Overview
What is Vedanta Institute Of Midwest?
Vedanta Institute of Midwest is a nonprofit organization, dedicated to fostering educational excellence. They achieve this by providing financial aid and grants to students, institutions, and various organizations. This support is instrumental in enhancing the educational environment and opportunities for numerous individuals. Furthermore, the institute offers educational classes and lecture series, which serve as additional resources for knowledge acquisition and personal growth.
Official website here: www.vedantaworld.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36% (Zero-Star out of Four Star rating)
The Vedanta Institute Of Midwest has received a low rating of 36% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization demonstrates strong governance with a fully independent board and proper documentation of board meeting minutes, it has serious deficiencies in areas such as conflict of interest policies, whistleblower protections, and financial transparency.
Particularly alarming is the failure to establish key policies that ensure organizational integrity and accountability. The absence of a conflict of interest policy and whistleblower protections, both essential for maintaining trust and ethical standards, raises red flags about the organization's operational practices. Furthermore, the poor performance in the financial metrics, including a concerning liabilities to assets ratio, suggests potential risks in financial management.
Overall, while the Vedanta Institute Of Midwest shows some strengths in governance structure, its overall lack of essential accountability measures and financial scrutiny undermines its effectiveness and credibility as a nonprofit organization. Prospective donors and stakeholders should consider these factors carefully.
This AI summary has been generated from information found on Charity Navigator.
Is Vedanta Institute Of Midwest legitimate?
Vedanta Institute Of Midwest is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vedanta Institute Of Midwest 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: $54,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.vedantaworld.org
What is the mission statement of Vedanta Institute Of Midwest?
The Vedanta Institute of Midwest is committed to fostering educational excellence. They achieve this by offering grants, funding, and financial assistance to various students, institutions, and organizations. The institute's mission extends beyond financial aid, as it also provides educational classes and lecture series to further enhance learning experiences. In essence, the Vedanta Institute of Midwest aims to support and enhance educational opportunities, contributing to the overall improvement of educational standards.
Official website here: www.vedantaworld.org
What is the revenue of Vedanta Institute Of Midwest?
Vedanta Institute Of Midwest's revenue in 2023 was $288,249.
Official website here: www.vedantaworld.org
Who are the executives of Vedanta Institute Of Midwest and what are their salaries?
The average compensation at Vedanta Institute Of Midwest during 2023 was $54,000. There is 1 employee at Vedanta Institute Of Midwest.
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
Official website here: www.vedantaworld.org
Where can I find the form 990 for Vedanta Institute Of Midwest?
Vedanta Institute Of Midwest's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.vedantaworld.org
Learn more at the official website: www.vedantaworld.org
Mission Statement of Vedanta Institute Of Midwest
Vedanta Institute of Midwest, as a nonprofit organization, is committed to fostering educational excellence. They achieve this by providing grants, funding, and financial assistance to a variety of entities, including students, educational institutions, and other organizations. This support aims to enhance the quality of education and learning opportunities, thereby promoting growth and development in the educational sector. Beyond financial aid, Vedanta Institute of Midwest also extends its reach through educational classes and lecture series, contributing to the dissemination of knowledge and fostering a culture of learning.
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Impact
October, 2024
Vedanta Institute of Midwest significantly contributes to educational excellence by providing grants and financial assistance to students, educational institutions, and various organizations. Its initiatives enable a broader access to quality education, empowering individuals and communities to reach their full potential. The institute also enhances learning opportunities through educational classes and lecture series, fostering a deeper understanding of diverse subjects. By promoting these educational resources, the Vedanta Institute of Midwest plays a vital role in enriching the educational landscape of West Bloomfield, MI, and beyond, while emphasizing the importance of knowledge and learning related to spiritual and cultural themes.
This information is meant to be a general summary of Vedanta Institute Of Midwest. 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: $6,258
- Gross Receipts: $288,249
Assets and Liabilities:
- Total Assets: $505,354
- Total Liabilities: $655
- Net Assets: $504,699
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Organization Details
Founding Year
2010
Principal Officer
Amit Kinikar
Website
www.vedantaworld.orgNTEE Category
Code: X70 - Religion related
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