Overview
What is Theosophy Center Preservation Corporation?
The Theosophy Center Preservation Corporation, situated in Philadelphia, PA, serves as a dedicated trustee or successor trustee for the United Lodge of Theosophists of Philadelphia. The primary role of this nonprofit organization is to offer financial and various other forms of assistance to this particular lodge. One of its key programs involves providing financial and other resources to the United Lodge of Theosophists of Philadelphia. The Theosophy Center Preservation Corporation's mission is geared towards supporting the welfare of this lodge.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 70%, Two-Star out of Four Star rating.
The Theosophy Center Preservation Corporation has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The overall score of 70% is derived entirely from its Accountability & Finance metrics, where the organization performed well in certain areas, such as having a fully independent board and a low liabilities-to-assets ratio.
Strengths of the organization include a high program expense ratio of 97.97%, suggesting that a significant portion of its funds is directed towards its mission-related activities. Additionally, it has a solid governance structure reflected in the majority of independent board members and no material diversion of assets reported. However, there are notable weaknesses, particularly in governance policies and transparency, as several critical documents, such as the conflict of interest policy and meeting minutes, are missing from public access.
Overall, while the Theosophy Center Preservation Corporation demonstrates a commitment to its programs, the lack of essential governance documentation may raise concerns about its operational transparency and accountability. Addressing these gaps could strengthen its standing and support from the public.
This AI summary has been generated from information found on Charity Navigator.
Is Theosophy Center Preservation Corporation legitimate?
Theosophy Center Preservation Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Theosophy Center Preservation Corporation 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.
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 Theosophy Center Preservation Corporation?
The Theosophy Center Preservation Corporation serves as a trustee or successor trustee for the United Lodge of Theosophists of Philadelphia, offering financial and other forms of support to this organization. Its primary mission is to aid the United Lodge of Theosophists of Philadelphia in various capacities. One of its programs involves providing financial and other forms of assistance to the aforementioned lodge. In essence, the corporation's role is to support the United Lodge of Theosophists of Philadelphia, ensuring its continued operations and growth.
What is the revenue of Theosophy Center Preservation Corporation?
Theosophy Center Preservation Corporation's revenue in 2023 was $10,326.
Who are the executives of Theosophy Center Preservation Corporation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Theosophy Center Preservation Corporation?
Theosophy Center Preservation Corporation's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Theosophy Center Preservation Corporation
The Theosophy Center Preservation Corporation serves as a supportive entity for the United Lodge of Theosophists of Philadelphia. Acting in the role of a trustee or successor trustee, the corporation holds the title to real estate on behalf of the United Lodge. The corporation's mission is centered around providing financial and other forms of assistance to the United Lodge of Theosophists of Philadelphia. By carrying out this mission, the Theosophy Center Preservation Corporation aims to bolster the operations and well-being of the United Lodge, ensuring its continued success and growth.
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Impact
October, 2024
Theosophy Center Preservation Corporation significantly impacts the Philadelphia community by serving as a trustee for the United Lodge of Theosophists of Philadelphia. By holding the title to real estate, it ensures the preservation and continuity of Theosophical teachings and activities in the area. Its mission focuses on providing essential financial and other support to the Lodge, which fosters a space for spiritual exploration and learning. This support not only helps maintain the physical location but also encourages the dissemination of Theosophical principles, contributing to the cultural and educational landscape of Philadelphia. Through its programs, the corporation enhances the accessibility of Theosophical resources, promoting an environment for artistic and philosophical engagement within the community.
This information is meant to be a general summary of Theosophy Center Preservation Corporation. 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: $10,638
- Gross Receipts: $191,972
Assets and Liabilities:
- Total Assets: $412,045
- Total Liabilities: $0
- Net Assets: $412,045
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Organization Details
Principal Officer
Steven H Levy Md
NTEE Category
Code: A70 - Arts
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