Wonkwang Won Buddhism Welfare Found
Overview
Mission
Expand spiritual power and conquering material power through faith in a religion based in truth
What it reported doing in 2025
Supporting buddhism religion
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
Nonprofit profile at a glance
- EIN
- 814698979
- IRS 990-EZ coverage
- 2020–2025
- Forms available
- Form 990-EZ 2025
- Location
- Gaithersburg, MD, USA
- Phone
- 3019246559
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Religion Related
- Affiliation
- Buddhism
Reported finances
- Revenue
- $31,330
- Expenses
- $15,800
- Assets
- $20,987
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
The verdict
SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 82
- Sustainability: 65
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 51%; rating input score 51
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 49.6%; rating input score 89; 89th percentile among comparable filings
- Total-asset coverage ratio: 1.33; rating input score 55; 55th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -16.1% per year; rating input score 0; 23rd percentile among comparable filings
- Revenue growth: -6.5% per year; rating input score 0; 31st percentile among comparable filings
- Asset growth: 45.1% per year; rating input score 100; 93rd percentile among comparable filings
Details
- Where the money goes: 51% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $16K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 6 annual filings from 2020 to 2025
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 51/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 55/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
Leadership & pay
3 people listed
People named in this filing
- SEUNG LIN SEO (DIRECTOR)
- SAERA LEE SEO (DIRECTOR)
- KUN SIK LEE (DIRECTOR)
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 2025.