Dharma Institute
Nonprofit profile at a glance
- EIN
- 994572119
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Katy, TX, USA
- Phone
- 8327238380
- Rating
- 62
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Buddhism
- Affiliation
- Buddhism
Reported finances
- Revenue
- $127,645
- Expenses
- $14,874
- Assets
- $112,771
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Angela Tranpham (President)
People named in this filing
- Sinh Simmons (Secretary)
- Theresa Pham (Treasurer)
- Angela Tranpham (President)
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
To provide an environment for learning, contemplating, and practicing Buddhism through educational programs, meditation retreats, and related spiritual activities.
What it reported doing in 2024
The Dharma Institute is a group of dharma practitioners gathered to learn, practice Buddhism since December of 2011. We have used our own resources to provide the location for retreats, donation for the activities when needed. On August 2024 we received the donation land to build a permanent Buddhist center for same purposes. Then we established the non-profit organization TDI. Our goal to develop the land and buil a center in a near future. It will serve the activities such as Teaching, Learning, Retreat Planning and Community Outreach. So far we are able to put on a gate on the land, built a road to the land and put 20 trucks of gravel to even the land. The Dharma Institute will use the land and facilities for Buddhist retreat programs and conducted outreach to engage local practitioners and volunteers. These efforts included creating program materials, building partnerships with Buddhist teachers, and organizing future retreats to be hosted once the temple opens. Number of persons benefited: Anticipated 50+ based on outreach and interest.
Operating model
- Revenue model
- Donor-supported. 88% 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 revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work.
Rating breakdown
- Financial Efficiency: 35
- Transparency & Controls: 100
- Sustainability: 83
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 9.2%; rating input score 9
- Program expense ratio: 78.9%; rating input score 79
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 88.3%; rating input score 99; 99th percentile among comparable filings
- Total-asset coverage ratio: 7.58; rating input score 98; 98th 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: Limited
- Asset growth: Limited
Details
- Where the money goes: 9.2% of revenue deployed · 78.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $12K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- 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.
- High — Financial Efficiency: Mission deployment rate scored 9/100.