Overview
What is The University Of The Seven Rays?
The University of The Seven Rays is a nonprofit organization situated in Phoenix, Arizona, with a primary focus on expanding individuals' knowledge in the realms of psychology and philosophy. Their mission lies in making their educational programs accessible worldwide through the Internet, thereby catering to a global audience. The university offers a comprehensive curriculum and grants diploma certification upon course completion. Despite its physical location, it serves as a beacon of learning for individuals seeking to broaden their perspectives in these disciplines, transcending geographical boundaries through online learning.
Official website here: www.sevenray.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1-Star out of Four Stars (59%)
The University Of The Seven Rays has received a one-star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and transparency. With a score of 59%, the organization has not met the threshold for a more favorable rating, particularly due to its lack of independent board members, which raises questions about governance and oversight.
Despite some positive indicators such as a strong material diversion of assets score and a solid liabilities to assets ratio, the nonprofit's overall financial health is questioned. Its program expense ratio of 55.94% suggests that a substantial part of its expenses may not be directly supporting its mission, which could be a concern for potential donors and stakeholders looking for effective use of contributions.
On a positive note, the organization has established various policies, including those for conflict of interest and whistleblower protections, which are vital for operational integrity. However, the absence of independent board members and the relatively low program expense ratio remain critical limitations that may impact trust and support from the public.
This AI summary has been generated from information found on Charity Navigator.
Is The University Of The Seven Rays legitimate?
The University Of The Seven Rays is a legitimate nonprofit organization registered as a 501(c)(3) entity. The University Of The Seven Rays submitted a form 990EZ, 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.sevenray.org
What is the mission statement of The University Of The Seven Rays?
The University of The Seven Rays, a global institution offering continuing education, is dedicated to enriching individuals' knowledge in psychology and philosophy. Its mission is to provide accessible learning opportunities via the internet, making its curriculum beneficial to a worldwide audience. Upon completing its courses, individuals can receive diploma certification. Although based in Phoenix, Arizona, the university extends its reach beyond its location, catering to learners globally through online education.
Official website here: www.sevenray.org
What is the revenue of The University Of The Seven Rays?
The University Of The Seven Rays's revenue in 2023 was $94,278.
Official website here: www.sevenray.org
Who are the executives of The University Of The Seven Rays and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $37,498
- Related: $0
- Other: $0
Official website here: www.sevenray.org
Where can I find the form 990EZ for The University Of The Seven Rays?
The University Of The Seven Rays's most recent form 990EZ was submitted in 2023 and can be accessed here.
Official website here: www.sevenray.org
Learn more at the official website: www.sevenray.org
Mission Statement of The University Of The Seven Rays
The University of The Seven Rays, a globally reaching nonprofit organization, is committed to providing continuing education in the realms of psychology and philosophy. Its mission is to make its curriculum accessible to individuals worldwide through online learning platforms. This educational institution offers diploma certification upon the successful completion of its courses, thereby broadening the understanding and knowledge base of its diverse student body. The University of The Seven Rays is not bound by a specific location, enabling it to cater to a global audience, thereby breaking down geographical barriers to education in its specialized fields.
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Impact
August, 2024
The University of The Seven Rays has made a significant impact by providing accessible continuing education programs in psychology and philosophy to individuals worldwide. By offering its curriculum online, the university has been able to reach a global audience and broaden the knowledge and understanding of its students. Through its diploma certification, the university has also helped individuals advance their careers and personal development. Overall, The University of The Seven Rays has played a crucial role in facilitating lifelong learning and intellectual growth for individuals seeking to enhance their knowledge in these fields.
This information is meant to be a general summary of The University Of The Seven Rays. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Gross Receipts: $94,278
Assets and Liabilities:
- Total Assets: $130,471
- Total Liabilities: $128,111
- Net Assets: $2,360
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Organization Details
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