Overview
What is Pragati Inc?
Pragati Inc, based in Exton, Pennsylvania, is a nonprofit organization with a mission to foster harmony among individuals of various religions. They achieve this goal by inviting people from all backgrounds to participate in religious celebrations. Additionally, Pragati Inc is dedicated to promoting Bengali (Indian) heritage by catering to the tri-state area of southeastern Pennsylvania, Delaware, and south central New Jersey. The organization serves this community by offering programs that preserve and celebrate their cultural heritage.
Official website here: www.pragati.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
Pragati Inc has received a Three-Star rating from Charity Navigator, reflecting a score of 76% based solely on its Accountability & Finance metrics. This rating indicates that while the organization demonstrates solid financial practices, there are areas for improvement, particularly in governance and policy documentation.
The organization has notable strengths, including a perfect score for its independent board member composition and the absence of material diversion of assets. Additionally, it boasts a high program expense ratio of 94.48%, suggesting that a significant portion of its funds is directed toward its programs rather than administrative costs. However, the absence of essential policies, such as a conflict of interest policy and a whistleblower policy, detracts from its overall accountability score.
Despite its financial strengths, Pragati Inc faces limitations regarding transparency and governance practices, as indicated by the missing documentation policies. These shortcomings could affect stakeholder confidence and should be addressed to enhance the organization's overall accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Pragati Inc legitimate?
Pragati Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pragati 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
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Official website here: www.pragati.org
What is the mission statement of Pragati Inc?
Pragati Inc, an organization, is dedicated to preserving and promoting Bengali heritage. They serve the tri-state area, encompassing southeastern Pennsylvania, Delaware, and south central New Jersey. Their mission is to foster unity and harmony among people of diverse religions by inviting them to participate in religious celebrations and programs. They aim to create a space where everyone, regardless of origin, can appreciate and engage with Bengali culture. Their activities may include educational programs, community events, and initiatives that celebrate and share Bengali heritage with a broader audience.
Official website here: www.pragati.org
What is the revenue of Pragati Inc?
Pragati Inc's revenue in 2023 was $132,764.
Official website here: www.pragati.org
Who are the executives of Pragati Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.pragati.org
Where can I find the form 990 for Pragati Inc?
Pragati Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.pragati.org
Learn more at the official website: www.pragati.org
Mission Statement of Pragati Inc
Pragati Inc, a nonprofit organization, is dedicated to promoting Bengali heritage within the tri-state area of southeastern Pennsylvania, Delaware, and south central New Jersey. Their primary mission is to foster unity and harmony among individuals of diverse religious backgrounds by inviting them to participate in religious programs. Through these events, Pragati Inc aims to celebrate and preserve the rich cultural heritage of Bengal, a region in India. The organization's activities serve as a platform for people from various religious communities to engage in shared experiences, fostering a sense of unity and mutual respect.
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Impact
October, 2024
Pragati Inc plays a vital role in enriching the cultural tapestry of the Tri-State area, specifically Southeastern Pennsylvania, Delaware, and South-Central New Jersey. By promoting Bengali Indian heritage, the organization fosters a sense of community and belonging among diverse populations.
Through various programs and events, Pragati Inc invites individuals of all origins to participate in religious and cultural celebrations, which not only honors Bengali traditions but also cultivates harmony among different religious and ethnic groups. This commitment to inclusivity and cultural exchange contributes to a greater understanding and appreciation of diversity in the region.
The organization's emphasis on the arts further enhances its impact, offering platforms for artistic expression that celebrate the rich cultural heritage of Bengal. By bringing people together through shared experiences and celebrations, Pragati Inc strengthens community bonds, enriches the local culture, and encourages a spirit of unity and respect among all residents in the Tri-State area.
This information is meant to be a general summary of Pragati 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: $65
- Program Service Revenue: $132,699
- Gross Receipts: $132,764
Assets and Liabilities:
- Total Assets: $58,702
- Total Liabilities: $0
- Net Assets: $58,702
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DURGA PUJA
Revenue
$100,472
LAKSHMIKALI PUJA
Revenue
$3,762
SARASWATI PUJA
Revenue
$7,429
NABANARSHA
Revenue
$6,517
MISC
Revenue
$14,519
Organization Details
Founding Year
1978
Principal Officer
Chandreyi Mukherji
Website
www.pragati.orgNTEE Category
Code: A23 - Arts
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