Overview
What is Ratanapanya Meditation Center?
The Ratanapanya Meditation Center, located at 34550 Orange Street, Wildomar, CA 92595, is a nonprofit organization dedicated to serving the community. Their primary mission is to provide regular religious services to the general public, fostering an understanding of Buddhism through various means. This includes lectures, seminars, study groups, classes, and other appropriate methods. As of their records, they have served approximately 150 individuals in the community, demonstrating their commitment to sharing and promoting Buddhist teachings.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Stars
The Ratanapanya Meditation Center has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and finance practices. The overall score of 53% is derived solely from its accountability metrics, highlighting areas where the organization falls short, particularly in governance and transparency.
Key strengths include a strong program expense ratio of 100%, suggesting that all funds are allocated directly to its programs. Additionally, the center has a solid liabilities to assets ratio at 22.81%, reflecting a manageable level of debt relative to its assets. However, the absence of independent board members and missing policies—such as conflict of interest and whistleblower policies—raises red flags about its governance structure.
The organization also faces criticism for failing to maintain a transparent online presence, with missing documentation such as its website link on tax forms and an absence of posted financial documents. These gaps in accountability measures could potentially affect donor trust and the center's overall effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Ratanapanya Meditation Center legitimate?
Ratanapanya Meditation Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ratanapanya Meditation Center 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 Ratanapanya Meditation Center?
The Ratanapanya Meditation Center's mission is centered around serving the general public and providing regular religious services. Additionally, they dedicate themselves to educating individuals about Buddhism through various means such as lectures, seminars, study groups, classes, and appropriate initiatives. Their primary goal is to spread the teachings and practices of Buddhism to their worshippers, approximating around 150 individuals in the community.
Who is the CEO of Ratanapanya Meditation Center?
Ven Thanom Jaibunruang is the President of Ratanapanya Meditation Center.
What is the revenue of Ratanapanya Meditation Center?
Ratanapanya Meditation Center's revenue in 2022 was $161,570.
Who are the executives of Ratanapanya Meditation Center and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ratanapanya Meditation Center?
Ratanapanya Meditation Center's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ratanapanya Meditation Center
Ratanapanya Meditation Center, a nonprofit organization, is dedicated to providing regular religious services and educating the general public about Buddhism. They achieve this through various means such as lectures, seminars, study groups, classes, and other appropriate methods. The center's primary mission is to serve as a spiritual hub, offering worshippers an opportunity to practice and deepen their understanding of Buddhism. Approximately 150 individuals in the community have benefited from their services.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Ratanapanya Meditation Center plays a significant role in its community by offering regular religious services and educational programs focused on Buddhism. Through lectures, seminars, and study groups, the center provides an accessible platform for individuals seeking to deepen their understanding of Buddhist teachings. Approximately 150 individuals have benefitted from these services, fostering a sense of community and belonging.
The center's activities not only serve the spiritual needs of worshippers but also promote cultural awareness and appreciation for the arts as they relate to Buddhist practices. By encouraging meditation and mindfulness, Ratanapanya contributes to the well-being of its community members, helping them cultivate inner peace and resilience in their daily lives. Overall, its impact is evident in the personal growth experienced by individuals and the collective enrichment of the community in Wildomar, CA.
This information is meant to be a general summary of Ratanapanya Meditation Center. 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.
- Investment Income: $6
- Gross Receipts: $161,570
Assets and Liabilities:
- Total Assets: $1,478,295
- Total Liabilities: $307,656
- Net Assets: $1,170,639
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2003
Phone
(951) 245-1399Principal Officer
Ven Thanom Jaibunruang
Main Address
34550 ORANGE STREET, WILDOMAR, CA, 925958944
NTEE Category
Code: A23 - Arts
If you are a representative of Ratanapanya Meditation Center and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.