Florida Meditation Center Inc
Overview
Mission
The organization's mission is to lend support to humanity, help in the advancement of moral principles, cultivation of religious behavior, to promote/encourage meditation and the teaching of lord buddha.
What it reported doing in 2018
Held daily and weekly meditation meetings and teachings. Keep supporting mission work all over the world. The huge expansion of palnt city meditation hall is still going on. Hosted retreats.
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 100% of its reported program work directly.
Nonprofit profile at a glance
- EIN
- 651284133
- IRS 990 coverage
- 2010–2018
- Website reviewed
- Jun 2026
- Forms available
- Form 990 2018
- Headquarters
- Plant City, FL, USA
- Rating
- 53
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Buddhism
- Affiliation
- Buddhism
The verdict
MIXED - Most voting board members are independent and available reserves provide a meaningful financial cushion. 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: 49
- Transparency & Controls: 56
- Accountability: 63
- Sustainability: 60
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 47.6%; rating input score 48
- Program expense ratio: 49.6%; rating input score 50
- 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: No; rating input score 0
- 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: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Public governance controls: 0 of 4 controls in place; rating input score 0
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 3.9%; rating input score 52; 52nd percentile among comparable filings
- Operating reserve ratio: 5.77; rating input score 82; 82nd percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 71; 71st percentile among comparable filings
Growth
- Program expense growth: -1.5% per year; rating input score 0; 32nd percentile among comparable filings
- Revenue growth: -3.8% per year; rating input score 0; 18th percentile among comparable filings
- Asset growth: 2.2% per year; rating input score 100; 44th percentile among comparable filings
Details
- What they do: Mission, programs, and operating context captured from the official website.
- Where the money goes: 47.6% of revenue deployed · 49.6% of spending went to programs
- Governance: 5 of 5 board members independent · 2 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $237K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 21 of 21 current checks pass
- Schedules: 3 filed schedules · includes major donors
- Filing history: 9 annual filings from 2010 to 2018
- 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.