Quick charity verification for Wat Lao Khantidhammaram (EIN: 134218937)
Verdict: Wat Lao Khantidhammaram appears trustworthy
90/100Mission Score
$78KRevenue
$224KAssets
1Red Flags
4Strengths
Red Flags
Fluctuating revenue streams, which could indicate reliance on inconsistent donations or events.
Strengths
Consistently reports zero liabilities, indicating strong financial health.
0% officer compensation across all filings, demonstrating high spending efficiency.
Positive net asset growth from $32,550 in 2019 to $170,550 in 2023.
Consistent IRS 990 filing history, indicating good transparency.
Spending Breakdown
How Wat Lao Khantidhammaram 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 Wat Lao Khantidhammaram
Is Wat Lao Khantidhammaram a legitimate charity?
Based on AI analysis of IRS 990 filings, Wat Lao Khantidhammaram (EIN: 134218937) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Wat Lao Khantidhammaram a good charity to donate to?
Wat Lao Khantidhammaram has a Mission Score of 90/100. Revenue: $78K. Assets: $224K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Wat Lao Khantidhammaram?
The Employer Identification Number (EIN) for Wat Lao Khantidhammaram is 134218937. 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 Wat Lao Khantidhammaram spend its money?
Wat Lao Khantidhammaram allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Wat Lao Khantidhammaram's tax-exempt status?
You can verify Wat Lao Khantidhammaram's tax-exempt status using EIN 134218937 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
Wat Lao Khantidhammaram demonstrates a generally stable financial position, with assets growing from $75,309 in 2021 to $170,550 in 2023, indicating prudent financial management. The organization consistently reports zero liabilities, which is a strong indicator of financial health and low risk. Revenue has fluctuated, peaking at $249,793 in 2022 before settling at $100,755 in 2023, suggesting variability in donations or other income streams. However, expenses have remained well within revenue, with the latest filing showing expenses of $89,033 against $100,755 in revenue, allowing for a surplus.
The organization's spending efficiency appears high, as it consistently reports 0% officer compensation across all available filings, implying that all or nearly all funds are directed towards its mission and operational costs rather than executive salaries. This commitment to minimizing administrative overhead is a significant strength. The NTEE code X50, which typically refers to religious organizations, aligns with the expectation of community-focused spending.
Transparency is strong given the consistent filing of IRS Form 990s and the clear reporting of financial metrics. The absence of liabilities and officer compensation simplifies financial analysis and provides a clear picture of how funds are managed. While a detailed breakdown of program vs. administrative spending isn't explicitly provided in the summary data, the lack of officer compensation suggests a high proportion of spending is likely program-related or essential operational costs.