Hong Danh Buddhist Association Inc
Nonprofit profile at a glance
- EIN
- 412158620
- IRS 990-EZ coverage
- 2011–2012
- Forms available
- Form 990-EZ 2012
- Location
- San Jose, CA, USA
- Phone
- 4084495399
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Buddhism
- Affiliation
- Buddhism
Reported finances
- Revenue
- $128,100
- Expenses
- $108,165
- Assets
- $48,016
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.
Leadership & pay
3 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of hong danh buddhist association is to serve as a catalyst for socially engaged buddhism. Our purpose is to help human beings liberate themselves from the suffering that manifests in individuals, relationships and social systems. Hong danh promotes buddhist members to cultivate joy and loving kindness. Daily buddhist meditation, prayers and chanting workshops and retreats (every quarter).activities related to funeral services, dharma teachings offering vegetarian food to general public (bi-weekly). Hong danh buddhist assocociation inc is organized and operated exclusively for religious purpose
What it reported doing in 2012
Hong danh buddhist assocociation inc is organized and operated exclusively for religious purpose
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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 90
- Transparency & Controls: 82
- Sustainability: 46
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.4%; rating input score 84
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 15.6%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 0.44; rating input score 38; 38th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: 26.3% per year; rating input score 100; 83rd percentile among comparable filings
- Asset growth: 52.4% per year; rating input score 100; 91st percentile among comparable filings
Details
- Where the money goes: 84.4% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $108K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2011 to 2012
- 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 — Sustainability: Total-asset coverage ratio scored 38/100.