Overview
What is Philadelphia Buddhist Light Temple Inc?
Philadelphia Buddhist Light Temple Inc is a nonprofit organization rooted in the city of Philadelphia, Pennsylvania. Adhering to Buddhist beliefs, it serves as a platform for religious activities, upholding the philosophical teachings of Buddhism. The temple's primary focus is on religious activities, providing a space for individuals to practice and engage with Buddhist principles.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0%
Philadelphia Buddhist Light Temple Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management practices. The charity scored only 10%, with numerous critical policies and documentation either missing or not available, which raises questions about transparency and governance.
The organization has a concerning lack of independent board members, with a score of 0% in this category. Additionally, there is no available information regarding crucial policies such as conflict of interest and whistleblower protections, further underscoring the need for improvement in governance practices. While the charity did report no material diversion of assets, this alone does not compensate for the overall lack of accountability.
Furthermore, the charity's financial ratios are troubling, with a liability-to-assets ratio reported at 0.27% and a program expense ratio of 0.00%. This suggests that funds may not be directed effectively towards programs and services that support its mission. Overall, significant changes are needed to enhance transparency and accountability within the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Philadelphia Buddhist Light Temple Inc legitimate?
Philadelphia Buddhist Light Temple Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Philadelphia Buddhist Light Temple Inc 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Philadelphia Buddhist Light Temple Inc?
The Philadelphia Buddhist Light Temple Inc. is dedicated to carrying out religious activities and adhering to Buddhist principles. As a Buddhist organization, it focuses on spiritual practices and follows the teachings of Buddhism. The temple's mission is to provide a space for religious activities and foster a community based on Buddhist beliefs. It serves as a spiritual hub for individuals seeking guidance and solace in Buddhist teachings. The temple's activities aim to promote peace, understanding, and enlightenment within its community. It provides a platform for meditation, prayer, and education about Buddhist philosophy, encouraging personal growth and spiritual development.
Who is the CEO of Philadelphia Buddhist Light Temple Inc?
Zheng Ru Shi is the President of Philadelphia Buddhist Light Temple Inc.
What is the revenue of Philadelphia Buddhist Light Temple Inc?
Philadelphia Buddhist Light Temple Inc's revenue in 2023 was $132,958.
Who are the executives of Philadelphia Buddhist Light Temple Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Philadelphia Buddhist Light Temple Inc?
Philadelphia Buddhist Light Temple Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Philadelphia Buddhist Light Temple Inc
Philadelphia Buddhist Light Temple, as a Buddhist organization, is dedicated to carrying out religious activities and adhering to Buddhist philosophies. The temple's mission is to foster a spiritual environment, encouraging its followers to embrace and practice Buddhist teachings. By doing so, it aims to cultivate a sense of peace, understanding, and enlightenment within its community.
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Impact
October, 2024
Philadelphia Buddhist Light Temple Inc plays a significant role in the community by promoting the teachings of Buddhism and providing a space for spiritual growth and religious activities. By conducting various activities centered around Buddhist philosophy, the temple fosters a sense of community among practitioners and encourages personal development through meditation, teachings, and communal gatherings.
The temple serves as a cultural hub in Philadelphia, offering programs that not only deepen individuals' understanding of Buddhism but also promote values such as compassion, mindfulness, and ethical living. Through workshops, meditation sessions, and religious services, it facilitates a supportive environment where individuals can explore their spirituality and engage in reflective practices.
Additionally, the temple often engages with the wider community, fostering interfaith dialogue and social cohesion. By inviting people from diverse backgrounds to participate in events and discussions, Philadelphia Buddhist Light Temple Inc contributes to the cultural richness of the area and promotes peace and understanding among different religious traditions. Overall, its impact extends beyond the immediate Buddhist community, influencing broader societal values and encouraging a harmonious coexistence.
This information is meant to be a general summary of Philadelphia Buddhist Light Temple Inc. 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 2023.
- Investment Income: $9,625
- Gross Receipts: $185,439
Assets and Liabilities:
- Total Assets: $1,895,423
- Total Liabilities: $5,200
- Net Assets: $1,890,223
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Organization Details
Phone
(917) 770-5888Principal Officer
Zheng Ru Shi
Main Address
147 W WYOMING AVE, PHILADELPHIA, PA, 19140
NTEE Category
Code: X50 - Religion related
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