RANGJUNG YESHE GOMDE CALIFORNIA · Rangjung Yeshe Gomde California and all Sangha ... A range of...

RYG CA is a Religious 501c3 Organization – Tax ID 95-4619361 www.gomdeusa.org | PO Box 162, Leggett CA 95585 | 707-925-0201 | [email protected]

RANGJUNG YESHE GOMDE CALIFORNIA

ANNUAL FINANCIAL REPORT FOR 2015

2015RYGCAAnnualFinancialReport PreparedAugust2016

Final2015Report 2

1. IntroductionandOverview

ItiswithgreatjoythatwepresentthisannualfinancialreporttotheboardandofficersofRangjungYesheGomdeCaliforniaandallSanghamembers.GomdeCAservestheSanghainseveralimportantwaysbyproviding:

1. ArangeofTibetanBuddhistteachingretreatseachsummerwithhighlamasandteachers.

2. AsummerstudyandpracticeprogramforstudentsofallbackgroundstogainexperienceinthecompleteBuddhistpath.

3. TraininginthetextualandoraltranslationofBuddhistlanguages.4. TranslatingthewordsoftheBuddhaandtheclassictextsofIndianandTibetan

Buddhism.5. Ayear-roundplaceforpersonalretreatandcontemplationwithlamasupportinthe

summer.6. ArefugeandpristineplacetostudyandpracticetheDharmawithoutthedistractionof

dailymodernlifeandpressures.

Gomdevolunteersasagroupmadeahugeandverysuccessfulefforttokeepoperatingexpenseslowonceagain.Wecouldnotcontinuetooperateandoffersuchamazingprogramswithouttheirdevotion,time,effort,andresources.ManyofthesesamevolunteersarealsofinancialdonorstoGomde.Inadditiontotheirlaborofloveanddevotion,ourmemberswereverygenerousin2015!Revenuesin2015totaledabout$326,000,including$3,900ininterestincome,whileexpensestotaledabout$264,500foraverypositivefiscalbalanceofabout$61,600.Thisrepresents19%ofourtotaloperatingrevenues.

2. ProgramsandEducation

GomdeCAhostedseveralmajorprogramsin2015includingseminarswithChökyiNyimaRinpoche,DzigarKongtrulRinpoche,andKhandroRinpoche,aretreatontheTārā’sTripleExcellenceProgramwithLamaTenzinandHeidiKoppel,andseveralprogramswithLamaTsultrimSangpothatofferedourcommunityextendedteachingsonkeypointsoftheBuddhistpath.Afterthefirein2014,itwasgreattohostourteachersonthelandonceagain!LamaTsultrimreturnedtoGomdeCAforthesummer,andledstudyandpracticeweekends,taughtstudentsintheBuddhistSummerStudiesprogram,andprovidedsupportforpersonalretreatantsontheland.LamaGerryandLamaKunzangalsotaughtseveralprograms.LamaKunzangmovedtoGomdeCAasoneofourresidentLamasin2015.

TranslationworkcontinuedattheDharmachakraTranslationCenter,includingtextsforthe84000ProjectandsadhanasfromtheChoklingTersar.CatherineDaltonandRyanDamrontaughtsixtalentedstudentswhospentthesummeratGomdetoparticipateintheDharmachakraSchoolofTranslation’ssummertranslationworkshop.


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LamaTsultrim,LamaGerry,CatherineandRyanalsotaughtandgavelecturesintheBuddhistStudiesSummerprogram,whichbroughttenfull-timeresidentstudentstoGomdeCAinthesummerof2015.

LamaTenzinandHeidiKoppelleadthe10-dayGreenTaraRetreatinOctober2015

LearningmudraswithLamaTsultrimSangpo.


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3. DevelopmentandPublicity

Duringthespringof2015,Nepalexperiencedaverydevastatingearthquakeandmultipleaftershocks,whichgeneratedmuchdestructionandsuffering.OurpreciousmonasteryinBoudha,Ka-NyingShedrubLing,wasseverelydamagedaswell.

Duringour2015annualdinner,wedecidedtolaunchafundraisingefforttosupportGomdeCAandparticipateinthePledgetoRebuildcampaignedstartedinNepalbyRinpoche’sstudentsthere.GomdeCApledged$500permonthandaskedfor20matchingdonorsat$30amonth.WegeneratedourgoalandGomdeCAcontinuestoprovidethissupporttotherebuildingeffortsatthemonasterythroughtheShedrubDevelopmentFund.WiththiseffortandtheAugustauctionbySanghamembers,weraised$21,555forNepalEarthquakerelief.

