Overview
What is Eternal Charitable Foundation?
Eternal Charitable Foundation, operating under the name The Kalgidhar Society & Akal Academy, is a nonprofit organization situated in Las Vegas, Nevada. Their primary focus lies in supporting disadvantaged individuals by aiding in the establishment of new schools, hospitals, and rehabilitation centers for drug addiction. Moreover, they promote vocational education as a means to empower the underprivileged. Their mission involves collaborating with various nonprofit organizations to make these resources accessible to the needy population.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57%, One-Star out of Four Star rating.
The Eternal Charitable Foundation, operating as The Kalgidhar Society & Akal Academy, has received a low rating due to significant weaknesses in its Accountability & Finance practices. With a score of 57%, the foundation's rating reflects a complete reliance on this single beacon score, indicating a lack of independent board members and transparency in financial reporting. Notably, the organization has no financial statements available, which has majorly impacted its accountability score.
Despite these shortcomings, the charity shows positive performance in some areas, such as a high program expense ratio of 83.17%, meaning that a substantial majority of its expenses are directed toward its programs rather than administrative costs. Additionally, the fundraising efficiency ratio is commendable at $0.10, suggesting that the organization is effective in raising funds relative to expenses. The liabilities to assets ratio is also strong, reflecting sound financial management in that regard.
However, the absence of key governance policies, such as a conflict of interest policy and documentation of board meeting minutes, raises concerns about the organization's operational transparency. Overall, while the foundation demonstrates dedication to its mission through program spending, its governance and accountability practices require significant improvement to enhance its rating and maintain public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Eternal Charitable Foundation legitimate?
Eternal Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eternal Charitable Foundation 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
What is the mission statement of Eternal Charitable Foundation?
The Eternal Charitable Foundation, operating under the name The Kalgidhar Society & Akal Academy, is committed to supporting non-profit organizations in their efforts to establish new educational institutions, hospitals, and drug addiction rehabilitation centers, as well as provide vocational education, primarily for the underprivileged population. The foundation's mission is to contribute to the education of disadvantaged individuals, thereby enhancing their opportunities and overall well-being.
Who is the CEO of Eternal Charitable Foundation?
Surinder Ghuman is the President of Eternal Charitable Foundation.
What is the revenue of Eternal Charitable Foundation?
Eternal Charitable Foundation's revenue in 2022 was $1,864,488.
Who are the executives of Eternal Charitable Foundation and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Eternal Charitable Foundation?
Eternal Charitable Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Eternal Charitable Foundation
Eternal Charitable Foundation Dba The Kalgidhar Society & Akal Academy is committed to supporting the education of disadvantaged individuals. This nonprofit organization aims to collaborate with other non-profit entities to establish new schools, hospitals, drug addiction rehabilitation centers, and vocational education facilities for the underprivileged. The mission of Eternal Charitable Foundation Dba The Kalgidhar Society & Akal Academy is to uplift and empower the poor by providing them with essential educational resources and opportunities. The organization's efforts are geared towards making a significant impact in various aspects of life, including education, healthcare, and vocational training, thereby enhancing the overall well-being of the disadvantaged population.
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Impact
October, 2024
Eternal Charitable Foundation significantly impacts communities by focusing on the education of disadvantaged individuals and supporting initiatives that promote social welfare. By collaborating with various nonprofit organizations, it plays a crucial role in establishing new schools and hospitals, directly addressing the educational and healthcare needs of underprivileged populations.
In areas with limited access to quality education, the foundation’s efforts facilitate the creation of educational institutions, helping to empower the youth and provide them with the knowledge and skills necessary for a better future. Additionally, by supporting drug addiction rehabilitation programs, it addresses critical health challenges, offering vital services to those in need and contributing to safer, healthier communities.
Vocational education initiatives further enhance its impact, equipping individuals with practical skills for employment and self-sufficiency. This comprehensive approach not only uplifts individuals but also fosters sustainable community development, addressing both immediate needs and long-term growth. The foundation’s work is especially crucial in underserved areas, where access to education and healthcare can significantly change lives and break the cycle of poverty.
This information is meant to be a general summary of Eternal Charitable 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $1,864,488
Assets and Liabilities:
- Total Assets: $330,965
- Total Liabilities: $0
- Net Assets: $330,965
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Organization Details
Phone
(702) 429-7354Principal Officer
Surinder Ghuman
Main Address
7788 CORONADO ISLAND, Las Vegas, NV, 89139
NTEE Category
Code: Q123 - International
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