Overview
What is Wat Lao Santitham?
Wat Lao Santitham is a Buddhist temple situated at an undisclosed location. Its primary function is to serve as a spiritual sanctuary, providing regular worship services, funeral ceremonies, and special religious events. Adhering to the teachings of Buddha, the temple aims to propagate Buddhism and its principles. It serves as a community hub for individuals seeking spiritual guidance and solace.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Wat Lao Santitham has received an impressive Four-Star rating from Charity Navigator, reflecting its exceptional performance in accountability and finance. With a perfect score in several key areas, including an entirely independent board and a strong commitment to ethical financial practices, the organization demonstrates a high level of transparency and governance.
The nonprofit's financial health is indicated by its 100% program expense ratio, signifying that all funds are allocated toward its mission rather than administrative costs. Additionally, the absence of material asset diversion and a comprehensive set of policies, such as whistleblower and conflict of interest policies, further underscores its commitment to responsible stewardship of resources.
While the data highlights numerous strengths, it is important for potential donors and stakeholders to consider the organization's overall impact and effectiveness in fulfilling its mission alongside these financial metrics. Overall, Wat Lao Santitham stands out as a well-managed nonprofit with a clear focus on accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Wat Lao Santitham legitimate?
Wat Lao Santitham is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wat Lao Santitham 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.
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What is the mission statement of Wat Lao Santitham?
Wat Lao Santitham, as a Buddhist temple, adheres to the principles of Buddhism and serves as a hub for various religious activities. It provides regular worship services, conducts funeral rituals, and hosts special religious events. The temple's primary mission is to propagate the teachings of Buddha, aiming to spread spiritual wisdom and guidance to its followers. The temple's activities are centered around fostering a spiritual community and promoting the tenets of Buddhism.
Who is the CEO of Wat Lao Santitham?
Buasay Keobounhom is the President of Wat Lao Santitham.
What is the revenue of Wat Lao Santitham?
Wat Lao Santitham's revenue in 2022 was $73,860.
Who are the executives of Wat Lao Santitham and what are their salaries?
There 40 volunteers at Wat Lao Santitham.
Here are 11 key members and their salaries:
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Where can I find the form 990 for Wat Lao Santitham?
Wat Lao Santitham's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wat Lao Santitham
Wat Lao Santitham, as a Buddhist temple, fulfills a mission by serving as a platform for various religious activities. It provides routine worshipping services, funeral ceremonies, and hosts special religious events, all in accordance with Buddhist teachings. The temple's primary goal is to propagate the teachings of Buddha by following its principles. By offering these programs, Wat Lao Santitham strives to contribute to the spiritual growth and well-being of its community.
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Impact
August, 2024
Wat Lao Santitham, also known as Wat Budda Samakiham, has a significant impact in the community as a Buddhist Temple in Fort Smith, Arkansas. Through its routine worshiping sessions, funeral services, and special religious events, the temple serves as a hub for practicing and sharing the teachings of Buddhism. By embodying the principles of Buddhism, Wat Lao Santitham plays a vital role in spreading awareness and understanding of the teachings of Buddha among its members and the surrounding community. Its presence fosters a sense of spiritual connection and community among those who are seeking guidance and solace in the teachings of Buddhism.
This information is meant to be a general summary of Wat Lao Santitham. 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: $73,860
Assets and Liabilities:
- Total Assets: $624,425
- Total Liabilities: $23,533
- Net Assets: $600,892
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Organization Details
Founding Year
1989
Principal Officer
Buasay Keobounhom
Main Address
4625 ARMOUR ST, FORT SMITH, AR, 72904
NTEE Category
Code: X50 - Religion related
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