Overview
What is Vedic Cultural Society Inc?
Vedic Cultural Society Inc, located in Fort Pierce, Florida, is a nonprofit organization that fosters religious engagement and community building. Their activities include weekly general assembly prayer meetings, monthly senior club meetings involving children in religious discussions, and daily morning and evening prayers. The society's mission is centered around these religious gatherings, aiming to promote spiritual growth and unity within its community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that while Vedic Cultural Society Inc demonstrates some positive financial practices, there are significant areas that require improvement regarding accountability and transparency.
Strengths of the organization include a fully independent board with a complete score of 10 out of 10 for board member independence and size. It also shows a strong program expense ratio of 70.03%, meaning a substantial portion of its expenses directly supports its programs. Furthermore, there is no material diversion of assets and effective documentation of board meeting minutes, contributing positively to its financial accountability.
However, the organization faces notable limitations, particularly in areas concerning transparency. It lacks essential policies like a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, resulting in zero points in these categories. Additionally, the nonprofit's website is missing from its tax form, further impacting its overall accountability rating. Addressing these gaps could significantly enhance the organization's standing and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Vedic Cultural Society Inc legitimate?
Vedic Cultural Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vedic Cultural Society 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: $1,402
For more financial information, click here
What is the mission statement of Vedic Cultural Society Inc?
The Vedic Cultural Society Inc embodies a mission centered around spiritual gatherings and religious discussions. Each week, they conduct general assembly prayer meetings, encouraging participation from both adults and children. Additionally, they organize monthly senior club meetings, where these discussions take place. Daily routines include morning and evening prayers, further emphasizing their commitment to spiritual practices. The society aims to foster a spiritual environment where individuals can engage in religious discourse and prayer.
Who is the CEO of Vedic Cultural Society Inc?
Ranjana Patel is the Chairman of Vedic Cultural Society Inc.
What is the revenue of Vedic Cultural Society Inc?
Vedic Cultural Society Inc's revenue in 2022 was $75,460.
Who are the executives of Vedic Cultural Society Inc and what are their salaries?
There 13 volunteers at Vedic Cultural Society Inc.
Here are 14 key members and their salaries:
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Where can I find the form 990 for Vedic Cultural Society Inc?
Vedic Cultural Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Vedic Cultural Society Inc
Vedic Cultural Society Inc is an organization that is deeply rooted in religious practices and community involvement. A significant part of its mission involves conducting weekly general assembly prayer meetings, where individuals come together to engage in spiritual discussions. Additionally, the society holds monthly senior club meetings, inviting participating children to join in these religious dialogues. Beyond these regular gatherings, Vedic Cultural Society Inc also observes daily morning and evening prayers as part of its religious observances. By doing so, the organization fosters a sense of unity and spirituality among its members.
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Impact
August, 2024
Vedic Cultural Society Inc's impact can be seen through its regular activities that promote spiritual growth and community engagement. Through weekly general assembly prayer meetings, monthly senior club meetings with participating children in religious discussions, and daily morning and evening prayers, the organization fosters a sense of unity and connection among its members in Fort Pierce, FL. By providing opportunities for individuals to come together in worship and conversation, Vedic Cultural Society Inc creates a space for spiritual nourishment and support, ultimately enriching the lives of those involved.
This information is meant to be a general summary of Vedic Cultural Society 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: $75,460
Assets and Liabilities:
- Total Assets: $1,216,118
- Total Liabilities: $0
- Net Assets: $1,216,118
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Organization Details
Founding Year
1999
Phone
(772) 979-1540Principal Officer
Ranjana Patel
Main Address
PO BOX 13731, FORT PIERCE, FL, 34979
NTEE Category
Code: X21 - Religion related
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