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Shri Sita Ram Foundation Usa

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

EIN: 273527660 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Shri Sita Ram Foundation Usa?

Shri Sita Ram Foundation U.S.A. is a charitable organization based in Houston, Texas. Its primary focus is to promote and preserve Vedic culture through various activities. The foundation supports cultural institutions and educational programs, aiming to disseminate knowledge from Vedic scriptures. Additionally, it offers scholarships to underprivileged students and provides assistance to disadvantaged members of the community. The organization also organizes Vedic plays, such as Ram Leela, to share stories from these ancient texts. Overall, Shri Sita Ram Foundation U.S.A. dedicates itself to fostering cultural understanding and educational opportunities related to Vedic knowledge and traditions.


Official website here: www.shrisitaram.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Stars)

The Shri Sita Ram Foundation USA has received a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and financial health. The overall score is primarily derived from an impressive performance in the Accountability & Finance beacon, indicating that the organization maintains a high level of transparency and effective financial management.

Notably, the foundation boasts a fully independent board, with 100% of its members being independent, and it has been rated highly for its lack of material diversion of assets. Furthermore, the organization demonstrates strong program expense ratios, allocating nearly 98% of its spending directly towards its programs, which suggests a commitment to its mission.

However, the foundation does have some areas for improvement. It lacks policies on conflict of interest, whistleblower protections, and document retention, which may raise concerns about governance practices. Addressing these gaps could enhance its operational integrity and reinforce stakeholder confidence.


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

Is Shri Sita Ram Foundation Usa legitimate?

Shri Sita Ram Foundation Usa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shri Sita Ram Foundation Usa 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


Official website here: www.shrisitaram.org

What is the mission statement of Shri Sita Ram Foundation Usa?

The Shri Sita Ram Foundation U.S.A is a philanthropic organization that supports various activities, both directly and indirectly, with a focus on promoting Vedic culture. The foundation assists cultural and educational institutions in their endeavors to spread Vedic knowledge. Additionally, it offers scholarships to underprivileged students and aids disadvantaged members of the community. Notably, the foundation organizes Vedic plays (Ram Leela) and promotes stories from Vedic scriptures. Its mission is centered around providing support for the promotion of Vedic culture and education.


Official website here: www.shrisitaram.org

Who is the CEO of Shri Sita Ram Foundation Usa?

Arun Verma is the President of Shri Sita Ram Foundation Usa.


Official website here: www.shrisitaram.org

What is the revenue of Shri Sita Ram Foundation Usa?

Shri Sita Ram Foundation Usa's revenue in 2022 was $121,045.


Official website here: www.shrisitaram.org

Who are the executives of Shri Sita Ram Foundation Usa and what are their salaries?

There 100 volunteers at Shri Sita Ram Foundation Usa.


Here are 4 key members and their salaries:


Arun Verma (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vinodini Verma (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neal Akash Verma (Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nina Magon (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.shrisitaram.org

Where can I find the form 990 for Shri Sita Ram Foundation Usa?

Shri Sita Ram Foundation Usa's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.shrisitaram.org

Learn more at the official website: www.shrisitaram.org

Mission Statement of Shri Sita Ram Foundation Usa

The Shri Sita Ram Foundation USA is a philanthropic organization dedicated to promoting Vedic cultural activities. The foundation supports various cultural and educational institutions in their mission to preserve and share Vedic culture. One of their key initiatives is providing scholarships to underprivileged students and offering assistance to disadvantaged members of the community.

In addition to financial support, the Shri Sita Ram Foundation USA organizes events such as the Vedic play, Ram Leela, and promotes stories from Vedic scriptures. They also disseminate Vedic knowledge, contributing to the preservation and understanding of these ancient texts and traditions.

Moreover, the foundation provides funding for cultural activities and educational institutions, helping to ensure that Vedic culture continues to thrive and be shared with future generations. By supporting these institutions and individuals, the Shri Sita Ram Foundation USA plays a vital role in preserving and promoting the rich heritage of Vedic culture.

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Impact




June, 2024

Shri Sita Ram Foundation USA's impact lies in promoting Vedic cultural activities, organizing Vedic plays like Ram Leela, sharing stories from Vedic scriptures, and spreading Vedic knowledge in the community. Additionally, the Foundation provides funding to cultural and educational institutions to promote Vedic culture, offers scholarships to underprivileged students, and supports disadvantaged members of the community. Their work not only preserves and celebrates ancient traditions but also empowers individuals through education and assistance, thereby positively impacting mental health in the community.




This information is meant to be a general summary of Shri Sita Ram Foundation Usa. 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
$121,045 (2022)
Expenses
$342,843 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,759
  • Program Service Revenue: $25,456
  • Gross Receipts: $121,045

Assets and Liabilities:

  • Total Assets: $459,310
  • Total Liabilities: $0
  • Net Assets: $459,310

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EVENT TICKET SALE

Revenue

$25,456

Organization Details

Founding Year

2010

Principal Officer

Arun Verma

Main Address

1200 BLALOCK RD STE 210, HOUSTON, TX, 770556441

NTEE Category

Code: F12 - Mental health

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