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Nanda Thitsar Theravada Buddhism And Meditation Center

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 261246811 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Nanda Thitsar Theravada Buddhism And Meditation Center?

Nanda Thitsar Theravada Buddhism and Meditation Center is a nonprofit organization situated in Brooklyn, New York, specifically at 2119 W 6th Street, 2nd Floor. Their primary mission is to propagate and educate individuals about Theravada Buddhism and meditation techniques. They accomplish this mission through various means, including offering weekly meditation classes, arranging speaking engagements across the United States, and conducting Buddhism classes. The center is committed to sharing the teachings and practices of Theravada Buddhism, fostering a community of individuals interested in meditation and spiritual growth.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 44%, Zero-Star out of Four Star rating.

Nanda Thitsar Theravada Buddhism And Meditation Center has received a low rating of 44% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization has not demonstrated a majority independent board, which is essential for transparency and governance, scoring 0% in this area. Furthermore, key policies such as conflict of interest and whistleblower protections are missing, raising additional concerns about operational integrity.

Despite these shortcomings, the center has managed to achieve a program expense ratio of 64.84%, suggesting that a considerable portion of its resources is allocated toward its programs rather than administrative expenses. However, the absence of critical documentation, such as meeting minutes and tax forms on its website, further detracts from the organization’s credibility and transparency.

Overall, while Nanda Thitsar Theravada Buddhism And Meditation Center does engage in activities that provide community value, its lack of proper governance structures and transparency measures may deter potential donors who are looking for well-managed nonprofits. It is advisable for stakeholders to consider these factors carefully.


This AI summary has been generated from information found on Charity Navigator.

Is Nanda Thitsar Theravada Buddhism And Meditation Center legitimate?

Nanda Thitsar Theravada Buddhism And Meditation Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nanda Thitsar Theravada Buddhism And Meditation 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: $19,400

For more financial information, click here

What is the mission statement of Nanda Thitsar Theravada Buddhism And Meditation Center?

The Nanda Thitsar Theravada Buddhism and Meditation Center is dedicated to spreading the teachings of Theravada Buddhism and meditation techniques. They achieve this mission through various means, including conducting weekly meditation classes, organizing speaking engagements across the United States, and providing instruction in Buddhism. The center aims to make these ancient practices accessible and beneficial to a wide audience.

Who is the CEO of Nanda Thitsar Theravada Buddhism And Meditation Center?

Tin Mar Tun is the Director of Nanda Thitsar Theravada Buddhism And Meditation Center.

What is the revenue of Nanda Thitsar Theravada Buddhism And Meditation Center?

Nanda Thitsar Theravada Buddhism And Meditation Center's revenue in 2022 was $19,351.

Who are the executives of Nanda Thitsar Theravada Buddhism And Meditation Center and what are their salaries?


There is 1 key member and their salary:


Tin Mar Tun (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Nanda Thitsar Theravada Buddhism And Meditation Center?

Nanda Thitsar Theravada Buddhism And Meditation Center's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Nanda Thitsar Theravada Buddhism And Meditation Center

Nanda Thitsar Theravada Buddhism and Meditation Center is dedicated to propagating and educating individuals about Theravada Buddhism and meditation techniques. This nonprofit organization achieves its mission by conducting weekly meditation classes, arranging speaking engagements across various parts of the United States, and offering Buddhism classes. By providing these opportunities, Nanda Thitsar Theravada Buddhism and Meditation Center aims to cultivate a deeper understanding and practice of Theravada Buddhism and meditation among its followers and the wider community. Through these activities, the center serves as a hub for spreading the teachings of Theravada Buddhism and promoting the benefits of meditation, fostering personal growth and spiritual development.

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Impact




August, 2024

Nanda Thitsar Theravada Buddhism And Meditation Center plays a significant role in promoting and teaching Theravada Buddhism and meditation practices in Brooklyn, NY. Through their weekly meditation classes, speaking engagements across the US, and Buddhism classes, the center creates a space for individuals to learn and practice these ancient traditions. Their impact can be seen in the growing community of individuals who incorporate mindfulness and Buddhist teachings into their daily lives, fostering personal growth and inner peace.




This information is meant to be a general summary of Nanda Thitsar Theravada Buddhism And Meditation 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.

Revenue
$19,351 (2022)
Expenses
$31,450 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $19,351

Assets and Liabilities:

  • Total Assets: $13,331
  • Total Liabilities: $0
  • Net Assets: $13,331

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Organization Details

Founding Year

2007

Principal Officer

Tin Mar Tun

Main Address

2119 W 6TH STREET 2ND FLR, BROOKLYN, NY, 11223

NTEE Category

Code: X50 - Religion related

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