Overview
What is Telugu Fine Arts Society?
The Telugu Fine Arts Society is a nonprofit organization that aims to preserve and promote Indian culture, literature, arts, and music. Its primary goal is to educate the younger generation about their robust culture and abundant heritage. The society also extends its support to those in need. Their endeavors encompass various programs that cover related expenses and income. By doing so, the Telugu Fine Arts Society contributes to the enrichment of Indian culture and heritage, passing it down to future generations.
Official website here: www.tfasnj.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%
The Telugu Fine Arts Society has received a One-Star out of Four Star rating from Charity Navigator due to its overall score of 56%. While the organization demonstrates a strong commitment to program expenses, with an impressive program expense ratio of 84.67%, it notably lacks in governance and transparency measures. The absence of independent board members and missing policies regarding conflicts of interest and whistleblowers raise concerns about accountability.
The financial management appears sound, with a low liabilities to assets ratio of 6.37%, indicating that the organization is not heavily burdened by debt. However, the lack of an independent board and failure to post key documents like their tax forms on their website may hinder public trust and stakeholder confidence.
In conclusion, while the Telugu Fine Arts Society effectively directs a significant portion of its resources towards its programs, its governance structure and transparency practices require substantial improvement to enhance accountability and foster trust with its supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Telugu Fine Arts Society legitimate?
Telugu Fine Arts Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Telugu Fine Arts Society 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.tfasnj.org
What is the mission statement of Telugu Fine Arts Society?
The Telugu Fine Arts Society is committed to promoting and preserving Indian culture, literature, arts, and music. Its primary objective is to educate the younger generation about their strong cultural heritage. The society also extends its support to those in need within the community. Its mission is twofold: to promote Indian arts and literature and to educate the younger generation about their rich cultural heritage, while also providing aid to those in need. The society's activities include various programs that aim to achieve these objectives, which contribute to program-related expenses and income.
Official website here: www.tfasnj.org
Who is the CEO of Telugu Fine Arts Society?
Srinivas Cheruvu is the President of Telugu Fine Arts Society.
Official website here: www.tfasnj.org
What is the revenue of Telugu Fine Arts Society?
Telugu Fine Arts Society's revenue in 2022 was $80,100.
Official website here: www.tfasnj.org
Who are the executives of Telugu Fine Arts Society and what are their salaries?
There 110 volunteers at Telugu Fine Arts Society.
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.tfasnj.org
Where can I find the form 990 for Telugu Fine Arts Society?
Telugu Fine Arts Society's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tfasnj.org
Learn more at the official website: www.tfasnj.org
Mission Statement of Telugu Fine Arts Society
Telugu Fine Arts Society is dedicated to preserving and promoting Indian culture, literature, arts, and music. Their primary focus is on educating the younger generation about their rich heritage, instilling a sense of pride in their strong culture. The society also extends its support to those in need, demonstrating a commitment to community service. By organizing programs and events, Telugu Fine Arts Society aims to engage individuals in celebrating their roots and fostering a deeper appreciation for Indian traditions.
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
Telugu Fine Arts Society plays a vital role in promoting Indian culture, literature, arts, and music in the community. By focusing on educating the younger generation about their heritage and supporting those in need, the society actively contributes to preserving and celebrating our rich cultural traditions. Through its programs and initiatives, Telugu Fine Arts Society creates a platform for cultural exchange and learning, enriching the lives of both participants and audiences. Its impact resonates not only within the local community in Hillsborough, NJ but also in the wider cultural landscape, making a meaningful contribution to the preservation and promotion of Indian arts and heritage.
This information is meant to be a general summary of Telugu Fine Arts Society. 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: $11,931
- Program Service Revenue: $1
- Gross Receipts: $80,100
Assets and Liabilities:
- Total Assets: $726,533
- Total Liabilities: $51,595
- Net Assets: $674,938
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.
Income on interest
Revenue
$1
Organization Details
Founding Year
1984
Phone
(732) 447-6686Principal Officer
Srinivas Cheruvu
Main Address
2 MILLER DRIVE, HILLSBOROUGH, NJ, 08844
Website
www.tfasnj.orgNTEE Category
Code: A20 - Arts
If you are a representative of Telugu Fine Arts Society 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.