Onceagain,ourSanghasteppedupanddonatedabout$72,000atourannualdinnertoGomdeoperationsandprojects.Wealsohadarecordnumberofdonationssentbytheendoftheyearandeveryonethatpledgedfollowedthrough!Ourtotaldonationsfortheyearequaledalmost$164,000,ora40%increaseover2014!ThankyouSangha!

SeveralsanghamembersalsohostedafundraiserforNepalinAugust2015atalocalwinery.Itwasanamazingevent,withwonderfulfood,wineandmusic,andabout$20,000wasraisedforEarthquakereliefinNepal!ManythankstoDez,Kathleen,andVickiinparticularlywhospearheadedtheevent!

Seethelastsectionofthisreportformoreinformationonourplannedprojectsandfundingneeds.

OurpreciousChökyiNyimaRinpocheatthe2015AnnualDinner


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4. ManagementStructureandAssignments

Inearly2016,theBoarddividedthemanagementstructureintothreeareas:Therearethree(3)overallmanagementareaswithexistingsubareasnestingunderthedirectionofonepersonordirector.ThethreedirectorsworkasateaminmanagingGomde’soperations,programs,andlong-termdevelopmentinacohesivemanner.Currentmanagersofparticularareasserveundereachoveralldirector,butretainmostoftheirresponsibilities.Eachmanagerworkscloselywithandreportstothedirectorintheirarea.SeeattachedMatrixwithcurrentstaffingandvolunteersbymainareas,andsubareas.RyanDamronisdirectorofProgramsandEducation,RhondaLoPrestiisdirectorofPublicityandDevelopment(fundraising),andJoanneBrionisdirectorofGomde(replacingShabadKhalsa).JoanneBrionalsocontinuestoserveasTreasurerfortheorganization;RyanDamronservesasVicePresidentandBoardMember,andRhondaLoPrestiservesasBoardMember.

OurOfficersarecontinuingtheirservice,includingDavidShlimasRYGCA’sPresident,RyanDamronasVice-President,JoanneBrionasTreasurer.KelliePowellsteppeddownasSecretaryandTobinRangdrolhassteppedintothisposition.Currentboardmembersareasfollows(somearealsomanagersorofficers,asnotedabove):

¨ ShabadKhalsa,Chairmanofthe

Board¨ DianeRichardson¨ CatherineDalton¨ BruceHammond¨ RhondaLoPresti

¨ DorjeBond¨ DavidShlim¨ RyanDamron¨ JeriPeterson

Wehavemadesomesimplifyingchangestoourfinancialtrackingsystemthisyeartostreamlinethebookkeepingprocess.Wehavereducedthenumberofclasseswetrackandnowwewillhavereportsfor:

• Gomdeoperationsandmaintenance

• Capital

• RatnaShop

• Seminars

• DharmachakraTranslationCenter(DTC)/BuddhistSummerStudiesProgram(BSSP)

Thusforthisyear’sreporttheformatwillbeslightlydifferentfromprioryears’reporting.In2015,wehadseveralstaffingchangesatGomde

• LeeRustresignedtogoonhis“walk-about”withthedonkeysintheSpringof2015


Final2015Report 6

• BarbaraIannoliourbookkeeperresignedandwasreplacedwithKathyKohberger

• LarissaPreesteppedupasheadcookfortheseminarsandhelpedouttremendouslyduringthesummerretreats

• TroyAnsleyandMichaelPaynebecameresidentstaffinthefallof2015andcontinuetoliveontheland.

LarissaPree,doinghermagicinthekitchen!

Wesometimesprovidestipendstothoselivingandworkingonthelandduringthenon-summerseasoncalledresidentstaff.Duringseminarsandprograms,wepaytranslatorsandcooksandmakeofferingstoallteachersandmonks.Wealsopaidasummaryprogrammanager/volunteermanagerlastsummer.Allotherwork/positionsin2015arefilledbyvolunteersanduseourwork-study–crewleaderprogram.Wecontinuetohirecontractlaborandconsultantsforspecialprojectsandworkonthelandasneeded.Atremendousamountofworkwascompletedonthelandin2015bymembervolunteersofallsorts.

