Overview
What is America Tong Xin Inc?
America Tong Xin Inc is a nonprofit organization situated in Flushing, New York, dedicated to the promotion and spread of Buddhism. They engage in intellectual exchanges with other religious organizations, providing explanations and teachings about Buddhism. The organization actively seeks to attract new members, conducts religious ceremonies, and solicits funds for religious purposes. Their primary mission revolves around spreading the teachings of Buddhism and fostering connections with other religious communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 61% (Two-Star out of Four Stars)
America Tong Xin Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance. The overall score is derived solely from its Accountability & Finance beacon, which assesses financial health and governance practices. The charity scored particularly well in areas such as having a fully independent board and no material diversion of assets, showcasing strong governance and fiscal responsibility.
However, the organization has notable weaknesses in its financial metrics, particularly the liabilities to assets ratio, which significantly impacts its overall score. While the program expense ratio is commendable at 100%, reflecting that all funds are directed towards its mission, the high liabilities indicate potential financial risk or reliance on debt. This could be a concern for donors seeking stability and sustainability in their contributions.
Overall, America Tong Xin Inc demonstrates solid accountability practices but faces challenges in financial health that potential supporters should consider. The organization’s commitment to transparency and independent governance is a positive aspect, but addressing its financial liabilities will be crucial for its long-term viability.
This AI summary has been generated from information found on Charity Navigator.
Is America Tong Xin Inc legitimate?
America Tong Xin Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. America Tong Xin 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of America Tong Xin Inc?
America Tong Xin Inc is dedicated to promoting Buddhism and fostering dialogue with other religious organizations. They aim to educate and spread the teachings of Buddhism, attracting new members in the process. The organization conducts religious ceremonies and solicits funds for religious purposes, considering this as one of their programs. In essence, America Tong Xin Inc serves to spread the religion of Buddhism while engaging with other religious bodies, offering explanations and teachings, and fostering a community of followers.
Who is the CEO of America Tong Xin Inc?
Xiang Yu is the Principal Officer of America Tong Xin Inc.
What is the revenue of America Tong Xin Inc?
America Tong Xin Inc's revenue in 2022 was $2,000.
Who are the executives of America Tong Xin Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for America Tong Xin Inc?
America Tong Xin Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of America Tong Xin Inc
America Tong Xin Inc, a nonprofit organization, is dedicated to the promotion and propagation of Buddhism. It seeks to engage in dialogues with other religious organizations, fostering an exchange of ideas and perspectives. One of its primary objectives is to educate and explain the tenets of Buddhism, attracting individuals who share an interest in this religion. The organization conducts religious ceremonies and solicits funds for religious purposes, contributing to the overall growth and development of the Buddhist community. By engaging in these activities, America Tong Xin Inc aims to not only deepen the understanding of Buddhism but also to foster a sense of community among its members.
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Impact
August, 2024
America Tong Xin Inc has a significant impact in promoting the religion of Buddhism and fostering dialogue with other religious organizations. Through their activities of explaining and teaching Buddhism, attracting members, performing religious ceremonies, and soliciting funds for religious purposes, they play a crucial role in advancing Buddhist teachings and practices within their community. Additionally, their efforts in soliciting funds contribute to supporting their religious programs and initiatives. The organization's presence in Flushing, NY, underscores their commitment to fulfilling their mission of promoting Buddhism and engaging in interfaith dialogue.
This information is meant to be a general summary of America Tong Xin 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.
- Gross Receipts: $2,000
Assets and Liabilities:
- Total Assets: $12,631
- Total Liabilities: $4,915
- Net Assets: $7,716
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Organization Details
Phone
(646) 691-5899Principal Officer
Xiang Yu
Main Address
5807 134TH ST FL 2, FLUSHING, NY, 11355
NTEE Category
Code: X50 - Religion related
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