Overview
What is Hong Shin Buddhist Center?
The Hong Shin Buddhist Center is a nonprofit organization that upholds the sanctity of the Buddhist community until the end of Samsara. Guided by the beliefs and teachings of the Buddha, the center encourages individuals to live in accordance with his examples. They offer a Master program for those seeking a deeper understanding and commitment to their faith. The center serves as a sanctuary for those seeking spiritual guidance and growth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 25%
The Hong Shin Buddhist Center has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score reflects a lack of independent board members and missing essential governance policies, which are critical for maintaining transparency and trust with donors and stakeholders.
Strengths include the charity's handling of financial statements, as it received full marks for having them reviewed or compiled, and there were no reported diversions of assets. However, weaknesses are pronounced, with a program expense ratio of only 13.34%, suggesting that a minimal portion of its resources is directed toward its intended mission.
Additionally, the absence of a website listed on the tax form, as well as missing conflict of interest and whistleblower policies, further raises concerns about governance practices. Overall, the organization's financial management and governance structure require significant improvement to enhance accountability and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Hong Shin Buddhist Center legitimate?
Hong Shin Buddhist Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hong Shin Buddhist Center 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 Hong Shin Buddhist Center?
The Hong Shin Buddhist Center's mission is centered around the enduring belief in the pure Sangha, seeking refuge in it until the end of Samsara. Adhering to this belief, the center encourages its members to emulate the exemplary conduct of the Buddha. The mission of the Hong Shin Buddhist Center involves guiding individuals in their actions and behavior, ensuring they align with the teachings and principles of Buddhism. The center offers a Master program for those interested in deepening their understanding and practice of Buddhism.
Who is the CEO of Hong Shin Buddhist Center?
Shirley Lai is the President & Ceo of Hong Shin Buddhist Center. The CEO's salary of Hong Shin Buddhist Center is $0 and their total compensation is $0.
What is the revenue of Hong Shin Buddhist Center?
Hong Shin Buddhist Center's revenue in 2022 was $520,263.
Who are the executives of Hong Shin Buddhist Center 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 Hong Shin Buddhist Center?
Hong Shin Buddhist Center's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hong Shin Buddhist Center
Hong Shin Buddhist Center, a nonprofit organization, is committed to guiding its followers until the end of Samsara by taking refuge in the pure Sangha. This Sangha refers to the community of Buddhist monks and nuns who have renounced worldly life for the pursuit of enlightenment. The center's mission is deeply rooted in the Buddha's teachings and principles, inspiring its believers to act and behave in a manner that aligns with these teachings. The organization offers a Master program for individuals interested in deepening their understanding and practice of Buddhism.
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Impact
July, 2024
The Hong Shin Buddhist Center in Chino, CA, is making a significant impact by actively promoting the principles of believers and encouraging individuals to act and behave according to the Buddha's examples. Through its Master program and teachings, the center is helping people on their spiritual journey to take refuge in the pure Sangha until the end of Samsara. As a result, the Hong Shin Buddhist Center is fostering a community that is dedicated to practicing and embodying Buddhist principles in their daily lives.
This information is meant to be a general summary of Hong Shin Buddhist Center. 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.
- Gross Receipts: $520,263
Assets and Liabilities:
- Total Assets: $22,571,224
- Total Liabilities: $4,359,800
- Net Assets: $18,211,424
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Organization Details
Principal Officer
Shirley Lai
Main Address
11713 CENTRAL AVE, CHINO, CA, 91710
NTEE Category
Code: X50 - Religion related
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