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
- Location
- El Monte, CA, USA
- Phone
- 6264422062
- Rating
- 96
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Buddhism
- Affiliation
- Buddhism
Reported finances
- Revenue
- $29,710
- Expenses
- $30,690
- Assets
- $5,152
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- 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
Sustainability
- Operating margin: -3.3%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Sustainability: Operating margin scored 39/100.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.
Leadership & pay
3 people listed
People named in this filing
- TAM MA (CEO)
- LYNN CHAN (SECRETARY)
- TERI NGUYEN (CFO)
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 2016.