Korinji
Legal name: The Korinji Foundation
Nonprofit profile at a glance
- EIN
- 203905539
- IRS 990 coverage
- 2018–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-EZ 2017, Form 990-N 2007
- Location
- Reedsburg, WI, USA
- Phone
- 6084156814
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Buddhism
- Affiliation
- Buddhism
Reported finances
- Revenue
- $269,299
- Expenses
- $170,870
- Assets
- $556,816
- Liabilities
- $16,306
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- KEITH MOORE (President)
Highest reported compensation
- KEITH MOORE (President): $24,700 total reported compensation
- Franciska Schulze (Treasurer): $11,400 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote the practice of Buddhist meditation and related religious practice through instruction, lectures, publications, and other outreach; founded and administer a Buddhist monastery and retreat center as a hub for these activities. The monastery is maintained by The Korinji Foundation, a federally recognized not-for-profit charity, and serves as the organizational and spiritual headquarters ofRinzai Zen International, our worldwide community of affiliated practice groups. New groups can form wherever sincere students gather together. We invite you to walk this path together with us. Opportunities Annual and daily Zen training schedules at Korinji are modeled on those experienced by our teachers at Japanese Rinzai monasteries, including Tenryuji in Kyoto. Beyond the opportunities of residency and training for Buddhist ordination, we offer many public events at the monastery and...
What it reported doing in 2024
The korinji rinzai zen community is the circle of students practicing under the guidance of buddhist teacher and author meido moore roshi. We are a vibrant, friendlycommunity committed to supporting one another on the zen path. All are welcome to learn with us regardless of faith or background. Affiliated groups exist in madison, wi and across north america and europe. Korinji monastery, located on 17 forested acres in Wisconsin, USA, is our community's headquarters and spiritual center. Aside from being a place of zen practice the monastery also houses korinji shugen dojo, acenter for training in the mt. Koshikidake tradition of shugendo. Membership in our community is open to anyone, and we have numerous resources including our online video channel to support your path. We conduct frequent retreats and other events that you are welcome to attend, structured in a progressive way from basic to advanced.
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 and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 92
- Accountability: 69
- Sustainability: 68
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 54.4%; rating input score 54
- Program expense ratio: 85.7%; rating input score 86
- Fundraising efficiency: $109.24 raised per $1 spent on fundraising; rating input score 86; 86th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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: 71.4%; rating input score 71; 19th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 36.6%; rating input score 86; 86th percentile among comparable filings
- Total-asset coverage ratio: 3.26; rating input score 71; 71st percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 37; 37th percentile among comparable filings
- Officer compensation ratio: 21.1%; rating input score 18; 18th percentile among comparable filings
Growth
- Program expense growth: 16.1% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: 21.9% per year; rating input score 100; 89th percentile among comparable filings
- Asset growth: 1.6% per year; rating input score 100; 31st percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 54.4% of revenue deployed · 85.7% of spending went to programs
- Governance: 5 of 7 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $146K in reported program spending
- Leadership: top reported pay $25K · 7 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 6 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 54/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Sustainability: Officer compensation ratio scored 18/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 37/100.