Overview
What is Chaiya Meditation Monastery?
Chaiya Meditation Monastery is a nonprofit organization that focuses on educating individuals in the art of meditation. They extend their resources globally by distributing Dhamma literature, such as books, CDs, and DVDs at no cost, serving as valuable study materials for new and potential disciples. Furthermore, the monastery organizes programs that cover travel expenses, enabling them to educate and assist disciples in various states and countries. Their mission is to promote spiritual growth and understanding through meditation, thereby contributing positively to individuals worldwide.
Official website here: www.chaiyacmm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 14%, Zero-Star out of Four Star rating.
Chaiya Meditation Monastery has received a very low score of 14%, indicating significant concerns regarding its accountability and financial practices. The organization lacks independent board members, which raises questions about governance and oversight. Additionally, it has not provided financial statements, nor does it have vital policies in place, such as conflict of interest and whistleblower policies.
Despite scoring well in certain areas, such as having no material diversion of assets and maintaining board meeting minutes, the overall lack of transparency and structural weaknesses severely impact its rating. The program expense ratio is quite low at 23.02%, suggesting that a limited portion of resources is directed towards its mission-related activities. Overall, the nonprofit's governance and financial reporting practices require substantial improvement to enhance its trustworthiness and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Chaiya Meditation Monastery legitimate?
Chaiya Meditation Monastery is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chaiya Meditation Monastery 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
Official website here: www.chaiyacmm.org
What is the mission statement of Chaiya Meditation Monastery?
Chaiya Meditation Monastery's mission is centered around educating individuals in the art of meditation. They accomplish this by offering programs and resources to new and potential disciples, both locally and globally. The monastery distributes Dhamma Books, CDs, and DVDs at no cost for personal study, aiming to spread knowledge and understanding of meditation. Furthermore, they provide financial assistance for disciples to attend programs in different states and countries, thereby extending their educational reach.
Official website here: www.chaiyacmm.org
Who is the CEO of Chaiya Meditation Monastery?
U Zeyathuta is the Director of Chaiya Meditation Monastery.
Official website here: www.chaiyacmm.org
What is the revenue of Chaiya Meditation Monastery?
Chaiya Meditation Monastery's revenue in 2022 was $652,227.
Official website here: www.chaiyacmm.org
Who are the executives of Chaiya Meditation Monastery and what are their salaries?
There 11 volunteers at Chaiya Meditation Monastery.
Here are 5 key members and their salaries:
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- Other: $0
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Official website here: www.chaiyacmm.org
Where can I find the form 990 for Chaiya Meditation Monastery?
Chaiya Meditation Monastery's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chaiyacmm.org
Learn more at the official website: www.chaiyacmm.org
Mission Statement of Chaiya Meditation Monastery
Chaiya Meditation Monastery is an organization dedicated to educating individuals in the practice of meditation. Their mission extends beyond mere instruction, as they also distribute Dhamma Books, CDs, and DVDs at no cost to new and potential disciples worldwide for personal study. This global outreach allows individuals to delve deeper into the principles of meditation from the comfort of their own homes. In addition to these resources, Chaiya Meditation Monastery offers programs that cover travel expenses, enabling them to reach out to and assist new disciples in various states and even abroad. The monastery's commitment to spreading knowledge and understanding of meditation is evident in these initiatives.
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Impact
July, 2024
Chaiya Meditation Monastery has a profound impact on individuals seeking to deepen their practice of meditation. By providing education in various aspects of meditation and distributing resources such as Dhamma Books, CDs, and DVDs at no cost, the monastery empowers disciples to engage in personal study and reflection. Additionally, their programs which cover travel expenses to other states and countries facilitate the spread of meditation teachings to a broader audience. This global outreach enables individuals worldwide to benefit from the monastery's offerings and underscores its dedication to supporting and nurturing new disciples in their spiritual journey.
This information is meant to be a general summary of Chaiya Meditation Monastery. 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: $448
- Gross Receipts: $652,227
Assets and Liabilities:
- Total Assets: $6,795,205
- Total Liabilities: $0
- Net Assets: $6,795,205
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Organization Details
Founding Year
1995
Phone
(702) 456-3838Principal Officer
U Zeyathuta
Main Address
7925 Virtue Court, Las Vegas, NV, 89113
Website
www.chaiyacmm.orgNTEE Category
Code: X50 - Religion related
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