Vietnamese Sangha Congregation In America Phuoc Minh Monastery
EIN: 272340031 · Duson, LA · NTEE: X50
| Metric | Value |
|---|---|
| Total Revenue | $133K |
| Total Expenses | $509K |
| Net Assets | $1.2M |
Is Vietnamese Sangha Congregation In America Phuoc Minh Monastery Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Vietnamese Sangha Congregation In America Phuoc Minh Monastery
Vietnamese Sangha Congregation In America Phuoc Minh Monastery (EIN: 272340031) is a nonprofit organization based in Duson, LA, classified under NTEE code X50. The organization reported total revenue of $133K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vietnamese Sangha Congregation In America Phuoc Minh Monastery's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vietnamese Sangha Congregation In America Phuoc Minh Monastery is a small nonprofit that has been operating for 15 years, with 11 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 11.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $565K |
| Total Expenses | $509K |
| Surplus / Deficit | +$56K |
| Total Assets | $1.2M |
| Net Assets | $1.2M |
| Operating Margin | 9.9% |
| Months of Reserves | 28.3 months |
Financial Health Grade: A
In 2023, Vietnamese Sangha Congregation In America Phuoc Minh Monastery reported a surplus of $56K with revenue exceeding expenses, holds 28.3 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2010–2023), Vietnamese Sangha Congregation In America Phuoc Minh Monastery's revenue has grown at a compound annual growth rate (CAGR) of 11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +100.1% | +54.0% | +3.3% |
| 2022 | -45.0% | -29.7% | +27.5% |
| 2020 | +52.0% | +226.5% | +38.9% |
| 2019 | -7.0% | -27.8% | -0.3% |
| 2016 | +82.5% | +14.8% | +34.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Vietnamese Sangha Congregation In America Phuoc Minh Monastery 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 Vietnamese Sangha Congregation In America Phuoc Minh Monastery 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 surplus of $56K, with revenue exceeding expenses.
Frequently Asked Questions about Vietnamese Sangha Congregation In America Phuoc Minh Monastery
Is Vietnamese Sangha Congregation In America Phuoc Minh Monastery a legitimate charity?
Based on AI analysis of IRS 990 filings, Vietnamese Sangha Congregation In America Phuoc Minh Monastery (EIN: 272340031) insufficient data. 0 red flags identified, 0 strengths noted.
How does Vietnamese Sangha Congregation In America Phuoc Minh Monastery spend its money?
Detailed spending breakdown data is not yet available for Vietnamese Sangha Congregation In America Phuoc Minh Monastery. Check back for updated IRS 990 analysis.
Are donations to Vietnamese Sangha Congregation In America Phuoc Minh Monastery tax-deductible?
Vietnamese Sangha Congregation In America Phuoc Minh Monastery is registered as a tax-exempt nonprofit (EIN: 272340031). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Vietnamese Sangha Congregation In America Phuoc Minh Monastery located?
Vietnamese Sangha Congregation In America Phuoc Minh Monastery is headquartered in Duson, Louisiana and files with the IRS under EIN 272340031. It is classified under NTEE code X50.
How many years of IRS 990 filings does Vietnamese Sangha Congregation In America Phuoc Minh Monastery have?
Vietnamese Sangha Congregation In America Phuoc Minh Monastery has 11 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 $133K in total revenue.
Filing History
IRS 990 filing history for Vietnamese Sangha Congregation In America Phuoc Minh Monastery showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2023), Vietnamese Sangha Congregation In America Phuoc Minh Monastery's revenue has grown by 295.1%, moving from $143K to $565K. Total assets increased by 341.2% over the same period, from $272K to $1.2M. Total functional expenses rose by 260.3%, from $141K to $509K. In its most recent filing year (2023), Vietnamese Sangha Congregation In America Phuoc Minh Monastery reported a surplus of $56K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $565K | $509K | $1.2M | $0 | — | — |
| 2022 | $282K | $330K | $1.2M | $0 | — | View 990 |
| 2020 | $513K | $470K | $910K | $0 | — | — |
| 2019 | $338K | $144K | $655K | $0 | — | View 990 |
| 2016 | $363K | $199K | $657K | $0 | — | View 990 |
| 2015 | $199K | $174K | $487K | $0 | — | View 990 |
| 2014 | $261K | $255K | $368K | $0 | — | View 990 |
| 2013 | $300K | $296K | $352K | $0 | — | View 990 |
| 2012 | $177K | $167K | $369K | $142K | — | View 990 |
| 2011 | $125K | $110K | $287K | $158K | — | View 990 |
| 2010 | $143K | $141K | $272K | $163K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $565K, expenses of $509K, and assets of $1.2M (revenue +100.1% year-over-year).
- 2022: Revenue of $282K, expenses of $330K, and assets of $1.2M (revenue -45.0% year-over-year).
- 2020: Revenue of $513K, expenses of $470K, and assets of $910K (revenue +52.0% year-over-year).
- 2019: Revenue of $338K, expenses of $144K, and assets of $655K (revenue -7.0% year-over-year).
- 2016: Revenue of $363K, expenses of $199K, and assets of $657K (revenue +82.5% year-over-year).
- 2015: Revenue of $199K, expenses of $174K, and assets of $487K (revenue -23.9% year-over-year).
- 2014: Revenue of $261K, expenses of $255K, and assets of $368K (revenue -12.8% year-over-year).
- 2013: Revenue of $300K, expenses of $296K, and assets of $352K (revenue +69.1% year-over-year).
- 2012: Revenue of $177K, expenses of $167K, and assets of $369K (revenue +42.1% year-over-year).
- 2011: Revenue of $125K, expenses of $110K, and assets of $287K (revenue -12.6% year-over-year).
- 2010: Revenue of $143K, expenses of $141K, and assets of $272K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vietnamese Sangha Congregation In America Phuoc Minh Monastery:
Data Sources and Methodology
This transparency report for Vietnamese Sangha Congregation In America Phuoc Minh Monastery 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.