Overview
What is La Jungto Society?
La Jungto Society is a nonprofit organization situated in Fullerton, California. With a focus on Buddhist values, their primary mission is to collect funds and distribute essential items, such as food and necessities, to those in need. Their activities are driven by the spirit of Buddhism, aiming to provide aid and support to individuals who are struggling financially. The organization operates within the boundaries of this mission, striving to make a positive impact in their local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating.
La Jungto Society has received a One-Star rating from Charity Navigator due to its low overall score of 53%. This rating primarily reflects its Accountability & Finance score, which indicates significant areas for improvement. The charity's board has no independent members, and several critical governance policies, such as those related to conflicts of interest and whistleblower protections, are missing.
Despite these shortcomings, the organization shows a strong commitment to program expenses, with an impressive 80.06% of its costs directed towards its programs. Additionally, it has a favorable liabilities to assets ratio of 2.72%, indicating a healthy financial standing in that regard. However, the absence of essential transparency and accountability practices is a notable limitation that potential donors should consider.
Overall, while La Jungto Society demonstrates effectiveness in program expenditure, its governance practices and lack of independent oversight raise concerns about its accountability and transparency. Donors may want to seek further information before contributing to ensure their support aligns with their values and expectations for nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
Is La Jungto Society legitimate?
La Jungto Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. La Jungto Society 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
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What is the mission statement of La Jungto Society?
The La Jungto Society is committed to providing missionary service for Buddhism. Their primary objective is to raise funds for those in need and distribute essential items such as food to them, all in accordance with Buddhist principles. This organization's mission is centered around alleviating hardships and offering aid to those less fortunate, guided by the spiritual teachings of Buddhism.
Who is the CEO of La Jungto Society?
Suk Ho Choi is the President of La Jungto Society.
What is the revenue of La Jungto Society?
La Jungto Society's revenue in 2022 was $94,740.
Who are the executives of La Jungto Society and what are their salaries?
There 100 volunteers at La Jungto Society.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for La Jungto Society?
La Jungto Society's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of La Jungto Society
La Jungto Society, a nonprofit organization, is dedicated to the mission of providing aid to those in need, guided by the principles of Buddhism. Their primary objective is to collect funds and distribute essential items such as food and other necessities to individuals facing hardship. This mission is carried out with a spiritual fervor, rooted in the teachings of Buddhism. The society's work is centered around the belief that everyone deserves basic necessities, and they strive to make this a reality for those less fortunate.
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Impact
October, 2024
La Jungto Society significantly impacts the community by addressing the needs of the less fortunate through the lens of Buddhist principles. By raising funds specifically for those in need, the organization emphasizes compassion and empathy, embodying the core teachings of Buddhism.
It actively works to provide food and other essential necessities, fostering a sense of care and connection among individuals. This service not only aids in alleviating immediate hardships faced by vulnerable populations but also promotes a culture of charity and mindfulness within the broader community in Fullerton, CA. The society's efforts encourage individuals to engage in altruistic activities, reinforcing shared values of support and generosity while emphasizing the importance of communal responsibility.
This information is meant to be a general summary of La Jungto Society. 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: $4,504
- Gross Receipts: $94,740
Assets and Liabilities:
- Total Assets: $1,158,245
- Total Liabilities: $38,135
- Net Assets: $1,120,110
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Organization Details
Founding Year
1999
Phone
(323) 965-0850Principal Officer
Suk Ho Choi
Main Address
3130 Parkside Crossing Lane, Fullerton, CA, 92833
NTEE Category
Code: X80 - Religion related
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