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Wat Buddharam Of North Carolina

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

EIN: 561593113 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is Wat Buddharam Of North Carolina?

Wat Buddharam Of North Carolina is a nonprofit organization that serves to preserve and promote the culture of the Laotian community. Their primary focus is on organizing religious and cultural events at their facility, aiming to foster a sense of community and cultural identity among its members. Through these activities, they strive to uphold the traditions and values of the Laotian people.


Official website here: www.none

What are the reviews and ratings of this charity?

Charity Navigator Rating: 16%

Wat Buddharam Of North Carolina has received a low rating of 16%, categorizing it with a Zero-Star out of Four Star rating. This score reflects significant concerns related to transparency and governance. Notably, the organization lacks independent board members, which raises questions about its oversight and accountability. This absence of independent governance features prominently in the rating's assessment, contributing to its overall low score.

The organization has some positive attributes, such as the absence of any material diversion of assets and the presence of documented board meeting minutes. However, it falls short in essential areas like having a conflict of interest policy, whistleblower policy, and documented procedures for document retention and destruction. These deficiencies in governance practices limit the organization's credibility and potential effectiveness.

Additionally, Wat Buddharam Of North Carolina has a very low program expense ratio at 0.08%, indicating that a minimal portion of its resources is allocated towards its programs. This raises concerns about the organization's operational efficiency and its commitment to fulfilling its mission. Overall, the organization faces significant challenges in improving its governance and financial practices to enhance its standing and impact within the community.


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

Is Wat Buddharam Of North Carolina legitimate?

Wat Buddharam Of North Carolina is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wat Buddharam Of North Carolina 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.none

What is the mission statement of Wat Buddharam Of North Carolina?

The mission of Wat Buddharam Of North Carolina, in essence, is centered around preserving the Laotian culture. They achieve this by organizing and hosting a variety of religious and cultural events at their facility. These activities serve to celebrate and promote the rich heritage of the Laotian community, fostering a sense of unity and pride among its members. By hosting these events, the organization plays a significant role in maintaining and strengthening the cultural identity of the Laotian community.


Official website here: www.none

Who is the CEO of Wat Buddharam Of North Carolina?

Airrick Itthiphol is the President of Wat Buddharam Of North Carolina.


Official website here: www.none

What is the revenue of Wat Buddharam Of North Carolina?

Wat Buddharam Of North Carolina's revenue in 2022 was $132,406.


Official website here: www.none

Who are the executives of Wat Buddharam Of North Carolina and what are their salaries?


Here are 3 key members and their salaries:


Airrick Itthiphol (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meck (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oupalavanh (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.none

Where can I find the form 990 for Wat Buddharam Of North Carolina?

Wat Buddharam Of North Carolina's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.none

Learn more at the official website: www.none

Mission Statement of Wat Buddharam Of North Carolina

Wat Buddharam of North Carolina is committed to preserving the cultural heritage of the Laotian community. They achieve this by hosting a variety of religious and cultural activities at their facility. Through these events, they aim to foster a sense of unity and tradition among their community members. The organization regularly organizes religious ceremonies and cultural events, providing opportunities for individuals to connect with their roots and celebrate their shared culture. By hosting these activities, Wat Buddharam of North Carolina plays an important role in maintaining the cultural identity of the Laotian community.

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Impact




October, 2024

Wat Buddharam of North Carolina plays a crucial role in preserving and promoting the cultural heritage of the Laotian community in Charlotte. By hosting a variety of religious and cultural activities, the temple creates a vibrant space where traditions can be celebrated and passed on to future generations. This establishment serves as a cultural hub, fostering a sense of community among Laotian individuals and families while also inviting others to engage and learn about their rich heritage.

The activities at Wat Buddharam are not only significant for cultural preservation but also for spiritual nourishment, providing a place for worship, meditation, and communal gatherings. Through events that encompass rituals, arts, and community engagement, it strengthens ties among participants and encourages cultural exchange. Overall, Wat Buddharam serves as a vital link for the Laotian community in North Carolina, promoting understanding and appreciation of their unique cultural identity within a diverse society.




This information is meant to be a general summary of Wat Buddharam Of North Carolina. 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
$132,406 (2022)
Expenses
$106,876 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $132,406

Assets and Liabilities:

  • Total Assets: $667,097
  • Total Liabilities: $0
  • Net Assets: $667,097

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Organization Details

Founding Year

1988

Principal Officer

Airrick Itthiphol

Main Address

1824 TODDVILLE ROAD, CHARLOTTE, NC, 28214

Website

www.none

NTEE Category

Code: A230 - Arts

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