Bhutan Center Inc
Nonprofit profile at a glance
- EIN
- 931597186
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024
- Location
- New York, NY, USA
- Phone
- 9179528972
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Buddhism
- Affiliation
- Buddhism
Reported finances
- Revenue
- $117,498
- Expenses
- $46,263
- Assets
- $128,845
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- SONAM LEKI DORJI (PRESIDENT)
People named in this filing
- SONAM LEKI DORJI (PRESIDENT)
- SONAM WANGCHUK (TREASURER)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
At bhutan center inc , our mission is to preserve and promote bhutanese culture and traditions, with a particular emphasis on buddhist traditions. We achieve this by organizing events and offering teachings and practices related to buddhism. Our objective is to provide a platform for the community to continue their spiritual journey while sharing with the younger generation the benefits of developing the spiritual mind and developing an understanding of our cultural roots. Our vision is to create a society where cultural and religious diversity is not only acknowledged but celebrated and respected. We envision a future where people from all walks of life come together, embracing and learning from each other's traditions. By providing a platform for cultural and religious exchange, we aim to foster unity and understanding among individuals and communities.
What it reported doing in 2024
Our vision is to create a society where cultural and religious diversity is not only acknowledged but celebrated and respected. We envision a future where people from all walks of life come together, embracing and learning from each other's traditions. By providing a platform for cultural and religious exchange, we aim to foster unity and understanding among individuals and communities.
Operating model
- Revenue model
- Donor-supported. 100% 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.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 82
- Sustainability: 78
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 39%; rating input score 39
- Program expense ratio: 99%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 60.6%; rating input score 95; 95th percentile among comparable filings
- Total-asset coverage ratio: 2.79; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 34.4% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: 76.4% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 39% of revenue deployed · 99% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $46K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2023 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 39/100.