Overview
What is Lotus Buddhist Congregation?
The Lotus Buddhist Congregation is a nonprofit organization situated in Houston, Texas, dedicated to the propagation of Buddhist teachings. They achieve this mission through a variety of programs, such as the Luna New Year event. As a Buddhist organization, their purpose is to spread religious knowledge and understanding within their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 10%
Lotus Buddhist Congregation has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The charity scored only 10% on the Accountability & Finance Score, reflecting serious deficiencies in governance, transparency, and financial reporting. Notably, the organization has no independent board members, which raises questions about oversight and decision-making processes.
The financial statements for the charity are absent, and it fails to meet several key accountability standards, such as having a conflict of interest policy, a whistleblower policy, and posted financial documents on its website. Additionally, the program expense ratio is low at 13.71%, suggesting that a minimal amount of funds are directed towards the charity's intended mission rather than administrative costs.
While there is no indication of material diversion of assets, the overall lack of transparency and governance practices poses significant risks for donors and beneficiaries alike. This rating suggests that potential supporters should exercise caution and thoroughly investigate the organization’s operational practices before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Lotus Buddhist Congregation legitimate?
Lotus Buddhist Congregation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lotus Buddhist Congregation 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:
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Professional Fundraising Fees: $0
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What is the mission statement of Lotus Buddhist Congregation?
The Lotus Buddhist Congregation, being a Buddhist organization, is dedicated to spreading Buddhist teachings. It accomplishes this mission through various programs, one of which is the celebration of the Luna New Year. The congregation serves as a platform for individuals to deepen their understanding of Buddhist religions.
Who is the CEO of Lotus Buddhist Congregation?
Lang Bui is the President of Lotus Buddhist Congregation.
What is the revenue of Lotus Buddhist Congregation?
Lotus Buddhist Congregation's revenue in 2022 was $617,235.
Who are the executives of Lotus Buddhist Congregation and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Lotus Buddhist Congregation?
Lotus Buddhist Congregation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lotus Buddhist Congregation
Lotus Buddhist Congregation, a faith-based organization, is dedicated to propagating the teachings of Buddhism. Through various programs, this Buddhist nonprofit aims to disseminate Buddhist religious beliefs. One of their notable initiatives is the celebration of the Luna New Year, showcasing their commitment to preserving and sharing Buddhist traditions. The organization's mission is to educate and inspire individuals about Buddhism, fostering a deeper understanding and appreciation for this ancient religion.
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Impact
July, 2024
Lotus Buddhist Congregation's impact is evident in the community through its dedicated efforts in teaching Buddhist religions. By organizing various programs such as the Luna New Year event, the congregation helps spread awareness and understanding of Buddhist principles and practices to a wider audience in Houston, TX. Through these initiatives, Lotus Buddhist Congregation plays a significant role in promoting cultural diversity and religious education in the local area.
This information is meant to be a general summary of Lotus Buddhist Congregation. 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.
- Gross Receipts: $617,235
Assets and Liabilities:
- Total Assets: $3,901,857
- Total Liabilities: $1,426,624
- Net Assets: $2,475,233
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Organization Details
Founding Year
2009
Phone
(281) 530-8899Principal Officer
Lang Bui
Main Address
6709 SUGARLAND HOWARD RD, HOUSTON, TX, 77083
NTEE Category
Code: X20 - Religion related
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