Ngoc Hiep Meditation Center

Nonprofit profile at a glance

EIN
920324020
IRS 990-EZ coverage
2022–2023
Forms available
Form 990-EZ 2023
Location
Fresno, CA, USA
Phone
4088877476
Rating
92
Verdict
STRONG
Rating confidence
Moderate
Sector
Buddhism
Affiliation
Buddhism

Reported finances

Revenue
$63,274
Expenses
$52,279
Assets
$22,657
Liabilities
$11,662

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

1 person listed

Executive titles in this filing

  • HANG THI NHAT TRAN (PRESIDENT)

People named in this filing

  • HANG THI NHAT TRAN (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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The specific purposes for which the ngoc hiep meditation center is organized are: to establish a place of worship, study, and practice for buddhist members; to advance the teaching of the buddha; to practice a lifestyle of compassionate non-violence, of mindful consciousness as the underlying foundation for the spiritual and insightful life of the buddhist; to maintain the vietnamese traditional culture and high moral standards for the vietnamese, in concert with other cultures; to promote and encourage the practice of the five midfulness trainings, not to kill, not to steal, not to engage in sexual misconduct, not to lie, not to partake in substance abuse, in order to build happiness and peace for the individual, the family and society.

What it reported doing in 2023

The specific purposes for which the ngoc hiep meditation center is to establish a place of workship, study and practice for buddhist members.

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 and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 100
  • Sustainability: 49
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.6%; rating input score 83
  • 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: Yes; rating input score 100

Sustainability

  • Operating margin: 17.4%; rating input score 71; 71st percentile among comparable filings
  • Total-asset coverage ratio: 0.43; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: 0.51; rating input score 9; 9th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 198.9% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 120.1% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 36.5% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 82.6% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $52K in reported program spending
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2022 to 2023
  • 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 — Sustainability: Total-asset coverage ratio scored 26/100.
  • High — Sustainability: Liabilities to assets ratio scored 9/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.