Sri Mahalakshmi Temple Of Atlanta Inc

Charity Navigator Rating: 52% (One-Star out of Four Star rating)

Sri Mahalakshmi Temple Of Atlanta Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored only 52% overall, reflecting issues such as a complete lack of independent board members and missing critical policies like conflict of interest and whistleblower protections.

Despite these challenges, the temple appears to allocate 100% of its expenses to programs, which suggests a commitment to its mission. However, the absence of financial statements and documented board meeting minutes raises red flags about transparency and governance. Additionally, a perfect score in the liabilities to assets ratio indicates that the organization does not carry debt, which is a positive aspect of its financial health.

Overall, while the temple demonstrates strong program expense management, its governance and accountability issues need significant improvement to enhance trust and reliability among its stakeholders. Without addressing these limitations, the organization may face challenges in attracting support and fulfilling its mission effectively.

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

Sri Mahalakshmi Temple Of Atlanta Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sri Mahalakshmi Temple Of Atlanta 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: $36,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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Official website here: www.srimahalakshmitempleofatlanta.org