Overview
What is Tracy Investments Inc?
Tracy Investments Inc is a nonprofit organization that primarily focuses on supporting Gurudwara Guru Nanak Parkash, a religious place of worship located in Las Vegas, Nevada. Their mission is to construct and maintain this sacred space, serving as a hub for religious activities. As a general religion organization, they contribute to the spiritual well-being of their community by upholding and preserving religious values.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0%
Tracy Investments Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization has a notably low overall score of 13%, reflecting poor performance in key areas such as governance, financial transparency, and operational efficiency. Notably, there are no independent members on its board, which raises questions about its governance structure.
The charity has been cited for missing crucial policies that enhance accountability, including a conflict of interest policy and a whistleblower policy. Furthermore, essential documentation such as their website, which should be listed on their tax form, is absent. These deficiencies contribute to an atmosphere of opaqueness regarding the organization’s operations and financial health.
While there are no reported material diversions of assets, indicating some level of financial integrity, the absence of program expenses raises concerns about the effectiveness of their initiatives. With a liabilities to assets ratio of just 3.59%, it suggests that the organization is not utilizing its resources effectively. Overall, the low rating serves as a caution to potential donors regarding the charity's operational practices and governance.
This AI summary has been generated from information found on Charity Navigator.
Is Tracy Investments Inc legitimate?
Tracy Investments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tracy Investments 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 Tracy Investments Inc?
Tracy Investments Inc, as an organization, is committed to constructing and preserving a sacred space for religious worship. This mission is carried out within the realm of general religious activities. While specific details about the location of this organization are not provided, it is known that they contribute significantly to the establishment and upkeep of a religious sanctuary.
Who is the CEO of Tracy Investments Inc?
Bhupinder Bhatti is the Director of Tracy Investments Inc.
What is the revenue of Tracy Investments Inc?
Tracy Investments Inc's revenue in 2022 was $137,675.
Who are the executives of Tracy Investments 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 Tracy Investments Inc?
Tracy Investments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tracy Investments Inc
Tracy Investments Inc, as a general religion organization, is dedicated to constructing and preserving a sacred space for worship. This mission is carried out by Gurudwara Guru Nanak Parkash, a specific entity under Tracy Investments Inc. This religious organization is committed to building and maintaining a place of worship that adherents can utilize for their spiritual needs. The primary focus of this mission is to serve as a hub for religious practices and beliefs, providing a sanctuary for individuals to connect with their faith.
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Impact
October, 2024
Tracy Investments Inc plays a vital role in the Los Angeles community by building and maintaining the Gurudwara Guru Nanak Parkash, a significant place of worship. This religious establishment not only serves as a spiritual sanctuary for individuals seeking guidance and community connection but also fosters cultural awareness and inclusivity in the region.
By providing a dedicated space for worship, Tracy Investments Inc helps cultivate a sense of belonging among its members, promoting faith, spirituality, and community service. The Gurudwara also acts as a hub for various community activities, educational programs, and outreach initiatives, contributing to the overall well-being of individuals in Las Vegas.
Through its mission, Tracy Investments Inc impacts the local community by nurturing a supportive environment that celebrates diversity and encourages interfaith dialogue, thereby enriching the cultural fabric of the area. Its commitment to maintaining this religious place underscores its dedication to serving the spiritual needs of the community while also promoting values of peace, tolerance, and understanding.
This information is meant to be a general summary of Tracy Investments 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: $137,675
Assets and Liabilities:
- Total Assets: $2,309,607
- Total Liabilities: $83,142
- Net Assets: $2,226,465
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Organization Details
Founding Year
2013
Phone
(702) 909-8013Principal Officer
Bhupinder Bhatti
Main Address
2400 SOUTH CIMARRON ROAD 140, LAS VEGAS, NV, 89117
NTEE Category
Code: X70 - Religion related
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