Mindfulness Meditation Center - Covina

Legal name: Sri Lanka-america Buddha Dhamma Society

Nonprofit profile at a glance

EIN
953367535
IRS 990 coverage
2014–2025
Official website data refreshed
Sep 2026
Forms available
Form 990 2025
Location
Covina, CA, United States
Phone
(626) 364-7497
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Affiliation
Buddhism

Official website

Reported finances

Revenue
$2,178,086
Expenses
$145,514
Assets
$6,844,895
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • WALTER JAYASINGHE MD (President)

People named in this filing

  • WALTER JAYASINGHE MD (President)
  • ANURADHA MOONESINGHE (Secretary)
  • MALKI MOONESINGHE (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. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Place for inner peace & happiness. Our Dhamma School is the best place for us to learn the good values and teachings of Lord Buddha. Therefore, you all should come to the Dhamma School enthusiastically. The monks and your teachers at the temple take great effort to teach you Dhamma by sacrificing their valuable time and energy. Your teachers don’t get or expect anything in return for their services. So you must make it a point to attend your Dhamma School classes regularly. And don’t forget that however busy your mother and father might be, they bring you to the temple because they love you and want you to learn good values and customs. This program aims to help children aged between 4 to 12 years develop universal ethics for.

What it reported doing in 2025

Served the buddhist community by providing the services necessary to educate in the buddhist way of life and spiritually guided by meeting their spiritual needs.

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 most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 35
  • Transparency & Controls: 92
  • Accountability: 64
  • Sustainability: 98
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 6.3%; rating input score 6
  • Program expense ratio: 94.5%; rating input score 94
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 93.3%; rating input score 99; 99th percentile among comparable filings
  • Total-asset coverage ratio: 47.04; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 96; 96th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 90; 90th percentile among comparable filings

Growth

  • Program expense growth: 14.3% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: 16.8% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: 21.5% per year; rating input score 100; 86th percentile among comparable filings

Details

  • What they do: 1 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 6.3% of revenue deployed · 94.5% of spending went to programs
  • Governance: 9 of 9 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $137K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 16 of 16 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 11 filing years from 2014 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 6/100.
  • High — Accountability: Governance controls: 5 of 6 not reported.