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Verma Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 261083048 ✦ Lakeway, TX ✦ Designated as a 501(c)(3)

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Overview

What is Verma Foundation?

The Verma Foundation is a compassionate nonprofit organization based in Lakeway, Texas. Their mission is centered around uplifting individuals who are going through challenging times, primarily focusing on women and children battling cancer. One of the significant emotional side effects of cancer treatment is hair loss. To alleviate this distress, the Verma Foundation provides custom-made wig caps at no cost to its beneficiaries. Their commitment to improving the quality of life for those in need is commendable.

Is Verma Foundation legitimate?

Verma Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Verma Foundation submitted a form 990EZ, 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.

What is the mission statement of Verma Foundation?

The Verma Foundation is committed to enhancing the lives of individuals confronting hardships, with a particular focus on women and children battling cancer who are also dealing with the emotional impact of hair loss. The organization accomplishes this mission by crafting personalized cap wigs at no cost.

Who is the CEO of Verma Foundation?

Unavailable

What is the revenue of Verma Foundation?

Verma Foundation's revenue in 2022 was $65,969.

Who are the executives of Verma Foundation and what are their salaries?


Here are 2 key members and their salaries:


Shama Verma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natasha Verma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Verma Foundation?

Verma Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Verma Foundation

The Verma Foundation is committed to enhancing the lives of individuals confronting hardships, with a particular focus on women and children battling cancer who are dealing with the emotional impacts of hair loss. To accomplish this goal, the organization creates bespoke cap wigs free of charge.

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Impact




August, 2024

Verma Foundation's impact is profound in improving the quality of life for women and children battling cancer and coping with the emotional challenges of hair loss. Through their initiative of creating custom cap wigs at no cost, they provide not just a physical solution but also emotional support to those facing adversity. Their work directly impacts the well-being and confidence of individuals going through a difficult time, offering them a sense of normalcy and dignity during their battle against cancer.




This information is meant to be a general summary of Verma Foundation. 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.

Revenue
$65,969 (2022)
Expenses
$42,487 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2
  • Gross Receipts: $65,969

Assets and Liabilities:

  • Total Assets: $169,029
  • Total Liabilities: $2,400
  • Net Assets: $166,629

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Organization Details

Main Address

303 CAMINO ARBOLAGO, LAKEWAY, TX, 78734

NTEE Category

Code: P20 - Human services

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