Overview
What is Fa Yun Chan Temple?
Fa Yun Chan Temple is a nonprofit organization situated in Oakland, California, with the address 512 8th Street, 94607. Their primary focus is on promoting Buddhist teachings and engaging in charitable giving. This mission extends to collaborating with other Buddhist organizations and community service groups. Their activities aim to spread the teachings of Buddhism and contribute to the betterment of their community through charitable acts.
Official website here: www.fact.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Fa Yun Chan Temple has received a two-star rating from Charity Navigator, indicating a "Needs Improvement" status with an overall score of 73%. The organization shows strong accountability in several areas, including having a fully independent board and a high program expense ratio of 91.33%. This suggests that a significant portion of their funds is directed towards their mission-related programs.
However, there are notable weaknesses in their financial transparency, as they have not provided financial statements, which heavily impacted their score in that category. Additionally, the absence of key policies such as a conflict of interest policy and a whistleblower policy raises concerns about governance practices. These limitations may affect stakeholder confidence and the organization's overall effectiveness.
Despite these challenges, the temple maintains a solid liabilities to assets ratio at 0.00%, indicating strong financial health in terms of not having debt. The presence of proper document retention and destruction policies further reflects some commitment to organizational governance, yet the lack of transparency and essential policies detracts from their overall standing.
This AI summary has been generated from information found on Charity Navigator.
Is Fa Yun Chan Temple legitimate?
Fa Yun Chan Temple is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fa Yun Chan 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.fact.org
What is the mission statement of Fa Yun Chan Temple?
The Fa Yun Chan Temple's mission is centered around promoting Buddhist teachings, fostering worship, and engaging in charitable giving. This mission extends not only to its own community but also to other Buddhist organizations and community service organizations. The temple actively works towards the dissemination of Buddhist principles and values, and it is also involved in charitable activities, providing aid to those in need. Furthermore, the temple collaborates with various organizations to offer its services and support to a broader community.
Official website here: www.fact.org
Who is the CEO of Fa Yun Chan Temple?
Xin Xin Shi is the Director of Fa Yun Chan Temple.
Official website here: www.fact.org
What is the revenue of Fa Yun Chan Temple?
Fa Yun Chan Temple's revenue in 2022 was $1,038,457.
Official website here: www.fact.org
Who are the executives of Fa Yun Chan Temple and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.fact.org
Where can I find the form 990 for Fa Yun Chan Temple?
Fa Yun Chan Temple's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fact.org
Learn more at the official website: www.fact.org
Mission Statement of Fa Yun Chan Temple
Fa Yun Chan Temple, as a nonprofit organization, is committed to promoting Buddhist teachings, worship, and charitable giving. This mission extends beyond its own community, reaching out to other Buddhist organizations and serving the broader community at large. The temple's activities are centered around spreading the teachings of Buddhism, engaging in worship, and extending charitable contributions to those in need. It serves as a platform for fostering a sense of unity and compassion among Buddhists and the wider community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Fa Yun Chan Temple has a significant impact on the local community in Oakland, CA, by promoting the teachings of Buddhism and fostering a sense of spiritual growth and connection among its members. Through its events and activities, the temple provides a space for worship, meditation, and learning, allowing individuals to deepen their understanding of Buddhist principles and practices.
In addition to spiritual enrichment, the temple actively engages in charitable giving, supporting various Buddhist and community service organizations. This commitment to philanthropy not only aids those in need but also strengthens the bonds within the community, fostering a culture of compassion and generosity.
By creating a supportive environment for worship and service, Fa Yun Chan Temple contributes to the overall well-being of its members and the wider community, encouraging a holistic approach to spiritual life that emphasizes both personal development and social responsibility.
This information is meant to be a general summary of Fa Yun Chan 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: $22,689
- Program Service Revenue: $286,999
- Gross Receipts: $1,038,457
Assets and Liabilities:
- Total Assets: $7,014,064
- Total Liabilities: $0
- Net Assets: $7,014,064
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GENERAL DONATIONS
Revenue
$40,110
SERVICES
Revenue
$73,180
OFFERINGS
Revenue
$104,759
LIGHTINGS
Revenue
$68,950
Organization Details
Founding Year
2007
Phone
(510) 452-8982Principal Officer
Xin Xin Shi
Main Address
512 8TH STREET, OAKLAND, CA, 94607
Website
www.fact.orgNTEE Category
Code: X50 - Religion related
If you are a representative of Fa Yun Chan Temple and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.