Overview
What is The Linga Foundation Inc?
The Linga Foundation Inc, located in Madison, Wisconsin, is a nonprofit organization dedicated to offering assistance to the Swamy Gangadaranandha Children's Home. Their mission involves providing both financial and human resources to fund educational scholarship grants, mechanical equipment training initiatives, and housing support. Beyond their local focus, The Linga Foundation also extends its aid to the people of Sri Lanka, who have been affected by the civil war conflict and tsunami. As Sri Lanka enters a new phase of reconstruction and development in war-affected communities, The Linga Foundation provides direct funding to support the country's progress.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Linga Foundation Inc has received an overall score of 80%, reflecting a strong emphasis on accountability and financial management. The charity achieved a perfect score in several key areas, such as having a fully independent board and no material diversion of assets. Its program expense ratio is notably high at 99.93%, indicating that nearly all of its funds are directed toward fulfilling its mission.
The evaluation highlights that all board members are independent, contributing to a robust governance structure. Additionally, the foundation has an effective conflict of interest policy and consistently documents board meeting minutes, showcasing transparency in operations. These factors are significant indicators of the organization’s commitment to responsible financial practices.
However, while the high program expense ratio is a positive indicator, the rating is based solely on the Accountability & Finance beacon, which may mean less emphasis on other aspects such as impact or effectiveness in program delivery. Overall, The Linga Foundation Inc demonstrates solid financial stewardship but could benefit from a more comprehensive evaluation of its overall programmatic impact.
This AI summary has been generated from information found on Charity Navigator.
Is The Linga Foundation Inc legitimate?
The Linga Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Linga Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of The Linga Foundation Inc?
The Linga Foundation Inc's mission is centered around providing direct aid to the people of Sri Lanka who have been impacted by the civil war conflict and the tsunami. As Sri Lanka enters a new phase of reconstruction and development in war-affected communities, the foundation seeks to contribute by channeling resources, both financial and human. This involves offering educational scholarship grants, mechanical equipment training initiatives, and housing support for the Swamy Gangadarananda Children's Home. The foundation's goal is to assist in the rebuilding and development of these communities, thereby improving the lives of those affected.
Who is the CEO of The Linga Foundation Inc?
Mohan Sundaralingam is the Director of The Linga Foundation Inc.
What is the revenue of The Linga Foundation Inc?
The Linga Foundation Inc's revenue in 2022 was $15,005.
Who are the executives of The Linga Foundation Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Linga Foundation Inc?
The Linga Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Linga Foundation Inc
The Linga Foundation Inc is committed to aiding the people of Sri Lanka who have been affected by the civil war conflict and the devastating tsunami. As Sri Lanka enters a new phase of reconstruction and development in war-affected communities, this nonprofit organization provides direct funding to support these individuals. Their mission is to channel both financial and human resources towards various initiatives to help those in need.
One of the ways The Linga Foundation Inc carries out its mission is by offering educational scholarship grants. These grants provide opportunities for individuals to pursue their education, which can lead to better career prospects and improved living conditions. Additionally, the foundation focuses on mechanical equipment training initiatives. By equipping individuals with necessary skills, they can contribute to their communities' development and rebuilding efforts.
Furthermore, The Linga Foundation Inc provides housing support for the Swamy Gangadarannanda Children's Home. This home offers a safe and nurturing environment for children who have been affected by the conflicts in Sri Lanka. By providing housing support, the foundation ensures that these children have a stable living situation, which is essential for their overall well-being and development.
In summary, The Linga Foundation Inc is a nonprofit organization that aims to support the people of Sri Lanka who have been affected by the civil war conflict and tsunami. They channel resources towards educational scholarships, mechanical equipment training initiatives, and housing support for the Swamy Gangadarannanda Children's Home. Their mission is to help these individuals as Sri Lanka enters a new phase of reconstruction and development in war-affected communities.
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Impact
August, 2024
The Linga Foundation Inc provides direct funding to support the people of Sri Lanka affected by the civil war conflict and tsunami. They channel resources, both financial and human, to offer educational scholarship grants, mechanical equipment training initiatives, and housing support for the Swamy Gangadarananda Children's Home. By focusing on reconstruction and development in war-affected communities, The Linga Foundation Inc makes a significant impact on the lives of those in need in Sri Lanka.
This information is meant to be a general summary of The Linga Foundation Inc. 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.
- Gross Receipts: $15,005
Assets and Liabilities:
- Total Assets: $15,504
- Total Liabilities: $0
- Net Assets: $15,504
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Organization Details
Founding Year
2015
Phone
(917) 310-1053Principal Officer
Mohan Sundaralingam
Main Address
2637 STEVENS STREET, MADISON, WI, 53705
NTEE Category
Code: Q33 - International
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