Overview
What is Sri Venkateswara Temple And Cultural Center?
Sri Venkateswara Temple And Cultural Center is a nonprofit organization situated at 26233 Taft Road, Novi, MI 48374. With a mission to serve the Hindu community in the United States, they offer a blend of charitable, cultural, religious, and educational services. The organization actively expresses, promotes, and executes these services for the benefit of their community members. With a dedicated team of seven employees, they strive to foster a sense of unity and preserve cultural heritage, while also providing educational and religious opportunities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Star Rating)
Sri Venkateswara Temple And Cultural Center holds a Two-Star rating from Charity Navigator, indicating moderate performance in organizational accountability and financial health. The charity demonstrates strengths in governance, with a 100% independent board and a low liabilities to assets ratio of 8.51%. Additionally, the organization has a significant program expense ratio of 66.73%, suggesting that a substantial portion of its funds is directed toward its programs.
However, the organization faces limitations, particularly in financial transparency and policy documentation. It has no financial statements available and lacks several key policies such as a whistleblower policy and document retention procedures. Additionally, the charity's website was not listed on its tax form, which may hinder public access to information about its operations.
Overall, while Sri Venkateswara Temple And Cultural Center demonstrates a commitment to independent governance and effective program spending, it needs to improve on transparency and policy adherence to enhance its accountability rating.
This AI summary has been generated from information found on Charity Navigator.
Is Sri Venkateswara Temple And Cultural Center legitimate?
Sri Venkateswara Temple And Cultural Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sri Venkateswara Temple And Cultural Center 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: $176,809
For more financial information, click here
What is the mission statement of Sri Venkateswara Temple And Cultural Center?
The Sri Venkateswara Temple And Cultural Center is a charitable organization with a mission to serve the Hindu community in the United States. Its purpose is to express, promote, initiate, and execute cultural, educational, and religious services for this community. The organization aims to provide a platform for the expression and preservation of Hindu culture, education, and religious practices. It strives to fulfill these objectives by initiating and executing various cultural, educational, and religious activities.
Who is the CEO of Sri Venkateswara Temple And Cultural Center?
Jnaneswar Gubbala is the Treasurer of Sri Venkateswara Temple And Cultural Center.
What is the revenue of Sri Venkateswara Temple And Cultural Center?
Sri Venkateswara Temple And Cultural Center's revenue in 2022 was $1,858,500.
Who are the executives of Sri Venkateswara Temple And Cultural Center and what are their salaries?
The average compensation at Sri Venkateswara Temple And Cultural Center during 2022 was $25,258. There are 7 employees and 100 volunteers at Sri Venkateswara Temple And Cultural Center.
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Where can I find the form 990 for Sri Venkateswara Temple And Cultural Center?
Sri Venkateswara Temple And Cultural Center's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sri Venkateswara Temple And Cultural Center
Sri Venkateswara Temple and Cultural Center is a dedicated organization, serving the Hindu community in the United States. Its mission is threefold: charitable, cultural, and educational. This organization strives to express, promote, and initiate various cultural, educational, and religious services for the Hindu community, aiming to enrich their lives and preserve their traditions. By executing these services, Sri Venkateswara Temple and Cultural Center aims to contribute positively to the lives of individuals within this community.
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Impact
October, 2024
Sri Venkateswara Temple And Cultural Center plays a pivotal role in nurturing and promoting Hindu culture and traditions within the United States. It serves as a central hub for the Hindu community, offering a variety of religious, cultural, and educational services that foster a sense of belonging and identity. The temple provides a space for worship and community gatherings, allowing individuals and families to connect with their spiritual roots.
By organizing cultural events, festivals, and educational programs, the center helps preserve and propagate the rich heritage of Hinduism. This not only strengthens the community's cultural fabric but also educates younger generations about their traditions and values. Furthermore, the temple functions as a resource for spiritual guidance and support, addressing the unique needs and challenges faced by immigrants and the broader Hindu population in the region.
Overall, Sri Venkateswara Temple And Cultural Center significantly impacts the community by promoting cultural continuity, enhancing social cohesion, and facilitating a deeper understanding of Hindu traditions and practices.
This information is meant to be a general summary of Sri Venkateswara Temple And Cultural Center. 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.
- Program Service Revenue: $1,130,429
- Gross Receipts: $1,858,500
Assets and Liabilities:
- Total Assets: $10,254,575
- Total Liabilities: $872,972
- Net Assets: $9,381,603
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Temple Services
Revenue
$443,681
Temple Services
Revenue
$686,748
Organization Details
Founding Year
2007
Principal Officer
Jnaneswar Gubbala
Main Address
26233 TAFT ROAD, NOVI, MI, 48374
NTEE Category
Code: X70 - Religion related
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