5. Majorprojectsin2015

HighlightsofnewprojectsatGomdeCAin2015include:

1. NewPumpHousewithsolararraytorunthepumpatthenewwatertank

2. StorageBuilding:Purchaseofthenewprefabricated1,100sqftmetalstoragebuildingfortheShedraMeadow(toreplacethestoragecapacityofthebarn)

3. SepticSystem:ExpandedthesepticsystemattheSanghaHouse

4. CreatureComforts:Furnished5tentcabinswithnewbedsandfurniture


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NewSepticSystemattheSanghaHouse

6. FinancesandProfitandLoss

AsTableS-1belowshows,Gomdereliesheavilyonrevenuesfromseminarsandprograms(36%)anddonationsofSanghamembers(50%),andtoalesserextentonincomefromRatnaShopsales,StudyandPracticeactivities,lodgingfees,andrevenuesfromprivateretreatactivity.RatnaShophad$15,100innetsalesin2015inpartduetothediligenceandhardworkofAniMarciawhomanagestheshopoverthesummeranddoestheshoppinginthefallinNepal.Ratnashopsaleswereupsince2014RatnaShopsalesbutsowascostofgoodssold;thenetsalesofRatnaShopactivitywasabout$2,000in2015.Withtheonlineshopstillnotactive,itappearsthatoursaleswillremainflat.However,thiscouldbeamoreanimportantsourceofrevenueoncethereissomeonetomanagetheRatnaShoponline.

Donationsandmembershipfeeswereabout$164,000in2015whichwas40%higherthan2014.In2013,wereceivedonelargedonationforcapitalimprovementsof$50,000,whichisstillbeingheldinreserveandwillbeusedforthenewStorageBuildingunderway.Weraisedabout$115,500inone-timedonationsincludingduringChökyiNyimaRinpoche’sretreatinAugustatthedinner.Weraisedabout$48,000inmonthlydonationsthroughouttheyearfromabout50donors;thisequaledabout$78permonth,onaverage.Monthlydonationscontinuetobeanimportantsourceofoperatingincomefortheorganization;monthlydonationswereupby15%in2015comparedto2014duetothediligenceofRhondaLoPresti.


Final2015Report 8

Weraised$2,000fromourBenefactorandPatronprogramwherememberscanofferadonationwhentheyregisterforaprogramonline.Wecontinuetoreceiveanexemptionfromourpropertytaxes.In2010,RYGCAwasapprovedforpropertytaxexemptionstatuswiththeCountyofMendocinoandtheStateofCalifornia.Wecontinuetomakedonationstothelocalvolunteerfiredepartmentandlocalschooldistricttomakeupforsomeofthislostcountyfunding.Localagenciesgetmostoftheirfundingthroughpropertytaxrevenues.Wealsoparticipateinalocalfiresafetyprograminthedrymonths,whichincludesaerialfiresurveyinginMendocinoCounty.

TableS-1ActualProfit&LossSummaryfor2015RangjungYesheGomdeCA

Actuals Percent Actuals Percent Net PercentSourcesandUsesofFunds 2015 Distribution 2014 Distribution Change Change

AnnualRevenuesDonations&Membership $163,900 50% $116,912 46% $46,988 40%LamaTravelFund $68 0% $2,525 1% ($2,457) -97%Seminar&ProgramFees $116,100 36% $98,454 39% $17,646 18%Camping/LodgingFees/Retreats $15,800 5% $10,748 4% $5,052 47%RatnaShopSales $15,100 5% $13,409 5% $1,691 13%RatnaShopCOGS ($9,640) -3% ($6,300) -3% ($3,340) 53%Grants $7,535 2% $9,960 4% ($2,425) -24%OtherIncome $17,474 5% $5,975 2% $11,499 192%TotalAnnualRevenues $326,337 100% $251,683 100% $74,654 30%

