Hoi Phuoc Temple
Overview
Mission
To support, advance, propagate, and preserve the
What it reported doing in 2025
To support, advance, propagate, and preserve the teaching, practice and study of the Buddhist religion. Temple conducts the services on Saturday and Sunday only from 9am to 8pm.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
Nonprofit profile at a glance
- EIN
- 465029724
- IRS 990-EZ coverage
- 2020–2025
- Forms available
- Form 990-EZ 2025
- Location
- Albuquerque, NM, USA
- Phone
- 5052660325
- Rating
- 48
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Buddhism
- Affiliation
- Buddhism
Reported finances
- Revenue
- $53,549
- Expenses
- $52,048
- Assets
- $36,116
- Liabilities
- $24,189
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
The verdict
MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 20
- Transparency & Controls: 82
- Sustainability: 42
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 32.3%; rating input score 32
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 2.8%; rating input score 49; 49th percentile among comparable filings
- Total-asset coverage ratio: 0.69; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: 0.67; rating input score 6; 6th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 10% per year; rating input score 100; 80th percentile among comparable filings
- Asset growth: 0.4% per year; rating input score 100; 39th percentile among comparable filings
Details
- Where the money goes: 32.3% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 6 annual filings from 2020 to 2025
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 32/100.
- Moderate — Sustainability: Operating margin scored 49/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
- High — Sustainability: Liabilities to assets ratio scored 6/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
Leadership & pay
3 people listed
People named in this filing
- GUONG NGUYEN (PRESIDENT)
- TEO HONG NGUYEN (VICE PRESIDENT)
- LAURA LE (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025.