Overview
What is Vien An Buddhist Association?
Vien An Buddhist Association is a church-affiliated, nonprofit organization based in Silver Spring, Maryland. With a small workforce of four individuals, its primary focus is to offer rituals and spiritual services, including prayer sessions and Buddhism education, to the public. During Lunar New Year, the association welcomes visitors, providing prayers and vegetarian meals as part of the festive celebrations. The organization operates as a Buddhist temple, providing a sacred space for individuals to connect with their faith and seek spiritual guidance.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Star rating)
The Vien An Buddhist Association has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization scored 67% overall, with a notable strength in its Program Expense Ratio, which is 70.48%, suggesting a significant portion of its expenditures is directed towards its mission-related programs.
However, the organization faces challenges in governance, particularly highlighted by having no independent board members, which received a score of 0 out of 10 points. Additionally, the absence of a publicly listed website on its tax form and the lack of a whistleblower policy are areas that could be improved to enhance transparency and accountability.
Despite these limitations, the Vien An Buddhist Association demonstrates solid financial practices, indicated by a strong Liabilities to Assets Ratio of 43.06%. The organization has a conflict of interest policy and maintains adequate documentation of board meeting minutes, reflecting some commitment to good governance practices. Overall, while there are areas for improvement, the organization maintains a focus on its mission through effective program spending.
This AI summary has been generated from information found on Charity Navigator.
Is Vien An Buddhist Association legitimate?
Vien An Buddhist Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vien An Buddhist Association 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: $26,240
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Vien An Buddhist Association?
The Vien An Buddhist Association is dedicated to providing ritual activities and spiritual guidance to the public. As a church-affiliated organization, it operates a Buddhist temple and is primarily focused on offering prayer services, spiritual consulting, and Buddhism education to the community. During significant events like Lunar New Year, the association welcomes visitors, offering prayers and a vegetarian lunch, serving as a platform for family reunions and celebrations.
What is the revenue of Vien An Buddhist Association?
Vien An Buddhist Association's revenue in 2023 was $452,794.
Who are the executives of Vien An Buddhist Association and what are their salaries?
The average compensation at Vien An Buddhist Association during 2023 was $6,560. There are 4 employees and 50 volunteers at Vien An Buddhist Association.
Here are 8 key members and their salaries:
- Compensation: $6,560
- Related: $0
- Other: $0
- Compensation: $6,560
- Related: $0
- Other: $0
- Compensation: $6,560
- Related: $0
- Other: $0
- Compensation: $6,560
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Vien An Buddhist Association?
Vien An Buddhist Association's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Vien An Buddhist Association
Vien An Buddhist Association is a church-affiliated organization that is solely dedicated to the operation of a Buddhist temple. Their primary mission is to provide ritual activities, including prayer services, spiritual consulting, and Buddhism education to the public. This nonprofit organization is committed to promoting Buddhism and offering spiritual guidance to individuals seeking tranquility and enlightenment.
During the Lunar New Year, Vien An Buddhist Association becomes an even more significant hub of activity. This period, which spans from the 1st to the 15th day of the 1st month of the lunar calendar, is a time of celebration and reunion for families and friends. The temple welcomes numerous visitors, including tours on buses, who come to pay their respects to Buddha, offer prayers for their departed relatives, and take part in the New Year celebrations. The association also offers a vegetarian lunch to all attendees, further strengthening the sense of community and togetherness during this festive period.
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
July, 2024
Vien An Buddhist Association's impact is profound in providing ritual activities, prayer services, spiritual consulting, and Buddhism education to the public. Through their mission, they offer a sanctuary for individuals seeking spiritual guidance and a deeper understanding of Buddhist practices. Additionally, their celebration of events such as the Lunar New Year fosters community connection and cultural appreciation. By welcoming visitors, offering prayers, and providing vegetarian meals, the association creates a space for reflection, tradition, and fellowship. Overall, Vien An Buddhist Association positively influences individuals seeking spiritual enlightenment and community support.
This information is meant to be a general summary of Vien An Buddhist Association. 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.
- Gross Receipts: $1,130,634
Assets and Liabilities:
- Total Assets: $7,139,950
- Total Liabilities: $3,074,465
- Net Assets: $4,065,485
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2002
Principal Officer
Thien Chau Nguyen
NTEE Category
Code: X50 - Religion related
If you are a representative of Vien An Buddhist Association 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.