Overview
What is Dong Wha Sa Inc?
Dong Wha Sa Inc, located in Lawrenceville, Georgia, serves as a nonprofit organization dedicated to spreading the principles of Buddhism. With a modest workforce of three individuals, their primary objective is to educate those curious about Buddha and his teachings, positioning Buddhism as a guiding philosophy for life. By promoting Buddhism as a lifestyle guide, Dong Wha Sa Inc aims to inspire personal growth and spiritual enlightenment within its community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0%
Dong Wha Sa Inc has received a disheartening 0% rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization lacks independent board members, which raises questions about governance and potential conflicts of interest. Furthermore, the absence of essential policies such as a conflict of interest policy and a whistleblower policy suggests a lack of commitment to transparency and ethical standards.
The charity's financial metrics are troubling, with a liabilities-to-assets ratio exceeding 100%, indicating that its liabilities surpass its assets, potentially jeopardizing its financial stability. Additionally, the program expense ratio is reported at 0.00%, implying that no funds are allocated towards its intended charitable programs, which is a critical red flag for potential donors.
Overall, the significant gaps in governance, transparency, and financial management reflect poorly on Dong Wha Sa Inc. Prospective supporters should exercise caution and thoroughly investigate the organization before contributing, as the current rating signals a lack of effective operational oversight.
This AI summary has been generated from information found on Charity Navigator.
Is Dong Wha Sa Inc legitimate?
Dong Wha Sa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dong Wha Sa 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: $3,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Dong Wha Sa Inc?
Dong Wha Sa Inc's mission is centered around promoting Buddhism as a guiding philosophy for living. They aim to educate individuals who show interest in Buddha and his teachings, serving as a medium to disseminate Buddhist principles. Their activities are primarily focused on spreading awareness and understanding of Buddhism.
Who is the CEO of Dong Wha Sa Inc?
Byung Hoon Chung is the Ceo of Dong Wha Sa Inc. The CEO's salary of Dong Wha Sa Inc is $3,600 and their total compensation is $3,600.
What is the revenue of Dong Wha Sa Inc?
Dong Wha Sa Inc's revenue in 2022 was $37,149.
Who are the executives of Dong Wha Sa Inc and what are their salaries?
The average compensation at Dong Wha Sa Inc during 2022 was $1,200. There are 3 employees at Dong Wha Sa Inc.
There is 1 key member and their salary:
- Compensation: $3,600
- Related: $0
- Other: $0
Where can I find the form 990 for Dong Wha Sa Inc?
Dong Wha Sa Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Dong Wha Sa Inc
Dong Wha Sa Inc, as a nonprofit organization, is committed to promoting Buddhism as a guiding principle for living. Their mission is to educate individuals who are interested in Buddhism and its teachings, providing them with a deeper understanding of Buddha and his wisdom. The organization accomplishes this by explaining the fundamental principles of Buddhism, aiming to inspire individuals to incorporate these teachings into their own lives.
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Impact
August, 2024
Dong Wha Sa Inc's impact lies in promoting Buddhism as a guiding principle for living. Through their activities, they aim to educate people on the principles of Buddhism and help individuals understand the teachings of Buddha. This organization, based in Lawrenceville, GA, plays a significant role in spreading awareness and knowledge about Buddhism, contributing to the spiritual growth and well-being of those interested in the religion.
This information is meant to be a general summary of Dong Wha Sa 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 2022.
- Investment Income: $149
- Gross Receipts: $37,149
Assets and Liabilities:
- Total Assets: $630,688
- Total Liabilities: $639,331
- Net Assets: -$8,643
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Organization Details
Founding Year
2006
Principal Officer
Byung Hoon Chung
Main Address
3282 Cruse Rd, Lawrenceville, GA, 30044
NTEE Category
Code: X21 - Religion related
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