The Maitrii Project

Nonprofit profile at a glance

EIN
881720325
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
Topanga, CA, USA
Phone
2024008074
Rating
52
Verdict
MIXED
Rating confidence
Moderate
Sector
Buddhism
Affiliation
Buddhism

Reported finances

Revenue
$65,166
Expenses
$70,074
Assets
$15,195

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Edward Sczudlo (Chief Executive Officer)

People named in this filing

  • Edward Sczudlo (Chief Executive Officer)
  • Sunil Shakya (Secretary)
  • Lina Piloplyte (Chief Financial Office)

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 support and improve health and overall well-being of Buddhist monastics, especially in poor and distressed areas in Nepal and other Asian countries. Planned activities include securing food and medical services for monastics in need.

What it reported doing in 2024

The Maitrii Project successfully raised money and funded the construction of roughly 4 apartments at the historic Sera Mey Monastery in India. In addition to this, the Maitrii Project also helped fund Dholma Ling Nunnery in Dharmasala Insia along with supporting a variety of Buddhist nuns throughout India.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 21
  • Transparency & Controls: 100
  • Sustainability: 27
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 21.5%; rating input score 21
  • Program expense ratio: 20%; rating input score 20

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: -7.5%; rating input score 33; 33rd percentile among comparable filings
  • Total-asset coverage ratio: 0.22; rating input score 17; 17th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -118.8% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: -29.4% per year; rating input score 0; 10th percentile among comparable filings
  • Asset growth: -27.8% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 21.5% of revenue deployed · 20% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $14K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • 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 21/100.
  • High — Financial Efficiency: Program expense ratio scored 20/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 33/100.
  • High — Sustainability: Total-asset coverage ratio scored 17/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.