Overview
What is Wat Dhamma Bhavana Buddist Center?
The Wat Dhamma Bhavana Buddhist Center is a nonprofit organization situated in Anchorage, Alaska, with a primary focus on Buddhist religious practices. Their mission encompasses conducting regular organizational meetings as a fundamental part of their Buddhist beliefs and mission. The center serves the local community, fostering spiritual growth and community engagement within the Buddhist faith.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 34%
Wat Dhamma Bhavana Buddhist Center has received a zero-star rating from Charity Navigator, which indicates significant concerns regarding its accountability and financial practices. The organization scored only 34% in this category, with particular issues noted in governance and transparency, including a lack of independent board members and missing essential policies such as conflict of interest and whistleblower protections.
While the center does not show any material diversion of assets, which is a positive aspect, its failure to provide basic organizational documentation such as meeting minutes and a publicly accessible website significantly impacts its credibility. The program expense ratio of 59.39% indicates a focus on programmatic spending, which is a strength; however, overall governance weaknesses overshadow this positive aspect.
In summary, the low score reflects serious deficiencies in the nonprofit's management and operational transparency. Prospective donors and supporters may want to consider these factors carefully before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Wat Dhamma Bhavana Buddist Center legitimate?
Wat Dhamma Bhavana Buddist Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wat Dhamma Bhavana Buddist Center 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:
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What is the mission statement of Wat Dhamma Bhavana Buddist Center?
The Wat Dhamma Bhavana Buddhist Center, as a Buddhist organization, carries out its mission by conducting religious organizational meetings. This center serves to foster a spiritual community, promoting Buddhist teachings and practices through these gatherings. By organizing these meetings, the center aims to provide a platform for individuals to connect, learn, and deepen their understanding of Buddhism. The center's activities are centered around religious and spiritual growth, contributing to the overall well-being of its members and the broader Buddhist community.
Who is the CEO of Wat Dhamma Bhavana Buddist Center?
Vensompong Pluepiam is the President of Wat Dhamma Bhavana Buddist Center.
What is the revenue of Wat Dhamma Bhavana Buddist Center?
Wat Dhamma Bhavana Buddist Center's revenue in 2022 was $63,882.
Who are the executives of Wat Dhamma Bhavana Buddist Center and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Wat Dhamma Bhavana Buddist Center?
Wat Dhamma Bhavana Buddist Center's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wat Dhamma Bhavana Buddist Center
Wat Dhamma Bhavana Buddhist Center, as a Buddhist organization, carries out its mission by conducting religious organizational meetings. In this role, the center serves to foster a sense of community and spiritual growth among its members in Anchorage, AK. Through these meetings, the center provides a space for individuals to connect, learn, and deepen their understanding of Buddhist teachings and practices. By conducting these religious gatherings, Wat Dhamma Bhavana Buddhist Center plays an essential role in supporting and nurturing the spiritual well-being of its members.
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Impact
August, 2024
Wat Dhamma Bhavana Buddhist Center plays a significant role in promoting Buddhism and providing a place for religious organizational meetings for the Buddhist community in Anchorage, AK. The center serves as a hub for spiritual growth, community connection, and the practice of Buddhist teachings. Through its activities and services, Wat Dhamma Bhavana contributes to the spiritual well-being of individuals, fosters a sense of belonging among practitioners, and spreads the teachings of Buddhism to the local community.
This information is meant to be a general summary of Wat Dhamma Bhavana Buddist Center. 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: $46
- Gross Receipts: $63,882
Assets and Liabilities:
- Total Assets: $893,526
- Total Liabilities: $484,182
- Net Assets: $409,344
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Organization Details
Phone
(907) 344-9994Principal Officer
Vensompong Pluepiam
Main Address
3840 OMalley Rd, Anchorage, AK, 99507
NTEE Category
Code: X50 - Religion related
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