Overview
What is Buddhist Association Of Dharma Sources?
The Buddhist Association of Dharma Sources is a nonprofit organization committed to fostering a deeper appreciation of Buddhism in the United States. Their primary objective is to support American Buddhist temples and spread knowledge about this religion. To accomplish this mission, they provide a range of programs, aiming to increase understanding and awareness among individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33% (Zero-Star out of Four Star rating)
The Buddhist Association Of Dharma Sources received a low score of 33% from Charity Navigator, indicating significant concerns regarding its accountability and financial management practices. While the organization enjoys a perfect score for having a majority independent board and a small board size, critical areas such as documented policies and financial transparency are lacking, which severely impacts its overall rating.
Strengths include a fully independent board of directors and a clean record regarding the material diversion of assets. However, the absence of essential policies like conflict of interest, whistleblower, and document retention significantly detracts from the organization’s reliability and governance standards. These deficiencies suggest potential vulnerabilities in the management of donor funds and organizational integrity.
Additionally, the program expense ratio stands at only 31.52%, which raises questions about the allocation of resources towards its mission. The lack of a publicly accessible website further compounds transparency issues, as required tax forms and other essential documents are not readily available to stakeholders. Overall, the Buddhist Association Of Dharma Sources faces notable challenges that could hinder its effectiveness and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Buddhist Association Of Dharma Sources legitimate?
Buddhist Association Of Dharma Sources is a legitimate nonprofit organization registered as a 501(c)(3) entity. Buddhist Association Of Dharma Sources 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 Buddhist Association Of Dharma Sources?
The Buddhist Association of Dharma Sources is dedicated to fostering an understanding and awareness of Buddhism. They accomplish this mission by supporting American Buddhist temples and providing various programs to promote the religion. The association's activities aim to cultivate a deeper appreciation and knowledge of Buddhism, thereby contributing to its broader acceptance and understanding within society.
Who is the CEO of Buddhist Association Of Dharma Sources?
Chuen Yueng is the Principal Officer of Buddhist Association Of Dharma Sources.
What is the revenue of Buddhist Association Of Dharma Sources?
Buddhist Association Of Dharma Sources's revenue in 2022 was $37,810.
Who are the executives of Buddhist Association Of Dharma Sources and what are their salaries?
There 4 volunteers at Buddhist Association Of Dharma Sources.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Buddhist Association Of Dharma Sources?
Buddhist Association Of Dharma Sources's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Buddhist Association Of Dharma Sources
The Buddhist Association of Dharma Sources is dedicated to fostering an appreciation for Buddhism. This nonprofit organization plays a pivotal role in supporting American Buddhist temples, aiming to enhance public understanding and awareness of this religious tradition. To fulfill its mission, Buddhist Association of Dharma Sources provides a variety of programs. These initiatives aim to promote Buddhism and encourage engagement with the religion, thereby strengthening its presence and impact within American communities.
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Impact
August, 2024
The Buddhist Association of Dharma Sources cultivates awareness of Buddhism and supports American Buddhist temples to promote understanding and awareness of the religion. They offer various programs to fulfill their mission. Their impact can be seen in the increased awareness and understanding of Buddhism among individuals in the American Buddhist community. Through their activities and programs, they contribute to fostering a deeper connection with the teachings of Buddhism and support the growth of Buddhist temples in the United States. This organization plays a significant role in spreading the principles and practices of Buddhism, ultimately creating a more informed and engaged Buddhist community in America.
This information is meant to be a general summary of Buddhist Association Of Dharma Sources. 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: $12,010
- Gross Receipts: $37,810
Assets and Liabilities:
- Total Assets: $660,732
- Total Liabilities: $0
- Net Assets: $660,732
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Organization Details
Founding Year
2003
Phone
(678) 360-5123Principal Officer
Chuen Yueng
Main Address
5950 MAGNOLIA MILL CT, NORCROSS, GA, 30093
NTEE Category
Code: X50 - Religion related
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