FieldValueIRS element (for citing)
Formers ListedfalseFormersListed
Total Comp GT150 KfalseTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources
All Other Contributions1403569AllOtherContributions
Total Contributions1403569TotalContributions

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column1TotalRevenueColumn
Unrelated Business Revenue1UnrelatedBusinessRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column1403570TotalRevenueColumn
Unrelated Business Revenue1UnrelatedBusinessRevenue

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total2000Total
Program Services2000ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total1500Total
Program Services1500ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total3063Total
Program Services3063ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total20105Total
Program Services20105ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Occupancy Occupancy

FieldValueIRS element (for citing)
Total250000Total
Program Services250000ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Travel Travel

FieldValueIRS element (for citing)
Total359Total
Program Services359ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total24216Total
Program Services24216ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneralFundraisingFundraising
Transportation5118511800
Telephone2977297700
T.V. Program51600051600000
Repair/Maintenance184741847400
Utilities5511551100

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total3532Total
Program Services3532ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total852855Total
Program Services852855ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY125915BOY
EOY229142EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY47000BOY
EOY47000EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis193328LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec100391LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY117153BOY
EOY92937EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY290068BOY
EOY369079EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

FieldValueIRS element (for citing)
BOY1283800BOY
EOY812096EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY1283800BOY
EOY812096EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY-993732BOY
EOY-443017EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY-993732BOY
EOY-443017EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY290068BOY
EOY369079EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses550715ReconcilationRevenueExpenses
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedfalseFSAudited
Federal Grant Audit RequiredfalseFederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2XPubliclySupportedOrg509a2
Public Support Total1700PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Total0Total
FieldValueIRS element (for citing)
Public Support Pertcentage1700PublicSupportPertcentage170

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years340574CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years771929CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years832081CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year988890CurrentTaxYearMinus1Year
Current Tax Year973569CurrentTaxYear
Total3907043Total

Total509 Total509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years340574CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years771929CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years832081CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year988890CurrentTaxYearMinus1Year
Current Tax Year973569CurrentTaxYear
Total3907043Total
FieldValueIRS element (for citing)
Public Support Total5093907043PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years813CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years69CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years4CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1CurrentTaxYearMinus1Year
Total887Total

Investment Income And UBTI InvestmentIncomeAndUBTI

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years813CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years69CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years4CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1CurrentTaxYearMinus1Year
Total887Total

Total Support Total TotalSupportTotal

FieldValueIRS element (for citing)
Total3907930Total
FieldValueIRS element (for citing)
Public Support Percentage5090.99980PublicSupportPercentage509
Prior Year Support Percentage0.99960PriorYearSupportPercentage
Investment Income Percentage0.00020InvestmentIncomePercentage
Prior Yr Invest Income Percentage0.00040PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509XThirtyThreePercntTestsCY509

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovements

FieldValueIRS element (for citing)
Other Cost Or Other Basis111408OtherCostOrOtherBasis
Depreciation79322Depreciation
Book Value32086BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis26500OtherCostOrOtherBasis
Depreciation21069Depreciation
Book Value5431BookValue

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis55420OtherCostOrOtherBasis
Book Value55420BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings92937TotalOfBookValueLandBuildings

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

IdentifierIdentifierExplanationExplanation
Pt VI-A, Line 2Judy Hsieh, Jack Hsieh are husband and wife
Pt VI-A, Line 3Hire employees with management duties
Pt VI-A, Line 6There are six members oversee the operations
Pt VI-A, Line 7aThe six members will elect the governing body
Pt VI-A, Line 7bAnnual Meeting of the members will make the decisions
Pt VI-B, Line 11aForm 990 will be review by the governing body for approval
Pt VI-C, Line 19All the information is Open to the Public
Form 990, Part IX, Line 24fLICENSE 312. 312. 0. 0. POSTAGE/DELIVERY 3220. 3220. 0. 0.

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