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Arakan American Buddhist Inc

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

EIN: 831587667 ✦ Buffalo, NY ✦ Designated as a 501(c)(3)

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Overview

What is Arakan American Buddhist Inc?

Arakan American Buddhist Inc, located in Buffalo, New York, is a nonprofit organization with a focus on Buddhist religious practices and community engagement. Their primary mission involves operating a temple and monastery, as well as organizing fundraising activities. The organization's work is centered around promoting Buddhist beliefs and fostering spiritual growth within the community. While details about specific programs or services offered were not provided in the information, it's clear that Arakan American Buddhist Inc plays an essential role in the Buddhist community in Buffalo.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 0%

Arakan American Buddhist Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and transparency. The organization earned a mere 10% overall score, primarily due to a complete lack of independent board members and missing essential governance policies, such as those for conflict of interest and whistleblower protections. This low score highlights critical weaknesses in its operational oversight.

The charity did not report any material diversion of assets, which is a positive aspect, indicating that there are no apparent misappropriations of funds. However, the absence of a clear program expense ratio suggests that the organization may not effectively allocate resources towards its mission-driven activities. Furthermore, the charity's website is not linked on its tax form, which complicates access to important information for potential donors and stakeholders.

Overall, the lack of essential governance practices and transparency raises concerns about the organization's ability to operate effectively and maintain donor trust. Potential supporters should exercise caution and seek further information regarding the operational aspects before contributing to the organization.


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

Is Arakan American Buddhist Inc legitimate?

Arakan American Buddhist Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arakan American Buddhist Inc submitted a form 990EZ, 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.

What is the mission statement of Arakan American Buddhist Inc?

Arakan American Buddhist, being a nonprofit organization, is dedicated to promoting Buddhist practices. Their primary mission involves operating a temple and monastery, as well as engaging in fundraising activities and religious events. The organization's work is centered around these religious activities.

Who is the CEO of Arakan American Buddhist Inc?

San Da is the President of Arakan American Buddhist Inc.

What is the revenue of Arakan American Buddhist Inc?

Arakan American Buddhist Inc's revenue in 2022 was $53,106.

Who are the executives of Arakan American Buddhist Inc and what are their salaries?


There is 1 key member and their salary:


San Da (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Arakan American Buddhist Inc?

Arakan American Buddhist Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Arakan American Buddhist Inc

Arakan American Buddhist, a nonprofit organization, is dedicated to spreading Buddhist teachings and practices. Located in Buffalo, NY, its primary mission is twofold: to establish and maintain a Buddhist temple and monastery, and to engage in fundraising and religious activities. This organization plays a significant role in the Buddhist community, providing a place of worship and spiritual guidance for its followers. The religious activities undertaken by Arakan American Buddhist contribute to the preservation and propagation of Buddhist beliefs and values among its members, fostering a sense of unity and spiritual growth.

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Impact




August, 2024

Arakan American Buddhist Inc's impact lies in fostering a sense of community and providing a spiritual sanctuary for practicing Buddhists in Buffalo, NY. Through its Buddhist temple and monastery, the organization offers opportunities for individuals to deepen their religious understanding and cultivate mindfulness. Additionally, its fundraising activities support the maintenance and growth of the temple, ensuring that future generations can benefit from its services. Overall, Arakan American Buddhist Inc plays a vital role in preserving and promoting Buddhist teachings and practices within the local community.




This information is meant to be a general summary of Arakan American Buddhist 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.

Revenue
$53,106 (2022)
Expenses
$52,083 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $53,106

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Principal Officer

San Da

Main Address

2128 Kenmore Avenue, Buffalo, NY, 14207

NTEE Category

Code: X50 - Religion related

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