Phap Hai Temple
EIN: 814163851 · Fort Smith, AR · NTEE: X50
| Metric | Value |
|---|---|
| Total Revenue | $14K |
| Total Expenses | $18K |
| Net Assets | $366K |
Is Phap Hai Temple Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Phap Hai Temple
Phap Hai Temple (EIN: 814163851) is a nonprofit organization based in Fort Smith, AR, classified under NTEE code X50. The organization reported total revenue of $14K and total assets of $824K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Phap Hai Temple's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Phap Hai Temple is a micro nonprofit that has been operating for 7 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -34.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $18K |
| Total Expenses | $18K |
| Surplus / Deficit | $-254 |
| Total Assets | $834K |
| Total Liabilities | $468K |
| Net Assets | $366K |
| Operating Margin | -1.4% |
| Debt-to-Asset Ratio | 56.1% |
| Months of Reserves | 546.9 months |
Financial Health Grade: C
In 2023, Phap Hai Temple reported a deficit of $254 with expenses exceeding revenue, holds 546.9 months of operating reserves (strong position), has a debt-to-asset ratio of 56.1% (high leverage).
Financial Trends
Over 3 years of filings (2021–2023), Phap Hai Temple's revenue has declined at a compound annual growth rate (CAGR) of -34.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -43.3% | -28.7% | +0.6% |
| 2022 | -23.7% | -25.9% | +0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Phap Hai Temple 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 Phap Hai Temple 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 $254, with expenses exceeding revenue.
- Debt-to-asset ratio: 56.1%.
Frequently Asked Questions about Phap Hai Temple
Is Phap Hai Temple a legitimate charity?
Phap Hai Temple (EIN: 814163851) is a registered tax-exempt nonprofit based in Arkansas. It has 3 years of IRS 990 filings on record. Total revenue: $14K. No red flags identified. Financial health grade: C.
How does Phap Hai Temple spend its money?
Phap Hai Temple reported $14K in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Phap Hai Temple tax-deductible?
Phap Hai Temple is registered as a tax-exempt nonprofit (EIN: 814163851). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Phap Hai Temple located?
Phap Hai Temple is headquartered in Fort Smith, Arkansas and files with the IRS under EIN 814163851. It is classified under NTEE code X50.
How many years of IRS 990 filings does Phap Hai Temple have?
Phap Hai Temple has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $14K in total revenue.
Filing History
IRS 990 filing history for Phap Hai Temple showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Phap Hai Temple's revenue has declined by 56.7%, moving from $42K to $18K. Total assets increased by 1.4% over the same period, from $822K to $834K. Total functional expenses fell by 47.2%, from $35K to $18K. In its most recent filing year (2023), Phap Hai Temple reported a deficit of $254, with expenses exceeding revenue. The organization holds $468K in liabilities against $834K in assets (debt-to-asset ratio: 56.1%), resulting in net assets of $366K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $18K | $18K | $834K | $468K | — | — |
| 2022 | $32K | $26K | $829K | $462K | — | View 990 |
| 2021 | $42K | $35K | $822K | $462K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $18K, expenses of $18K, and assets of $834K (revenue -43.3% year-over-year).
- 2022: Revenue of $32K, expenses of $26K, and assets of $829K (revenue -23.7% year-over-year).
- 2021: Revenue of $42K, expenses of $35K, and assets of $822K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Phap Hai Temple:
Data Sources and Methodology
This transparency report for Phap Hai Temple 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.