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The Prasad Project Inc

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

EIN: 141751086 ✦ Ferndale, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Prasad Project Inc?

The Prasad Project Inc is a nonprofit organization situated in Ferndale, New York. Their primary mission is to uplift the quality of life and provide opportunities for self-reliance by collaborating with individuals in need and their communities. They accomplish this through various initiatives. One such initiative is Constituent Education, an educational program designed to enlighten the public about the activities and needs within the communities they serve. This program utilizes print and electronic newsletters, as well as regular website updates, to keep the public informed. Furthermore, The Prasad Project offers guidance and communication materials to support its licensees in their fundraising efforts. The organization employs a team of eight dedicated individuals.


Official website here: www.prasad.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 95% (Four-Star out of Four Star rating)

The Prasad Project Inc has achieved a remarkable 95% rating from Charity Navigator, indicating a strong commitment to transparency and effectiveness. The organization demonstrates exceptional financial accountability with a score of 100% in this category, alongside high ratings for its impact and evaluation processes. The Prasad Project's financial efficiency is underscored by an 87.35% program expense ratio, ensuring that a significant portion of funds directly supports its various initiatives.

User feedback consistently highlights the transformative impact of The Prasad Project's work, particularly in healthcare and community development in regions such as the Tansa Valley in India. Many reviews express deep appreciation for the organization's approach, citing experiences from eye camps and mobile health clinics, where individuals not only receive essential medical care but also experience compassion and respect. The ongoing commitment of volunteers and staff is praised, reinforcing a sense of community and dedication to uplifting those in need.

While the feedback is overwhelmingly positive, some users note the need for continuous support and awareness of the challenges faced by the communities they serve. However, the testimonials consistently reflect a shared belief in the organization's integrity and the effectiveness of its programs, making The Prasad Project a trusted choice for donors looking to make a meaningful difference.


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

What do the Facebook reviews say about The Prasad Project Inc?

96% of 30 reviewers on Facebook recommend The Prasad Project Inc. Here is a summary of their reviews:

The sentiments expressed indicate that the organization is making a significant impact on communities and humanity as a whole. Many reviewers commend the nonprofit for its dedicated efforts and commitment to addressing crucial needs at a grassroots level. The work being done is described as invaluable, highlighting a sense of respect and admiration for the team’s initiatives.

Overall, it’s clear that supporters appreciate the mission of The Prasad Project Inc., feeling inspired by their contribution to social betterment. The consistent praise underscores the nonprofit's effectiveness in fulfilling its commitments and positively influencing the lives of many.


This AI summary has been generated from reviews found on Facebook.

Is The Prasad Project Inc legitimate?

The Prasad Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Prasad Project Inc 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: $101,367
Professional Fundraising Fees: $0
Other Salaries and Wages: $126,823

For more financial information, click here


Official website here: www.prasad.org

What is the mission statement of The Prasad Project Inc?

The Prasad Project Inc's mission is centered around enhancing the quality of life and providing opportunities for self-reliance. They achieve this by collaborating with individuals in need and their communities. The organization's mission is to improve living conditions and foster self-sufficiency through mutual partnerships. As part of their efforts, they engage in constitutent education, enlightening the public about their activities and the needs within the served communities. This is done through regular newsletters and website updates. Furthermore, Prasad Project Inc supports its licensees by offering guidance and communication materials for fundraising purposes.


Official website here: www.prasad.org

Who is the CEO of The Prasad Project Inc?

Thomas Korula is the Co-Chair/Trustee of The Prasad Project Inc.


Official website here: www.prasad.org

What is the revenue of The Prasad Project Inc?

The Prasad Project Inc's revenue in 2022 was $709,018.


Official website here: www.prasad.org

Who are the executives of The Prasad Project Inc and what are their salaries?

The average compensation at The Prasad Project Inc during 2022 was $28,524. There are 8 employees and 7 volunteers at The Prasad Project Inc.


Here are 6 key members and their salaries:


Tom Korula (Co-Chair/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vivek Panchapakesan (Co-Chair/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jyotika Patel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harriette Cole (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Royce (Trustee/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Escarra (Assistant Secretary/Exec. Director)
  • Compensation: $77,812
  • Related: $0
  • Other: $33,306


Official website here: www.prasad.org

Where can I find the form 990 for The Prasad Project Inc?

The Prasad Project Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.prasad.org

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

Mission Statement of The Prasad Project Inc

The Prasad Project Inc, a nonprofit organization, is dedicated to improving the quality of life and providing opportunities for self-reliance. It achieves this mission by partnering with individuals in need and their communities. The organization believes in the power of collective efforts to bring about significant changes in people's lives.

One of the ways The Prasad Project Inc fulfills its mission is through constitutent education. This educational program aims to enlighten and educate the public about the activities and needs in the communities they serve. They achieve this by providing print and electronic newsletters, as well as updating their website regularly. Furthermore, the organization supports its licensees by offering guidance and communication materials for fundraising activities.

In essence, The Prasad Project Inc is committed to making a positive impact in people's lives by working together with them. Their mission is to foster self-reliance and improve the quality of life in the communities they serve, ultimately creating a more sustainable and empowered society.

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Impact




July, 2024

The Prasad Project Inc's impact is significant in improving the quality of life and fostering self-reliance in partnerships with communities in need. Through programs like Constituent Education, they enlighten and educate the public about community activities and needs, providing essential newsletters and website updates throughout the year. Their mission to empower individuals and communities resonates on an international scale, making a tangible difference in the lives of those they serve.




This information is meant to be a general summary of The Prasad Project Inc. 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
$709,018 (2022)
Expenses
$631,610 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $42,813
  • Gross Receipts: $3,171,536

Assets and Liabilities:

  • Total Assets: $3,428,671
  • Total Liabilities: $148,360
  • Net Assets: $3,280,311

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Organization Details

Founding Year

1992

Principal Officer

Thomas Korula

Main Address

PO BOX 576, FERNDALE, NY, 12734

NTEE Category

Code: Q300 - International

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