Is Vietnamese Buddhist Association Of Omaha Legit?
Quick charity verification for Vietnamese Buddhist Association Of Omaha (EIN: 205840555)
Verdict: Vietnamese Buddhist Association Of Omaha appears trustworthy
95/100Mission Score
$38KRevenue
$230KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, indicating high efficiency and volunteer leadership.
Steady asset growth from $111,214 in 2015 to $212,003 in 2023, demonstrating financial stability.
No reported liabilities across all available filings, suggesting excellent fiscal health.
Expenses consistently well below revenue in most years, allowing for asset accumulation.
Strong transparency with a clear history of IRS 990 filings.
Spending Breakdown
How Vietnamese Buddhist Association Of Omaha 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 Vietnamese Buddhist Association Of Omaha
Is Vietnamese Buddhist Association Of Omaha a legitimate charity?
Based on AI analysis of IRS 990 filings, Vietnamese Buddhist Association Of Omaha (EIN: 205840555) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Vietnamese Buddhist Association Of Omaha a good charity to donate to?
Vietnamese Buddhist Association Of Omaha has a Mission Score of 95/100. Revenue: $38K. Assets: $230K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Vietnamese Buddhist Association Of Omaha?
The Employer Identification Number (EIN) for Vietnamese Buddhist Association Of Omaha is 205840555. 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 Vietnamese Buddhist Association Of Omaha spend its money?
Vietnamese Buddhist Association Of Omaha allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Vietnamese Buddhist Association Of Omaha's tax-exempt status?
You can verify Vietnamese Buddhist Association Of Omaha's tax-exempt status using EIN 205840555 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
The Vietnamese Buddhist Association Of Omaha demonstrates consistent financial stability and a strong commitment to its mission, as evidenced by its IRS 990 filings. The organization has shown steady asset growth, increasing from $111,214 in 2015 to $212,003 in 2023, indicating sound financial management and accumulation of resources. Revenue has fluctuated but generally remained sufficient to cover expenses, with the latest reported revenue at $31,337 against expenses of $13,286 in 2023.
Spending efficiency appears high, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that the organization's resources are primarily directed towards its programs and operational costs rather than executive salaries. The absence of liabilities in all recent filings further underscores a healthy financial position and responsible fiscal practices.
Transparency is excellent, with a clear history of IRS 990 filings available and consistent reporting of key financial metrics. The organization's ability to operate without incurring debt and its growth in assets, while maintaining no officer compensation, reflects a well-managed and mission-focused entity. The NTEE code X50 (Religious Organizations) aligns with its name, and the financial data supports its operational integrity.