Overview
What is Yuan Heng Temple?
Yuan Heng Temple is a nonprofit establishment situated in Seattle, Washington, primarily serving as a spiritual sanctuary for Buddhism followers. As a religious service center, it offers its community a place for worship and spiritual growth, adhering to the Buddhist faith. The temple's mission is deeply rooted in providing a conducive environment for spiritual enrichment and community bonding.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 70%)
Yuan Heng Temple received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates strong accountability and financial management, there are significant areas needing improvement. The nonprofit scored 100% in Accountability & Finance, with perfect scores for independent board members, board size, and a low liabilities to assets ratio. This suggests a solid foundation in governance and financial health.
However, the organization faces critical shortcomings, particularly in transparency and policy documentation. Key policies such as the conflict of interest policy, whistleblower policy, and document retention policy are missing, leading to a low score in these areas. Furthermore, the absence of meeting minutes and a publicly available tax form raises concerns about the organization's commitment to transparency.
Overall, while Yuan Heng Temple exhibits strong financial practices and governance, the lack of essential policies and documentation could undermine trust with stakeholders. Addressing these issues would significantly enhance its rating and public confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Yuan Heng Temple legitimate?
Yuan Heng Temple is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yuan Heng Temple 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
What is the mission statement of Yuan Heng Temple?
Yuan Heng Temple serves as a significant hub for religious activities, focusing on the practice of Buddhism. Its mission is to provide a spiritual sanctuary where individuals can seek solace and enlightenment. The temple promotes the teachings of Buddhism and fosters a sense of community among its followers. It offers religious services and plays a crucial role in nurturing spiritual growth. The temple in Seattle, WA, is dedicated to preserving and spreading the principles of Buddhism, creating an environment that encourages peace, understanding, and self-realization. While specific details about research or global outreach are not provided, it is clear that Yuan Heng Temple is committed to serving its community and upholding the values of Buddhism.
Who is the CEO of Yuan Heng Temple?
Ming Kuo Wu is the President of Yuan Heng Temple.
What is the revenue of Yuan Heng Temple?
Yuan Heng Temple's revenue in 2022 was $5,261.
Who are the executives of Yuan Heng Temple and what are their salaries?
There 20 volunteers at Yuan Heng Temple.
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Yuan Heng Temple?
Yuan Heng Temple's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Yuan Heng Temple
Yuan Heng Temple, established as a religious service center, is devoted to the practice of Buddhism in Seattle, Washington. Its primary mission is to serve as a sanctuary for individuals seeking spiritual guidance and support, adhering to Buddhist principles. The temple provides a space for religious activities, fostering a sense of community and spiritual growth among its members.
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Impact
August, 2024
Yuan Heng Temple's impact in Seattle, WA, extends beyond providing religious services to the community. As a center for Buddhist practice, the temple serves as a hub for spiritual growth, community bonding, and cultural preservation. Through its various programs, events, and outreach activities, Yuan Heng Temple plays a vital role in promoting peace, compassion, and mindfulness among its members and the broader society. The temple's teachings and practices serve as a source of inspiration and guidance for individuals seeking spiritual nourishment and a deeper connection to their inner selves. Additionally, the temple's presence contributes to the rich tapestry of religious diversity in Seattle, fostering a more inclusive and harmonious community.
This information is meant to be a general summary of Yuan Heng Temple. 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: $25
- Gross Receipts: $46,380
Assets and Liabilities:
- Total Assets: $1,461,373
- Total Liabilities: $10,550
- Net Assets: $1,450,823
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Organization Details
Founding Year
1991
Phone
(206) 361-6322Principal Officer
Ming Kuo Wu
Main Address
13511 42nd Ave NE, Seattle, WA, 98125
NTEE Category
Code: X50 - Religion related
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