Overview
What is San Francisco Falun Buddha Study Association?
The San Francisco Falun Buddha Study Association is a nonprofit organization situated in San Jose, California. Their primary objective is to promote and uphold universal principles such as truthfulness, compassion, and tolerance. They achieve this goal through diverse activities, including the study and practice of Falun Dafa (Falun Gong), exercise sessions, and experience-sharing events. Moreover, they also organize various spiritual, cultural, and artistic events that reflect traditional Chinese art and values. Their mission is to foster these principles, contributing to a harmonious and enlightened community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The San Francisco Falun Buddha Study Association has received a two-star rating from Charity Navigator, indicating that there are significant areas for improvement within the organization. With an overall score of 68%, the charity demonstrates strengths in financial oversight, as evidenced by its perfect scores in audit and oversight committee practices and conflict of interest policies. Additionally, the organization maintains a high program expense ratio, suggesting that a significant portion of its expenses is directed towards its mission-related activities.
However, the evaluation also highlights some limitations. The board lacks independent members, which raises concerns about governance, as only two independent members are present in a potentially larger board. Furthermore, the absence of a whistleblower policy poses a risk to transparency and accountability. The liabilities to assets ratio is notably high at 93.21%, indicating potential financial instability that could affect the charity's operations.
In summary, while the San Francisco Falun Buddha Study Association shows a commitment to its programs and financial responsibility, improvements in governance and financial health are necessary to enhance its overall effectiveness and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is San Francisco Falun Buddha Study Association legitimate?
San Francisco Falun Buddha Study Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. San Francisco Falun Buddha Study 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
For more financial information, click here
What is the mission statement of San Francisco Falun Buddha Study Association?
The San Francisco Falun Buddha Study Association is dedicated to promoting universal principles and values such as truthfulness, compassion, and tolerance. They achieve this through various activities including the study of Falun Dafa (also known as Falun Gong), exercises, experience sharing sessions, and relevant spiritual, cultural, and artistic events. The association's mission extends beyond these activities, as it also organizes shows that reflect traditional Chinese art and values, embodying the universal principles of truthfulness, compassion, and tolerance.
Who is the CEO of San Francisco Falun Buddha Study Association?
Feng Wang is the President of San Francisco Falun Buddha Study Association.
What is the revenue of San Francisco Falun Buddha Study Association?
San Francisco Falun Buddha Study Association's revenue in 2022 was $4,174,161.
Who are the executives of San Francisco Falun Buddha Study Association and what are their salaries?
There 50 volunteers at San Francisco Falun Buddha Study Association.
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 San Francisco Falun Buddha Study Association?
San Francisco Falun Buddha Study Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of San Francisco Falun Buddha Study Association
The San Francisco Falun Buddha Study Association aims to promote universal principles and values such as truthfulness, compassion, and tolerance. They achieve this goal through various means, including the study and practice of Falun Dafa (Falun Gong), exercise sessions, and experience sharing activities. Additionally, the organization hosts a variety of spiritual, cultural, and artistic events that reflect these core values.
One of the ways the San Francisco Falun Buddha Study Association fosters these principles is by providing the ancient classical Chinese dance show, Shen Yun Performing Arts, to a wide audience. These performances not only showcase traditional Chinese art and values but also embody the universal principles of truthfulness, compassion, and tolerance. By offering these events, the organization seeks to enrich the lives of those who attend and inspire them to embrace these values in their own lives.
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
July, 2024
The impact of the San Francisco Falun Buddha Study Association can be seen in its proactive efforts to promote the universal principles and values of "truthfulness, compassion, and tolerance" through various activities such as Falun Dafa studies, exercises, and experience sharing sessions. Additionally, by organizing spiritual, cultural, and artistic events, including the presentation of traditional Chinese dancing shows like Shen Yun Performing Arts, the association is showcasing the rich heritage of Chinese art and values to a wide audience. Through these initiatives, the San Francisco Falun Buddha Study Association is playing a vital role in spreading awareness of fundamental principles that are relevant and beneficial to individuals of all backgrounds.
This information is meant to be a general summary of San Francisco Falun Buddha Study 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.
- Program Service Revenue: $4,013,805
- Gross Receipts: $4,174,161
Assets and Liabilities:
- Total Assets: $6,282,774
- Total Liabilities: $5,856,542
- Net Assets: $426,232
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$4,013,805
Organization Details
Founding Year
2011
Principal Officer
Feng Wang
Main Address
1928 OTOOLE WAY, SAN JOSE, CA, 95131
NTEE Category
Code: X50 - Religion related
If you are a representative of San Francisco Falun Buddha Study Association 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.