Overview
What is The Burmese Buddhist Association?
The Burmese Buddhist Association is a nonprofit organization situated in Elmhurst, Illinois. Established for religious purposes, the association relies on donations to operate. Its primary function is to manage and maintain a monastery, ensuring the well-being of Buddhist monks by covering the facility's expenses with the collected funds. The organization is supported by its donors, who play a significant role in its operation.
Official website here: www.bba.us/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1-Star out of Four Stars (59%)
The Burmese Buddhist Association has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored 59%, with particular weaknesses noted in board independence and governance policies. Specifically, it lacks independent board members and has not established crucial policies such as conflict of interest, whistleblower, and document retention, which are critical for maintaining transparency and trust.
On a positive note, the organization shows a strong financial standing with a program expense ratio of 100%, suggesting that all of its expenses are directed towards its mission. Additionally, there are no material diversions of assets reported, and the organization does provide access to its tax forms on its website, demonstrating some level of accountability.
However, the absence of independent oversight and essential governance policies raises red flags for potential donors and stakeholders. Without improvements in these areas, the Burmese Buddhist Association may struggle to gain the trust and confidence needed for sustainable support and growth.
This AI summary has been generated from information found on Charity Navigator.
Is The Burmese Buddhist Association legitimate?
The Burmese Buddhist Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Burmese Buddhist 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.
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For more financial information, click here
Official website here: www.bba.us/
What is the mission statement of The Burmese Buddhist Association?
The Burmese Buddhist Association was established with a religious focus. Primarily funded by donors, its primary function is to manage and distribute these funds to cover the maintenance expenses of a monastery and the general needs of Buddhist monks. The organization's mission is centered around supporting the religious community, ensuring the proper upkeep of the monastery and meeting the essential needs of the Buddhist monks. This support includes various daily expenses related to the monastery's operation.
Official website here: www.bba.us/
Who is the CEO of The Burmese Buddhist Association?
Kyaw Htin is the President of The Burmese Buddhist Association.
Official website here: www.bba.us/
What is the revenue of The Burmese Buddhist Association?
The Burmese Buddhist Association's revenue in 2022 was $70,936.
Official website here: www.bba.us/
Who are the executives of The Burmese Buddhist Association and what are their salaries?
There 21 volunteers at The Burmese Buddhist Association.
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Official website here: www.bba.us/
Where can I find the form 990 for The Burmese Buddhist Association?
The Burmese Buddhist Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bba.us/
Learn more at the official website: www.bba.us/
Mission Statement of The Burmese Buddhist Association
The Burmese Buddhist Association, a nonprofit organization, was established with a religious focus. Primarily funded by its donors, this organization's primary mission is to manage and maintain the expenses of a monastery, providing for the essential needs of the Buddhist monks under its care. The association's activities are centered around distributing the collected donations towards the upkeep of the monastery and covering its general expenses.
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Impact
August, 2024
The Burmese Buddhist Association impacts the community by providing a place of worship and practice for individuals interested in the teachings of Buddhism. Through its establishment, the organization allows for the maintenance of a monastery and general expenses for Buddhist monks, creating a space for spiritual growth and connection. The donations received by the association go towards supporting the facilities and activities that enable individuals to engage in religious practices and deepen their understanding of Buddhism. In this way, The Burmese Buddhist Association plays a vital role in fostering a sense of community and spiritual development among its members.
This information is meant to be a general summary of The Burmese Buddhist 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 2022.
- Investment Income: $212
- Gross Receipts: $70,936
Assets and Liabilities:
- Total Assets: $130,414
- Total Liabilities: $0
- Net Assets: $130,414
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Organization Details
Founding Year
1985
Principal Officer
Kyaw Htin
Main Address
15 W 110 Forest Ln, Elmhurst, IL, 60126
Website
www.bba.us/NTEE Category
Code: X50 - Religion related
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