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Brahmananda Saraswati Yagya Foundation

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

EIN: 463250017 ✦ Fairfield, IA ✦ Designated as a 501(c)(3)

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Overview

What is Brahmananda Saraswati Yagya Foundation?

The Brahmananda Saraswati Yagya Foundation is a nonprofit organization situated in Fairfield, Iowa. Their primary mission is to foster the growth of Vedic knowledge worldwide, with a particular focus on promoting Vedic yagyas and their practices. By supporting Vedic pandits in India, this foundation aims to establish harmony and progress on various levels of life. As per the information provided, the organization has a small workforce of four employees.

What are the reviews and ratings of this charity?

**Rating from Charity Navigator: 95% (Four-Star out of Four Star rating)**

The Brahmananda Saraswati Yagya Foundation has achieved an impressive 95% rating on Charity Navigator, reflecting its strong accountability and financial management practices. This rating is particularly significant as it underscores the charity's effectiveness in handling its finances and ensuring that the majority of its resources are directed toward its programs, with an exceptional program expense ratio of nearly 94%. The organization has a fully independent board and demonstrates rigorous adherence to governance standards.

While the foundation's financial stability is commendable, it is worth noting that it has not been evaluated for impact and measurement, culture and community, or leadership and adaptability. This absence of scoring in these areas may limit a full understanding of its overall effectiveness and the tangible impacts of its work in the community.

User reviews from GreatNonprofits could not be fetched, so specific user feedback is unavailable at this time. However, the charity's strong financial and accountability scores establish a solid foundation of trust for potential donors and supporters.


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

Is Brahmananda Saraswati Yagya Foundation legitimate?

Brahmananda Saraswati Yagya Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brahmananda Saraswati Yagya 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: $36,784
Professional Fundraising Fees: $0
Other Salaries and Wages: $77,214

For more financial information, click here

What is the mission statement of Brahmananda Saraswati Yagya Foundation?

The Brahmananda Saraswati Yagya Foundation's mission is centered around promoting the dissemination of Vedic knowledge globally. Particularly, they aim to foster the understanding and practice of Vedic yagyas to encourage harmony and progress on various levels of life. To accomplish this, the foundation supports Vedic pandits in India, contributing to the expansion of Vedic knowledge worldwide and its application for the betterment of society.

Who is the CEO of Brahmananda Saraswati Yagya Foundation?

Richard Boyland is the President And Director of Brahmananda Saraswati Yagya Foundation.

What is the revenue of Brahmananda Saraswati Yagya Foundation?

Brahmananda Saraswati Yagya Foundation's revenue in 2022 was $9,613,628.

Who are the executives of Brahmananda Saraswati Yagya Foundation and what are their salaries?

The average compensation at Brahmananda Saraswati Yagya Foundation during 2022 was $28,500. There are 4 employees at Brahmananda Saraswati Yagya Foundation.


Here are 7 key members and their salaries:


Neil Paterson (President And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Boyland (Treasurer And Director)
  • Compensation: $12,000
  • Related: $0
  • Other: $0
Michael Busch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Satinder Swaroop (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suresh Chatrani (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ravi Patel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Petersen (Secretary)
  • Compensation: $24,784
  • Related: $0
  • Other: $0
Where can I find the form 990 for Brahmananda Saraswati Yagya Foundation?

Brahmananda Saraswati Yagya Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Brahmananda Saraswati Yagya Foundation

The Brahmananda Saraswati Yagya Foundation, in its mission, aims to foster the growth of Vedic knowledge globally, with a particular focus on promoting Vedic yagyas. This nonprofit organization seeks to advance harmony and progress on various levels of life. To achieve this goal, the foundation supports Vedic pandits in India, contributing to the expansion of Vedic knowledge worldwide. By doing so, the Brahmananda Saraswati Yagya Foundation strives to promote harmony and progress, thereby making a significant impact on the lives of many.

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Impact




July, 2024

The Brahmananda Saraswati Yagya Foundation's impact lies in supporting the expansion of Vedic knowledge in the world through the support of Vedic pandits in India. By promoting harmony and progress on every level of life, the foundation plays a vital role in preserving and spreading ancient wisdom and spiritual practices. This work contributes to a deeper understanding of Vedic traditions and their relevance in today's world, fostering positive transformation and enlightenment.




This information is meant to be a general summary of Brahmananda Saraswati Yagya 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.

Revenue
$9,613,628 (2022)
Expenses
$8,510,075 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $51,678
  • Gross Receipts: $10,261,191

Assets and Liabilities:

  • Total Assets: $16,051,294
  • Total Liabilities: $253,338
  • Net Assets: $15,797,956

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Organization Details

Founding Year

2013

Principal Officer

Richard Boyland

Main Address

PO BOX 46, FAIRFIELD, IA, 52556

NTEE Category

Code: X99 - Religion related

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