Duc Vien Buddhist Community Pagoda

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

EIN: 770066920 ✦ San jose, CA ✦ Designated as a 501(c)(3)

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Overview

What is Duc Vien Buddhist Community Pagoda?

Duc Vien Buddhist Community Pagoda is a nonprofit organization situated in San Jose, California, specifically at 2420 McLaughlin Avenue, 95121. The primary objective of this organization is to establish a Buddhist temple for the public and propagate Buddhist teachings. Throughout the year, the temple conducts various religious ceremonies, including annual events, weddings, and funerals. It also provides classes for religious study, meditation, and the Vietnamese language, primarily focusing on children. In addition to its religious activities, the temple offers mediation services to the public.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 50%, One-Star out of Four Stars

The Duc Vien Buddhist Community Pagoda has received a low rating of 50%, which reflects significant concerns regarding its accountability and financial management. The organization has no independent board members and fails to provide essential financial statements, which are crucial for transparency. Missing policies regarding conflict of interest, whistleblowing, and document retention further exacerbate these issues.

Despite these shortcomings, the organization has a relatively high program expense ratio of 81.01%, indicating that a substantial portion of its resources is directed towards its programs. This suggests that the organization is focused on its mission to some extent, even though the governance and financial oversight mechanisms are lacking.

Overall, while the Duc Vien Buddhist Community Pagoda demonstrates commitment to its programs, the absence of independent governance and transparency measures raises red flags for potential donors and supporters. Addressing these issues would be essential for improving its rating and building trust within the community.


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

Is Duc Vien Buddhist Community Pagoda legitimate?

Duc Vien Buddhist Community Pagoda is a legitimate nonprofit organization registered as a 501(c)(3) entity. Duc Vien Buddhist Community Pagoda 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 Duc Vien Buddhist Community Pagoda?

The Duc Vien Buddhist Community Pagoda, in its mission, aims to establish a Buddhist temple for the public and propagate Buddha's teachings. One of its primary objectives is to provide meditation services to the community. Beyond religious ceremonies and studies, the temple also offers Vietnamese language classes for children, fostering cultural education alongside spiritual growth.

Who is the CEO of Duc Vien Buddhist Community Pagoda?

Nhat Dam is the President of Duc Vien Buddhist Community Pagoda.

What is the revenue of Duc Vien Buddhist Community Pagoda?

Duc Vien Buddhist Community Pagoda's revenue in 2022 was $1,157,942.

Who are the executives of Duc Vien Buddhist Community Pagoda and what are their salaries?


Here are 3 key members and their salaries:


Nhat Dam (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ngan Pham (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim-Ngan Hoang (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Duc Vien Buddhist Community Pagoda?

Duc Vien Buddhist Community Pagoda's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Duc Vien Buddhist Community Pagoda

Duc Vien Buddhist Community Pagoda, established with the purpose of spreading Buddhist teachings, has a mission to serve the public. The organization aims to establish a Buddhist temple that serves as a hub for religious activities and provides a platform for the propagation of Buddha's teachings. In addition to this, Duc Vien Buddhist Community Pagoda offers meditation services to the public, acting as a resource for individuals seeking inner peace and spiritual guidance.

Beyond religious activities, the pagoda is involved in community service. It conducts classes for the study of Buddhism, meditation, and the Vietnamese language, specifically catering to children. This educational aspect of the pagoda's mission aims to foster a deeper understanding of Buddhist principles among the younger generation and preserve the Vietnamese language and culture.

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Impact




July, 2024

Duc Vien Buddhist Community Pagoda has made a significant impact by providing a place for the public to participate in Buddhist ceremonies and events, such as weddings, funerals, and religious celebrations. Additionally, the temple offers classes for religious study, meditation, and Vietnamese language instruction for children. Through these activities, Duc Vien Buddhist Community Pagoda plays a crucial role in propagating Buddhist teachings and providing mediation services to the community in San Jose, CA.




This information is meant to be a general summary of Duc Vien Buddhist Community Pagoda. 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
$1,157,942 (2022)
Expenses
$1,250,146 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,056
  • Program Service Revenue: $41,245
  • Gross Receipts: $1,157,942

Assets and Liabilities:

  • Total Assets: $11,300,140
  • Total Liabilities: $895,632
  • Net Assets: $10,404,508

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

VIETNAMESE SCHOOL

Revenue

$41,245

Organization Details

Principal Officer

Nhat Dam

Main Address

2420 MC LAUGHLIN AVE, SAN JOSE, CA, 95121

NTEE Category

Code: X50 - Religion related

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