AnnualExpensesAdvertising/Communications $8,881 3% $7,611 3% $1,269 17%AutosRepairandGas $6,889 3% $3,821 2% $3,068 80%Contributions,Lamas,Grants $57,263 22% $50,464 22% $6,799 13%NonEmployeeContractLabor $76,945 29% $65,213 28% $11,732 18%Insurance $12,847 5% $11,752 5% $1,095 9%Taxes,BankCharges,CCFees $12,105 5% $7,197 3% $4,909 68%Maint.Bldg.&Land,Equip. $18,926 7% $13,650 6% $5,276 39%FoodandSundries $15,777 6% $13,546 6% $2,231 16%Materials,Supplies&Equip. $14,361 5% $9,355 4% $5,006 54%OfficeandAdm.(1) $9,226 3% $14,119 6% ($4,893) -35%TravelCosts $6,613 3% $13,261 6% ($6,647) -50%Utilities,Internet,Telephone $24,651 9% $22,541 10% $2,110 9%TotalAnnualExpenses $264,484 100% $232,530 100% $31,955 14%

FundBalance $61,853 $19,154Balanceas%ofRevenues 19.0% 7.6%

(1)

figuresroundedtonearest$100

PreparedbyKathyKohberger,BookkeeperandJoanneBrion,RYGCATreasurer,July2016

For2014includes$3,850infacilityrentalcostsduetofireandneedtoholdretreatsattheGyutoFoundation.


Final2015Report 9

TableS-2summarizesourincomeandexpensesbythenewfiveclasses.TheCapitalexpensesareincludedinfixedassetsandnotshownintheoperatingbudgetbelow.Thistableillustrateshowseminarsprovidealargepartofourfundingincombinationwithdonations,bothmonthlyandonetime.

7. BalanceSheet:AssetsandLiabilities–2015

TableS-3providesabalancesheetforRYGCaliforniaasofDecember31,20154.Fixedassetsrefertotheland,autos,majorequipmentandbuildings.Itshouldbenotedthatthevalueofthepropertyshownisthemostrecentassessedvalueandnotthecurrentmarketvalueofthelandandbuildings.Asa501c3non-profitorganization,RYGCAisexemptfrompropertytaxesasdiscussedabove.Asshown,totalcashonhand,includingchecking,savingsandCDs,equalsabout$244,400asofDecember31,2015,about$20,000morethanin2014.Liabilitiesattheendoftheyear,asshownbelow,equalzero.RYGCAdoesnothaveanymajoroutstandingdebt,includingcreditcarddebt.Weoperatecompletelyonacashbasisorpay-as-you-go.WiththeplanneddevelopmentandrenovationsassociatedwiththeUsePermit,wemayneedtorevisitthisfinancialpolicy.OfthetotalrevenuesasofDecember31,2015,17%orabout$42,000wasavailableforoperatingcostsinourmaincheckingaccountand$51,000availablemoneymarketaccount.Otherfundsareheldinvariousreserves,includingCDs,forspecialprojectslikegrants,andcapitalimprovements,andthemasterplanprocess.Currentreservesandsavingstotalabout$151,000.Muchofthesefundsareslatedforprojectsasdiscussedinthelastsectionofthereport.

TableS-2ActualProfit&LossSummarybyClassfor2015RangjungYesheGomdeCA

ItemGomdeO&M RatnaShop Seminars

Education/DTC

Total2015GomdeCA

TotalIncome $209,500 $14,900 $102,500 $8,800 $335,700minusCostofGoodsSold $0 ($9,600) $0 $0 ($9,600)GrossProfit $209,500 $5,300 $102,500 $8,800 $326,100

TotalExpenses(1) $182,400 $3,300 $67,900 $10,900 $264,500

NetOperatingBudget $27,100 $2,000 $34,600 ($2,100) $61,600

(1) Seminarexpenseshereonlyincludetravelcosts,costofcooksandtranslators,andofferings.allothercostsofprovidingseminarsisshownunderGomdeO&M.


roundedtonearest$100


Final2015Report 10

8. ComparisonwithPriorYears’Budgets

Revenuesin2015weresignificantlymorethanin2014,byabout31%,asshowninTableS-3.Thisismostlyduetoabout45,000moreinoveralldonationsandslightlymoreseminarfeerevenuesorabout$18,000.Monthlydonationsaveragedabout$4,000permonthin2015slightlyupover2014figures.Ourmonthlyoperatingexpenses,however,aremuchhigherthanthisatabout$18,400permonth(excludingallprograms,offerings,andeventcosts).One-timeandend-of-the-yeardonationscontinuetobeanimportantsourceofoperatingrevenuefortheorganizationaswellasproceedsfromseminars,lodging,andtheretailshop.Figure1summarizestherevenuesbyitemforthelastfiveyears(2011to2015).

