Overview
What is Gitananda?
Gitananda is a nonprofit organization, rooted in Buddhist beliefs, established in The Colony, Texas. Its primary objective is to disseminate its religious teachings far and wide. As a religious organization, Gitananda serves as a platform for spreading spiritual wisdom and fostering a community of individuals who share similar beliefs. The organization's mission remains centered on this purpose, making it an essential part of the Buddhist community in Texas.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
Gitananda has received a rating of 73%, indicating a moderate level of performance in the nonprofit sector. The organization excels in several areas, specifically boasting a 100% independent board composition and no reported material diversion of assets. Additionally, Gitananda demonstrates strong financial health with a liabilities to assets ratio of 0.00% and a program expense ratio of 100.00%, suggesting all of its expenses are directed towards its programs.
However, despite these strengths, the overall two-star rating reflects potential concerns in areas not detailed in the provided data. While the organization is transparent about board operations, it is essential to consider that a higher rating would typically require broader accountability measures or programmatic effectiveness metrics that might not be fully captured here.
In summary, Gitananda showcases significant strengths in governance and financial management. Still, the two-star rating suggests that there may be areas for improvement in overall accountability and operational effectiveness that could enhance its standing within the nonprofit community.
This AI summary has been generated from information found on Charity Navigator.
Is Gitananda legitimate?
Gitananda is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gitananda 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 Gitananda?
Gitananda, being a Buddhist religious organization, is committed to spreading its teachings as its primary mission. This organization, although not specified in the provided information, likely aims to spread spiritual enlightenment, promote peace, and foster a deep understanding of Buddhist principles among its followers and beyond. The organization may also engage in activities such as meditation, community outreach, and educational programs to further its goals. However, without additional information, the specifics of these activities remain unknown.
What is the revenue of Gitananda?
Gitananda's revenue in 2024 was $100,513.
Who are the executives of Gitananda and what are their salaries?
There 3 volunteers at Gitananda.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Gitananda?
Gitananda's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Gitananda
Gitananda, a Buddhist religious organization, is dedicated to propagating its teachings. The primary mission of this organization is to share its spiritual beliefs and principles with a wider audience, promoting a sense of enlightenment and tranquility. Gitananda strives to spread its influence beyond its confines, embracing the opportunity to impart its wisdom and wisdom to others. By doing so, Gitananda seeks to contribute to a more harmonious and enlightened society.
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Impact
October, 2024
Gitananda has made a significant impact as a Buddhist organization, primarily through its mission to disseminate teachings of Buddhism in The Colony, TX. By fostering a deeper understanding of Buddhist principles, Gitananda contributes to the spiritual growth of its community, enriching the lives of its members and promoting mindfulness and compassion. Its activities create a space for individuals to explore spiritual practices and community engagement, which facilitate personal development and social cohesion. Gitananda serves as a vital resource for those seeking guidance in their spiritual journey, thereby enhancing the overall cultural and religious diversity of the area.
This information is meant to be a general summary of Gitananda. 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 2024.
- Investment Income: $63
- Gross Receipts: $100,513
Assets and Liabilities:
- Total Assets: $127,162
- Total Liabilities: $0
- Net Assets: $127,162
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Organization Details
Founding Year
1978
Principal Officer
Saroj R Suthar
NTEE Category
Code: X50 - Religion related
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