Buddha Heart Foundation

Overview

Mission

To promote buddism study, and to help the poor by providing food, clothes and personal effects.

What it reported doing in 2016

Buddha heart foundation was set up to promote buddism study and help the poor by providing food, hygiene products and clothes.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 68% for direct work, and 32% for grants.

Nonprofit profile at a glance

EIN
811255989
IRS 990-EZ coverage
2015–2016
Forms available
Form 990-EZ 2016
Headquarters
El Monte, CA, USA
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Buddhism
Affiliation
Buddhism

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and available reserves provide a limited financial cushion.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Accountability: NotEnoughData
  • Sustainability: 38
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Public monitoring controls: Limited
  • Public policy transparency: Limited
  • Public financial transparency: Limited
  • Impact reporting controls: Limited
  • Public relationship transparency: Limited

Accountability

  • Public governance controls: Limited
  • Zakat policy transparency: Limited

Sustainability

  • Operating margin: -3.3%; rating input score 39; 39th percentile among comparable filings
  • Operating reserve ratio: 0.17; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 54.8% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: 22.9% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: -38.8% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $31K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 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.