Overview
What is Ming Ya Buddhist Foundation Of La?
The Ming Ya Buddhist Foundation of LA, located in Los Angeles, California, is a nonprofit organization. Its primary purpose is to promote cultural and religious understanding and relations among its community members. They achieve this through various programs, such as senior and youth recreational activities, athletics, social events, religious ceremonies, and general assistance. Moreover, they extend their support by providing donations for humanitarian relief efforts. This foundation strives to foster a harmonious environment by offering these diverse programs to its community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54% (One-Star out of Four Stars)
The Ming Ya Buddhist Foundation of La has received a low rating of 54%, classified as a One-Star charity, reflecting significant concerns regarding its accountability and financial practices. The organization has no independent board members, which raises questions about governance and oversight. Additionally, the absence of financial statements and other key documents hampers transparency.
While the foundation has a high program expense ratio of 77.40%, indicating that a substantial portion of its funds is directed toward its programs, it struggles significantly in the area of governance. Key policies, such as whistleblower protections and document retention strategies, are either missing or not reported, which could impact the organization's integrity and operational effectiveness.
Overall, while Ming Ya Buddhist Foundation of La demonstrates a commitment to its programs, the lack of transparency and governance issues highlighted by its low rating warrant caution for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Ming Ya Buddhist Foundation Of La legitimate?
Ming Ya Buddhist Foundation Of La is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ming Ya Buddhist Foundation Of La 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 Ming Ya Buddhist Foundation Of La?
The Ming Ya Buddhist Foundation of LA is committed to providing a range of programs aimed at promoting cultural and religious understanding and relations. These activities include senior and youth recreational and athletic events, social gatherings, religious ceremonies, and general assistance. The foundation offers these programs to encourage intercultural and interreligious relations. Additionally, the foundation sometimes provides donations to aid in humanitarian relief efforts.
Who is the CEO of Ming Ya Buddhist Foundation Of La?
Hugh Wei is the President of Ming Ya Buddhist Foundation Of La.
What is the revenue of Ming Ya Buddhist Foundation Of La?
Ming Ya Buddhist Foundation Of La's revenue in 2022 was $984,859.
Who are the executives of Ming Ya Buddhist Foundation Of La and what are their salaries?
There 50 volunteers at Ming Ya Buddhist Foundation Of La.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ming Ya Buddhist Foundation Of La?
Ming Ya Buddhist Foundation Of La's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ming Ya Buddhist Foundation Of La
Ming Ya Buddhist Foundation of LA is dedicated to providing a range of programs aimed at fostering cultural and religious understanding and relations. Their mission encompasses senior and youth recreational activities, athletics, social events, religious services, and general assistance. These initiatives are designed to encourage interaction and mutual respect among various communities, promoting a harmonious society. The foundation also extends its support beyond these activities, often contributing to humanitarian relief efforts when needed.
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Impact
July, 2024
The Ming Ya Buddhist Foundation Of LA has made a significant impact by providing various programs that promote cultural and religious understanding and relations. Through activities such as senior and youth recreation athletic programs, social activities, and religious activities, the foundation plays a vital role in fostering a sense of community and connection among individuals. Additionally, the foundation's efforts in providing general assistance, including donations for humanitarian relief efforts, showcase its commitment to making a positive difference in society. Overall, the foundation's work contributes to creating a more inclusive and harmonious environment, benefiting individuals and communities in Los Angeles.
This information is meant to be a general summary of Ming Ya Buddhist Foundation Of La. 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: $15,951
- Gross Receipts: $1,635,515
Assets and Liabilities:
- Total Assets: $16,157,605
- Total Liabilities: $0
- Net Assets: $16,157,605
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Organization Details
Founding Year
1982
Principal Officer
Hugh Wei
Main Address
4371 E VALLEY BLVD, LOS ANGELES, CA, 90032
NTEE Category
Code: X50Z - Religion related
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