Overview
What is Nara Foundation Group?
Nara Foundation Group is a nonprofit organization based in Anaheim, California, with a mission to support the homeless, fund other nonprofits, and provide education and training for self-sufficiency. They also have senior assistance programs, including yoga, medication, and nutrition. Occasionally, they contribute to charitable activities in India. The organization has control over the donated funds and uses them to fulfill their exempt purposes, with the board of directors periodically reviewing accounting to ensure funds are used appropriately.
Is Nara Foundation Group legitimate?
Nara Foundation Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nara Foundation Group 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 Nara Foundation Group?
The Nara Foundation Group's mission is centered around providing aid to the less fortunate, specifically the homeless. They accomplish this through distributing food and donating funds to other non-profit organizations. In addition, they offer education and training programs to help individuals become self-sufficient. The foundation also has a senior assistance program that includes yoga, medication, and nutrition services. Occasionally, contributions are made for charitable activities in a foreign country, India, with the organization having full control and discretion over the use of the donated funds. The Board of Directors periodically reviews accounting to ensure the funds are used for their approved purposes.
What is the revenue of Nara Foundation Group?
Nara Foundation Group's revenue in 2023 was $156,921.
Who are the executives of Nara Foundation Group and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Nara Foundation Group?
Nara Foundation Group's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Nara Foundation Group
The Nara Foundation Group is committed to carrying out its primary mission, which includes providing food for the homeless, donating funds to other non-profit organizations, offering education and training, and providing senior assistance programs such as yoga, medication, and nutrition. Beyond its domestic efforts, the foundation occasionally makes contributions for charitable activities in India, a foreign country. The organization has full control and discretion over the donated funds, ensuring they are utilized to serve the foundation's primary function and exempt purposes. Additionally, the Board of Directors reviews periodic accounting to ensure the funds are spent for the approved purposes, aligning with the intentions of the donors.
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Impact
October, 2024
Nara Foundation Group has made significant contributions to the well-being of vulnerable populations through various impactful activities. By providing food for the homeless, the organization addresses immediate nutritional needs, ensuring that individuals without stable housing can access essential sustenance. Additionally, through donations to other nonprofit organizations, Nara Foundation Group extends its reach, enabling further support for community-driven initiatives.
The focus on education and training equips individuals with vital skills that foster self-sufficiency, empowering them to improve their circumstances for the long term. Nara Foundation Group also offers senior assistance programs that prioritize the health and wellness of elderly community members, integrating practices like yoga, while also addressing their needs related to medication and nutrition.
In its efforts to cultivate change beyond local borders, Nara Foundation Group engages in charitable activities in India, maintaining control over donated funds to ensure directed and effective use. This careful oversight, paired with the accountability measures implemented by the Board of Directors, reinforces the organization's commitment to transparency and purpose-driven philanthropy.
Overall, Nara Foundation Group plays a crucial role in strengthening communities through its comprehensive support systems, promoting dignity, health, and resilience among those it serves.
This information is meant to be a general summary of Nara Foundation Group. 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.
- Gross Receipts: $156,921
Assets and Liabilities:
- Total Assets: $43,514
- Total Liabilities: $0
- Net Assets: $43,514
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Organization Details
Principal Officer
Praful Patel
NTEE Category
Code: P20 - Human services
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