Overview
What is Sera Mey Inc?
Sera Mey Inc is a nonprofit organization with a mission to educate and benefit the community, preserve Tibetan culture in India, and promote awareness of historical sites in the country. They primarily focus on religious activities, but their work also extends to educational and charitable purposes, including medicine and medical education. Their activities aim to serve the public by providing useful knowledge and fostering cultural preservation.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 37%
Sera Mey Inc has received a rating of 37%, which corresponds to a Zero-Star out of Four Star rating. This score indicates significant concerns regarding the organization's accountability and finance practices. While the charity does have strong governance elements, such as a fully independent board and policies regarding conflict of interest, it falls short in several critical areas that impact transparency and financial health.
Notably, the organization is missing key policies, including a whistleblower policy and a document retention and destruction policy. Additionally, the absence of meeting minutes and tax forms on the nonprofit's website raises red flags regarding its operational transparency. Furthermore, the charity has a 0.00% ratio for both liabilities to assets and program expenses, suggesting there may be issues with financial management and the allocation of funds towards its mission.
Overall, Sera Mey Inc faces significant challenges that potential donors and stakeholders should consider. While the governance structure appears sound, the lack of essential policies and financial oversight could undermine confidence in the organization's ability to effectively utilize resources for its intended charitable purposes.
This AI summary has been generated from information found on Charity Navigator.
Is Sera Mey Inc legitimate?
Sera Mey Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sera Mey 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
For more financial information, click here
What is the mission statement of Sera Mey Inc?
Sera Mey Inc's mission is centered around three primary objectives. Firstly, they aim to educate the public on subjects that are beneficial for individuals and the community at large. Secondly, they are committed to preserving Tibetan culture, particularly in India. Lastly, Sera Mey Inc focuses on promoting the awareness and conservation of historical sites in India. Their activities also include educational and charitable pursuits, with a strong emphasis on religious activities.
Who is the CEO of Sera Mey Inc?
Liza Huynh is the Treasurer of Sera Mey Inc.
What is the revenue of Sera Mey Inc?
Sera Mey Inc's revenue in 2022 was $33,476.
Who are the executives of Sera Mey Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Sera Mey Inc?
Sera Mey Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sera Mey Inc
Sera Mey Inc is a nonprofit organization with a distinct mission. Its primary objective is to educate the public on topics that are beneficial to individuals and the community at large. Beyond education, Sera Mey Inc also seeks to preserve Tibetan culture in India. The organization recognizes the importance of historical sites and works towards promoting their knowledge and awareness. In addition to education and cultural preservation, Sera Mey Inc also focuses on charitable activities. Its mission includes medical and healthcare initiatives, further emphasizing its commitment to the well-being of the community. It is important to note that all of Sera Mey Inc's activities are exclusively religious in nature.
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Impact
August, 2024
Sera Mey Inc's impact lies in its efforts to instruct the public on subjects that are beneficial to individuals and the community, while also playing a significant role in preserving Tibetan culture in India. Additionally, the organization works towards promoting knowledge, awareness, and preservation of historical sites in India. Through its focus on education, medical support, and charitable endeavors, Sera Mey Inc is making a meaningful contribution to the community in Westminster, CA, and beyond.
This information is meant to be a general summary of Sera Mey 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 2022.
- Gross Receipts: $36,247
Assets and Liabilities:
- Total Assets: $741,273
- Total Liabilities: $0
- Net Assets: $741,273
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Organization Details
Founding Year
2008
Phone
(714) 891-5456Principal Officer
Liza Huynh
Main Address
14041 OLIVE STREET, WESTMINSTER, CA, 92683
NTEE Category
Code: A230 - Arts
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