Hoa Lam Buddhist Meditation Center
Overview
Mission
Provide a place for people to pray
What it reported doing in 2024
Provising a place for people to be meditate and pray
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
Nonprofit profile at a glance
- EIN
- 271258261
- IRS 990-EZ coverage
- 2016–2024
- Forms available
- Form 990-EZ 2024
- Headquarters
- Garden Grove, CA, USA
- Rating
- 33
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Buddhism
- Affiliation
- Buddhism
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 100
- Accountability: NotEnoughData
- Sustainability: 35
- Growth: 33
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: -34.6%; rating input score 17; 17th percentile among comparable filings
- Operating reserve ratio: 1.74; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 22; 22nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -1.2% per year; rating input score 0; 46th percentile among comparable filings
- Asset growth: 4.4% per year; rating input score 100; 56th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 8 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 8 annual filings from 2016 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.