Overview
What is Satsang Foundation?
Satsang Foundation, a charitable 501(c)(3) organization, is headquartered in Cerritos, California. With a dedication to supporting projects and educational institutions, the foundation strives to impart essential life skills to individuals in need. Their primary focus revolves around promoting spiritual values through education and music, establishing a harmonious blend of spiritual enrichment and practical learning. The organization is committed to making a positive impact in society.
Official website here: www.satsangfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53% (One-Star out of Four Star Rating)
The Satsang Foundation has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With an overall score of 53%, the organization shows strengths in program expenses, allocating approximately 93.93% of its budget to programs. However, the lack of independent board members and missing key policies such as conflict of interest and whistleblower protection raise red flags about its governance structure.
The foundation's accountability weaknesses are further highlighted by the absence of documented board meeting minutes and failure to post its tax form on its website, which are essential for transparency. While the organization has not experienced any material diversion of assets, the lack of independent oversight and governance policies could potentially undermine trust among supporters and beneficiaries.
In summary, while the Satsang Foundation demonstrates a strong commitment to its programmatic focus, significant governance and transparency issues need to be addressed. Enhancing board independence and implementing necessary policies would improve their rating and possibly their overall effectiveness in fulfilling their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Satsang Foundation legitimate?
Satsang Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Satsang Foundation 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.satsangfoundation.org
What is the mission statement of Satsang Foundation?
The Satsang Foundation, a charitable and tax-exempt organization under 501(c)(3), is committed to supporting projects and educational institutions that teach crucial life skills to individuals in need. Its mission is to promote spiritual values, achieving this objective through education and music. The foundation is dedicated to empowering people by providing them with the necessary tools to lead fulfilling lives.
Official website here: www.satsangfoundation.org
Who is the CEO of Satsang Foundation?
Unavailable
Official website here: www.satsangfoundation.org
What is the revenue of Satsang Foundation?
Satsang Foundation's revenue in 2022 was $70,214.
Official website here: www.satsangfoundation.org
Who are the executives of Satsang Foundation and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.satsangfoundation.org
Where can I find the form 990 for Satsang Foundation?
Satsang Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.satsangfoundation.org
Learn more at the official website: www.satsangfoundation.org
Mission Statement of Satsang Foundation
Satsang Foundation, a charitable and tax-exempt organization under 501(C)(3), is devoted to supporting projects and educational institutions that teach essential life skills to individuals in need. The mission of this nonprofit organization is to promote spiritual values through education and music. Satsang Foundation strives to uplift and empower communities by backing initiatives and educational institutions that emphasize the importance of life skills. By doing so, the foundation aims to contribute to the betterment of society as a whole.
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Impact
August, 2024
Satsang Foundation's impact lies in promoting spiritual values through education and music. By supporting projects and educational institutions focused on teaching life skills to those in need, Satsang Foundation is making a tangible difference in the lives of individuals and communities. Through their charitable efforts, they are helping to uplift and empower individuals by providing them with the tools and knowledge necessary to navigate life more successfully. Their commitment to promoting spiritual growth and education is evident in the impact they are making in the community.
This information is meant to be a general summary of Satsang Foundation. 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.
- Program Service Revenue: $13,115
- Gross Receipts: $70,214
Assets and Liabilities:
- Total Assets: $65,832
- Total Liabilities: $0
- Net Assets: $65,832
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT FEES
Revenue
$13,115
Organization Details
Founding Year
1993
Phone
(562) 865-9200Main Address
18823 S ROCHELLE AVENUE, CERRITOS, CA, 90703
Website
www.satsangfoundation.orgNTEE Category
Code: A23 - Arts
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