Overview
What is Prashanthi Charitable Services A Nj Nonprofit Corp?
Prashanthi Charitable Services A NJ Nonprofit Corp is a charitable organization located at 16 Dolores Drive, Edison, New Jersey. Their primary mission is to provide financial assistance to various charitable institutions such as the Red Cross, hospitals, and schools. This nonprofit aims to help underprivileged and financially struggling individuals by donating to these institutions. The organization, named Prashanthi Charity, operates with a commitment to making a positive impact in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating. Prashanthi Charitable Services demonstrates a solid commitment to accountability and finance with a score of 73. The organization shows strong governance practices, with 100% of its board members being independent and a total of three independent members serving on the board. This level of independence contributes positively to the organization's accountability.
One of the notable strengths of Prashanthi Charitable Services is its effective use of funds, reflected in a high program expense ratio of 98.91%, indicating that a significant majority of its expenditures are directed towards its charitable programs. The organization also maintains a favorable liabilities to assets ratio of 7.73%, showcasing a sound financial position with manageable debt levels.
However, despite its strengths, the organization has received a Two-Star rating, suggesting there may be areas for improvement in its overall performance. While the accountability and financial metrics are solid, potential donors and stakeholders may want to consider seeking additional information regarding the impact and effectiveness of its programs to ensure that it meets their philanthropic goals.
This AI summary has been generated from information found on Charity Navigator.
Is Prashanthi Charitable Services A Nj Nonprofit Corp legitimate?
Prashanthi Charitable Services A Nj Nonprofit Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prashanthi Charitable Services A Nj Nonprofit Corp 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 Prashanthi Charitable Services A Nj Nonprofit Corp?
Prashanthi Charitable Services, as a nonprofit organization, is dedicated to extending financial aid to charitable institutions such as the Red Cross, hospitals, and schools. Their primary goal is to assist the underprivileged and needy individuals within these communities. By donating to these institutions, they aim to contribute to the betterment of these people's lives, providing them with essential resources like healthcare, education, and necessary facilities.
Who is the CEO of Prashanthi Charitable Services A Nj Nonprofit Corp?
Amul Patel is the President/Secreatry of Prashanthi Charitable Services A Nj Nonprofit Corp.
What is the revenue of Prashanthi Charitable Services A Nj Nonprofit Corp?
Prashanthi Charitable Services A Nj Nonprofit Corp's revenue in 2022 was $174,375.
Who are the executives of Prashanthi Charitable Services A Nj Nonprofit Corp and what are their salaries?
There 25 volunteers at Prashanthi Charitable Services A Nj Nonprofit Corp.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Prashanthi Charitable Services A Nj Nonprofit Corp?
Prashanthi Charitable Services A Nj Nonprofit Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Prashanthi Charitable Services A Nj Nonprofit Corp
Prashanthi Charitable Services, a nonprofit organization, is dedicated to extending aid to charitable institutions such as the Red Cross, hospitals, and schools. Their mission lies in providing assistance to those in need, specifically the impoverished individuals in the society. By donating to these institutions, Prashanthi Charitable Services aims to contribute to the betterment of underprivileged communities, ensuring they have access to essential resources like healthcare and education.
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Impact
October, 2024
Prashanthi Charitable Services actively contributes to the well-being of communities by providing essential financial support to various charitable institutes such as the Red Cross, hospitals, and schools. This initiative directly aids poor and needy individuals, enhancing their access to critical resources and services. By focusing on donations that bolster healthcare, education, and emergency relief, Prashanthi Charitable Services fosters a more equitable environment for those facing hardship. Their impact is felt in improved health outcomes, educational opportunities, and overall community resilience in Edison, NJ, and beyond.
This information is meant to be a general summary of Prashanthi Charitable Services A Nj Nonprofit Corp. 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: $392
- Gross Receipts: $174,375
Assets and Liabilities:
- Total Assets: $683,321
- Total Liabilities: $52,862
- Net Assets: $630,459
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Organization Details
Founding Year
2007
Phone
(732) 447-8515Principal Officer
Amul Patel
Main Address
16 DOLORES DRIVE, EDISON, NJ, 08817
NTEE Category
Code: B12 - Education
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