Overview
What is Nessp Inc?
Nessp Inc, located in Groton, Massachusetts, is a Buddhist-focused nonprofit organization. Their primary objective is to provide religious programs, discourses, and services to their community. Through a variety of initiatives, Nessp Inc aims to promote spiritual growth and understanding within the Buddhist faith. The organization's mission is deeply rooted in religious activities, offering opportunities for spiritual enrichment and community engagement.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: Two-Star out of Four Stars (65%)
Nessp Inc has received a Two-Star rating from Charity Navigator, reflecting a moderate level of performance in accountability and finance. The organization's strengths include a high program expense ratio and a strong liabilities to assets ratio, indicating a focus on fulfilling its mission effectively while maintaining financial health. However, the overall score is significantly impacted by the absence of critical financial documentation and policies, which raises concerns about transparency.
The charity's governance structure appears robust with all board members being independent, which is a positive aspect for oversight. However, the lack of essential policies such as conflict of interest and whistleblower protections diminishes confidence in its operational integrity. Additionally, missing financial statements and public documents, including meeting minutes and tax forms, highlight gaps in the organization's commitment to transparency.
Overall, while Nessp Inc demonstrates some strong financial metrics and governance practices, the significant shortcomings in documentation and policy implementation suggest a need for improvement to enhance accountability and public trust. Addressing these issues may help the nonprofit to achieve a better rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Nessp Inc legitimate?
Nessp Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nessp 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:
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Other Salaries and Wages: $208,584
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What is the mission statement of Nessp Inc?
Nessp Inc, as a Buddhist nonprofit organization, is dedicated to providing religious programs, discourses, and services. Its mission is centered around fostering spiritual growth and understanding through various religious activities. The organization focuses on delivering enlightening discourses and organizing religious services, aiming to enrich the spiritual lives of its community members.
Who is the CEO of Nessp Inc?
Siva Kandukuri is the President of Nessp Inc.
What is the revenue of Nessp Inc?
Nessp Inc's revenue in 2022 was $1,886,823.
Who are the executives of Nessp Inc and what are their salaries?
The average compensation at Nessp Inc during 2022 was $29,798. There are 7 employees and 300 volunteers at Nessp Inc.
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Where can I find the form 990 for Nessp Inc?
Nessp Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nessp Inc
Nessp Inc, a Buddhist nonprofit organization, is dedicated to providing religious programs, discourses, and services. Their mission is centered around fostering a spiritual environment where individuals can engage in religious activities, listen to enlightening discourses, and receive religious services. By offering these religious offerings, Nessp Inc seeks to contribute to the spiritual growth and well-being of its community.
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Impact
October, 2024
Nessp Inc plays a significant role in fostering spiritual growth and community engagement through its various religious programs, discourses, and services. Located in Groton, MA, it serves as a hub for Buddhist practices, offering a space where individuals can come together to explore and deepen their understanding of Buddhist teachings.
By hosting regular discussions and events, Nessp Inc provides a platform for education and dialogue around spiritual matters, promoting inclusivity and understanding within the community. Its initiatives encourage individuals to connect with their inner selves and with others who share similar values and beliefs, fostering a sense of belonging and support.
Nessp Inc's impact is further amplified through outreach programs that aim to make Buddhist teachings accessible to a wider audience, thereby enriching the cultural and spiritual landscape of the area. Through its dedication to service and education, the organization plays a vital role in nurturing a more compassionate and informed community.
This information is meant to be a general summary of Nessp 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $449
- Gross Receipts: $1,904,566
Assets and Liabilities:
- Total Assets: $12,292,662
- Total Liabilities: $5,563,668
- Net Assets: $6,728,994
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Organization Details
Founding Year
2006
Phone
(978) 394-4630Principal Officer
Siva Kandukuri
Main Address
99 SHIRDI WAY, GROTON, MA, 01450
NTEE Category
Code: X99 - Religion related
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