An Lac Hanh Temple Inc
Overview
Mission
A place of worship in budhist doctrine
What it reported doing in 2024
Providing a place where the vietnamese community came to learn and practice buddhist teaching and worship.
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 74% for direct work, and 26% for grants.
Nonprofit profile at a glance
- EIN
- 820665968
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024, Form 990-EZ 2022
- Headquarters
- Tampa, FL, USA
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Buddhism
- Affiliation
- Buddhism
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing does not identify recipients for some grant dollars and the filing reports that some governance safeguards are missing.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 68
- Accountability: 69
- Sustainability: 53
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97%; rating input score 97
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 0%; rating input score 0; 19th percentile among comparable filings
- 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: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 3%; rating input score 46; 46th percentile among comparable filings
- Operating reserve ratio: 2.21; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 7.9%; rating input score 31; 31st percentile among comparable filings
Growth
- Program expense growth: 138.7% per year; rating input score 100; 99th percentile among comparable filings
- Revenue growth: 24% per year; rating input score 100; 90th percentile among comparable filings
- Asset growth: 6.8% per year; rating input score 100; 55th percentile among comparable filings
Details
- Where the money goes: 97% of revenue deployed · 100% of spending went to programs
- Governance: 1 of 1 board members independent · 2 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $190K in reported program spending
- Leadership: top reported pay $15K · 1 people listed
- Consistency: 17 of 18 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 2 annual filings from 2023 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.