Gomde’soperatingandadministrativeexpensesdecreasedby16%orabout$37,000over2014levels.RYGCAgeneratedasurplusfor2015ofalmost$62,000asshowninTableS-4orabout18%overcosts.Thisisapositiveshiftcomparedtoprioryears’shortfallsandwillallowusto

AsofDec.31,2015Item TotalsASSETSCurrentAssetsBankAccounts $244,429UndepositedFunds $1,801Othercurrentassets $1,026TotalCurrentAssets $247,256FixedAssets $596,158TOTALASSETS $843,414LIABILITIESANDEQUITYLiabilitiesCurrentLiabilitiesSalesTaxPayable $124TotalCurrentLiabilities $124TotalLiabilities $124Equity $843,290TOTALLIABILITIESANDEQUITY $843,414

TableS-3RangjungYesheGomdeCaliforniaBalanceSheetSummaryAsofDecember31,2015



Final2015Report 11

implementvariousprojectsincludingfinishingthestoragebuilding,addingnewfurnituretothetentcabins,andconductingothermajorrepairstoexistingbuildings.

Fouroutoftheeightyearsshownhadoperatingshortfalls.However,inrecentyearswehavegeneratedexcessincome,whichcanbeusedtoaddresssignificantdeferredmaintenanceandfundnewprojects.Ourgoalistohaveapositiveannualbalance.Thesesurplusesallowustomakeimprovementstothelandandbuynewequipmentinthefollowingyear.Weareinneedofatractorforlandandroadmaintenanceandnewtrucks.Figure2summarizesexpensesbyitemforthelastfiveyears(2011to2015).

Figure1:RYGCAAnnualRevenuesfor2011to2015

Wehavealonglistofdeferredmaintenancetasks,andRinpochehasspecificallyaskedustomaintainandcareforpresentfacilitieswhileweplanforthefuturedevelopmentoftheland.Usepermitandmasterplanfundingrequirementsareaddressedfurtherbelow.Inthecomingyears,wehavemajorimprovementstomakerelatedtoourUsePermit,includingcodecompliancefortheBuddhaHall,septicandwatersystemimprovements,andourplannedprojects.

$0

$50,000

$100,000

$150,000

$200,000

$250,000

2011

2012

2013

2014

2015


Final2015Report 12

TableS-4

Compa

rison

ofR

even

uesa

ndCostsbyYe

ar(2

008to201

5)Ra

ngjungYeshe

Gom

deCA

%%

Calend

arCa

lend

arCa

lend

arCa

lend

arCa

lend

arCa

lend

arCa

lend

arCa

lend

arDistri-

Chan

ge

Sourcesa

ndUseso

fFun

ds20

0820

0920

1020

1120

1220

1320

1420

15bu

tion

14to

15

Annu

alR

even

ues

Donatio

ns&M

embe

rship(1)

$114

,000

$54,00

0$8

7,40

0$8

4,20

0$1

19,500

$201

,200

$119

,400

$163

,900

49%

37%

Seminar&Program

Fees

$109

,000

$72,00

0$7

7,80

0$7

2,30

0$1

22,500

$105

,700

$98,50

0$1

16,100

35%

18%

Camping/Lod

gingFees

$17,00

0$1

5,00

0$1

4,10

0$1

3,40

0$2

2,60

0$3

0,00

0$1

0,70

0$1

5,80

05%

48%

RatnaShop

Sales(gross)

