Overview
What is Mahamevnawa Meditation Center Of Greater Washington Dc?
The Mahamevnawa Meditation Center of Greater Washington D.C. is a nonprofit organization situated in Rockville, Maryland. Its primary mission is to foster and promote the teachings of the Supreme Gautama Buddha. Through their activities, they aim to help both members and the general public purify their minds, ultimately leading to the realization of Nirvana, a state of true and unbound liberation of the self. The center conducts sermons to enhance the understanding and knowledge of Buddhist teachings, contributing to spiritual development. The center's US address is located at 5004 Stone Road, Rockville, MD 20853.
Official website here: www.buddhameditationdc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Mahamevnawa Meditation Center of Greater Washington DC has achieved a commendable Four-Star rating from Charity Navigator, indicating a high level of transparency and financial health. The organization's overall score is derived from a perfect Accountability & Finance score of 95%, demonstrating their commitment to ethical practices and financial management.
Strengths highlighted include a fully independent board, with 16 members, which signifies a robust governance structure. The center has also demonstrated no material diversion of assets and maintains comprehensive policies for conflict of interest, whistleblowing, and document retention. With a program expense ratio of 86.17%, the majority of their expenditures directly support their mission.
However, while the center shows strong financial management, a liabilities to assets ratio of 52.86% indicates that they carry a moderate level of liabilities compared to their assets. This could suggest a need for vigilance in managing debt levels in the future. Overall, the center is positioned well within the nonprofit sector, especially in terms of accountability and program effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Mahamevnawa Meditation Center Of Greater Washington Dc legitimate?
Mahamevnawa Meditation Center Of Greater Washington Dc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mahamevnawa Meditation Center Of Greater Washington Dc 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.buddhameditationdc.org
What is the mission statement of Mahamevnawa Meditation Center Of Greater Washington Dc?
The Mahamevnawa Meditation Center of Greater Washington D.C. is dedicated to propagating the teachings of Supreme Gautama Buddha. Their mission is to facilitate spiritual growth by providing members and the public with opportunities to purify their minds and strive towards the attainment of Nirvana, the ultimate liberation of the self. They conduct sermons to enhance knowledge and comprehension of Buddhist teachings, aiming to foster a deeper understanding of these philosophies.
Official website here: www.buddhameditationdc.org
Who is the CEO of Mahamevnawa Meditation Center Of Greater Washington Dc?
Nadeeka Randunu is the President / Trustee of Mahamevnawa Meditation Center Of Greater Washington Dc.
Official website here: www.buddhameditationdc.org
What is the revenue of Mahamevnawa Meditation Center Of Greater Washington Dc?
Mahamevnawa Meditation Center Of Greater Washington Dc's revenue in 2022 was $67,666.
Official website here: www.buddhameditationdc.org
Who are the executives of Mahamevnawa Meditation Center Of Greater Washington Dc and what are their salaries?
There 150 volunteers at Mahamevnawa Meditation Center Of Greater Washington Dc.
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Official website here: www.buddhameditationdc.org
Where can I find the form 990 for Mahamevnawa Meditation Center Of Greater Washington Dc?
Mahamevnawa Meditation Center Of Greater Washington Dc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.buddhameditationdc.org
Learn more at the official website: www.buddhameditationdc.org
Mission Statement of Mahamevnawa Meditation Center Of Greater Washington Dc
Mahamevnawa Meditation Center of Greater Washington D.C. is committed to preserving and propagating the teachings of Supreme Gautama Buddha. Its mission is twofold: firstly, it aims to assist its members and the general public in purifying their minds and ultimately achieving the liberation of the self, known as Nirvana. Secondly, the center conducts sermons to enhance the understanding and knowledge of Buddhist teachings. Through its spiritual activities, Mahamevnawa Meditation Center of Greater Washington D.C. strives to foster personal growth and self-realization, contributing to the broader community by promoting the enlightening principles of Buddhism.
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Impact
August, 2024
The Mahamevnawa Meditation Center Of Greater Washington DC has a significant impact on fostering spiritual development through the teachings of the Supreme Gautama Buddha. By providing guidance and support, the center has helped members and the general public purify their minds and work towards the ultimate goal of realizing Nirvana - the true and unbound liberation of the self. Through conducted sermons and teachings, the center enhances knowledge and understanding of Buddhist teachings, contributing to personal growth and inner peace within the community.
This information is meant to be a general summary of Mahamevnawa Meditation Center Of Greater Washington Dc. 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: $67,666
Assets and Liabilities:
- Total Assets: $512,358
- Total Liabilities: $270,880
- Net Assets: $241,478
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Organization Details
Founding Year
2011
Phone
(301) 570-1573Principal Officer
Nadeeka Randunu
Main Address
5004 Stone Road, Rockville, MD, 20853
Website
www.buddhameditationdc.orgNTEE Category
Code: X50 - Religion related
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