Louisiana Association for the Study of Buddhism
Overview
Mission
Offer a peaceful place for everyone who wants to enrich his/her spirtiual life. Tam Bao Temple is a spiritual center not only for Buddhist practitioners, but to all mindfulness practitioners as well as members of AA in Louisiana. Everyone may join all community activities.
What it reported doing in 2024
During 2023 The Association continued to improve the facilities to allow for a welcoming, safe and serene place for the continual accomplishment of the mission of the Association to a growing number of the local Buddhist community and all other welcome guests.
Operating model
- Revenue model
- Donor-supported. 90% 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
- 721135502
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Headquarters
- Baton Rouge, LA, USA
- Rating
- 55
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Religion Related
- Affiliation
- Buddhism
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 38
- Transparency & Controls: 100
- Accountability: 12
- Sustainability: 94
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 17.7%; rating input score 18
- Program expense ratio: 53.1%; rating input score 53
- Fundraising efficiency: $530.51 raised per $1 spent on fundraising; rating input score 96; 96th percentile among comparable filings
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: Yes; rating input score 100
- Related-party transparency: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 5th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 82.5%; rating input score 98; 98th percentile among comparable filings
- Operating reserve ratio: 26.74; rating input score 98; 98th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 79; 79th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: -6% per year; rating input score 0; 7th percentile among comparable filings
- Revenue growth: 7.6% per year; rating input score 100; 57th percentile among comparable filings
- Asset growth: 7.6% per year; rating input score 100; 49th percentile among comparable filings
Details
- Where the money goes: 17.7% of revenue deployed · 53.1% of spending went to programs
- Governance: 0 of 4 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $96K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 18 of 18 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 14 annual filings from 2010 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.