Overview
What is Marathi Vishwa Inc?
Marathi Vishwa Inc is a nonprofit organization situated in Keyport, New Jersey. Their primary focus lies in preserving and enriching the cultural heritage of the Marathi community, both young and old. They achieve this by organizing two annual social events during significant Indian festivals. Beyond celebrations, Marathi Vishwa Inc also extends its reach to academic excellence and community service. They offer scholarships to encourage academic performance and community engagement. Additionally, the organization supports initiatives to assist community members with special needs, demonstrating a commitment to inclusivity and holistic support.
Official website here: www.marathivishwa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating. This indicates that Marathi Vishwa Inc has a strong focus on accountability and finance, achieving a score of 83% in these areas. The organization demonstrates effective financial management, which is crucial for building trust with donors and stakeholders.
The strengths of Marathi Vishwa Inc include a fully independent board with a size of 11 members, indicating robust governance. The organization has also maintained no material diversion of assets and has a favorable liabilities to assets ratio of 9.72%. Furthermore, it allocates a significant portion of its resources to program expenses, with a ratio of 71.03%, showcasing commitment to its mission.
However, there are some noted limitations. The absence of conflict of interest and whistleblower policies could raise concerns about governance practices. Addressing these issues would enhance the organization's accountability and overall transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Marathi Vishwa Inc legitimate?
Marathi Vishwa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marathi Vishwa 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
Official website here: www.marathivishwa.org
What is the mission statement of Marathi Vishwa Inc?
Marathi Vishwa Inc's mission is centered around promoting social and cultural heritage within their community. This is achieved through various community programs. The organization also offers scholarships to encourage academic excellence and community service. Additionally, they aim to assist individuals with special needs by funding relevant programs. Two annual social events during major Indian festivals are arranged to enrich the cultural heritage for both the younger and older generations within the community.
Official website here: www.marathivishwa.org
Who is the CEO of Marathi Vishwa Inc?
Mandar Kelkar is the President of Marathi Vishwa Inc.
Official website here: www.marathivishwa.org
What is the revenue of Marathi Vishwa Inc?
Marathi Vishwa Inc's revenue in 2022 was $73,787.
Official website here: www.marathivishwa.org
Who are the executives of Marathi Vishwa Inc and what are their salaries?
There 50 volunteers at Marathi Vishwa Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.marathivishwa.org
Where can I find the form 990 for Marathi Vishwa Inc?
Marathi Vishwa Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.marathivishwa.org
Learn more at the official website: www.marathivishwa.org
Mission Statement of Marathi Vishwa Inc
Marathi Vishwa Inc, a nonprofit organization, is dedicated to promoting and preserving social and cultural heritage within its community. It achieves this through various community programs. One of its primary missions is to offer scholarships, fostering academic excellence and encouraging community service among its members. Furthermore, the organization seeks to assist individuals with special needs by funding appropriate programs.
Beyond its educational and financial support, Marathi Vishwa Inc organizes two annual social events during major Indian festivals. These events serve to enrich the cultural heritage for both the younger and older generations within the community. By doing so, the organization aims to bring people together, fostering a sense of unity and shared identity. In this way, Marathi Vishwa Inc contributes to the enrichment and preservation of its community's cultural heritage.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Marathi Vishwa Inc has a significant impact on promoting social and cultural heritage among the Marathi community in Keyport, NJ. Through their community programs and scholarships, they actively promote academic excellence and community service within their community. Additionally, their efforts to fund programs for individuals with special needs demonstrate a commitment to inclusivity and support for all members of the community. By organizing two annual social events during major Indian festivals, Marathi Vishwa Inc enriches the cultural heritage of both younger and older generations, fostering a sense of unity and connection within the community.
This information is meant to be a general summary of Marathi Vishwa 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: -$45,480
- Gross Receipts: $114,947
Assets and Liabilities:
- Total Assets: $927,003
- Total Liabilities: $90,188
- Net Assets: $836,815
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CULTURAL EVENTS
Organization Details
Founding Year
1978
Principal Officer
Mandar Kelkar
Main Address
95 W FRONT STREET 63, KEYPORT, NJ, 07735
Website
www.marathivishwa.orgNTEE Category
Code: A23 - Arts
If you are a representative of Marathi Vishwa Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.