Overview
What is Nagarathar Sangam Of North America Inc?
Nagarathar Sangam of North America Inc. is a nonprofit organization established in New Jersey, dedicated to offering support and assistance to individuals within their community. The organization's primary focus includes providing financial aid through education funds and marriage funds for those in need. Additionally, it promotes religious values by offering financial assistance for weddings within the community. Beyond financial aid, Nagarathar Sangam of North America Inc. also encourages education among Nattukottai Nagarathars globally by offering scholarships and interest-free loans. The organization operates with a strong commitment to its community and its values, ensuring that support is readily available to those who need it.
Official website here: www.achi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Nagarathar Sangam Of North America Inc has received a commendable Three-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. With an overall score of 88%, the organization demonstrates solid governance practices, including a fully independent board and effective audit oversight, which are crucial for maintaining donor trust and financial integrity.
The organization excels in its financial management, with an impressive program expense ratio of 97.42%, indicating that a significant portion of its funds directly supports its programs. Additionally, the charity has no material diversion of assets, which further underscores its responsible stewardship of resources. However, the absence of a whistleblower policy and document retention and destruction policy may be seen as areas needing improvement in its governance framework.
In summary, while Nagarathar Sangam Of North America Inc showcases strong financial health and accountability measures, it could benefit from implementing additional policies to enhance its governance practices. Overall, this organization appears to be a reliable choice for donors looking to support effective nonprofit initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Nagarathar Sangam Of North America Inc legitimate?
Nagarathar Sangam Of North America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nagarathar Sangam Of North America 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.achi.org
What is the mission statement of Nagarathar Sangam Of North America Inc?
Nagarathar Sangam of North America Inc., as a not-for-profit organization, was established to offer various social services to its community. The primary focus of its mission is to promote education among Nagarathars, a specific community, by offering financial aid through scholarships and interest-free, repayable loans. Furthermore, the organization supports family values by providing financial assistance for marriages of Nagarathars, not just in North America but globally. Additionally, it extends its aid to people in need in India, specifically to provide assistance for marriages, religious functions, and healthcare.
Official website here: www.achi.org
What is the revenue of Nagarathar Sangam Of North America Inc?
Nagarathar Sangam Of North America Inc's revenue in 2023 was $597,455.
Official website here: www.achi.org
Who are the executives of Nagarathar Sangam Of North America Inc and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.achi.org
Where can I find the form 990 for Nagarathar Sangam Of North America Inc?
Nagarathar Sangam Of North America Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.achi.org
Learn more at the official website: www.achi.org
Mission Statement of Nagarathar Sangam Of North America Inc
Nagarathar Sangam of North America Inc, a non-profit organization, is dedicated to serving its community by providing various social assistance. Its mission is twofold: promoting education and upholding family values. The organization accomplishes this by offering financial aid in the form of scholarships and interest-free, repayable loans to aspiring students from the Nattukottai Nagarathar community worldwide. This financial assistance empowers individuals to pursue their academic goals without the burden of exorbitant tuition fees.
Furthermore, Nagarathar Sangam of North America Inc also extends its support to Nattukottai Nagarathar couples planning their weddings in North America and beyond. Recognizing the significant financial commitment associated with weddings, the organization provides financial assistance to make these special occasions more affordable. By offering such aid, Nagarathar Sangam of North America Inc not only strengthens the bonds within its community but also ensures that the celebration of love doesn't incur undue financial strain on families.
In summary, Nagarathar Sangam of North America Inc is a charitable organization that strives to uplift its community by promoting education and preserving family values. It achieves this by offering financial assistance in the form of scholarships and wedding support, thereby enabling individuals to pursue their academic dreams and cherish their weddings without financial stress.
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Impact
October, 2024
Nagarathar Sangam of North America Inc has made a significant impact by addressing the social and educational needs of the Nattukottai Nagarathar community both locally and globally. The organization focuses on promoting education through scholarships and interest-free loans, empowering individuals to pursue academic excellence and enhancing their opportunities. Additionally, by providing financial assistance for marriages and religious activities, it strengthens cultural ties and family values within the community.
The organization’s efforts extend to health assistance, ensuring that essential support reaches those in need in India. Ultimately, Nagarathar Sangam of North America Inc fosters a sense of unity and support among its members, contributing to the overall well-being and prosperity of the Nattukottai Nagarathars in North America and beyond.
This information is meant to be a general summary of Nagarathar Sangam Of North America 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 2023.
- Investment Income: $6,876
- Gross Receipts: $597,455
Assets and Liabilities:
- Total Assets: $1,581,351
- Total Liabilities: $6,250
- Net Assets: $1,575,101
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Organization Details
Founding Year
1998
Principal Officer
Nagappan Sekkappan
Website
www.achi.orgNTEE Category
Code: T30 - Philanthropy
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