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Pho Mon Buddhist Temple Of Siouxland

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 421447851 ✦ Sioux city, IA ✦ Designated as a 501(c)(3)

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Overview

What is Pho Mon Buddhist Temple Of Siouxland?

Pho Mon Buddhist Temple of Siouxland is a nonprofit organization based in Sioux City, Iowa. Located at 723 Myrtle Street, this temple serves as a religious center for its members and the broader community, upholding Buddhist beliefs. Their primary mission is to provide religious services, preserving and promoting traditional Buddhism and Vietnamese culture. They celebrate significant events, such as the Vietnamese New Year, by hosting ceremonies like the traditional New Year's Eve celebration, New Year's reading of the sutra, and the dragon dance on the first day of the new year. The temple extends its services beyond its members, reaching out to individuals in and around the Siouxland area.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 31%

Pho Mon Buddhist Temple of Siouxland has received a low rating of 31%, which translates to a Zero-Star out of Four Star rating. This score indicates significant weaknesses in its accountability and financial practices, particularly the absence of independent board members, which raises concerns about governance and oversight.

The temple does have some positive aspects, such as having listed policies for conflict of interest, whistleblower protections, and document retention. However, the lack of transparency is evident, with a missing website listed on its tax form and no board meeting minutes available. These deficiencies highlight a need for improvement in communication and organizational structure.

Additionally, the absence of a program expense ratio signals potential issues with how resources are allocated towards mission-driven activities. The organization has not demonstrated sufficient accountability in its financial practices, which may impact donor confidence and the temple's overall effectiveness.


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

Is Pho Mon Buddhist Temple Of Siouxland legitimate?

Pho Mon Buddhist Temple Of Siouxland is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pho Mon Buddhist Temple Of Siouxland 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: $6,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Pho Mon Buddhist Temple Of Siouxland?

The Pho Mon Buddhist Temple of Siouxland serves a religious purpose, providing services to its members and individuals beyond the Siouxland area. The temple is committed to preserving Buddhism and Vietnamese culture. During the Vietnamese New Year, they celebrate the traditional New Year's Eve, read sutras on the first day of the new year, and perform the dragon dance. Their mission can be summarized as offering religious services and maintaining the traditions of Buddhism while upholding Vietnamese culture.

Who is the CEO of Pho Mon Buddhist Temple Of Siouxland?

Thinh T Nguyen is the President of Pho Mon Buddhist Temple Of Siouxland.

What is the revenue of Pho Mon Buddhist Temple Of Siouxland?

Pho Mon Buddhist Temple Of Siouxland's revenue in 2022 was $46,832.

Who are the executives of Pho Mon Buddhist Temple Of Siouxland and what are their salaries?


Here are 3 key members and their salaries:


Thinh T Nguyen (President)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Le T Khanh (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nga T Doan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pho Mon Buddhist Temple Of Siouxland?

Pho Mon Buddhist Temple Of Siouxland's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Pho Mon Buddhist Temple Of Siouxland

Pho Mon Buddhist Temple of Siouxland operates with a dual purpose. Primarily, it provides religious services to its members and extends these offerings to individuals residing beyond the Siouxland area. Secondly, the temple is committed to preserving the traditional Buddhism and Vietnamese culture. It achieves this by offering religious ceremonies and events that uphold these traditions.

During significant occasions, such as the Vietnamese New Year, Pho Mon Buddhist Temple of Siouxland comes alive with traditional celebrations. The temple marks this occasion with traditional New Year's Eve and New Year's Day rituals, which include reading sacred texts and performing the captivating dragon dance. This blend of religious and cultural activities allows the temple to serve as a beacon that unites its members and the broader community in the rich tapestry of Vietnamese heritage.

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Impact




August, 2024

Pho Mon Buddhist Temple Of Siouxland plays a significant role in providing religious services and upholding the tradition of Buddhism in the Sioux City area. They actively engage in cultural celebrations such as the Vietnamese New Year, where they celebrate traditional customs like reading sutras and performing the dragon dance. Through their mission to provide religious services to members and individuals both within and outside of Siouxland, the temple serves as a vital hub for the Buddhist community and helps maintain the rich Vietnamese culture.




This information is meant to be a general summary of Pho Mon Buddhist Temple Of Siouxland. 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.

Revenue
$46,832 (2022)
Expenses
$61,534 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $199
  • Gross Receipts: $46,832

Assets and Liabilities:

  • Total Assets: $696,590
  • Total Liabilities: $0
  • Net Assets: $696,590

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Organization Details

Founding Year

1993

Principal Officer

Thinh T Nguyen

Main Address

723 MYRTLE ST, SIOUX CITY, IA, 51103

NTEE Category

Code: X99Z - Religion related

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