True Buddha Temple Chinatown Inc
Nonprofit profile at a glance
- EIN
- 275497177
- IRS 990-EZ coverage
- 2011–2014
- Forms available
- Form 990-EZ 2014
- Location
- New York, NY, USA
- Phone
- 6466624802
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Buddhism
- Affiliation
- Buddhism
Reported finances
- Revenue
- $190,666
- Expenses
- $126,093
- Assets
- $176,536
- Liabilities
- $4,748
Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
3 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Religious Service
What it reported doing in 2014
Prayer meetings
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. Reported officer compensation is a large share of total spending, which may reflect staffing concentration and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 82
- Sustainability: 73
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 66.1%; rating input score 66
- 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: 33.9%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 1.4; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 49; 49th percentile among comparable filings
- Officer compensation ratio: 11.4%; rating input score 25; 25th percentile among comparable filings
Growth
- Program expense growth: 11.7% per year; rating input score 100; 64th percentile among comparable filings
- Revenue growth: 8.9% per year; rating input score 100; 62nd percentile among comparable filings
- Asset growth: 32.8% per year; rating input score 100; 85th percentile among comparable filings
Details
- Where the money goes: 66.1% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $126K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2011 to 2014
- 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 — Sustainability: Officer compensation ratio scored 25/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 49/100.