Florida Buddhist Centers Inc - Lotus Monastery - Ni Vien Lien Hoa

Charity Navigator Rating: 13%

Florida Buddhist Centers Inc - Lotus Monastery has received a low rating of 13%, resulting in a Zero-Star out of Four Star rating. This score reflects significant concerns regarding the organization's accountability and financial practices. The absence of independent board members raises questions about governance and oversight, which is critical for transparency within nonprofits.

The organization does demonstrate some strengths, such as having no material diversion of assets and maintaining records of board meeting minutes. However, the absence of key policies, including those related to conflicts of interest and whistleblower protections, points to important gaps in governance practices. Additionally, the organization's low program expense ratio of 43.06% suggests that a smaller portion of funds is directed towards its programs and services compared to its administrative costs.

Overall, the data indicates a need for significant improvements in the organization's governance practices and financial management. Stakeholders may want to approach with caution due to the low accountability score and lack of independent oversight.

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

Florida Buddhist Centers Inc - Lotus Monastery - Ni Vien Lien Hoa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Buddhist Centers Inc - Lotus Monastery - Ni Vien Lien Hoa 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

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