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Intl Alumni Assn Of Shri Mahavir

Jain Vidyalaya Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 113097675 ✦ Fords, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Intl Alumni Assn Of Shri Mahavir?

The International Alumni Association of Shri Mahavir, also known as Jain Vidyalaya Inc, is a nonprofit organization situated at 47 Parsler PL, Fords, New Jersey 08863. Their primary focus is to support various educational institutions affiliated with the IAA of Shri Mahavir in Mumbai, Amdavad, India, and the United States. By providing financial assistance, they aim to enhance educational opportunities for students in these institutions.


Official website here: www.iaamjv.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 69% (Two-Star out of Four Star Rating)

The Intl Alumni Association of Shri Mahavir has received a rating of 69%, earning a Two-Star status. This score reflects concerns regarding the organization's accountability and transparency, particularly highlighted by the absence of essential financial statements and missing policies related to conflict of interest and whistleblower protections. However, the organization does have a strong commitment to having an independent board, with 100% independent members.

Strengths noted in the rating include a high program expense ratio of 97.94%, indicating that the majority of the charity's funds are directed toward its programs rather than administrative costs. Additionally, the organization shows no material diversion of assets, which is a positive indicator of financial integrity. The board's meetings are documented, showing some level of governance oversight.

Despite these strengths, the lack of key policies and financial disclosures raises questions about the organization's overall accountability practices. Effective nonprofit management typically includes comprehensive financial reporting and established policies to ensure transparency and ethical governance. Addressing these weaknesses could enhance the trust and confidence of potential donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Intl Alumni Assn Of Shri Mahavir legitimate?

Intl Alumni Assn Of Shri Mahavir is a legitimate nonprofit organization registered as a 501(c)(3) entity. Intl Alumni Assn Of Shri Mahavir submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.iaamjv.org

What is the mission statement of Intl Alumni Assn Of Shri Mahavir?

The International Alumni Association of Shri Mahavir's mission involves utilizing funds to aid various educational institutions in providing educational assistance. This mission is carried out by the association in multiple locations, including Mumbai and Amdavad in India, as well as in the United States. The primary objective is to support these educational institutions in their efforts to provide educational resources and opportunities to students. This assistance can potentially include scholarships, resources, and other forms of educational support. The association's activities are geared towards enhancing the educational experience and prospects for students.


Official website here: www.iaamjv.org

Who is the CEO of Intl Alumni Assn Of Shri Mahavir?

Vasant Shah is the President of Intl Alumni Assn Of Shri Mahavir.


Official website here: www.iaamjv.org

What is the revenue of Intl Alumni Assn Of Shri Mahavir?

Intl Alumni Assn Of Shri Mahavir's revenue in 2022 was $497,106.


Official website here: www.iaamjv.org

Who are the executives of Intl Alumni Assn Of Shri Mahavir and what are their salaries?


Here are 5 key members and their salaries:


Arvind Shah (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hitesh Shah (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chandrakant G Vora (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vasant Shah (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mayur Gandhi (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.iaamjv.org

Where can I find the form 990 for Intl Alumni Assn Of Shri Mahavir?

Intl Alumni Assn Of Shri Mahavir's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.iaamjv.org

Learn more at the official website: www.iaamjv.org

Mission Statement of Intl Alumni Assn Of Shri Mahavir

The International Alumni Association of Shri Mahavir, in its mission, utilizes its funds to aid various educational institutions. This nonprofit organization's primary objective is to provide educational assistance to these institutions, thereby contributing to the overall educational sector. The International Alumni Association of Shri Mahavir, with trusts in Mumbai, Amdavad, India, and the United States, plays a significant role in this endeavor. By channeling its funds towards these institutions, it strives to foster learning and development opportunities for numerous individuals.

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Impact




July, 2024

The Intl Alumni Assn Of Shri Mahavir's impact lies in its support of various educational institutions by providing educational assistance. With funds allocated to institutions like IAA of SMJC trust in Mumbai and Ahmedabad, India, as well as in the USA, this organization plays a crucial role in fostering education. Through its commitment to helping students gain access to educational resources and opportunities, the impact of the Intl Alumni Assn Of Shri Mahavir is significant and far-reaching.




This information is meant to be a general summary of Intl Alumni Assn Of Shri Mahavir. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$497,106 (2022)
Expenses
$338,110 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $62,919
  • Gross Receipts: $517,173

Assets and Liabilities:

  • Total Assets: $3,764,606
  • Total Liabilities: $0
  • Net Assets: $3,764,606

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Organization Details

Founding Year

1991

Principal Officer

Vasant Shah

Main Address

47 Parsler PL, Fords, NJ, 08863

NTEE Category

Code: Q99Z - International

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