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Avatar Charitable Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 273429265 ✦ Corona, NY ✦ Designated as a 501(c)(3)

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Overview

What is Avatar Charitable Foundation Inc?

Avatar Charitable Foundation Inc, located in Corona, New York, is a nonprofit organization with a unique mission. Primarily focused on promoting Hindu Religion and activities, this organization also operates under a Buddhist umbrella. The foundation's work is aimed at fostering religious growth and activities within the Hindu community. While the information provided does not detail specific programs or initiatives, it is clear that the Avatar Charitable Foundation Inc plays a significant role in religious advocacy and community engagement within its specified religious context.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84%, Three-Star out of Four Star Rating

Avatar Charitable Foundation Inc has received an overall score of 84%, which translates to a Three-Star rating. This score is derived solely from the Accountability & Finance category, indicating a strong emphasis on financial management and adherence to best practices in these areas. The high score reflects the organization's commitment to transparency and responsible governance.

The foundation excels in several key areas, including having a majority of independent board members and no material diversion of assets, both of which contributed to perfect scores in these metrics. Additionally, it has robust policies in place for conflict of interest, whistleblower protection, and document retention, showcasing a strong framework for ethical oversight and operational integrity.

While the charity demonstrates solid financial practices and governance, the rating is exclusively focused on Accountability & Finance, leaving other potential aspects such as program impact or community engagement unassessed. This may suggest that while the organization is financially sound, further details on its program effectiveness would paint a more comprehensive picture of its overall impact.


This AI summary has been generated from information found on Charity Navigator.

Is Avatar Charitable Foundation Inc legitimate?

Avatar Charitable Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Avatar Charitable Foundation 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 Avatar Charitable Foundation Inc?

The Avatar Charitable Foundation's mission is centered around promoting the Hindu religion and associated activities. In its operations, the foundation functions as a Buddhist organization, contributing to this religious and cultural sphere. The foundation's primary goal is to foster and support the Hindu religion, engaging in various activities that further its principles and teachings.

Who is the CEO of Avatar Charitable Foundation Inc?

Jay Sarkar is the President of Avatar Charitable Foundation Inc.

What is the revenue of Avatar Charitable Foundation Inc?

Avatar Charitable Foundation Inc's revenue in 2022 was $200.

Who are the executives of Avatar Charitable Foundation Inc and what are their salaries?

There 2 volunteers at Avatar Charitable Foundation Inc.


Here are 2 key members and their salaries:


Saikrishna Chatakonda (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Sarkar (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Avatar Charitable Foundation Inc?

Avatar Charitable Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Avatar Charitable Foundation Inc

The Avatar Charitable Foundation, as a nonprofit organization, is committed to fostering the growth and promotion of Hindu Religion and associated activities. In an unusual twist, this organization also operates under the umbrella of Buddhism. By embracing both religious practices, the Avatar Charitable Foundation seeks to foster a harmonious and inclusive community, encouraging the exploration and celebration of these spiritual paths.

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Impact




October, 2024

Avatar Charitable Foundation Inc significantly impacts both the local community and the broader understanding of Hindu and Buddhist traditions. By promoting Hindu religious practices and activities, the foundation fosters cultural awareness and provides a space for spiritual expression and growth.

Operating in Corona, NY, it serves as a hub for individuals seeking to engage with their faith, offering various programs, events, and educational opportunities that emphasize the teachings and values of Hinduism. Additionally, its engagement with Buddhist principles enriches the community's spiritual landscape, encouraging dialogue and mutual respect among diverse belief systems.

Through its philanthropic efforts, the foundation addresses community needs, supports charitable initiatives, and contributes to the overall well-being of the area. By focusing on both religious promotion and social responsibility, Avatar Charitable Foundation Inc plays a vital role in enhancing cultural understanding and community cohesion, ultimately fostering a more inclusive environment for all.




This information is meant to be a general summary of Avatar Charitable Foundation 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.

Revenue
$200 (2022)
Expenses
$216 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $200

Assets and Liabilities:

  • Total Assets: $20
  • Total Liabilities: $0
  • Net Assets: $20

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Organization Details

Founding Year

2010

Principal Officer

Jay Sarkar

Main Address

PO Box 680175, Corona, NY, 11368

NTEE Category

Code: T12 - Philanthropy

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