Wat Mongkolratanaram Of Fl Thai Buddhist Temple Interbay Area Fl
EIN: 592140316 · Tampa, FL
| Metric | Value |
|---|---|
| Total Revenue | $963K |
| Total Expenses | $959K |
| Net Assets | $3.5M |
Is Wat Mongkolratanaram Of Fl Thai Buddhist Temple Interbay Area Fl Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wat Mongkolratanaram Of Fl Thai Buddhist Temple Interbay Area Fl
Wat Mongkolratanaram Of Fl Thai Buddhist Temple Interbay Area Fl (EIN: 592140316) is a nonprofit organization based in Tampa, FL. The organization reported total revenue of $963K and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wat Mongkolratanaram Of Fl Thai Buddhist Temple Interbay Area Fl's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wat Mongkolratanaram Of Fl Thai Buddhist Temple Interbay Area Fl is a small nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $818K |
| Total Expenses | $959K |
| Surplus / Deficit | $-140,959 |
| Total Assets | $3.5M |
| Net Assets | $3.5M |
| Operating Margin | -17.2% |
| Months of Reserves | 43.2 months |
Financial Health Grade: B
In 2023, Wat Mongkolratanaram Of Fl Thai Buddhist Temple Interbay Area Fl reported a deficit of $141K with expenses exceeding revenue, holds 43.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Wat Mongkolratanaram Of Fl Thai Buddhist Temple Interbay Area Fl's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +43.6% | +37.7% | -3.9% |
| 2022 | +43.5% | +26.1% | -3.4% |
| 2021 | +27.1% | +25.2% | -4.9% |
| 2020 | -69.8% | -47.9% | -4.1% |
| 2019 | -4.6% | -11.3% | -1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wat Mongkolratanaram Of Fl Thai Buddhist Temple Interbay Area Fl 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 Wat Mongkolratanaram Of Fl Thai Buddhist Temple Interbay Area Fl 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 $141K, with expenses exceeding revenue.
Frequently Asked Questions about Wat Mongkolratanaram Of Fl Thai Buddhist Temple Interbay Area Fl
Is Wat Mongkolratanaram Of Fl Thai Buddhist Temple Interbay Area Fl a legitimate charity?
Wat Mongkolratanaram Of Fl Thai Buddhist Temple Interbay Area Fl (EIN: 592140316) is a registered tax-exempt nonprofit based in Florida. It has 13 years of IRS 990 filings on record. Total revenue: $963K. No red flags identified. Financial health grade: B.
How does Wat Mongkolratanaram Of Fl Thai Buddhist Temple Interbay Area Fl spend its money?
Wat Mongkolratanaram Of Fl Thai Buddhist Temple Interbay Area Fl reported $963K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wat Mongkolratanaram Of Fl Thai Buddhist Temple Interbay Area Fl tax-deductible?
Wat Mongkolratanaram Of Fl Thai Buddhist Temple Interbay Area Fl is registered as a tax-exempt nonprofit (EIN: 592140316). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wat Mongkolratanaram Of Fl Thai Buddhist Temple Interbay Area Fl located?
Wat Mongkolratanaram Of Fl Thai Buddhist Temple Interbay Area Fl is headquartered in Tampa, Florida and files with the IRS under EIN 592140316.
How many years of IRS 990 filings does Wat Mongkolratanaram Of Fl Thai Buddhist Temple Interbay Area Fl have?
Wat Mongkolratanaram Of Fl Thai Buddhist Temple Interbay Area Fl has 13 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 $963K in total revenue.
Filing History
IRS 990 filing history for Wat Mongkolratanaram Of Fl Thai Buddhist Temple Interbay Area Fl showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wat Mongkolratanaram Of Fl Thai Buddhist Temple Interbay Area Fl's revenue has declined by 2.8%, moving from $841K to $818K. Total assets decreased by 12.4% over the same period, from $3.9M to $3.5M. Total functional expenses rose by 52.5%, from $629K to $959K. In its most recent filing year (2023), Wat Mongkolratanaram Of Fl Thai Buddhist Temple Interbay Area Fl reported a deficit of $141K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $818K | $959K | $3.5M | $0 | — | View 990 |
| 2022 | $570K | $696K | $3.6M | $0 | — | — |
| 2021 | $397K | $552K | $3.7M | $0 | — | — |
| 2020 | $312K | $441K | $3.9M | $37K | — | View 990 |
| 2019 | $1.0M | $845K | $4.1M | $77K | — | View 990 |
| 2018 | $1.1M | $953K | $4.1M | $305K | — | View 990 |
| 2017 | $943K | $1.3M | $4.1M | $137K | — | View 990 |
| 2016 | $1.3M | $1.0M | $4.5M | $191K | — | View 990 |
| 2015 | $967K | $1.0M | $4.2M | $210K | — | View 990 |
| 2014 | $903K | $661K | $4.3M | $210K | — | View 990 |
| 2013 | $812K | $669K | $4.0M | $210K | — | View 990 |
| 2012 | $642K | $614K | $3.9M | $278K | — | View 990 |
| 2011 | $841K | $629K | $3.9M | $309K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $818K, expenses of $959K, and assets of $3.5M (revenue +43.6% year-over-year).
- 2022: Revenue of $570K, expenses of $696K, and assets of $3.6M (revenue +43.5% year-over-year).
- 2021: Revenue of $397K, expenses of $552K, and assets of $3.7M (revenue +27.1% year-over-year).
- 2020: Revenue of $312K, expenses of $441K, and assets of $3.9M (revenue -69.8% year-over-year).
- 2019: Revenue of $1.0M, expenses of $845K, and assets of $4.1M (revenue -4.6% year-over-year).
- 2018: Revenue of $1.1M, expenses of $953K, and assets of $4.1M (revenue +14.9% year-over-year).
- 2017: Revenue of $943K, expenses of $1.3M, and assets of $4.1M (revenue -29.9% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.0M, and assets of $4.5M (revenue +39.2% year-over-year).
- 2015: Revenue of $967K, expenses of $1.0M, and assets of $4.2M (revenue +7.0% year-over-year).
- 2014: Revenue of $903K, expenses of $661K, and assets of $4.3M (revenue +11.2% year-over-year).
- 2013: Revenue of $812K, expenses of $669K, and assets of $4.0M (revenue +26.6% year-over-year).
- 2012: Revenue of $642K, expenses of $614K, and assets of $3.9M (revenue -23.7% year-over-year).
- 2011: Revenue of $841K, expenses of $629K, and assets of $3.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wat Mongkolratanaram Of Fl Thai Buddhist Temple Interbay Area Fl:
Data Sources and Methodology
This transparency report for Wat Mongkolratanaram Of Fl Thai Buddhist Temple Interbay Area Fl 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.