Wat Lao Buddhavath of Iowa
Overview
Mission
To promote buddhism among its members and the community
What it reported doing in 2025
Lao's new year ceremony (songkan festival)
Operating model
- Revenue model
- Donor-supported. 100% 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
- 562474165
- IRS 990-EZ coverage
- 2010–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2020
- Location
- Des Moines, IA, USA
- Phone
- 5157108477
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Buddhism
Reported finances
- Revenue
- $171,208
- Expenses
- $130,339
- Assets
- $146,178
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. No material rating questions were generated from the available inputs.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 82
- Sustainability: 62
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.1%; rating input score 76
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 23.9%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 1.12; rating input score 63; 63rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 6% per year; rating input score 100; 48th percentile among comparable filings
- Revenue growth: 2.5% per year; rating input score 100; 30th percentile among comparable filings
- Asset growth: 5.4% per year; rating input score 100; 44th percentile among comparable filings
Details
- Where the money goes: 76.1% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $130K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 14 annual filings from 2010 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.
Leadership & pay
4 people listed
People named in this filing
- VON MANIVANH (PRESIDENT)
- NOUANE SYLALOM (VICE PRESIDE)
- KHOUANG LUONG (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.