Huyen Quang Buddhist Research Institute
EIN: 821489216 · Royse City, TX · NTEE: X50
Is Huyen Quang Buddhist Research Institute Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Huyen Quang Buddhist Research Institute
Huyen Quang Buddhist Research Institute (EIN: 821489216) is a nonprofit organization based in Royse City, TX, classified under NTEE code X50. The organization reported total revenue of $1.3M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Huyen Quang Buddhist Research Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Huyen Quang Buddhist Research Institute is a mid-size nonprofit that has been operating for 9 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 14.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $238K |
| Total Expenses | $396K |
| Surplus / Deficit | $-158,622 |
| Total Assets | $1.4M |
| Total Liabilities | $228K |
| Net Assets | $1.1M |
| Operating Margin | -66.7% |
| Debt-to-Asset Ratio | 16.6% |
| Months of Reserves | 41.6 months |
Financial Health Grade: B
In 2023, Huyen Quang Buddhist Research Institute reported a deficit of $159K with expenses exceeding revenue, holds 41.6 months of operating reserves (strong position), has a debt-to-asset ratio of 16.6% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Huyen Quang Buddhist Research Institute's revenue has grown at a compound annual growth rate (CAGR) of 14.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.9% | +176.9% | -9.0% |
| 2022 | +225.6% | +76.8% | +9.2% |
| 2021 | -30.8% | +13.1% | +948.6% |
| 2020 | -20.9% | +50.6% | +42.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Huyen Quang Buddhist Research Institute has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Huyen Quang Buddhist Research Institute with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $159K, with expenses exceeding revenue.
- Debt-to-asset ratio: 16.6%.
Frequently Asked Questions about Huyen Quang Buddhist Research Institute
Is Huyen Quang Buddhist Research Institute a legitimate charity?
Based on AI analysis of IRS 990 filings, Huyen Quang Buddhist Research Institute (EIN: 821489216) insufficient data. 0 red flags identified, 0 strengths noted.
How does Huyen Quang Buddhist Research Institute spend its money?
Detailed spending breakdown data is not yet available for Huyen Quang Buddhist Research Institute. Check back for updated IRS 990 analysis.
Are donations to Huyen Quang Buddhist Research Institute tax-deductible?
Huyen Quang Buddhist Research Institute is registered as a tax-exempt nonprofit (EIN: 821489216). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Huyen Quang Buddhist Research Institute showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Huyen Quang Buddhist Research Institute's revenue has grown by 69.7%, moving from $140K to $238K. Total assets increased by 1384.5% over the same period, from $93K to $1.4M. Total functional expenses rose by 733.7%, from $48K to $396K. In its most recent filing year (2023), Huyen Quang Buddhist Research Institute reported a deficit of $159K, with expenses exceeding revenue. The organization holds $228K in liabilities against $1.4M in assets (debt-to-asset ratio: 16.6%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $238K | $396K | $1.4M | $228K | — | View 990 |
| 2022 | $250K | $143K | $1.5M | $278K | — | View 990 |
| 2021 | $77K | $81K | $1.4M | $258K | — | View 990 |
| 2020 | $111K | $72K | $132K | $0 | — | View 990 |
| 2019 | $140K | $48K | $93K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $238K, expenses of $396K, and assets of $1.4M (revenue -4.9% year-over-year).
- 2022: Revenue of $250K, expenses of $143K, and assets of $1.5M (revenue +225.6% year-over-year).
- 2021: Revenue of $77K, expenses of $81K, and assets of $1.4M (revenue -30.8% year-over-year).
- 2020: Revenue of $111K, expenses of $72K, and assets of $132K (revenue -20.9% year-over-year).
- 2019: Revenue of $140K, expenses of $48K, and assets of $93K.
Data Sources and Methodology
This transparency report for Huyen Quang Buddhist Research Institute is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.