Overview
What is Sunyata Meditation Association?
The Sunyata Meditation Association is a nonprofit organization committed to disseminating the Buddhist practice of meditation. They accomplish this by arranging educational classes, informative seminars, and publishing materials related to Buddhist meditation. Their mission encompasses religious education and worship, aiming to propagate the teachings of meditation within their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Star Rating)
The Sunyata Meditation Association has received a Two-Star rating from Charity Navigator, indicating a score of 67%. This rating reflects the organization's performance in accountability and finance, highlighting both strengths and weaknesses in its operational practices. While it has achieved a perfect score for having a majority of independent board members and material diversion of assets, there are significant areas needing improvement.
One of the organization's notable strengths is its financial health, with a favorable liabilities to assets ratio and program expense ratio. However, the rating also points to several critical shortcomings, including a lack of independent board size and absence of a conflict of interest policy. Additionally, the organization did not meet requirements for transparency, as indicated by missing website documentation and failure to post tax forms online.
Overall, while the Sunyata Meditation Association demonstrates some strong financial indicators, its low accountability scores raise concerns regarding governance and transparency practices. Addressing these issues could potentially improve its rating and enhance trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Sunyata Meditation Association legitimate?
Sunyata Meditation Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sunyata Meditation Association 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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What is the mission statement of Sunyata Meditation Association?
The Sunyata Meditation Association is dedicated to propagating the Buddhist philosophy of meditation. They accomplish this through the organization of instructional classes, seminars, and publication of materials related to Buddhist meditation. The association's activities aim to spread the teachings of Buddhist meditation, providing individuals with an opportunity to learn and practice this mindful practice. Their programs also encompass religious education and worship, furthering their mission to promote Buddhist meditation.
What is the revenue of Sunyata Meditation Association?
Sunyata Meditation Association's revenue in 2024 was $59,422.
Who are the executives of Sunyata Meditation Association and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Sunyata Meditation Association?
Sunyata Meditation Association's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Sunyata Meditation Association
The Sunyata Meditation Association, a nonprofit organization, is dedicated to propagating the Buddhist doctrine of meditation. They achieve this mission by organizing various educational initiatives, including classes and seminars, and by publishing materials on Buddhist meditation. This nonprofit's activities are centered around the spread of this ancient practice, aiming to provide individuals with a deeper understanding and experience of Buddhist teachings. The Sunyata Meditation Association's programs also encompass religious education and worship, further emphasizing their commitment to disseminating the principles of Buddhism.
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Impact
August, 2024
Sunyata Meditation Association has a significant impact in spreading the Buddhist teaching of meditation. Through organizing classes, seminars, and publications on Buddhist meditation, the organization is actively engaging individuals in religious education and worship. This dedication to sharing the practice of meditation contributes to personal growth and spiritual development among participants. The Association's efforts play a crucial role in promoting mindfulness, inner peace, and an understanding of Buddhist principles within the community.
This information is meant to be a general summary of Sunyata Meditation Association. 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 2024.
- Investment Income: $4
- Gross Receipts: $59,422
Assets and Liabilities:
- Total Assets: $650,748
- Total Liabilities: $0
- Net Assets: $650,748
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Organization Details
Founding Year
2011
Principal Officer
Dzung C Le
NTEE Category
Code: X50 - Religion related
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