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Arpan Foundation Inc

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

EIN: 205593243 ✦ Diamond bar, CA ✦ Designated as a 501(c)(3)

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Overview

What is Arpan Foundation Inc?

Arpan Foundation Inc, based in Diamond Bar, California, is a nonprofit organization that is deeply committed to uplifting underprivileged children. They achieve this by supporting grassroots organizations in developing countries, providing them with the resources necessary to deliver education, healthcare, and various humanitarian services. By backing these local initiatives, Arpan Foundation Inc contributes to the betterment of underprivileged communities, thereby fostering a brighter future for numerous children worldwide.

What are the reviews and ratings of this charity?

Charity Navigator rating: 1 Star (50%)

Arpan Foundation Inc has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization lacks independent board members and essential governance policies, such as a conflict of interest and whistleblower policy. These shortcomings suggest potential deficiencies in oversight and transparency, which are critical for donor confidence.

Despite these issues, user reviews on Great Nonprofits reflect a strong positive sentiment towards Arpan Foundation. Many donors and volunteers commend the organization's commitment to ensuring that 100% of donations reach the intended beneficiaries without any administrative deductions. Reviewers appreciate the transparency of the foundation and express high confidence in its operations, often highlighting the personal involvement and dedication of its founders, Anand and Parag Karia.

However, the contrasting ratings from Charity Navigator and user feedback suggest a complex picture. While many individuals believe in the integrity and mission of Arpan Foundation, the lack of formal governance and accountability measures raises important questions for potential donors. It is vital for the organization to address these areas to enhance its credibility and operational effectiveness moving forward.


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

Is Arpan Foundation Inc legitimate?

Arpan Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arpan Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Arpan Foundation Inc?

The Arpan Foundation Inc's mission is focused on supporting grassroots organizations that offer essential services to underprivileged individuals in developing countries. These services encompass education, healthcare, and various other humanitarian aid. By backing these grassroots organizations, the foundation aims to contribute to the betterment of lives in these communities. Furthermore, the foundation extends its support to institutions providing education to underprivileged children, thereby promoting education as a key tool for empowerment and development.

Who is the CEO of Arpan Foundation Inc?

Parag Karia is the Chairman of Arpan Foundation Inc.

What is the revenue of Arpan Foundation Inc?

Arpan Foundation Inc's revenue in 2022 was $1,416,874.

Who are the executives of Arpan Foundation Inc and what are their salaries?

There 5 volunteers at Arpan Foundation Inc.


Here are 2 key members and their salaries:


Parag Karia (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Purnima Karia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Arpan Foundation Inc?

Arpan Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Arpan Foundation Inc

Arpan Foundation Inc, a nonprofit organization, is committed to supporting grassroots institutions that provide essential services to underprivileged individuals in developing countries. Their mission revolves around advocating for and funding organizations that offer education, healthcare, and various humanitarian aid. By doing so, Arpan Foundation Inc aims to improve the living conditions and opportunities of those who are less fortunate, thereby contributing to a more equitable world.

In particular, Arpan Foundation Inc focuses on supporting educational institutions that cater to underprivileged children. By providing these institutions with the necessary resources, the foundation helps ensure that these children have access to quality education, which is a critical factor in breaking the cycle of poverty. Through its mission, Arpan Foundation Inc is making a significant impact in developing countries, empowering individuals and communities to build a better future for themselves.

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Impact




October, 2024

Arpan Foundation Inc significantly impacts the lives of underprivileged individuals in developing countries by supporting grassroots organizations focused on education, healthcare, and other essential humanitarian services. By providing resources and assistance to institutions dedicated to educating underprivileged children, the foundation helps foster learning opportunities that can transform lives and communities. Their commitment to improving access to education and healthcare contributes to breaking the cycle of poverty, empowering individuals, and promoting overall community development. Through these efforts, Arpan Foundation Inc plays a crucial role in enhancing the quality of life for those in need, ensuring that vital services are accessible to those who need them most.




This information is meant to be a general summary of Arpan Foundation 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
$1,416,874 (2022)
Expenses
$1,289,165 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,434
  • Gross Receipts: $1,757,815

Assets and Liabilities:

  • Total Assets: $1,223,419
  • Total Liabilities: $0
  • Net Assets: $1,223,419

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Organization Details

Founding Year

2006

Principal Officer

Parag Karia

Main Address

556 N Diamond Bar Blvd Ste 201-B, Diamond Bar, CA, 91765

NTEE Category

Code: B92 - Education

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