Heartwood Mandala
Legal name: Heartwood Refuge
Overview
Mission
We are a community of lay and monastic practitioners with the shared aim of learning the true BuddhaDharma.
What it reported doing in 2021
Conduct training retreats in various cities, also trained and graduated religious leaders.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The nonprofit carried out 99% of its reported program work directly.
Nonprofit profile at a glance
- EIN
- 820983637
- IRS 990 coverage
- 2018–2021
- Website reviewed
- Sep 2026
- Forms available
- Form 990 2021
- Headquarters
- Hendersonville, NC, USA
- Rating
- 71
- 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. A relatively small share of voting board members are independent and the filing reports that some governance safeguards are missing.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 71
- Accountability: 24
- Sustainability: 30
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
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: Limited
- Related-party transparency: Limited
- Public monitoring controls: 0 of 8 controls in place; rating input score 0
- Public policy transparency: 0 of 7 controls in place; rating input score 0
- Public financial transparency: 0 of 5 controls in place; rating input score 0
- Impact reporting controls: 0 of 7 controls in place; rating input score 0
- Public relationship transparency: Yes; rating input score 100
Accountability
- Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Public governance controls: 3 of 4 controls in place; rating input score 75
- Zakat policy transparency: Limited
Sustainability
- Operating margin: -70.8%; rating input score 3; 3rd percentile among comparable filings
- Operating reserve ratio: 3.32; rating input score 68; 68th percentile among comparable filings
- Liabilities to assets ratio: 1.03; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 70; 70th percentile among comparable filings
Growth
- Program expense growth: 23.8% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: -10.6% per year; rating input score 0; 8th percentile among comparable filings
- Asset growth: 1.9% per year; rating input score 100; 35th percentile among comparable filings
Details
- What they do: Mission, programs, and operating context captured from the official website.
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 0 of 3 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $632K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 34 of 34 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 annual filings from 2018 to 2021
- 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.