Overview
What is De Yu Spiritual Cultivation Institute?
De Yu Spiritual Cultivation Institute is a nonprofit organization residing in Houston, Texas, with the postal address 15919 Ridge Park Dr. Established with the mission to foster "Peace, Equality, and Universal Brotherhood," the institute carries out this purpose by studying the scriptures of five major religions, practicing Confucian teachings, and participating in community-benefitting activities. The organization conducts weekly study groups, attracting approximately 20 individuals, and has expanded its reach to California in 2019 and New Jersey in 2021. The primary focus of De Yu Spiritual Cultivation Institute is to promote unity and harmony among people.
Official website here: www.deyusci.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 55% (One-Star out of Four Stars)
The De Yu Spiritual Cultivation Institute has received a low rating of 55%, reflecting concerns in its accountability and financial practices. Key issues include a lack of independent board members, with 0% of the board being independent, which raises questions about governance. Additionally, the organization has not provided necessary financial statements, resulting in a significant deduction in their score.
While the institute does have some strengths, such as a low liabilities to assets ratio of 0.04% and a relatively high program expense ratio of 64.44%, it falls short in key areas of transparency and governance. The absence of a document retention and destruction policy, as well as missing financial documents on their website, further diminish their credibility.
Overall, while the De Yu Spiritual Cultivation Institute appears to be engaging in some meaningful programmatic work, the lack of oversight and transparency is a significant limitation that potential donors and supporters should consider.
This AI summary has been generated from information found on Charity Navigator.
Is De Yu Spiritual Cultivation Institute legitimate?
De Yu Spiritual Cultivation Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. De Yu Spiritual Cultivation Institute 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
Official website here: www.deyusci.com
What is the mission statement of De Yu Spiritual Cultivation Institute?
The De Yu Spiritual Cultivation Institute is dedicated to promoting peace, equality, and universal brotherhood. They achieve this by studying the scriptures of five major religions, practicing Confucian teachings, and participating in community-benefiting activities. To further their mission, the institute established a branch in California in 2019 and expanded to New Jersey in 2021. Each week, they hold study groups to delve deeper into the meanings of their beliefs and the principles of the main religions. In 2022, they also initiated small group studies on site, with approximately 20 individuals participating.
Official website here: www.deyusci.com
Who is the CEO of De Yu Spiritual Cultivation Institute?
Sanh Trang is the President of De Yu Spiritual Cultivation Institute.
Official website here: www.deyusci.com
What is the revenue of De Yu Spiritual Cultivation Institute?
De Yu Spiritual Cultivation Institute's revenue in 2022 was $807,603.
Official website here: www.deyusci.com
Who are the executives of De Yu Spiritual Cultivation Institute and what are their salaries?
There 12 volunteers at De Yu Spiritual Cultivation Institute.
Here are 9 key members and their salaries:
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Official website here: www.deyusci.com
Where can I find the form 990 for De Yu Spiritual Cultivation Institute?
De Yu Spiritual Cultivation Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.deyusci.com
Learn more at the official website: www.deyusci.com
Mission Statement of De Yu Spiritual Cultivation Institute
De Yu Spiritual Cultivation Institute, a nonprofit organization, is dedicated to fostering peace, equality, and universal brotherhood. To achieve this mission, the institute delves into the scriptures of five major religions and practices Confucian teachings. Additionally, it engages in community-benefitting activities. In 2019, De Yu expanded its reach by establishing a branch in California, and in 2021, it further broadened its scope by expanding to New Jersey. Each week, De Yu organizes study groups to delve deeper into the concepts of the Three Worlds and the main religions, attracting around 20 participants. In 2022, the institute also introduced on-site small group studies to facilitate more in-depth learning.
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Impact
July, 2024
De Yu Spiritual Cultivation Institute's impact lies in promoting peace, equality, and universal brotherhood through the study of five main religions' scriptures, the practice of Confucian teachings, and community-benefiting activities. The institute has successfully expanded its reach with branches in California and New Jersey, in addition to its presence in Houston, Texas. Through weekly study groups and small group studies, De Yu Spiritual Cultivation Institute engages around 20 individuals each week in exploring the profound teachings of the Three Worlds and major religions. This impact is fostering a deeper understanding of spirituality, interfaith harmony, and cultural appreciation among participants, contributing to a more cohesive and enlightened community.
This information is meant to be a general summary of De Yu Spiritual Cultivation Institute. 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.
- Investment Income: $9,176
- Gross Receipts: $807,603
Assets and Liabilities:
- Total Assets: $10,713,338
- Total Liabilities: $152,092
- Net Assets: $10,561,246
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Organization Details
Founding Year
2013
Phone
(281) 858-1028Principal Officer
Sanh Trang
Main Address
15919 RIDGE PARK DR, HOUSTON, TX, 77095
Website
www.deyusci.comNTEE Category
Code: A23 - Arts
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