Overview
What is The Buddhist Center Of New England Inc?
The Buddhist Center of New England Inc, situated in Providence, Rhode Island, serves as a sanctuary for the local Buddhist community. Its primary purpose is to facilitate worship and preserve cultural values. The center offers a temple and various related services, creating a welcoming environment for its members to connect, practice their faith, and uphold their cultural heritage.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 30% (Zero-Star out of Four Stars)
The Buddhist Center of New England Inc has received a low overall score of 30%, which translates to a Zero-Star rating. This rating primarily reflects significant weaknesses in accountability and financial transparency. Although the organization has a fully independent board and no material diversion of assets, it falls short in numerous key accountability areas, including missing policies and documentation.
Strengths of the organization include a fully independent board and a strong commitment to asset integrity. The board consists of seven independent members, and there are no indications of financial misconduct. However, the lack of essential governance policies and failure to provide required financial documentation on their website have adversely affected their rating.
Consequently, potential donors and stakeholders may want to exercise caution due to the organization's limited transparency and governance practices. Addressing these deficiencies could improve their rating significantly and enhance their overall credibility within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Buddhist Center Of New England Inc legitimate?
The Buddhist Center Of New England Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Buddhist Center Of New England Inc 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 The Buddhist Center Of New England Inc?
The Buddhist Center of New England Inc. is established with the mission to serve as a sanctuary for the local Buddhist community. It aims to provide a space where individuals can practice their faith and preserve their cultural values. The center features a temple and various related services, offering a conducive environment for worship and cultural preservation. By offering these facilities, the center seeks to foster a sense of unity and spiritual growth within the Buddhist community.
Who is the CEO of The Buddhist Center Of New England Inc?
Sochetta Yieng is the See Attached Schedule of The Buddhist Center Of New England Inc.
What is the revenue of The Buddhist Center Of New England Inc?
The Buddhist Center Of New England Inc's revenue in 2022 was $62,746.
Who are the executives of The Buddhist Center Of New England Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Buddhist Center Of New England Inc?
The Buddhist Center Of New England Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Buddhist Center Of New England Inc
The Buddhist Center of New England Inc is committed to establishing a sanctuary where members of the Buddhist community can gather to worship and preserve their cultural traditions. This mission is achieved through the construction of a temple and the provision of related services. The center serves as a vital hub for Buddhists, offering them a place to connect with their faith and uphold their cultural heritage. By providing a temple and associated facilities, the Buddhist Center of New England Inc fosters a sense of community among its members, enabling them to deepen their spiritual practices and maintain their cultural values.
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
August, 2024
The Buddhist Center of New England Inc provides a vital space for members of the Buddhist community to come together to worship and uphold their cultural values. Through its facilities, including a temple and related services, the center fosters a sense of community and spiritual connection among its members. By offering this space for worship and cultural preservation, the center plays a significant role in supporting the spiritual and communal well-being of the Buddhist community in Providence, RI.
This information is meant to be a general summary of The Buddhist Center Of New England Inc. 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.
- Investment Income: $21
- Gross Receipts: $62,746
Assets and Liabilities:
- Total Assets: $585,758
- Total Liabilities: $0
- Net Assets: $585,758
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1999
Principal Officer
Sochetta Yieng
Main Address
252 PUBLIC STREET, PROVIDENCE, RI, 02907
NTEE Category
Code: X50 - Religion related
If you are a representative of The Buddhist Center Of New England Inc 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.