Buddhist Educational & Cultural Center of America
Overview
Mission
Nonprofit public benefit corporation promoting buddha's teaching
What it reported doing in 2016
This organization is to educate, develope, and promulgate teaching of budda through music, and other forms of creative expression. In addition, it suppports those dedicated to addressing social problems amd promoting health and welfare of korean community.
Operating model
- Revenue model
- Donor-supported. 92% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
Nonprofit profile at a glance
- EIN
- 474383360
- IRS 990-EZ coverage
- 2015–2016
- Forms available
- Form 990-EZ 2016
- Location
- Los Angeles, CA, USA
- Phone
- 5628335620
- Rating
- 51
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Buddhism
- Affiliation
- Buddhism
Reported finances
- Revenue
- $54,839
- Expenses
- $44,351
- Assets
- $12,527
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. 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: 22
- Transparency & Controls: 82
- Sustainability: 48
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 20.4%; rating input score 20
- Program expense ratio: 25.2%; rating input score 25
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 19.1%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 0.28; rating input score 20; 20th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 24.1% per year; rating input score 100; 85th percentile among comparable filings
- Revenue growth: 62.4% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: 144% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 20.4% of revenue deployed · 25.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $11K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 annual filings from 2015 to 2016
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Mission deployment rate scored 20/100.
- High — Financial Efficiency: Program expense ratio scored 25/100.
- High — Sustainability: Total-asset coverage ratio scored 20/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.
Leadership & pay
3 people listed
People named in this filing
- WON IK LEE (CEO)
- GINA JUNG (SECRETARY)
- LAUREN LEE (CFO)
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 2016.