Overview
What is Sri Veda Vidya Peetham?
Sri Veda Vidya Peetham is a religious organization or church situated in Tracy, California. Its primary focus and mission are to operate a Hindu Temple. The organization provides a spiritual space for the Hindu community and potentially others who seek peace, reflection, and connection with their faith. The Temple's activities and services may include religious ceremonies, festivals, and community events, fostering a sense of unity and cultural preservation for its members.
Official website here: www.svvp.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (54%)
Sri Veda Vidya Peetham has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The overall score is primarily based on its Accountability & Finance metrics, where it scored 54%. This low score is predominantly due to the absence of independent board members and missing essential governance policies such as conflict of interest and whistleblower policies.
Despite these governance issues, the organization maintains a high program expense ratio of 84.17%, suggesting that a substantial portion of its expenditures is directed towards its programs. Additionally, it has a low liabilities to assets ratio of 8.48%, indicating a relatively sound financial structure in terms of liabilities. However, the lack of transparency in financial reporting, with no financial statements available, raises red flags for potential donors and stakeholders.
Overall, while Sri Veda Vidya Peetham demonstrates a commitment to its mission through program spending, the significant deficiencies in governance practices and accountability measures highlight areas that need improvement. Potential supporters may want to consider these factors carefully before contributing to the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Sri Veda Vidya Peetham legitimate?
Sri Veda Vidya Peetham is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sri Veda Vidya Peetham 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: $62,850
Professional Fundraising Fees: $0
Other Salaries and Wages: $70,710
For more financial information, click here
Official website here: www.svvp.org
What is the mission statement of Sri Veda Vidya Peetham?
Sri Veda Vidya Peetham, being a religious organization or church, is dedicated to the operation of a Hindu Temple. The core mission of Sri Veda Vidya Peetham involves the management and upkeep of a sacred place of worship for the Hindu community. This temple serves as a spiritual sanctuary, providing a space for devotees to connect with their faith and practice their religious beliefs. The organization's mission may also encompass promoting spiritual growth, fostering cultural understanding, and providing a sense of community for its members.
Official website here: www.svvp.org
Who is the CEO of Sri Veda Vidya Peetham?
Chintapalli Venkateswara Sharma is the Chintapalli of Sri Veda Vidya Peetham.
Official website here: www.svvp.org
What is the revenue of Sri Veda Vidya Peetham?
Sri Veda Vidya Peetham's revenue in 2022 was $1,034,443.
Official website here: www.svvp.org
Who are the executives of Sri Veda Vidya Peetham and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.svvp.org
Where can I find the form 990 for Sri Veda Vidya Peetham?
Sri Veda Vidya Peetham's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.svvp.org
Learn more at the official website: www.svvp.org
Mission Statement of Sri Veda Vidya Peetham
Sri Veda Vidya Peetham, as a religious organization or church, is established with a singular mission: to operate a Hindu Temple. This mission encompasses providing a spiritual sanctuary for individuals who follow the Hindu faith, offering them a place to connect with their religious beliefs and practices. The temple serves as a hub for religious activities and ceremonies, allowing individuals to engage in communal worship and foster a sense of community among fellow believers. The organization's mission is centered around the preservation and promotion of Hindu traditions, providing a space where these practices can be upheld and celebrated.
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Impact
July, 2024
Sri Veda Vidya Peetham's impact is deeply rooted in its dedication to upholding Hindu traditions and providing a spiritual sanctuary for the community in Tracy, CA. Through its operation of a Hindu Temple, the organization plays a vital role in preserving cultural heritage, fostering religious education, and offering a place of worship for individuals seeking spiritual connection and guidance. The temple serves as a hub for various religious activities, ceremonies, and events that bring people together to celebrate and practice their faith. Sri Veda Vidya Peetham's impact can be seen in the lives it touches, the traditions it sustains, and the sense of community and belonging it nurtures among its members.
This information is meant to be a general summary of Sri Veda Vidya Peetham. 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: $34
- Program Service Revenue: $1,019,409
- Gross Receipts: $1,034,443
Assets and Liabilities:
- Total Assets: $933,624
- Total Liabilities: $79,219
- Net Assets: $854,405
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Donations
Revenue
$1,019,409
Organization Details
Founding Year
2016
Principal Officer
Chintapalli Venkateswara Sharma
Main Address
19382 W Grant Line Rd, TRACY, CA, 95391
Website
www.svvp.orgNTEE Category
Code: X70 - Religion related
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