Overview
What is Watlao Xoke Xayyaram Buddhist Temple?
The Watlao Xoke Xayyaram Buddhist Temple, situated at 458 River Street, Woosocket, RI 02895, is a nonprofit organization dedicated to sharing the teachings of Buddha. It fosters a safe and inclusive environment for its members and those curious about Buddhism, while also extending spiritual and charitable support to its community. This temple's mission encompasses both the spiritual growth of its members and the betterment of the local community as a whole.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53% (One-Star out of Four Star rating)
Watlao Xoke Xayyaram Buddhist Temple received a 53% rating from Charity Navigator, indicating significant concerns regarding its accountability and financial transparency. The organization has not demonstrated a majority of independent board members or provided essential governance policies, such as a conflict of interest policy or whistleblower protections, which are critical for transparency and ethical management.
Despite these shortcomings, the temple has a 100% program expense ratio, meaning all reported expenses are directed towards its programs. This suggests a strong commitment to its mission and effective use of funds for charitable purposes. Additionally, the absence of material diversion of assets points to good financial integrity in that regard.
However, the lack of a website listed on its tax form and missing documentation regarding governance practices raises red flags. Potential donors and stakeholders may want to consider these aspects carefully when evaluating the organization's overall performance and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Watlao Xoke Xayyaram Buddhist Temple legitimate?
Watlao Xoke Xayyaram Buddhist Temple is a legitimate nonprofit organization registered as a 501(c)(3) entity. Watlao Xoke Xayyaram Buddhist Temple submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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What is the mission statement of Watlao Xoke Xayyaram Buddhist Temple?
The Watlao Xoke Xayyaram Buddhist Temple's mission is centered around sharing the teachings of Buddha in a welcoming and inclusive environment. This includes catering to both its members and individuals who are interested in exploring Buddhism. Furthermore, the temple extends its support beyond spiritual matters, offering charitable aid to its members and the local community. In essence, its purpose is to foster the spread of Buddhist teachings and provide aid when needed, creating a harmonious and supportive environment for all.
Who is the CEO of Watlao Xoke Xayyaram Buddhist Temple?
Pin Manivong is the President of Watlao Xoke Xayyaram Buddhist Temple.
What is the revenue of Watlao Xoke Xayyaram Buddhist Temple?
Watlao Xoke Xayyaram Buddhist Temple's revenue in 2022 was $539,594.
Who are the executives of Watlao Xoke Xayyaram Buddhist Temple and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Watlao Xoke Xayyaram Buddhist Temple?
Watlao Xoke Xayyaram Buddhist Temple's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Watlao Xoke Xayyaram Buddhist Temple
The Watlao Xoke Xayyaram Buddhist Temple is committed to disseminating the teachings of Buddha in an inclusive and secure environment. This mission extends to both its members and those interested in exploring Buddhist philosophy. Beyond simply sharing knowledge, the temple also provides spiritual and charitable support to its members and the wider community. This multifaceted approach to its mission reflects the temple's dedication to fostering a sense of unity and compassion within its community.
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Impact
July, 2024
The Watlao Xoke Xayyaram Buddhist Temple's impact lies in sharing the teachings of Buddha in a safe and inclusive environment for its members and those who seek to explore the Buddha Dharma. Additionally, the temple provides spiritual and charitable support to its members and the local community. Through these activities, the temple serves as a beacon of spiritual guidance and support for its members, fostering a sense of community and fostering personal growth and reflection.
This information is meant to be a general summary of Watlao Xoke Xayyaram Buddhist Temple. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $12
- Gross Receipts: $539,594
Assets and Liabilities:
- Total Assets: $616,777
- Total Liabilities: $2,836
- Net Assets: $613,941
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Organization Details
Founding Year
2002
Phone
(401) 597-6369Principal Officer
Pin Manivong
Main Address
458 RIVER STREET, WOOSOCKET, RI, 02895
NTEE Category
Code: X50 - Religion related
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