Overview
What is Tue Quang Buddhist Temple Inc?
Tue Quang Buddhist Temple Inc is a nonprofit organization, established for religious, charitable, and educational purposes. It operates under the Internal Revenue Code section 501(c)(3), or its future equivalent. The organization's mission involves distributing funds to other qualified exempt organizations. While the specific activities and services provided by Tue Quang Buddhist Temple Inc are not detailed in the information, it is primarily focused on religious, charitable, and educational initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 23%
Tue Quang Buddhist Temple Inc has received a low score of 23%, resulting in a Zero-Star out of Four Star rating. This rating highlights significant concerns related to the organization's accountability and financial practices. While they have a fully independent board, other areas such as board size, website transparency, and lack of essential policies like conflict of interest and whistleblower protections are notably deficient.
Strengths of the organization include a majority of independent board members and proper documentation of board meeting minutes. However, these strengths are overshadowed by critical weaknesses in financial management and transparency, including a poor program expense ratio and failure to maintain necessary financial documentation on their website.
Overall, the low rating from Charity Navigator indicates that potential donors should exercise caution. The lack of accountability practices and financial oversight raises important questions about the organization's ability to effectively manage resources and fulfill its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Tue Quang Buddhist Temple Inc legitimate?
Tue Quang Buddhist Temple Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tue Quang Buddhist Temple 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: $12,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Tue Quang Buddhist Temple Inc?
Tue Quang Buddhist Temple Inc is established with a mission to serve religious, charitable, and educational purposes. The organization focuses on distributing funds to organizations that fall under Section 501(c)(3) of the Internal Revenue Code or its corresponding section in any future federal tax code. This means that Tue Quang Buddhist Temple Inc is dedicated to supporting causes that are classified as exempt organizations, contributing to the betterment of society through religious, charitable, and educational activities.
Who is the CEO of Tue Quang Buddhist Temple Inc?
Anh Do is the President/Religious Leader of Tue Quang Buddhist Temple Inc.
What is the revenue of Tue Quang Buddhist Temple Inc?
Tue Quang Buddhist Temple Inc's revenue in 2022 was $166,067.
Who are the executives of Tue Quang Buddhist Temple Inc and what are their salaries?
There 10 volunteers at Tue Quang Buddhist Temple Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $12,900
- Other: $0
Where can I find the form 990 for Tue Quang Buddhist Temple Inc?
Tue Quang Buddhist Temple Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tue Quang Buddhist Temple Inc
Tue Quang Buddhist Temple Inc is an organization with a multifaceted mission, primarily focused on religious, charitable, and educational pursuits. It is established to distribute funds to other organizations that fall under the category of exempt organizations, as described under Section 501(c)(3) of the Internal Revenue Code, or any future corresponding section. The organization's purpose is to contribute to these sectors in various ways, embracing the spirit of religious devotion, community service, and knowledge enhancement. By supporting exempt organizations, Tue Quang Buddhist Temple Inc extends its reach and influence, contributing to a broader spectrum of beneficiaries and causes.
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Impact
October, 2024
Tue Quang Buddhist Temple Inc has a significant impact on the community through its commitment to religious, charitable, and educational initiatives. By serving as a place of worship and spiritual guidance, it fosters a sense of belonging and community among its members and visitors. The temple provides a space for religious practices that promote peace, mindfulness, and compassion, reinforcing the values of the Buddhist faith.
In addition to spiritual support, the temple engages in charitable activities that benefit the broader community. Through donations and distributions to other qualified organizations, it plays a vital role in addressing various social needs, contributing to the welfare of those in need and supporting educational programs that promote growth and understanding.
Overall, Tue Quang Buddhist Temple Inc enhances the social fabric of Beaumont, TX, by encouraging community cohesion and a culture of giving while also nurturing the spiritual development of its members. Its efforts not only promote religious observance but also foster a spirit of generosity and support for those less fortunate.
This information is meant to be a general summary of Tue Quang Buddhist Temple 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: $166,067
Assets and Liabilities:
- Total Assets: $480,531
- Total Liabilities: $0
- Net Assets: $480,531
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Organization Details
Founding Year
2014
Phone
(409) 989-8522Principal Officer
Anh Do
Main Address
990 DELMAR DR, BEAUMONT, TX, 77707
NTEE Category
Code: X50 - Religion related
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