Truc Lam Meditation Center
Legal name: Truc Lam Meditation Center Inc
Overview
Mission
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What it reported doing in 2024
Bless by the visiting holy budha servant senior monk in charge from thailand. Buddhas birthday celebration and festival attended by over 5,000 member and non-members from multiple states. Chinese new year bless of teh year worship services to over 10,000 memebers and non-members participated the services organized free community meals every week
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
Nonprofit profile at a glance
- EIN
- 680512229
- IRS 990 coverage
- 2022–2024
- Website reviewed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-N 2020
- Headquarters
- Houston, TX, United States
- Rating
- 42
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Buddhism
- Affiliation
- Buddhism
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. 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: 0
- Transparency & Controls: 66
- Accountability: 65
- Sustainability: 82
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
- Public monitoring controls: 0 of 8 controls in place; rating input score 0
- Public policy transparency: 1 of 7 controls in place; rating input score 14
- Public financial transparency: 0 of 5 controls in place; rating input score 0
- Impact reporting controls: 1 of 7 controls in place; rating input score 14
- 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: 1 of 4 controls in place; rating input score 25
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 61.1%; rating input score 94; 94th percentile among comparable filings
- Operating reserve ratio: 15.67; rating input score 93; 93rd percentile among comparable filings
- Liabilities to assets ratio: 0.23; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 21.3% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 5% per year; rating input score 100; 47th percentile among comparable filings
Details
- What they do: Mission, programs, and operating context captured from the official website.
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: 3 of 3 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 16 of 16 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 annual filings from 2022 to 2024
- 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.