Overview
What is Land Of Medicine Buddha Inc?
Land of Medicine Buddha Inc, located in Soquel, California, is a nonprofit organization dedicated to the transmission of Buddhism in the Mahayana tradition. They offer both secular and Buddhist courses and retreats, although due to the pandemic, they transitioned to virtual classes. Financial challenges led to a temporary closure from January to May 2022, followed by a phased reopening with in-person classes and visits. Despite the virtual setup, they continued to provide various services to 859 individuals throughout the year. The center's mission is to serve as a hub for spiritual growth and learning, offering a range of educational and retreat opportunities.
Official website here: www.landofmedicinebuddha.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Land Of Medicine Buddha Inc has received an overall score of 81%, which translates to a Three-Star rating, indicating a solid performance in terms of accountability and finance. This rating is based entirely on their accountability metrics, showcasing the organization’s commitment to transparency and fiscal responsibility.
One of the key strengths of Land Of Medicine Buddha Inc is its governance structure, with a majority of 57% independent board members, ensuring diverse perspectives in decision-making. The organization exhibits a strong financial health with a low liabilities to assets ratio of 26.86% and a high program expense ratio of 76.30%, indicating that a significant portion of its resources is directed toward its mission.
However, while the organization performs well in accountability and finance, this rating is based solely on that aspect, and further insights into program effectiveness and impact could provide a more comprehensive evaluation of its overall performance. Thus, potential donors and stakeholders may want to consider additional factors beyond financial metrics when assessing the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Land Of Medicine Buddha Inc legitimate?
Land Of Medicine Buddha Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Land Of Medicine Buddha Inc 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: $42,517
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.landofmedicinebuddha.org
What is the mission statement of Land Of Medicine Buddha Inc?
Land of Medicine Buddha Inc. is committed to propagating Buddhism in the Mahayana tradition. As a center, it provides both secular and Buddhist courses and retreats, aiming to transmit Buddhist teachings. Due to the pandemic, the center initially offered virtual classes, and later, in a phased manner, resumed in-person activities, while still maintaining some virtual classes until September. Despite financial challenges, the center closed temporarily from January to May 2022 and then reopened, serving 859 individuals during the year with various services.
Official website here: www.landofmedicinebuddha.org
Who is the CEO of Land Of Medicine Buddha Inc?
Breige Walbridge is the President of Land Of Medicine Buddha Inc.
Official website here: www.landofmedicinebuddha.org
What is the revenue of Land Of Medicine Buddha Inc?
Land Of Medicine Buddha Inc's revenue in 2022 was $883,416.
Official website here: www.landofmedicinebuddha.org
Who are the executives of Land Of Medicine Buddha Inc and what are their salaries?
The average compensation at Land Of Medicine Buddha Inc during 2022 was $2,362. There are 18 employees and 36 volunteers at Land Of Medicine Buddha Inc.
Here are 7 key members and their salaries:
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- Compensation: $29,016
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- Compensation: $2,355
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- Compensation: $11,146
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Official website here: www.landofmedicinebuddha.org
Where can I find the form 990 for Land Of Medicine Buddha Inc?
Land Of Medicine Buddha Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.landofmedicinebuddha.org
Learn more at the official website: www.landofmedicinebuddha.org
Mission Statement of Land Of Medicine Buddha Inc
Land of Medicine Buddha Inc is a center devoted to the transmission of Buddhism in the Mahayana tradition. Its mission is to share and spread Buddhist teachings and principles, offering both secular and spiritual courses and retreats. Despite the pandemic, the center transitioned its classes to a virtual format. Financial challenges led to its temporary closure from January to May 2022, followed by a phased reopening that included in-person visits and classes, with virtual offerings continuing until September. During this period, the center welcomed 859 individuals, providing a variety of services.
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Impact
July, 2024
Land Of Medicine Buddha Inc has a significant impact on the community by providing both secular and Buddhist courses and retreats. Despite facing challenges during the pandemic, the organization adapted by offering virtual classes and eventually reopening its center for visitors and in-person classes. Throughout the year, 859 individuals benefited from the services and teachings provided by Land Of Medicine Buddha Inc. This direct engagement with the community has helped spread the teachings of Buddhism in the Mahayana tradition and fostered personal growth and spiritual development among participants.
This information is meant to be a general summary of Land Of Medicine Buddha Inc. 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: $2,342
- Program Service Revenue: $181,471
- Gross Receipts: $940,519
Assets and Liabilities:
- Total Assets: $3,501,912
- Total Liabilities: $961,685
- Net Assets: $2,540,227
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$181,471
Organization Details
Founding Year
1992
Phone
(831) 462-8383Principal Officer
Breige Walbridge
Main Address
5800 PRESCOTT ROAD, SOQUEL, CA, 95073
Website
www.landofmedicinebuddha.orgNTEE Category
Code: Z99Z - Unknown
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