Lankarama Buddhist Institute
Overview
Mission
Providing for the church org. Providing leadership for the buddhist community
Operating model
- Revenue model
- Membership-supported. 71% of the money available for current operations came from membership dues.
- Distribution model
- Direct operator. The nonprofit carried out 100% of its reported program work directly.
Nonprofit profile at a glance
- EIN
- 330677530
- IRS 990 coverage
- 2022–2023
- Forms available
- Form 990 2023, Form 990-EZ 2021
- Headquarters
- La Puente, CA, USA
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Buddhism
- Affiliation
- Buddhism
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 100
- Accountability: 30
- Sustainability: 74
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 49.2%; rating input score 49
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 50.8%; rating input score 92; 92nd percentile among comparable filings
- Operating reserve ratio: 3.92; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0.87; rating input score 6; 6th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 23.6% per year; rating input score 100; 86th percentile among comparable filings
- Revenue growth: 13.4% per year; rating input score 100; 79th percentile among comparable filings
- Asset growth: 41.5% per year; rating input score 100; 95th percentile among comparable filings
Details
- Where the money goes: 49.2% of revenue deployed · 100% of spending went to programs
- Governance: 0 of 7 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $114K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 19 of 19 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 annual filings from 2022 to 2023
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.