Overview
What is Sai Temple Inc?
Sai Temple Inc, situated in Malvern, Pennsylvania, is a nonprofit organization primarily dedicated to religious services and activities within the Buddhist community. Their mission involves offering spiritual support and fostering a sense of unity among followers in the local area. The organization actively participates in various Buddhist organization activities, thereby contributing to the religious and cultural life of the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (56%)
Sai Temple Inc has received a One-Star rating from Charity Navigator, reflecting a score of 56%. This score indicates potential concerns regarding the organization's overall accountability and financial health. While it excels in areas such as board independence and program expense ratio, which are perfect scores, its liabilities to assets ratio is notably low, raising red flags about its financial stability.
The organization boasts a fully independent board, with 100% of its members meeting independence criteria, and it has a strong conflict of interest policy in place. Additionally, Sai Temple Inc has demonstrated transparency by documenting board meeting minutes and showing no material diversion of assets, which is a positive indicator of governance practices.
However, the significant liabilities to assets ratio of nearly 90% is a major limitation, suggesting the organization may be over-leveraged. This could impact its ability to sustain operations and fulfill its mission over time. Stakeholders should consider these financial indicators when evaluating the nonprofit's effectiveness and long-term viability.
This AI summary has been generated from information found on Charity Navigator.
Is Sai Temple Inc legitimate?
Sai Temple Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sai Temple 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: $53,400
For more financial information, click here
What is the mission statement of Sai Temple Inc?
Sai Temple Inc, as an organization, is dedicated to delivering religious services and participating in Buddhist activities. Their primary mission is to serve the spiritual needs of their community. They strive to promote understanding and practice of Buddhism within their sphere. The temple provides a platform for religious ceremonies and events, fostering a sense of spiritual unity and growth among its members. Additionally, Sai Temple Inc may involve itself in various Buddhist organization activities, contributing to the broader Buddhist community.
Who is the CEO of Sai Temple Inc?
Kulraj Singh is the Treasurer of Sai Temple Inc.
What is the revenue of Sai Temple Inc?
Sai Temple Inc's revenue in 2022 was $517,190.
Who are the executives of Sai Temple Inc and what are their salaries?
The average compensation at Sai Temple Inc during 2022 was $17,800. There are 3 employees at Sai Temple Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- 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 Sai Temple Inc?
Sai Temple Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sai Temple Inc
Sai Temple Inc, a religious organization, is dedicated to providing spiritual services and participating in Buddhist activities within its community. Its mission is centered around offering religious experiences and contributing to the Buddhist community at large. The temple serves as a hub for individuals seeking spiritual guidance and engagement in Buddhist practices. By doing so, Sai Temple Inc upholds its commitment to fostering a spiritual environment for its followers.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Sai Temple Inc's impact is significant in the town of Malvern, PA, where it provides religious services and engages in Buddhist organization activities. Through its mission to offer spiritual support and guidance, Sai Temple Inc plays a crucial role in promoting the practice of Buddhism and fostering a sense of community among its members. The temple's presence serves as a valuable resource for individuals seeking a connection to their faith and a place for communal worship and reflection. By offering religious services and organizing activities, Sai Temple Inc contributes to the spiritual and cultural enrichment of the local community in Malvern, PA.
This information is meant to be a general summary of Sai Temple 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: $517,190
Assets and Liabilities:
- Total Assets: $2,552,034
- Total Liabilities: $2,295,914
- Net Assets: $256,120
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2009
Principal Officer
Kulraj Singh
Main Address
170 Planebrook Rd, Malvern, PA, 19355
NTEE Category
Code: X70 - Religion related
If you are a representative of Sai Temple Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.