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Barre Center for Buddhist Studies, Inc.

Cultivating Wisdom, Deepening Practice, Building Community

aka BCBS   |   Barre, MA   |  www.buddhistinquiry.org
GuideStar Charity Check

Barre Center for Buddhist Studies, Inc.

EIN: 22-3058493


Mission

The Barre Center for Buddhist Studies offers the integration of study and practice in exploring the many streams of teaching and expression that flow from the sources of early Buddhism. Our onsite and online programs combine contemplative and relational elements supportive of personal transformation. As an inclusive community, we welcome all interested in Buddhist inquiry as a way of developing wisdom and compassion for the benefit of all beings.

Notes from the nonprofit

As of November 2022, our status has been officially changed by the IRS from a Supporting Organization to a Public Charity.

Ruling year info

1990

Executive Director

Mr. Richard Henning

Main address

149 Lockwood Rd

Barre, MA 01005 USA

Show more contact info

EIN

22-3058493

Subject area info

Education

Adult education

Buddhism

Spirituality

Population served info

Adults

Buddhists

NTEE code info

Buddhist (X50)

Adult, Continuing Education (B60)

Education N.E.C. (B99)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Blog

Affiliations

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Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Barre Center for Buddhist Studies

BCBS offers a variety of study and research opportunities, lectures, classes, seminars, workshops, conferences, retreats and independent study programs. The study center program is rooted in the classical Buddhist tradition of the earliest teachings and practices, but its vision calls for dialogue between different schools of Buddhism and discussions with other religious and scientific traditions. The emphasis is on the interrelationship between study and practice, and on exploring the relevance of classical teachings to contemporary life.

Population(s) Served
Buddhists
Adults

Where we work

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We demonstrated a willingness to learn more by reviewing resources about feedback practice.
done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We take steps to get feedback from marginalized or under-represented people, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on demographics (e.g., race, age, gender, etc.), We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive

  • What challenges does the organization face when collecting feedback?

    We don't have any major challenges to collecting feedback

Financials

Barre Center for Buddhist Studies, Inc.
Fiscal year: Jan 01 - Dec 31
Financial documents
2022 Barre Center for Buddhist Studies
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

20.17

Average of 21.20 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

15.9

Average of 7 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

32%

Average of 29% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Barre Center for Buddhist Studies, Inc.

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Barre Center for Buddhist Studies, Inc.

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Barre Center for Buddhist Studies, Inc.

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Barre Center for Buddhist Studies, Inc.’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $143,582 $859,615 -$177,540 $1,675,411 $863,164
As % of expenses 17.1% 94.6% -18.6% 135.5% 49.2%
Unrestricted surplus (deficit) after depreciation $38,774 $768,539 -$280,621 $1,588,819 $784,826
As % of expenses 4.1% 76.9% -26.6% 120.1% 42.8%
Revenue composition info
Total revenue (unrestricted & restricted) $976,137 $1,452,338 $1,343,177 $1,727,816 $3,152,155
Total revenue, % change over prior year -4.3% 48.8% -7.5% 28.6% 82.4%
Program services revenue 58.3% 39.5% 38.7% 63.5% 31.6%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 5.6% 4.3% 4.5% 3.2% 2.3%
Government grants 0.0% 0.0% 0.0% 9.5% 0.7%
All other grants and contributions 35.1% 55.9% 55.9% 23.1% 64.8%
Other revenue 0.9% 0.3% 0.9% 0.7% 0.5%
Expense composition info
Total expenses before depreciation $842,009 $908,864 $951,987 $1,236,769 $1,754,474
Total expenses, % change over prior year 7.2% 7.9% 4.7% 29.9% 41.9%
Personnel 59.2% 56.3% 58.7% 54.2% 46.9%
Professional fees 1.4% 2.9% 1.4% 8.3% 24.6%
Occupancy 12.2% 10.9% 8.4% 8.5% 11.2%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 5.9% 5.2% 5.8% 6.1% 4.9%
All other expenses 21.3% 24.6% 25.6% 23.0% 12.5%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $946,817 $999,940 $1,055,068 $1,323,361 $1,832,812
One month of savings $70,167 $75,739 $79,332 $103,064 $146,206
Debt principal payment $1,604 $1,603 $1,604 $1,871 $1,737
Fixed asset additions $213,245 $0 $0 $135,104 $0
Total full costs (estimated) $1,231,833 $1,077,282 $1,136,004 $1,563,400 $1,980,755

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 3.9 4.7 9.5 9.2 15.9
Months of cash and investments 32.7 42.1 49.0 42.8 36.4
Months of estimated liquid unrestricted net assets 30.2 40.6 9.0 21.9 20.5
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $273,796 $354,651 $753,974 $947,312 $2,329,573
Investments $2,023,874 $2,832,038 $3,130,744 $3,467,455 $2,999,017
Receivables $15,451 $993 $162 $1,147 $0
Gross land, buildings, equipment (LBE) $3,802,853 $3,792,051 $3,792,051 $3,927,155 $3,961,821
Accumulated depreciation (as a % of LBE) 62.3% 64.0% 66.5% 66.4% 67.8%
Liabilities (as a % of assets) 3.7% 3.0% 3.8% 1.4% 4.0%
Unrestricted net assets $3,543,568 $4,432,375 $1,982,872 $3,571,691 $4,279,863
Temporarily restricted net assets $120,268 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $120,268 $0 $2,985,266 $2,085,473 $2,068,618
Total net assets $3,663,836 $4,432,375 $4,968,138 $5,657,164 $6,348,481

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

Executive Director

Mr. Richard Henning

Number of employees

Source: IRS Form 990

Barre Center for Buddhist Studies, Inc.

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
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Compensation data
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There are no highest paid employees recorded for this organization.

Barre Center for Buddhist Studies, Inc.

Board of directors
as of 01/24/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board co-chair

Rebecca Henderson


Board co-chair

Rosalyn Driscoll

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 1/16/2024

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

Equity strategies

Last updated: 01/16/2024

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We ask team members to identify racial disparities in their programs and / or portfolios.
  • We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
  • We disaggregate data by demographics, including race, in every policy and program measured.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions.
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.

Contractors

Fiscal year ending
There are no fundraisers recorded for this organization.