$16,00

0$1

6,00

0$1

6,90

0$1

5,90

0$1

4,50

0$1

8,00

0$1

3,40

0$1

5,10

04%

13%

Grants/RestrictedDo

natio

ns$1

4,00

0$7

,000

$22,60

0$2

6,50

0$8

,800

$0$1

0,00

0$7

,500

2%-25%

Interest,In-kind

,&M

isc(2

)$8

,000

$2,000

$800

$1,400

$600

$1,800

$4,400

$17,50

05%

298%

TotalA

nnua

lReven

ues

$278

,000

$166

,000

$219

,600

$213

,700

$288

,500

$356

,700

$256

,400

$335

,900

100%

31%

Annu

alExpen

ses

Seminars&

Program

s$1

05,000

$52,00

0$6

3,00

0$4

3,30

0$6

4,90

0$5

5,50

0$3

4,10

0$6

7,90

025

%99

%Grants&Yangdzom

$24,00

0$5

,000

$0$1

4,40

0$8

,800

$0$9

,900

$00%

-100

%Go

mde

O&M

$133

,000

$111

,000

$122

,600

$137

,000

$172

,600

$189

,600

$179

,200

$182

,400

67%

2%Ra

tnaShop

&Co

stofG

oods

$4,000

$2,000

$12,20

0$8

,400

$23,30

0$1

1,10

0$8

,500

$12,90

05%

52%

Gomde

Capita

l/MasterP

lan

$16,00

0$3

,000

$13,00

0$1

3,10

0$1

7,00

0$2

9,90

0$1

,700

$00%

-100

%Education(DTC

/Bud

dhistStudies)

$0$0

$0$0

$5,300

$1,400

$3,800

$10,90

04%

187%

TotalA

nnua

lExpen

ses

$282

,000

$173

,000

$210

,800

$216

,200

$291

,900

$287

,500

$237

,200

$274

,100

100%

16%

Fund

Balan

ce($4,00

0)($7,00

0)$8

,800

($2,50

0)($3,40

0)$6

9,20

0$1

9,20

0$6

1,80

0(1)

Percen

tofIncom

e-1%

-4%

4%-1%

-1%

19%

7%18

%

Notes:Administratio

nha

sbeencombinedwith

Gom

deOperatio

ns&M

aintenan

ceaso

f200

9.No

tefo

rRatna

Sho

pcostofg

oodsissh

ownun

dere

xpensesforeaseofyeartoyearcom

parison

butinTab

leS-1itissh

owninre

venu

es.

NoteCap

italcostsin201

4exclu

deth

e$4

2,00

0expend

iturefo

rtheW

aterTan

kan

dCo

ncretePad

,whichisanew

fixedasset.

(1)Includ

esdon

ationsfo

rlam

atraveland

otherta

rgeted

don

ations.

(2)In201

5includ

esinsurancemon

eyfo

rdam

aged

dinningte

nt.

PreparedbyKa

thyKo

hberger,Bo

okkeeperand

Joan

neBrio

n,RYG

CATreasurer,July201

6

roun

dedtonearest$10

0


Final2015Report 13

Figure2:RYCCAExpensesfor2011to2015

9. MasterPlanandNewCapitalProjects

GomdeCA’sUsePermitapplicationwasapprovedinthespringof2015.Thisisahugeaccomplishmentfortheorganization,andsolidifiesouractivitiesonthelandandinLeggett.ThisapprovalrecognizesGomdeCAasaformalretreatcenter;theapprovalalsoincludedtherequesttoconstructseveralnewprojectsincluding:

• NewStorageFacilities• NewDinningStructure• NewRetreatHuts(2to3)• NewDormitory

Wecompletedourfirstproject,anewsepticsystemfortheSanghaHouseandstartedworkonthestoragebuilding.Inaddition,newinfrastructureandsystemimprovementsarerequiredsuchasthesepticsystemsthroughouttheland.EachoftheseprojectswillrequireadditionalplanninganddesignworkandreviewwiththeCounty.Thefirstprojectwehaveundertakenisanew1,100sqftmetalprefabstoragebuildingthatwillbelocatedintheShedraMeadownearthelargewatertank.

Withthefundingweexpectfromourlegacydonors,weplantoreplacetheMiddleHousewithanewDTCcenter.Weareallowedtoreplacetheexistinghomesofthesitewithsimilarsizedhomesandthuswillplantoreplacethehousewithalarger3-bedroom/2-bathhouse.

$0$20,000$40,000$60,000$80,000

$100,000$120,000$140,000$160,000$180,000$200,000

2011

2012

2013

2014

2015


Final2015Report 14

Allofthelong-termcapitalprojectsneededatGomdearegroupedintofivephases,andaresummarizedinTableS-5.Thisandtheotherchartsinthissectionweregeneratedin2016,butbecausewereleasethepreviousyears’AnnualReportatourAugustSeminar,wewantedtoincludethisinformationheretosharewithourSanghahowGomdewillbemovingforwardinthecomingyears.Asshownthetotalcostisestimatedatabout$8.5million.PhaseI,withacostofabout$220,000hasbeencompletedduethehardworkofmanySanghamembersincludingfoundingmembers.WearenowworkingonPhaseII,whichisestimatedtocostabout$188,000.TheprojectsincludedinPhaseIIareshowninTableS-6below.Thisphasehasafundingneedofabout$76,600.Sofar,about59%ofthefundshavebeenidentifiedforthisphase.

