Ananda Mandir Inc

Charity Navigator Rating: 67% (Two-Star out of Four Stars)

Ananda Mandir Inc has received a Two-Star rating from Charity Navigator, indicating room for improvement in its overall performance. The charity’s Accountability & Finance score is also 67%, highlighting a mixed assessment of its financial practices and governance. Notably, the organization boasts a fully independent board with 24 members and demonstrates strong practices in documenting board meeting minutes and managing its assets without material diversion.

Strengths include a high Program Expense Ratio of 98.32%, reflecting a commitment to directing funds towards programs rather than administrative costs. Additionally, the charity maintains a low liabilities to assets ratio of 21.78%, suggesting sound financial health. These factors contribute positively to its overall score and indicate effective financial management.

However, the charity's mid-level score suggests that while it demonstrates good governance practices, there may be areas that require attention to enhance overall efficacy and transparency further. Continuous improvement in these areas could lead to a better rating and increased trust from donors and stakeholders.

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

Ananda Mandir Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ananda Mandir 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: $71,000

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