Overview
What is Center For The Practice Of Zen Buddhist Meditation?
The Center for the Practice of Zen Buddhist Meditation is a nonprofit organization situated in Sequim, Washington. Established at PO Box 166, their primary purpose is to foster spiritual growth and well-being within the Zen Buddhist tradition. They accomplish this mission by maintaining meditation facilities and providing meeting spaces for Zen Buddhist activities. With a small team of four dedicated individuals, the center serves as a hub for individuals seeking spiritual development within the Zen Buddhist tradition.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Star rating.
The Center For The Practice Of Zen Buddhist Meditation has received a low rating of 52% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. A notable point of weakness is the absence of independent board members, which raises questions about governance. Moreover, the organization has not provided required financial statements, which limits transparency for potential donors.
On a positive note, the charity demonstrates a strong commitment to its programs, with a program expense ratio of 92.71%, suggesting that the majority of its funds are directed towards its mission-related activities. Additionally, it has a favorable liabilities to assets ratio of 10.03%, indicating a healthy financial position in terms of debt management.
Despite these strengths, the lack of essential policies such as a conflict of interest policy and a whistleblower policy are significant drawbacks that contribute to its low overall rating. Furthermore, the absence of a website listed on the tax form and missing tax documentation on its site diminish its credibility and accessibility for stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Center For The Practice Of Zen Buddhist Meditation legitimate?
Center For The Practice Of Zen Buddhist Meditation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center For The Practice Of Zen Buddhist Meditation 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: $114,960
Professional Fundraising Fees: $0
Other Salaries and Wages: $57,950
For more financial information, click here
What is the mission statement of Center For The Practice Of Zen Buddhist Meditation?
The Center for the Practice of Zen Buddhist Meditation is committed to fostering spiritual development and well-being within the context of Zen Buddhism. Their mission is to achieve this by providing meditation facilities and meeting spaces that facilitate activities aligned with the Zen Buddhist tradition. The center strives to promote spiritual growth and well-being through these activities, contributing to an enriching experience for individuals who follow the Zen Buddhist path.
Who is the CEO of Center For The Practice Of Zen Buddhist Meditation?
Ashwini Narayanan is the President of Center For The Practice Of Zen Buddhist Meditation.
What is the revenue of Center For The Practice Of Zen Buddhist Meditation?
Center For The Practice Of Zen Buddhist Meditation's revenue in 2022 was $1,642,980.
Who are the executives of Center For The Practice Of Zen Buddhist Meditation and what are their salaries?
The average compensation at Center For The Practice Of Zen Buddhist Meditation during 2022 was $43,228. There are 4 employees at Center For The Practice Of Zen Buddhist Meditation.
Here are 3 key members and their salaries:
- Compensation: $42,000
- Related: $0
- Other: $28,800
- Compensation: $60,960
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
Where can I find the form 990 for Center For The Practice Of Zen Buddhist Meditation?
Center For The Practice Of Zen Buddhist Meditation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Center For The Practice Of Zen Buddhist Meditation
The Center for the Practice of Zen Buddhist Meditation is dedicated to fostering spiritual growth and well-being within the Zen Buddhist tradition. This nonprofit organization strives to achieve its mission by providing suitable facilities and meeting places that encourage activities aligned with Zen Buddhism. The primary objective is to promote a sense of peace, tranquility, and spiritual development among its followers and practitioners, adhering to the Zen Buddhist tradition.
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Impact
July, 2024
The Center for the Practice of Zen Buddhist Meditation has had a significant impact on promoting spiritual growth and well-being within the Zen Buddhist tradition. Through its meditation facilities and meeting places, the center provides a space for individuals to engage in practices that foster inner peace, mindfulness, and self-discovery. By offering a supportive environment for meditation and other activities, the center contributes to the personal development and overall well-being of those who participate in its programs.
This information is meant to be a general summary of Center For The Practice Of Zen Buddhist Meditation. 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: $1,385,319
- Gross Receipts: $2,306,016
Assets and Liabilities:
- Total Assets: $3,220,879
- Total Liabilities: $323,614
- Net Assets: $2,897,265
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Organization Details
Founding Year
1983
Phone
(415) 845-1295Principal Officer
Ashwini Narayanan
Main Address
PO BOX 166, SEQUIM, WA, 98382
NTEE Category
Code: X50Z - Religion related
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