Wat Thammadevaraj
Legal name: Wat Thmmadevaraj Inc
Overview
Mission
Established to help promote and expand the teachings of Buddhism.
What it reported doing in 2022
Performes religious ceremonies for members and to educate the public
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The nonprofit carried out 91% of its reported program work directly.
Nonprofit profile at a glance
- EIN
- 364910287
- IRS 990 coverage
- 2022–2022
- Website reviewed
- Sep 2026
- Forms available
- Form 990 2022
- Headquarters
- Jacksonville, FL, United States
- Rating
- 36
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Buddhism
- Affiliation
- Buddhism
The verdict
REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. 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: 16
- Transparency & Controls: 63
- Accountability: 32
- Sustainability: 77
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 10%; rating input score 10
- Program expense ratio: 25%; rating input score 25
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 13th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
- Public monitoring controls: 0 of 8 controls in place; rating input score 0
- Public policy transparency: 0 of 7 controls in place; rating input score 0
- Public financial transparency: 0 of 5 controls in place; rating input score 0
- Impact reporting controls: 0 of 7 controls in place; rating input score 0
- Public relationship transparency: No; rating input score 0
Accountability
- Independent voting board: 0%; rating input score 0; 9th percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Public governance controls: 4 of 4 controls in place; rating input score 100
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 60.2%; rating input score 92; 92nd percentile among comparable filings
- Operating reserve ratio: 20; rating input score 78; 78th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 61; 61st percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- What they do: 1 operating location identified
- Where the money goes: 10% of revenue deployed · 25% of spending went to programs
- Governance: 0 of 4 board members independent · 4 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $22K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 15 of 16 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors
- 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.