Wat Lao Khantidhammaram
Wat Lao Khantidhammaram maintains zero liabilities and no officer compensation, with fluctuating but generally positive net assets.
EIN: 134218937 · Las Vegas, NV · NTEE: X50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $78K |
| Total Expenses | $89K |
| Program Spending | 90% |
| Net Assets | $171K |
| Transparency Score | 90/100 |
Is Wat Lao Khantidhammaram Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wat Lao Khantidhammaram directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wat Lao Khantidhammaram
Wat Lao Khantidhammaram (EIN: 134218937) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code X50. The organization reported total revenue of $78K and total assets of $224K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wat Lao Khantidhammaram's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wat Lao Khantidhammaram is a micro nonprofit that has been operating for 21 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $101K |
| Total Expenses | $89K |
| Surplus / Deficit | +$12K |
| Total Assets | $171K |
| Net Assets | $171K |
| Operating Margin | 11.6% |
| Months of Reserves | 23.0 months |
Financial Health Grade: A
In 2023, Wat Lao Khantidhammaram reported a surplus of $12K with revenue exceeding expenses, holds 23.0 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2023), Wat Lao Khantidhammaram's revenue has grown at a compound annual growth rate (CAGR) of 15.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -59.7% | -46.5% | +7.4% |
| 2022 | +74.0% | +44.9% | +110.9% |
| 2021 | +172.7% | +160.0% | +131.4% |
| 2019 | -0.1% | -18.0% | +78.0% |
| 2017 | -43.1% | -43.9% | -95.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7210 |
| IRS Ruling Date | 2005 |
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 Wat Lao Khantidhammaram with a Mission Score of 90 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, Wat Lao Khantidhammaram 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $12K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size.
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 Wat Lao Khantidhammaram's IRS 990 filings:
- Fluctuating revenue streams, which could indicate reliance on inconsistent donations or events.
Strengths
The following positive indicators were identified for Wat Lao Khantidhammaram:
- Consistently reports zero liabilities, indicating strong financial health.
- 0% officer compensation across all filings, demonstrating high spending efficiency.
- Positive net asset growth from $32,550 in 2019 to $170,550 in 2023.
- Consistent IRS 990 filing history, indicating good transparency.
Frequently Asked Questions about Wat Lao Khantidhammaram
Is Wat Lao Khantidhammaram a legitimate charity?
Based on AI analysis of IRS 990 filings, Wat Lao Khantidhammaram (EIN: 134218937) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Wat Lao Khantidhammaram spend its money?
Wat Lao Khantidhammaram directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wat Lao Khantidhammaram tax-deductible?
Wat Lao Khantidhammaram is registered as a tax-exempt nonprofit (EIN: 134218937). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Wat Lao Khantidhammaram compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Wat Lao Khantidhammaram is above average for NTEE category X50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wat Lao Khantidhammaram located?
Wat Lao Khantidhammaram is headquartered in Las Vegas, Nevada and files with the IRS under EIN 134218937. It is classified under NTEE code X50.
How many years of IRS 990 filings does Wat Lao Khantidhammaram have?
Wat Lao Khantidhammaram 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 $78K in total revenue.
Is Wat Lao Khantidhammaram a good charity?
Based on the available financial data, Wat Lao Khantidhammaram appears to be a well-managed organization. It consistently reports zero liabilities, no officer compensation, and has shown growth in assets from $75,309 in 2021 to $170,550 in 2023, indicating financial stability and efficient use of funds.
How has the organization's revenue trended?
Revenue has fluctuated significantly, from a low of $26,687 in 2012 to a peak of $249,793 in 2022, before decreasing to $100,755 in 2023. This suggests variability in its funding sources.
What is the organization's financial health regarding liabilities?
The organization consistently reports $0 in liabilities across all available filings, which is an excellent indicator of strong financial health and minimal financial risk.
How does the organization manage its administrative costs?
Wat Lao Khantidhammaram reports 0% officer compensation in all filings, suggesting very low administrative overhead, with leadership likely serving in a volunteer capacity or compensated through non-officer roles.
Has the organization's asset base grown?
Yes, after a period of decline from 2016 to 2019, assets have shown significant growth from $32,550 in 2019 to $170,550 in 2023, indicating a positive trend in accumulating resources.
Filing History
IRS 990 filing history for Wat Lao Khantidhammaram showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Wat Lao Khantidhammaram's revenue has grown by 464.3%, moving from $18K to $101K. Total assets decreased by 51.7% over the same period, from $353K to $171K. Total functional expenses rose by 188.8%, from $31K to $89K. In its most recent filing year (2023), Wat Lao Khantidhammaram reported a surplus of $12K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $101K | $89K | $171K | $0 | — | — |
| 2022 | $250K | $166K | $159K | $0 | — | — |
| 2021 | $144K | $115K | $75K | $0 | — | — |
| 2019 | $53K | $44K | $33K | $0 | — | View 990 |
| 2017 | $53K | $54K | $18K | $0 | — | View 990 |
| 2016 | $93K | $96K | $363K | $239K | — | View 990 |
| 2015 | $67K | $72K | $365K | $241K | — | View 990 |
| 2014 | $70K | $62K | $372K | $244K | — | View 990 |
| 2013 | $36K | $26K | $368K | $247K | — | View 990 |
| 2012 | $27K | $20K | $360K | $226K | — | View 990 |
| 2011 | $18K | $31K | $353K | $226K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $101K, expenses of $89K, and assets of $171K (revenue -59.7% year-over-year).
- 2022: Revenue of $250K, expenses of $166K, and assets of $159K (revenue +74.0% year-over-year).
- 2021: Revenue of $144K, expenses of $115K, and assets of $75K (revenue +172.7% year-over-year).
- 2019: Revenue of $53K, expenses of $44K, and assets of $33K (revenue -0.1% year-over-year).
- 2017: Revenue of $53K, expenses of $54K, and assets of $18K (revenue -43.1% year-over-year).
- 2016: Revenue of $93K, expenses of $96K, and assets of $363K (revenue +37.3% year-over-year).
- 2015: Revenue of $67K, expenses of $72K, and assets of $365K (revenue -3.0% year-over-year).
- 2014: Revenue of $70K, expenses of $62K, and assets of $372K (revenue +91.7% year-over-year).
- 2013: Revenue of $36K, expenses of $26K, and assets of $368K (revenue +35.9% year-over-year).
- 2012: Revenue of $27K, expenses of $20K, and assets of $360K (revenue +49.5% year-over-year).
- 2011: Revenue of $18K, expenses of $31K, and assets of $353K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wat Lao Khantidhammaram:
Data Sources and Methodology
This transparency report for Wat Lao Khantidhammaram 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.