Overview
What is Khmer Buddhist Humanitarian Association Inc?
The Khmer Buddhist Humanitarian Association Inc, based in Philadelphia, Pennsylvania, is a nonprofit organization committed to fostering Buddhism. Their mission encompasses establishing, developing, and promoting all aspects of this religion. The association is dedicated to spreading the Buddhist teachings, contributing positively to the community and, presumably, providing support and resources for individuals interested in Buddhism. The exact activities and initiatives of the organization beyond spreading the Buddhist gospel are not explicitly stated in the provided information.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 37% (Zero-Star out of Four Star rating)
The Khmer Buddhist Humanitarian Association Inc has received a low rating of 37%, placing it in the Zero-Star category due to significant deficiencies in accountability and financial transparency. While the organization benefits from full independence among its board members, its financial statements are unavailable, leading to a poor score in that area. The lack of a listed website on its tax form and missing tax documents on its website further contribute to the overall lack of transparency.
Despite certain strengths, such as having a conflict of interest policy and whistleblower protection in place, the organization's financial management raises concerns. The liabilities to assets ratio is notably high at 8.36%, and the program expense ratio is just 40.18%, indicating that a limited portion of expenditures is directed towards programs. Without clear financial disclosures, potential donors may find it challenging to assess the effectiveness and financial health of the organization.
In summary, while the Khmer Buddhist Humanitarian Association Inc demonstrates some organizational strengths, the lack of adequate financial reporting and transparency poses significant limitations. Prospective supporters should consider these factors carefully before engaging with the nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Khmer Buddhist Humanitarian Association Inc legitimate?
Khmer Buddhist Humanitarian Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Khmer Buddhist Humanitarian Association 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 Khmer Buddhist Humanitarian Association Inc?
The Khmer Buddhist Humanitarian Association Inc is committed to spreading the teachings of Buddhism. To achieve this, they focus on establishing, developing, and promoting all facets of Buddhism. Their mission encompasses various aspects of Buddhism, aiming to spread its message far and wide. The organization's activities are centered around fostering a deeper understanding and appreciation of Buddhism.
Who is the CEO of Khmer Buddhist Humanitarian Association Inc?
Victor Sakyamuni is the Chair Man of Khmer Buddhist Humanitarian Association Inc.
What is the revenue of Khmer Buddhist Humanitarian Association Inc?
Khmer Buddhist Humanitarian Association Inc's revenue in 2020 was $1,080,927.
Who are the executives of Khmer Buddhist Humanitarian Association Inc and what are their salaries?
Where can I find the form 990 for Khmer Buddhist Humanitarian Association Inc?
Khmer Buddhist Humanitarian Association Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Khmer Buddhist Humanitarian Association Inc
The Khmer Buddhist Humanitarian Association Inc is committed to spreading the teachings of Buddhism. This nonprofit organization endeavors to achieve this goal by establishing, developing, and promoting various aspects of Buddhism. Through its efforts, it aims to share the fundamentals of this spiritual practice with a wider audience.
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Impact
July, 2024
The Khmer Buddhist Humanitarian Association Inc's impact is focused on spreading the teachings and values of Buddhism in Philadelphia, PA. Through their activities, they are dedicated to establishing, developing, and promoting all aspects of Buddhism within the community. Their mission emphasizes the importance of spreading the gospel and promoting the principles of Buddhism to benefit individuals and society as a whole. By engaging in these efforts, the organization plays a significant role in positively impacting the spiritual and moral well-being of the community.
This information is meant to be a general summary of Khmer Buddhist Humanitarian Association 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 2020.
- Investment Income: $491
- Program Service Revenue: $1,080,436
- Gross Receipts: $1,080,927
Assets and Liabilities:
- Total Assets: $5,651,249
- Total Liabilities: $585,271
- Net Assets: $5,065,978
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Organization Details
Phone
(215) 336-9547Principal Officer
Victor Sakyamuni
Main Address
2400 S 6TH STREET, PHILADELPHIA, PA, 19148
NTEE Category
Code: X50 - Religion related
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