Van Phuoc Buddhist Meditation Center

Overview

Mission

Practice and teach buddhist religion

What it reported doing in 2024

To provide relogious services

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The nonprofit carried out 100% of its reported program work directly.

Nonprofit profile at a glance

EIN
843736453
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024
Headquarters
Brentwood, CA, USA
Rating
44
Verdict
MIXED
Rating confidence
Moderate
Sector
Buddhism
Affiliation
Buddhism

The verdict

MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 19
  • Transparency & Controls: 100
  • Accountability: NotEnoughData
  • Sustainability: 24
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 22.5%; rating input score 22
  • Program expense ratio: 13.2%; rating input score 13

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited
  • 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: -70.1%; rating input score 10; 10th percentile among comparable filings
  • Operating reserve ratio: 0.77; rating input score 40; 40th percentile among comparable filings
  • Liabilities to assets ratio: 1; rating input score 5; 5th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 1.4% per year; rating input score 100; 53rd percentile among comparable filings
  • Revenue growth: 4.6% per year; rating input score 100; 70th percentile among comparable filings
  • Asset growth: 6.4% per year; rating input score 100; 62nd percentile among comparable filings

Details

  • Where the money goes: 22.5% of revenue deployed · 13.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $9K in reported program spending
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 6 of 7 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 5 annual filings from 2019 to 2024
  • 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.