Overview
What is Hindu Temple Of San Antonio Foundation?
The Hindu Temple of San Antonio Foundation is a nonprofit organization with a mission to establish an endowment fund exclusively for the benefit of the Hindu Temple of San Antonio, a 501C3 church organization. So far, no funding has been received from the congregation, but the Hindu Temple of San Antonio has contributed $10,000 to the foundation. This endowment fund aims to provide financial assistance in case of future emergencies for the temple. The organization's objective is to secure the temple's future financial stability.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating
The Hindu Temple of San Antonio Foundation has achieved a solid rating of 88%, indicative of strong accountability and financial management. This score is derived exclusively from its accountability and finance metrics, suggesting that the organization prioritizes transparency and responsible stewardship of funds. It holds a perfect score for the independence of its board members and has no material diversion of assets, reflecting a commitment to ethical governance.
The foundation has also established robust policies, including those for conflict of interest and whistleblowing, which are fully documented and in place. Additionally, it maintains a favorable liabilities to assets ratio of 0.00%, highlighting its financial stability. The program expense ratio of 65.54% indicates that a significant portion of its expenses is directed toward its programs, although there is room for improvement in this area.
While the foundation has demonstrated commendable practices in many aspects, the program expense ratio suggests that some funds may be allocated to administrative costs rather than direct program services. Overall, the Hindu Temple of San Antonio Foundation exhibits a strong commitment to accountability, but continued focus on maximizing program expenses could enhance its impact further.
This AI summary has been generated from information found on Charity Navigator.
Is Hindu Temple Of San Antonio Foundation legitimate?
Hindu Temple Of San Antonio Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hindu Temple Of San Antonio 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
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What is the mission statement of Hindu Temple Of San Antonio Foundation?
The Hindu Temple of San Antonio Foundation's mission is centered around building an endowment fund for the exclusive benefit of the Hindu Temple of San Antonio, a 501C3 church organization. This fund is intended to provide assistance in case of future emergencies. As of now, no funding has been received from the congregation, but the Hindu Temple of San Antonio has contributed $10,000 to the foundation. The foundation's primary goal is to ensure the long-term financial stability and resilience of the Hindu Temple of San Antonio.
Who is the CEO of Hindu Temple Of San Antonio Foundation?
Kedar N Chintapalli is the President of Hindu Temple Of San Antonio Foundation.
What is the revenue of Hindu Temple Of San Antonio Foundation?
Hindu Temple Of San Antonio Foundation's revenue in 2022 was $10,147.
Who are the executives of Hindu Temple Of San Antonio Foundation and what are their salaries?
There 5 volunteers at Hindu Temple Of San Antonio Foundation.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Hindu Temple Of San Antonio Foundation?
Hindu Temple Of San Antonio Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hindu Temple Of San Antonio Foundation
The Hindu Temple of San Antonio Foundation has a mission to establish an endowment fund, exclusively benefiting the Hindu Temple of San Antonio, a 501C3 church organization. This fund is intended to serve as a financial backup for the temple in the event of any future emergencies. As of now, the congregation of the Hindu Temple of San Antonio has not provided any funding for this initiative. However, the temple itself has contributed $10,000 towards this endowment fund, demonstrating its commitment to securing its future. The foundation's objective is to provide financial stability and resilience to the Hindu Temple of San Antonio, ensuring its continued service to the Hindu community.
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Impact
October, 2024
The Hindu Temple of San Antonio Foundation plays a vital role in securing the future of the Hindu Temple of San Antonio. By establishing an endowment fund, the foundation aims to address any emergent needs that may arise, ensuring the continuity and stability of the temple's services and facilities for its congregation. Through its mission, the foundation seeks to promote financial resilience and support for the temple, which is a crucial resource for the Hindu community in San Antonio.
To date, the temple itself has contributed $10,000 to initiate this fund, demonstrating a commitment to its long-term sustainability despite the absence of additional funding from the congregation at this time. The foundation’s focus on building this endowment not only provides a safety net for unforeseen circumstances but also reinforces the temple's capacity to serve its community effectively. Ultimately, the foundation is integral to preserving the cultural and religious heritage of Hindus in the region, fostering a sense of belonging and ensuring that the temple remains a vital place for worship and community gathering.
This information is meant to be a general summary of Hindu Temple Of San Antonio 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: $10,147
Assets and Liabilities:
- Total Assets: $1,188,331
- Total Liabilities: $0
- Net Assets: $1,188,331
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Organization Details
Founding Year
2009
Phone
(210) 615-7373Principal Officer
Kedar N Chintapalli
Main Address
CO MKRCPA 4203 GARDENDALE STE 226, SAN ANTONIO, TX, 78229
NTEE Category
Code: X117 - Religion related
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