WAT CAROLINA AKA Wat Carolina of Tabor City

Nonprofit profile at a glance

EIN
331964575
IRS 990-EZ coverage
2025–2025
Forms available
Form 990-EZ 2025
Location
Tabor City, NC, USA
Phone
9102098018
Rating
48
Verdict
MIXED
Rating confidence
Moderate
Sector
Buddhism

Reported finances

Revenue
$84,345
Expenses
$51,304
Assets
$64,958
Liabilities
$0

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

Leadership & pay

4 people listed

People named in this filing

  • Chawewan Tantayopin (Chairperson)
  • Jeffrey Widder (Secretary)
  • Nalinee Tantayopin (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-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The primary objective of Wat Carolina is to promote the practice of Buddhist philosophies for the benefit of the whole of society. The Wat Carolina will conduct activities to increase the knowledge, understanding and practice of mindful living towards the goal of peace and happiness for all beings. These activities include sermons by the Monks of the Temple and visiting Monks given at temple held celebrations on traditional Buddhist and Thia holidays and festivals open to the public. These sermons will Foster and encourage happiness and personal growth in all people. The Wat Carolina will work to maintain the traditions of Buddhist teaching and lifestyle which will include the tradition of providing all services to the public at large whether of the Buddhist philosophy or any other faith, religion or denomination. The Wat Carolina will promote the tradition of respecting the faith or religions of others as representing their own path and will not attempt to convert them away.

What it reported doing in 2025

To promote the practice of Buddhist philosophies, teachings and support the religious/spiritual needs of the local Buddhist community Wat Carolina has worked with its sister temple to give sermons and lead the ceremonies at this past years Buddhist holidays and celebrations. Because the Wat Carolina temple has not yet been built Phra (Monk) Anusorn has been living at and operating out of the Buddhist temple in Bolivia NC. At each holiday and calibration money is raised through member and guest donations. Wat Carolina has used monies raised to pay for the officiaries and Monks who lead the services and gave sermons. There were no cost incurred as volunteers do the set up and bring the food given to the Monks and attendees.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. 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: 8
  • Transparency & Controls: 100
  • Sustainability: 70
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 6.8%; rating input score 7
  • Program expense ratio: 11.1%; rating input score 11

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: 39.2%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 1.27; rating input score 54; 54th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 6.8% of revenue deployed · 11.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $6K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • 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 7/100.
  • High — Financial Efficiency: Program expense ratio scored 11/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • Review — Sustainability: Total-asset coverage ratio scored 54/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.