Overview
What is Vajrapani Kadampa Buddhist Center?
The Vajrapani Kadampa Buddhist Center is a nonprofit organization committed to promoting the Buddhist faith under the guidance of its elected General Spiritual Director, following the New Kadampa Tradition. Their core activities include teaching, studying, practicing, and adhering to moral discipline. They manage and develop facilities for these purposes, produce and distribute relevant literature, artwork, audio, and visual materials. Their mission extends beyond these activities, providing a supportive environment for spiritual growth and fostering understanding of Buddhist principles.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33%, Zero-Star out of Four Star rating. This rating reflects significant concerns regarding the financial health and operational transparency of Vajrapani Kadampa Buddhist Center. The overall score is derived solely from their Accountability & Finance metrics, indicating a major dependence on this aspect of evaluation.
The organization has demonstrated strengths in governance with 100% independent board members and appropriate documentation of board meeting minutes. These factors contribute positively to their overall accountability. However, the charity's financial performance raises red flags, particularly with a program expense ratio of only 49.29%, suggesting that less than half of their expenses are directed toward their programs.
Additionally, the liabilities to assets ratio of 15.44% is concerning, as it indicates potential financial instability. The low scores in these key areas led to the overall zero-star rating, highlighting the need for the organization to enhance its financial management and programmatic efficiency to improve its standing and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Vajrapani Kadampa Buddhist Center legitimate?
Vajrapani Kadampa Buddhist Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vajrapani Kadampa 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 Vajrapani Kadampa Buddhist Center?
The Vajrapani Kadampa Buddhist Center is dedicated to promoting the Buddhist faith under the guidance of its elected spiritual leader, with a focus on teaching, study, practice, and maintaining moral discipline. Their mission involves providing and managing facilities for these activities, as well as producing and distributing related materials such as books, literature, artwork, audio, and visual content. The primary goal is to support these religious purposes.
Who is the CEO of Vajrapani Kadampa Buddhist Center?
Benjamin Baenen is the CEO of Vajrapani Kadampa Buddhist Center The CEO's salary of Vajrapani Kadampa Buddhist Center is $0 and their total compensation is $0.
What is the revenue of Vajrapani Kadampa Buddhist Center?
Vajrapani Kadampa Buddhist Center's revenue in 2020 was $70,635.
Who are the executives of Vajrapani Kadampa Buddhist Center and what are their salaries?
There 7 volunteers at Vajrapani Kadampa Buddhist Center.
Here are 4 key members and their salaries (Vajrapani Kadampa Buddhist Center's CEO's salary is $0 and their total compensation is $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 Vajrapani Kadampa Buddhist Center?
Vajrapani Kadampa Buddhist Center's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Vajrapani Kadampa Buddhist Center
Vajrapani Kadampa Buddhist Center, with a religious focus, is dedicated to propagating the Buddhist faith under the leadership of its elected General Spiritual Director from the New Kadampa Tradition. The center achieves this mission through various activities, including teaching, study, practice, and the upholding of moral discipline. Moreover, the center takes responsibility for providing, managing, developing, and administering facilities for teaching, study, and meditation. These facilities serve as platforms for individuals to engage in spiritual growth and development.
In addition to physical facilities, Vajrapani Kadampa Buddhist Center engages in producing and distributing books, literature, artwork, audio, and visual reproductions. These materials are instrumental in supporting the center's primary purpose of promoting the Buddhist faith. By providing these resources, the center aims to make the teachings of Buddhism more accessible to a wider audience, thereby fostering a deeper understanding and appreciation of the faith.
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Impact
August, 2024
Vajrapani Kadampa Buddhist Center plays a significant role in promoting the Buddhist faith and guiding individuals in their spiritual practice under the leadership of the General Spiritual Director of the New Kadampa Tradition. Through teachings, study sessions, meditation practices, and the observance of moral discipline, the center serves as a hub for those seeking spiritual growth and insight. By providing facilities for learning and meditation, as well as distributing supportive resources such as books, literature, artwork, and multimedia materials, the center actively contributes to the dissemination and preservation of Buddhist teachings in Orlando, FL.
This information is meant to be a general summary of Vajrapani Kadampa 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 2020.
- Investment Income: $23
- Program Service Revenue: $40,918
- Gross Receipts: $70,635
Assets and Liabilities:
- Total Assets: $250,852
- Total Liabilities: $38,735
- Net Assets: $212,117
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Day/Evening Courses
Revenue
$39,888
Tharpa Sales
Revenue
$134
Empowerments
Revenue
$896
Organization Details
Founding Year
2008
Principal Officer
Benjamin Baenen
NTEE Category
Code: X50 - Religion related
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