Quan The Am Buddhist Temple Of Georgia Inc
Quan The Am Buddhist Temple Of Georgia Inc shows consistent asset growth and no reported officer compensation.
EIN: 208673202 · Norcross, GA · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $146K |
| Total Expenses | $66K |
| Program Spending | 85% |
| Net Assets | $494K |
| Transparency Score | 85/100 |
Is Quan The Am Buddhist Temple Of Georgia Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Quan The Am Buddhist Temple Of Georgia Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Quan The Am Buddhist Temple Of Georgia Inc
Quan The Am Buddhist Temple Of Georgia Inc (EIN: 208673202) is a nonprofit organization based in Norcross, GA, classified under NTEE code X20. The organization reported total revenue of $146K and total assets of $502K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Quan The Am Buddhist Temple Of Georgia Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Quan The Am Buddhist Temple Of Georgia Inc is a small nonprofit that has been operating for 12 years, with 7 years of IRS 990 filings on record (2015–2021). Revenue has grown at a compound annual rate of 16.7%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $146K |
| Total Expenses | $66K |
| Surplus / Deficit | +$81K |
| Total Assets | $502K |
| Total Liabilities | $9K |
| Net Assets | $494K |
| Operating Margin | 55.0% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 91.5 months |
Financial Health Grade: A
In 2021, Quan The Am Buddhist Temple Of Georgia Inc reported a surplus of $81K with revenue exceeding expenses, holds 91.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 7 years of filings (2015–2021), Quan The Am Buddhist Temple Of Georgia Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +0.5% | -4.9% | +19.1% |
| 2020 | +62.2% | +27.6% | +21.7% |
| 2019 | -64.7% | -28.3% | +14.1% |
| 2018 | +201.3% | +14.3% | +86.7% |
| 2017 | -14.8% | +171.9% | +56.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2014 |
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 Quan The Am Buddhist Temple Of Georgia Inc with a Mission Score of 85 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: 85%
- fundraising: 5%
According to IRS 990 filings, Quan The Am Buddhist Temple Of Georgia Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $81K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating either a fully volunteer-led executive team or that compensation is not categorized as such, which is a significant factor in its low expense ratio relative to revenue.
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.
Red Flags
The following concerns were identified during AI analysis of Quan The Am Buddhist Temple Of Georgia Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin) in provided data to fully assess spending efficiency.
Strengths
The following positive indicators were identified for Quan The Am Buddhist Temple Of Georgia Inc:
- Strong asset growth, increasing from $29,079 in 2015 to $502,250 in 2021.
- Very low liabilities relative to assets ($8,593 liabilities vs. $502,250 assets in 2021).
- Consistent reporting of 0% officer compensation, indicating efficient use of funds or volunteer leadership.
- Expenses consistently well below revenue, allowing for significant asset accumulation (e.g., $65,866 expenses vs. $146,422 revenue in 2021).
Frequently Asked Questions about Quan The Am Buddhist Temple Of Georgia Inc
Is Quan The Am Buddhist Temple Of Georgia Inc a legitimate charity?
Quan The Am Buddhist Temple Of Georgia Inc (EIN: 208673202) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 85/100. It has 7 years of IRS 990 filings on record. Total revenue: $146K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Quan The Am Buddhist Temple Of Georgia Inc spend its money?
Quan The Am Buddhist Temple Of Georgia Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Quan The Am Buddhist Temple Of Georgia Inc tax-deductible?
Quan The Am Buddhist Temple Of Georgia Inc is registered as a tax-exempt nonprofit (EIN: 208673202). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Quan The Am Buddhist Temple Of Georgia Inc's spending goes to programs?
Quan The Am Buddhist Temple Of Georgia Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Quan The Am Buddhist Temple Of Georgia Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Quan The Am Buddhist Temple Of Georgia Inc is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Quan The Am Buddhist Temple Of Georgia Inc located?
Quan The Am Buddhist Temple Of Georgia Inc is headquartered in Norcross, Georgia and files with the IRS under EIN 208673202. It is classified under NTEE code X20.
How many years of IRS 990 filings does Quan The Am Buddhist Temple Of Georgia Inc have?
Quan The Am Buddhist Temple Of Georgia Inc has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $146K in total revenue.
Is Quan The Am Buddhist Temple Of Georgia Inc financially stable?
Yes, the organization appears financially stable, with assets growing from $29,079 in 2015 to $502,250 in 2021, and liabilities remaining very low ($8,593 in 2021).
How does the organization manage executive compensation?
All available IRS 990 filings report 0% officer compensation, suggesting a volunteer-driven leadership or that executive compensation is not reported under this category.
Has the organization's revenue been consistent?
Revenue has fluctuated, with a peak of $254,574 in 2018 and $146,422 in 2021, but generally shows a stable base over time.
Filing History
IRS 990 filing history for Quan The Am Buddhist Temple Of Georgia Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2015–2021), Quan The Am Buddhist Temple Of Georgia Inc's revenue has grown by 152.3%, moving from $58K to $146K. Total assets increased by 1627.2% over the same period, from $29K to $502K. Total functional expenses rose by 127.5%, from $29K to $66K. In its most recent filing year (2021), Quan The Am Buddhist Temple Of Georgia Inc reported a surplus of $81K, with revenue exceeding expenses. The organization holds $9K in liabilities against $502K in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $494K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $146K | $66K | $502K | $9K | — | — |
| 2020 | $146K | $69K | $422K | $9K | — | — |
| 2019 | $90K | $54K | $346K | $10K | — | View 990 |
| 2018 | $255K | $76K | $304K | $2K | — | View 990 |
| 2017 | $84K | $66K | $163K | $40K | — | View 990 |
| 2016 | $99K | $24K | $104K | $0 | — | View 990 |
| 2015 | $58K | $29K | $29K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $146K, expenses of $66K, and assets of $502K (revenue +0.5% year-over-year).
- 2020: Revenue of $146K, expenses of $69K, and assets of $422K (revenue +62.2% year-over-year).
- 2019: Revenue of $90K, expenses of $54K, and assets of $346K (revenue -64.7% year-over-year).
- 2018: Revenue of $255K, expenses of $76K, and assets of $304K (revenue +201.3% year-over-year).
- 2017: Revenue of $84K, expenses of $66K, and assets of $163K (revenue -14.8% year-over-year).
- 2016: Revenue of $99K, expenses of $24K, and assets of $104K (revenue +70.9% year-over-year).
- 2015: Revenue of $58K, expenses of $29K, and assets of $29K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Quan The Am Buddhist Temple Of Georgia Inc:
Data Sources and Methodology
This transparency report for Quan The Am Buddhist Temple Of Georgia Inc 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.