Quick charity verification for Pho Minh Buddhist Temple (EIN: 200908207)
Verdict: Pho Minh Buddhist Temple appears trustworthy
95/100Mission Score
$72KRevenue
$303KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Zero liabilities reported across all filings, indicating excellent financial stability.
No officer compensation reported, suggesting high efficiency in resource allocation and volunteer leadership.
Consistent filing of IRS Form 990s, demonstrating strong transparency.
Healthy asset base ($303,232 in 2021) relative to annual revenue ($71,875 in 2021).
Generally stable revenue streams over the past decade, supporting ongoing operations.
Spending Breakdown
How Pho Minh Buddhist Temple allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Pho Minh Buddhist Temple
Is Pho Minh Buddhist Temple a legitimate charity?
Based on AI analysis of IRS 990 filings, Pho Minh Buddhist Temple (EIN: 200908207) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Pho Minh Buddhist Temple a good charity to donate to?
Pho Minh Buddhist Temple has a Mission Score of 95/100. Revenue: $72K. Assets: $303K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Pho Minh Buddhist Temple?
The Employer Identification Number (EIN) for Pho Minh Buddhist Temple is 200908207. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Pho Minh Buddhist Temple spend its money?
Pho Minh Buddhist Temple allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Pho Minh Buddhist Temple's tax-exempt status?
You can verify Pho Minh Buddhist Temple's tax-exempt status using EIN 200908207 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Pho Minh Buddhist Temple demonstrates consistent financial stability with a healthy asset base relative to its annual revenue. In 2021, the organization reported $71,875 in revenue against $70,848 in expenses, indicating a slight surplus. Over the past decade, the temple has maintained a strong asset position, with assets consistently above $300,000, reaching $303,232 in 2021, while reporting zero liabilities across all available filings. This suggests sound financial management and a lack of debt. The organization's transparency is high, as evidenced by its consistent filing of IRS Form 990s and the clear reporting of financial data, including no officer compensation, which further enhances trust.
While specific program spending details are not provided in the summary data, the consistent operational expenses relative to revenue suggest that funds are being utilized for the temple's mission. The absence of officer compensation is a significant positive indicator of efficient resource allocation, as all funds appear to be directed towards operational costs and the organization's purpose. The temple's financial health appears robust, with a stable asset base and a history of managing expenses within or close to its revenue, ensuring long-term sustainability.