TableS-7summarizesPhaseIIIprojectsandcostsandidentifiedfunding.DuetothegenerosityoftwoSanghamemberswhohaveincludedGomdeCAintheirestateplanning,wewillhavesomefundstoaccomplishsomeoftheseimportantprojects.

Estimated Amount TotalPhase/Project ProjectCosts Funded Unfunded Timing

PhaseI(Completed)BuddhaHallRenovations $50,000 early2000sTaraCottageRenovation $42,000 2010-2011RenovationofHouses $20,000 2010-2015UsePermitandPlanning $52,000 2010-2015WaterTanks&Solar $56,000 2011-2014TotalPhaseI $220,000 $220,000 $0

PhaseII-seeTable2 $188,300 $111,700 $76,600 2015-2016

PhaseIII-seeTable3 $404,500 $250,000 $154,500 2016-2017

PhaseIVCampgroundBathHouse $125,000 2017-18Dormitory $2,000,000 2018BuddhaHallRenovations $150,000 2019Infrastructure(roads,septic) $300,000 20183RetreatHuts $120,000 2020TotalPhaseIV $2,695,000 $0 $2,695,000

PhaseVTemple $2,500,000 2020&beyondNewDinningHall/CommercialKitchen$1,500,000 2020&beyondStaffHousing $1,000,000 2020&beyondTotalPhaseV $5,000,000 $0 $5,000,000

TotalCostsAllPhases $8,507,800 $581,700 $7,926,100PercentFundedtoDate 7%

PreparedbyJoanneBrion,ShabadKhalsaandBruceHammond 4.26.16

TableS-5:SummaryofGomdeCapitalProjectCostsbyPhase&Timing


Final2015Report 15

TableS-6GomdeCAPhaseIIProjectList-AdoptedbyBoard2016Total Amount Unfunded

No. Description Costs Funded Balance2016PlannedProjects

1 NewBuddhaHallLighting $5,000 $0 $5,0002 UsedTractor $20,000 $0 $20,0003 SanghaHouseSeptic $10,400 $10,400 $04 SanghaHouseKitchenImprovements $5,000 $0 $5,0005 NewTentoverLamaHousePorch $1,000 $0 $1,0006 NewMonasticCushionSetsforBH $1,300 $1,300 $07 StorageBuilding(Balance) $85,000 $25,000 $60,0008 NativePlants&Nursery(Yr1of5) $2,500 $0 $2,5009 NewStaffTents $2,000 $0 $2,00010 NewTentsCabins $7,500 $0 $7,50011 NewTentCabinFurnishings $6,600 $0 $6,60012 TuffSheds&SolarinCampground $15,000 $0 $15,00013 NewEntranceFeature-Gate $20,000 $0 $20,00014 DiningTentRepair(Tornado) $7,000 $7,000 $0

2016TotalCosts $188,300 $43,700 $144,600

AvailableFundingAug2015DinnerPledges $35,000PortionofReserves $33,000FundedProjectstoDate $43,700TotalFunding $111,700PercentFunded 59%UnfundedCosts $76,600PreparedbyJoanneBrion,ShabadKhalsaandBruceHammond 4.26.16

TableS-7:GomdeCAPhaseIIIProjectListTotal Amount Unfunded

No. Description Costs Funded Balance

15 DormDesign&Engineering $20,000 $0 $20,00016 BathHouseDesign&Planning $7,500 $0 $7,50017 DormSeptic&Engineering $40,000 $0 $40,00018 GateHouseSeptic $9,500 $0 $9,50019 NewTranslationCenterBldg. $150,000 $0 $150,00020 DTCFoundation $8,000 $0 $8,00021 DemolitionofMiddleHouse(DTC) $7,000 $0 $7,00022 SepticRepairsatMiddleHouse(DTC) $10,000 $0 $10,00023 NativePlants&Nursery(Yr2of5) $2,500 $0 $2,50024 NewDiningStructure $150,000 $0 $150,000

TotalPhaseIII $404,500 $0 $404,500AvailableFundingMemberEstateFunding $250,000TotalFunding $250,000PercentFunded 62%UnfundedCosts $154,500PreparedbyJoanneBrion,ShabadKhalsaandBruceHammond 4.26.16

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