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India American Cultural Association Inc

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

EIN: 510153375 ✦ Smyrna, GA ✦ Designated as a 501(c)(3)

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Overview

What is India American Cultural Association Inc?

The India American Cultural Association Inc, a nonprofit organization, is dedicated to fostering cultural and religious understanding and awareness. They accomplish this by organizing various programs, serving as a platform for individuals to connect with their cultural heritage and ethnic identity. Their mission revolves around promoting cultural diversity and fostering a sense of unity among individuals of Indian origin. The association's activities encompass a wide range of cultural events and religious observances, thereby offering a rich and enriching experience for its members and the broader community.


Official website here: www.iacaatl.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% - Three-Star out of Four Star Rating

The India American Cultural Association Inc has received a solid Three-Star rating from Charity Navigator, indicating a good level of accountability and financial health. The overall score of 81% is exclusively derived from its Accountability & Finance metrics, showcasing the organization's commitment to responsible governance and transparency.

One of the key strengths of the organization is its board structure, with 100% independent board members, which reflects a strong commitment to unbiased decision-making. Additionally, the organization has demonstrated effective management practices by having no material diversion of assets and maintaining a low liabilities to assets ratio of 4.37%. Furthermore, all necessary policies regarding conflicts of interest, whistleblowing, and document management are in place, highlighting a robust governance framework.

Despite the positive indicators, it is essential to note that the rating is based solely on financial accountability and does not assess programmatic effectiveness or impact, which are also critical aspects for potential donors and supporters to consider. However, the high program expense ratio of 100% suggests that all expenses are directed toward its programs, which can be seen as a positive sign of its operational focus.


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

Is India American Cultural Association Inc legitimate?

India American Cultural Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. India American Cultural Association 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: $101,283

For more financial information, click here


Official website here: www.iacaatl.org

What is the mission statement of India American Cultural Association Inc?

The India American Cultural Association Inc. is dedicated to fostering cultural and religious activities. Through various programs, they strive to enhance cultural and ethnic understanding. Their mission is centered around promoting awareness and celebrating the rich heritage and traditions of different cultures.


Official website here: www.iacaatl.org

Who is the CEO of India American Cultural Association Inc?

Chand Akkineni is the President of India American Cultural Association Inc.


Official website here: www.iacaatl.org

What is the revenue of India American Cultural Association Inc?

India American Cultural Association Inc's revenue in 2022 was $727,185.


Official website here: www.iacaatl.org

Who are the executives of India American Cultural Association Inc and what are their salaries?

The average compensation at India American Cultural Association Inc during 2022 was $50,642. There are 2 employees and 350 volunteers at India American Cultural Association Inc.


Here are 5 key members and their salaries:


Chand Akkineni (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dhananjay Gupta (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ranjeethaveena Pol (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rani Singh (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chaitanya Bhatt (Excutive Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.iacaatl.org

Where can I find the form 990 for India American Cultural Association Inc?

India American Cultural Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.iacaatl.org

Learn more at the official website: www.iacaatl.org

Mission Statement of India American Cultural Association Inc

The India American Cultural Association, a nonprofit organization, is dedicated to the pursuit of cultural and religious activities. Their mission is to foster an environment that encourages the understanding and appreciation of various cultures and ethnicities. Through a series of programs, the association aims to promote cultural awareness and ethnic sensitivity. By engaging in these activities, the India American Cultural Association strives to build a more inclusive and diverse community.

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Impact




July, 2024

India American Cultural Association Inc has a significant impact on promoting cultural and ethnic awareness through its various programs and activities. By engaging in cultural and religious activities, the organization helps to preserve and celebrate Indian heritage within the local community. Through events and initiatives, the India American Cultural Association fosters a sense of belonging and pride among Indian Americans while also offering opportunities for individuals from diverse backgrounds to learn about and appreciate Indian culture. The association's dedication to promoting the arts and cultural exchange contributes to a more vibrant and inclusive community in Smyrna, GA.




This information is meant to be a general summary of India American Cultural Association 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.

Revenue
$727,185 (2022)
Expenses
$414,733 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $135
  • Program Service Revenue: $694,909
  • Gross Receipts: $727,185

Assets and Liabilities:

  • Total Assets: $5,923,457
  • Total Liabilities: $258,962
  • Net Assets: $5,664,495

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CULTURAL & RELIGIOUS SERVICES

Revenue

$694,909

Organization Details

Founding Year

1975

Principal Officer

Chand Akkineni

Main Address

1281 COOPER LAKE ROAD, SMYRNA, GA, 30082

NTEE Category

Code: A230 - Arts

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