Overview
What is Sikh Human Development Foundation?
The Sikh Human Development Foundation is a nonprofit organization that extends its support to the Nishkam Sikh Welfare Council. Their primary mission is to provide financial aid in the form of scholarships to students hailing from economically disadvantaged backgrounds. By granting these scholarships, the Sikh Human Development Foundation empowers these students to pursue their education, thereby contributing to their overall well-being and future prospects.
Official website here: www.shdf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58%, One-Star out of Four Stars
The Sikh Human Development Foundation has received a One-Star rating from Charity Navigator, primarily due to its low score of 58%. This score is based entirely on Accountability & Finance, indicating significant room for improvement in these areas. The organization lacks independent board members and does not have necessary policies in place, such as a conflict of interest policy or a whistleblower policy, which are essential for ensuring transparency and accountability.
Despite these weaknesses, the organization does show strengths in certain financial metrics. It has a program expense ratio of 100%, meaning all expenditures are directed towards its programs. Additionally, it maintains a low liabilities to assets ratio of 0.11%, suggesting sound fiscal management in terms of organizational debt. However, the absence of independent oversight and crucial governance policies raises concerns about its operational integrity.
The reported lack of independent board members and missing key governance policies could hinder the nonprofit's ability to effectively manage its resources and maintain donor trust. To enhance its rating and overall effectiveness, the Sikh Human Development Foundation would benefit from establishing a more robust governance framework, increasing board independence, and implementing necessary compliance policies.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Sikh Human Development Foundation?
94% of 24 reviewers on Facebook recommend the Sikh Human Development Foundation. Here is a summary of their reviews:
While the majority of users express a positive sentiment towards the foundation, appreciating its mission and the impact it has on community development, there is a notable outlier in the feedback. One individual expressed a strong negative stance, stating they do not wish to engage with the foundation at all.
Overall, the overwhelming recommendation rate suggests that many individuals see value in the organization's efforts and support its objectives. However, it is important to acknowledge that there are dissenting opinions that could reflect personal experiences rather than the general operation of the nonprofit.
This AI summary has been generated from reviews found on Facebook.
Is Sikh Human Development Foundation legitimate?
Sikh Human Development Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sikh Human Development 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $29,868
For more financial information, click here
Official website here: www.shdf.org
What is the mission statement of Sikh Human Development Foundation?
The Sikh Human Development Foundation's mission involves supporting the cause of education equity. They accomplish this by granting funds to the Nishkam Sikh Welfare Council, which in turn provides scholarships to students from financially disadvantaged backgrounds. This initiative aims to empower these students by removing financial barriers to education, thereby enabling them to pursue their academic goals. The foundation's mission aligns with the broader objective of fostering opportunities for social mobility and equal access to education.
Official website here: www.shdf.org
Who is the CEO of Sikh Human Development Foundation?
Manmohan S Kumar is the Chairman of Sikh Human Development Foundation.
Official website here: www.shdf.org
What is the revenue of Sikh Human Development Foundation?
Sikh Human Development Foundation's revenue in 2022 was $842,664.
Official website here: www.shdf.org
Who are the executives of Sikh Human Development Foundation and what are their salaries?
The average compensation at Sikh Human Development Foundation during 2022 was $29,868. There is 1 employee at Sikh Human Development Foundation.
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Official website here: www.shdf.org
Where can I find the form 990 for Sikh Human Development Foundation?
Sikh Human Development Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.shdf.org
Learn more at the official website: www.shdf.org
Mission Statement of Sikh Human Development Foundation
The Sikh Human Development Foundation is an organization that plays a significant role in providing financial aid. Its primary mission is to grant scholarships to students hailing from low-income families. To accomplish this, the foundation channels its resources to the Nishkam Sikh Welfare Council. By doing so, it enables the council to distribute these scholarships, thereby providing educational opportunities to deserving students who might otherwise be unable to afford higher education due to financial constraints.
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Impact
July, 2024
The Sikh Human Development Foundation's impact lies in providing scholarships to students from low-income families through grants to the Nishkam Sikh Welfare Council. This support enables deserving students to pursue their education and achieve their academic goals, breaking the cycle of poverty and opening up opportunities for a brighter future. By focusing on education and empowering individuals through scholarship grants, the foundation plays a crucial role in fostering long-term development and enabling socio-economic progress within the community.
This information is meant to be a general summary of Sikh Human Development 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $20,165
- Gross Receipts: $842,664
Assets and Liabilities:
- Total Assets: $1,549,570
- Total Liabilities: $1,785
- Net Assets: $1,547,785
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Organization Details
Founding Year
1999
Principal Officer
Manmohan S Kumar
Main Address
10504 RIVERS BEND LANE, POTOMAC, MD, 20854
Website
www.shdf.orgNTEE Category
Code: B82 - Education
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