Overview
What is Ananda Meditation Society Inc?
Ananda Meditation Society Inc is a nonprofit organization, dedicated solely to religious purposes. Established with a mission to promote Buddhism meditation practices, the society operates to spread the teachings of this spiritual practice. Although the information provided is limited, it clearly indicates that the organization is committed to fostering and propagating Buddhism meditation techniques. The specific activities or initiatives undertaken by the society are not specified in the provided data.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0%
Ananda Meditation Society Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored only 10% overall, reflecting a lack of independent board members and several missing policies that are essential for governance and transparency. The absence of a whistleblower policy and conflict of interest policy raises red flags about the organization's commitment to ethical practices.
The society has reported no material diversion of assets, which is a positive note, scoring 10 out of 10 in that category. However, the organization struggles with other financial ratios, such as a program expense ratio of just 18.89%, suggesting a minimal investment in its core mission-related programs. Additionally, a liabilities to assets ratio of 44.88% indicates potential financial instability.
Overall, the low scores and missing documentation highlight critical weaknesses in Ananda Meditation Society Inc's operational practices. Prospective donors and supporters should exercise caution and consider these factors when evaluating the organization's effectiveness and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Ananda Meditation Society Inc legitimate?
Ananda Meditation Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ananda Meditation Society Inc 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 Ananda Meditation Society Inc?
The Ananda Meditation Society Inc. is established with a religious purpose, specifically to propagate Buddhism meditation practices. Its mission is to foster and promote these meditation practices, serving as a platform for individuals seeking spiritual growth through Buddhism. The society does not provide specific details about its activities or methods, but its primary objective is to cultivate an environment for Buddhist meditation practices.
Who is the CEO of Ananda Meditation Society Inc?
Khippapano Kim Trieu is the President of Ananda Meditation Society Inc.
What is the revenue of Ananda Meditation Society Inc?
Ananda Meditation Society Inc's revenue in 2022 was $74,254.
Who are the executives of Ananda Meditation Society Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ananda Meditation Society Inc?
Ananda Meditation Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ananda Meditation Society Inc
Ananda Meditation Society Inc is established with a sole objective of operating for religious purposes. Its mission is centered around promoting Buddhism meditation practices. This organization is dedicated to spreading the teachings and practices of Buddhism, specifically in the realm of meditation. By doing so, it contributes to the spiritual growth and well-being of individuals who engage in these practices. The society operates with the intent of fostering a deeper understanding and connection with Buddhism, thereby enriching the lives of those who follow this faith.
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Impact
August, 2024
Ananda Meditation Society Inc's impact is centered on promoting Buddhism meditation practices through religious activities. Their mission is dedicated to fostering spiritual growth and providing individuals with the tools to enhance their meditation practice. By organizing exclusively for religious purposes, Ananda Meditation Society Inc aims to create a supportive community that guides individuals on their spiritual journey. Through their activities and teachings, they contribute to the dissemination of Buddhist principles and practices for the betterment of individuals seeking spiritual enlightenment and inner peace.
This information is meant to be a general summary of Ananda Meditation Society Inc. 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.
- Gross Receipts: $74,254
Assets and Liabilities:
- Total Assets: $1,079,583
- Total Liabilities: $486,271
- Net Assets: $593,312
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Organization Details
Founding Year
2011
Phone
(714) 231-8218Principal Officer
Khippapano Kim Trieu
Main Address
1661 W CERRITOS AVENUE, ANAHEIM, CA, 92802
NTEE Category
Code: X99 - Religion related
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