Pho Minh Buddhist Temple
Pho Minh Buddhist Temple maintains stable finances with zero liabilities and no officer compensation.
EIN: 200908207 · Fort Smith, AR · NTEE: X50 · Updated: 2026-03-28
Is Pho Minh Buddhist Temple Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pho Minh Buddhist Temple directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pho Minh Buddhist Temple
Pho Minh Buddhist Temple (EIN: 200908207) is a nonprofit organization based in Fort Smith, AR, classified under NTEE code X50. The organization reported total revenue of $72K and total assets of $303K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pho Minh Buddhist Temple's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pho Minh Buddhist Temple is a micro nonprofit that has been operating for 20 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -7.2%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $72K |
| Total Expenses | $71K |
| Surplus / Deficit | +$1K |
| Total Assets | $303K |
| Net Assets | $303K |
| Operating Margin | 1.4% |
| Months of Reserves | 51.4 months |
Financial Health Grade: A
In 2021, Pho Minh Buddhist Temple reported a surplus of $1K with revenue exceeding expenses, holds 51.4 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2021), Pho Minh Buddhist Temple's revenue has declined at a compound annual growth rate (CAGR) of -7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +107.8% | +40.8% | +0.3% |
| 2020 | -45.4% | -39.4% | -4.5% |
| 2019 | -11.5% | +13.0% | -5.8% |
| 2018 | +1.9% | -10.0% | -0.6% |
| 2017 | +24.7% | -5.2% | -3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Pho Minh Buddhist Temple with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Pho Minh Buddhist Temple allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization. This is highly commendable and suggests that all leadership roles are likely filled by volunteers, directing more funds towards the organization's mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Pho Minh Buddhist Temple:
- 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.
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 legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Pho Minh Buddhist Temple spend its money?
Pho Minh Buddhist Temple directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Pho Minh Buddhist Temple tax-deductible?
Pho Minh Buddhist Temple is registered as a tax-exempt nonprofit (EIN: 200908207). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Pho Minh Buddhist Temple a good charity?
Based on the available financial data, Pho Minh Buddhist Temple appears to be a very good charity. It demonstrates strong financial health with stable assets and zero liabilities, and notably, no officer compensation, meaning all funds are directed to its mission and operations.
How does Pho Minh Buddhist Temple manage its expenses?
The temple generally manages its expenses well, with expenses often close to or slightly below revenue. For example, in 2021, expenses were $70,848 against $71,875 in revenue. There have been periods of deficit spending, such as in 2020 ($50,326 expenses vs. $34,584 revenue), but these appear to be managed without incurring liabilities.
What is the trend in Pho Minh Buddhist Temple's assets?
The temple's assets have shown a gradual decline over the past decade, from a high of $379,718 in 2012 to $303,232 in 2021. While a decline, the asset base remains substantial relative to its annual revenue, indicating continued financial stability.
Filing History
IRS 990 filing history for Pho Minh Buddhist Temple showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Pho Minh Buddhist Temple's revenue has declined by 52.5%, moving from $151K to $72K. Total assets decreased by 44% over the same period, from $542K to $303K. Total functional expenses fell by 46.2%, from $132K to $71K. In its most recent filing year (2021), Pho Minh Buddhist Temple reported a surplus of $1K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $72K | $71K | $303K | $0 | — | — |
| 2020 | $35K | $50K | $302K | $0 | — | — |
| 2019 | $63K | $83K | $316K | $0 | — | View 990 |
| 2018 | $72K | $73K | $336K | $0 | — | View 990 |
| 2017 | $70K | $82K | $338K | $0 | — | View 990 |
| 2016 | $56K | $86K | $349K | $0 | — | View 990 |
| 2015 | $66K | $63K | $357K | $0 | — | View 990 |
| 2014 | $65K | $83K | $355K | $0 | — | View 990 |
| 2013 | $75K | $71K | $373K | $0 | — | View 990 |
| 2012 | $214K | $105K | $380K | $0 | — | View 990 |
| 2011 | $151K | $132K | $542K | $80K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $72K, expenses of $71K, and assets of $303K (revenue +107.8% year-over-year).
- 2020: Revenue of $35K, expenses of $50K, and assets of $302K (revenue -45.4% year-over-year).
- 2019: Revenue of $63K, expenses of $83K, and assets of $316K (revenue -11.5% year-over-year).
- 2018: Revenue of $72K, expenses of $73K, and assets of $336K (revenue +1.9% year-over-year).
- 2017: Revenue of $70K, expenses of $82K, and assets of $338K (revenue +24.7% year-over-year).
- 2016: Revenue of $56K, expenses of $86K, and assets of $349K (revenue -14.6% year-over-year).
- 2015: Revenue of $66K, expenses of $63K, and assets of $357K (revenue +1.7% year-over-year).
- 2014: Revenue of $65K, expenses of $83K, and assets of $355K (revenue -13.4% year-over-year).
- 2013: Revenue of $75K, expenses of $71K, and assets of $373K (revenue -65.0% year-over-year).
- 2012: Revenue of $214K, expenses of $105K, and assets of $380K (revenue +41.6% year-over-year).
- 2011: Revenue of $151K, expenses of $132K, and assets of $542K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pho Minh Buddhist Temple:
Data Sources and Methodology
This transparency report for Pho Minh Buddhist 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.