Overview
What is Rangjung Yeshe Institue Foundation Inc?
Rangjung Yeshe Institute Foundation Inc is a nonprofit organization situated at 39 Main Street 8, Northampton, Massachusetts 01060. Its primary mission is to offer financial aid for specific projects aimed at fostering the growth and development of the institution and its affiliates worldwide. The organization is dedicated to promoting and supporting Buddhist educational and religious activities on a global scale, including those affiliated with Rangjung Yeshe Institute (RYI). To achieve this, the foundation may conduct or sponsor various educational and religious programs and events as per their scheduled plan.
Official website here: www.ryi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
Rangjung Yeshe Institute Foundation Inc has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 84% based exclusively on its Accountability & Finance metrics. The fiscal year 2023 showed the organization’s commitment to financial transparency and responsible management, with a notable program expense ratio of 90.23%. This indicates that a significant majority of its resources are directed towards its mission-driven programs.
The organization showcases strong governance, boasting 100% independent board members and a well-functioning audit and oversight committee. Additionally, the absence of material diversion of assets suggests a high level of integrity in financial management. These strengths contribute positively to the foundation's reputation and effectiveness.
However, there are areas for improvement, particularly in the development of key policies such as a conflict of interest policy and a whistleblower policy, both of which are currently missing. Addressing these gaps would enhance the foundation's accountability and strengthen stakeholder confidence in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Rangjung Yeshe Institue Foundation Inc legitimate?
Rangjung Yeshe Institue Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rangjung Yeshe Institue Foundation 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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Official website here: www.ryi.org
What is the mission statement of Rangjung Yeshe Institue Foundation Inc?
The mission of Rangjung Yeshe Institue Foundation Inc. is centered around conducting and supporting Buddhist educational and religious activities globally, encompassing those of Rangjung Yeshe Institute (RYI) as well. The organization's primary objective is to provide financial assistance for specific projects, thereby facilitating the growth and further development of the institute and its affiliates. This support aims to enhance the reach and impact of their Buddhist educational and religious activities worldwide.
Official website here: www.ryi.org
Who is the CEO of Rangjung Yeshe Institue Foundation Inc?
Roger Hodgson is the President of Rangjung Yeshe Institue Foundation Inc.
Official website here: www.ryi.org
What is the revenue of Rangjung Yeshe Institue Foundation Inc?
Rangjung Yeshe Institue Foundation Inc's revenue in 2022 was $1,440,735.
Official website here: www.ryi.org
Who are the executives of Rangjung Yeshe Institue Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
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Official website here: www.ryi.org
Where can I find the form 990 for Rangjung Yeshe Institue Foundation Inc?
Rangjung Yeshe Institue Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ryi.org
Learn more at the official website: www.ryi.org
Mission Statement of Rangjung Yeshe Institue Foundation Inc
The Rangjung Yeshe Institute Foundation Inc is committed to carrying out and sponsoring Buddhist educational and spiritual activities on a global scale, with a particular focus on the initiatives of Rangjung Yeshe Institute (RYI). The organization's primary purpose is to offer financial assistance for specific projects that will aid in the growth and advancement of the institution and its affiliates. Through these endeavors, Rangjung Yeshe Institute Foundation Inc aims to contribute to the expansion and development of Buddhist education and religious activities worldwide.
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Impact
July, 2024
Rangjung Yeshe Institute Foundation Inc's impact lies in providing financial assistance for specific projects that help the institute and its affiliates to grow and further develop. Through this support, the organization contributes to the worldwide spread of Buddhist educational and religious activities, particularly those of Rangjung Yeshe Institute (RYI). This funding enables the institute and its affiliated projects to continue their mission of advancing Buddhist education and practice on a global scale.
This information is meant to be a general summary of Rangjung Yeshe Institue Foundation 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: $32,811
- Program Service Revenue: $799,250
- Gross Receipts: $1,440,735
Assets and Liabilities:
- Total Assets: $1,521,110
- Total Liabilities: $0
- Net Assets: $1,521,110
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITIONS
Revenue
$783,595
FEES
Revenue
$15,655
Organization Details
Founding Year
2019
Phone
(413) 584-7331Principal Officer
Roger Hodgson
Main Address
39 MAIN STREET 8, NORTHAMPTON, MA, 01060
Website
www.ryi.orgNTEE Category
Code: X50 - Religion related
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