Wat Phouthapathane Lao

Nonprofit profile at a glance

EIN
953944634
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024
Location
La Puente, CA, USA
Rating
63
Verdict
SUPPORTED
Rating confidence
Moderate
Affiliation
Buddhism

Reported finances

Revenue
$26,184
Expenses
$41,303
Assets
$89,730
Liabilities
$227,648

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

Leadership & pay

7 people listed

Executive titles in this filing

  • PAT SHER (CEO)
  • PHENG CHAREUNSY (PRESIDENT)
  • BOUNNA BOULOM (VICE PRESIDENT)
  • SOMCHID LAMVIENG (VICE PRESIDENT)

People named in this filing

  • PAT SHER (CEO)
  • ELIZABETH RATTA (CFO)
  • PHENG CHAREUNSY (PRESIDENT)

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

Temple-meditation, chanting, learn dharma

What it reported doing in 2024

Serving the community with a monthly ceremony at the temple and attendance ranges from 30 to 60 people each month

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. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 53
  • Transparency & Controls: 82
  • Sustainability: 32
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 62.2%; rating input score 62
  • Program expense ratio: 39.4%; rating input score 39

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -57.7%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 2.17; rating input score 67; 67th percentile among comparable filings
  • Liabilities to assets ratio: 2.54; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 45.4% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: -36.7% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: -22.5% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: 62.2% of revenue deployed · 39.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $16K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 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.

  • Moderate — Financial Efficiency: Program expense ratio scored 39/100.
  • High — Sustainability: Operating margin scored 12/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.