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84000

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

EIN: 454302237 ✦ Boulder, CO ✦ Designated as a 501(c)(3)

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Overview

What is 84000?

84000 is a nonprofit organization situated in Boulder, Colorado. Their primary mission is to translate the sacred Buddhist texts known as the Kangyur from Tibetan into English and make these translations readily available to the public. They believe in the importance of making the Buddha's teachings accessible to everyone, without any charges. With a team of 11 dedicated individuals, 84000 has already commissioned numerous translations and has made them available through their online reading room. The organization's ultimate goal is to translate all of the Buddha's words into modern languages, ensuring that his teachings reach a global audience.


Official website here: www.84000.co

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Stars)

84000 has earned a Four-Star rating from Charity Navigator, reflecting strong performance in accountability and finance. The organization scores particularly well in various categories, including having an independent board composed of 83% independent members and a solid program expense ratio of 85.95%. These metrics indicate a commitment to transparency and effective financial management.

While the organization demonstrates robust oversight with effective financial statements and no material diversion of assets, there are some areas for improvement. Notably, the nonprofit lacks a whistleblower policy and has not distributed its tax form to the board before filing, which could raise concerns about governance practices.

Overall, 84000 shows a strong financial foundation and operational integrity, but addressing the noted limitations could further enhance its accountability and stakeholder trust.


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

Is 84000 legitimate?

84000 is a legitimate nonprofit organization registered as a 501(c)(3) entity. 84000 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: $76,007
Professional Fundraising Fees: $0
Other Salaries and Wages: $564,634

For more financial information, click here


Official website here: www.84000.co

What is the mission statement of 84000?

The organization 84000 is dedicated to a mission of translating the entirety of the Buddha's teachings into modern languages. Their goal is to make these translations accessible to everyone worldwide, free of charge. They have undertaken commissioning translations of Tibetan Kangyur texts into English and have made these translations available through their online reading room.


Official website here: www.84000.co

Who is the CEO of 84000?

Jing Rui Huang is the Corporate President/ Board Member of 84000.


Official website here: www.84000.co

What is the revenue of 84000?

84000's revenue in 2022 was $2,692,925.


Official website here: www.84000.co

Who are the executives of 84000 and what are their salaries?

The average compensation at 84000 during 2022 was $58,240. There are 11 employees and 50 volunteers at 84000.


Here are 7 key members and their salaries:


Dzongsar Jamyang Khyentse Rinpoche (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Louise Mcclintock (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Pema Kunsang (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Aitken (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ivy Ang (Secretary/Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jing Rui Huang (Corporate President/ Board Member)
  • Compensation: $72,407
  • Related: $0
  • Other: $0
Marco Noailles (Corporate Treasurer)
  • Compensation: $3,600
  • Related: $0
  • Other: $0


Official website here: www.84000.co

Where can I find the form 990 for 84000?

84000's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.84000.co

Learn more at the official website: www.84000.co

Mission Statement of 84000

84000, a nonprofit organization, is committed to an inspirational mission: translating the entirety of the Buddha's teachings into contemporary languages and making them widely accessible, free of charge. Its primary objective is to ensure that these profound wisdoms are not confined to ancient texts but are brought to life in modern languages, reaching a global audience. The organization has taken significant steps towards this goal, commissioning translations of Tibetan Kangyur texts into English and publishing these translations in their online reading room. This pioneering work allows individuals worldwide to engage with the Buddha's teachings, fostering a deeper understanding of spirituality and wisdom in diverse linguistic communities.

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Impact




July, 2024

84000's impact lies in its mission to translate the words of the Buddha into modern languages and make them freely available to everyone. By commissioning translations of Tibetan Kangyur texts into English and publishing them online, the organization is preserving and disseminating important spiritual teachings that have the potential to benefit countless individuals worldwide. This initiative has the power to facilitate greater accessibility and understanding of Buddhist teachings, contributing to the preservation and promotion of this ancient wisdom for present and future generations.




This information is meant to be a general summary of 84000. 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
$2,692,925 (2022)
Expenses
$2,657,790 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $163,911
  • Gross Receipts: $8,548,421

Assets and Liabilities:

  • Total Assets: $11,811,547
  • Total Liabilities: $0
  • Net Assets: $11,811,547

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Organization Details

Founding Year

2012

Principal Officer

Jing Rui Huang

Main Address

CO AH LLC 1345 SPRUCE ST 2ND FL, BOULDER, CO, 80302

NTEE Category

Code: X80 - Religion related

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