Wat Mongkolratanaram

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

EIN: 592140316 ✦ Tampa, FL ✦ Designated as a 501(c)(3)

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Overview

What is Wat Mongkolratanaram?

Wat Mongkolratanaram is a significant institution in Tampa, Florida, functioning as both a Thai Buddhist Temple and a church. The temple is committed to serving its members through regular church services and an after-school program. Additionally, it organizes various church functions to enhance the community's spiritual well-being. Beyond religious activities, Wat Mongkolratanaram also extends its support to the local community, particularly through its after-school program.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82%, Three-Star out of Four Star Rating

Wat Mongkolratanaram has earned an 82% score from Charity Navigator, reflecting a strong performance in accountability and finance. This rating is based entirely on a single beacon score, indicating effective governance and financial health. The organization scored high in all evaluated areas, including having a fully independent board and no material diversion of assets.

The charity boasts a strong independent board composition, scoring full points for having 100% independent members. Their fiscal responsibility is demonstrated by a Liabilities to Assets Ratio of 0.00%, ensuring that they have no outstanding debts. Furthermore, 100% of their expenses are dedicated to their programs, showcasing their commitment to effective use of resources.

Despite these strengths, it is essential to acknowledge that the rating is based solely on financial metrics and governance. Potential donors may want to look at the impact of the organization’s programs to gain a fuller picture of its effectiveness. Overall, Wat Mongkolratanaram demonstrates solid financial practices and governance, making it a reliable choice for support.


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

Is Wat Mongkolratanaram legitimate?

Wat Mongkolratanaram is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wat Mongkolratanaram 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

What is the mission statement of Wat Mongkolratanaram?

Wat Mongkolratanaram functions as a Thai Buddhist temple and a church, providing regular religious services to its members. Beyond religious activities, the temple also operates an after-school program and organizes various church functions for the benefit of its community. The temple's mission, in essence, is to serve as a spiritual sanctuary, offering religious guidance and support to its followers while also providing educational and social programs for its members.

What is the revenue of Wat Mongkolratanaram?

Wat Mongkolratanaram's revenue in 2023 was $818,177.

Who are the executives of Wat Mongkolratanaram and what are their salaries?

Here are 7 key members and their salaries:


Thana Chintanam (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Boonmee Khronghorm (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Somsak Sakmanalit (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Somkhid Suaka (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Narumon Tharninthra (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suphachai Thongsa (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Preecha Yirum (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Wat Mongkolratanaram?

Wat Mongkolratanaram's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Wat Mongkolratanaram

Wat Mongkolratanaram, a Thai Buddhist Temple and church, fulfills a multifaceted mission. As a religious institution, it provides regular church services to its members, fostering spiritual growth and community among its followers. Beyond religious activities, Wat Mongkolratanaram extends its mission to include an after school program. This initiative aims to support the community's children, providing them with a safe and enriching environment outside of school hours. The temple also hosts various church functions, catering to the diverse needs and interests of its members. Overall, Wat Mongkolratanaram serves as a hub for spiritual, educational, and social activities, cultivating a sense of unity and belonging within its Thai Buddhist and church community.

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Impact




July, 2024

Wat Mongkolratanaram's impact can be seen through its role as a spiritual and community center for Thai Buddhists in Tampa, FL. By providing regular church services, hosting various functions, and operating an after-school program, the temple plays a vital role in nurturing the religious and cultural heritage of its members. Additionally, Wat Mongkolratanaram serves as a place for spiritual growth, community building, and the preservation of Thai Buddhist traditions in the area. Its presence contributes to the diversity and richness of the religious landscape in Tampa.




This information is meant to be a general summary of Wat Mongkolratanaram. 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
$818,177 (2023)
Expenses
$959,136 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $66
  • Gross Receipts: $818,177

Assets and Liabilities:

  • Total Assets: $3,597,133
  • Total Liabilities: $0
  • Net Assets: $3,597,133

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Organization Details

Founding Year

1981

Principal Officer

Preecha Yirum

NTEE Category

Code: X50 - Religion related

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