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Om Foundation Inc

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

EIN: 824993198 ✦ Monroe township, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Om Foundation Inc?

Om Foundation Inc, situated in Monroe Township, New Jersey, is a nonprofit organization committed to supporting research aimed at preventing or terminating childhood cancer. They strive to promote cancer awareness through education about post-diagnosis and preventative measures. Additionally, they aim to bring positivity and perseverance to children, particularly those affected by life-altering illnesses. The foundation encourages community involvement and offers service opportunities for students. Their mission is multifaceted, focusing on supporting research, promoting awareness, and uplifting children in need.


Official website here: www.smilesforom.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Star rating)

Om Foundation Inc has received an overall score of 83%, which reflects a strong focus on accountability and finance. The charity scores particularly well in areas such as having a completely independent board and no material diversion of assets, indicating a solid governance structure. With a program expense ratio of 98.41%, the organization directs nearly all of its funds towards its programs, demonstrating a commitment to effective resource utilization.

However, there are notable limitations in Om Foundation Inc’s governance practices. The charity lacks a whistleblower policy and a document retention and destruction policy, both of which are important for organizational transparency and accountability. Despite these gaps, the charity does maintain accurate meeting minutes and a conflict of interest policy, which contributes positively to its accountability score.

Overall, while the Om Foundation Inc has strengths in board independence and financial management, it would benefit from enhancing its governance policies to further improve its accountability practices.


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

What do the Facebook reviews say about Om Foundation Inc?

Though the Om Foundation Inc has not yet received a formal rating, early sentiments from reviewers paint a heartwarming picture. One participant shared their personal experiences at various events, emphasizing the strong sense of community and support surrounding the foundation. They expressed pride in the foundation's mission and ongoing initiatives that bring the community together.

The reviews highlight a deep appreciation for the impact the foundation has on local residents, with specific mentions of projects like library enhancements and community walks that resonate with the community's values and desires. This positive engagement indicates a promising support base for the foundation's endeavors.

Overall, the sentiments reflect a community that is enthusiastic and committed to the Om Foundation, suggesting that the organization is well-regarded and making a meaningful difference in the lives of those it touches.


This AI summary has been generated from reviews found on Facebook.

Is Om Foundation Inc legitimate?

Om Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Om Foundation 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


Official website here: www.smilesforom.org

What is the mission statement of Om Foundation Inc?

The Om Foundation Inc's mission is centered around three key areas. Firstly, it aims to bring joy, positive attitudes, and resilience to children, particularly those battling life-altering illnesses. Secondly, the foundation promotes cancer awareness through education, focusing on post-diagnosis as well as preventive measures. Lastly, it supports research aimed at preventing or terminating childhood cancer. Furthermore, the foundation provides service opportunities to engage students in its cause and strengthens the community by fostering unity in supporting those in need.


Official website here: www.smilesforom.org

Who is the CEO of Om Foundation Inc?

Ketul Parikh is the Trustee of Om Foundation Inc.


Official website here: www.smilesforom.org

What is the revenue of Om Foundation Inc?

Om Foundation Inc's revenue in 2022 was $74,607.


Official website here: www.smilesforom.org

Who are the executives of Om Foundation Inc and what are their salaries?


Here are 3 key members and their salaries:


Ashwin Pandya (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ketul Parikh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Krupa Parikh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.smilesforom.org

Where can I find the form 990 for Om Foundation Inc?

Om Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.smilesforom.org

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

Mission Statement of Om Foundation Inc

The Om Foundation Inc is dedicated to several significant objectives. One of its primary missions is to bring joy, optimism, and resilience to children, particularly those who are grappling with a life-altering illness. The organization strives to create a positive environment for these children, fostering an attitude of perseverance.

Another crucial aspect of the Om Foundation's mission is to promote cancer awareness. To achieve this, they provide educational resources about post-diagnosis as well as preventive measures. By raising awareness, they aim to empower individuals with knowledge, enabling them to take proactive steps towards cancer prevention.

Furthermore, the Om Foundation supports research aimed at preventing or eradicating childhood cancer. By investing in research, they contribute to the scientific community's efforts to develop effective treatments and potentially even a cure for childhood cancer.

Beyond these objectives, the Om Foundation offers service opportunities for students to get involved in their cause. By engaging students, they aim to foster a sense of community and encourage the next generation to support those in need. Lastly, the foundation works towards strengthening the community by bringing people together to support those facing challenges.

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Impact




August, 2024

Om Foundation Inc has a significant impact on society by bringing smiles, positive attitudes, and the power of perseverance to children, particularly those facing life-altering illnesses. Additionally, the organization plays a crucial role in promoting cancer awareness through education on post-diagnosis care and preventative measures. Om Foundation Inc also actively supports research aimed at preventing or curing childhood cancer. By providing service opportunities for students to engage with their cause, the organization strengthens the community's bond and support for those in need.




This information is meant to be a general summary of Om Foundation 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
$74,607 (2022)
Expenses
$64,590 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $74,607

Assets and Liabilities:

  • Total Assets: $84,347
  • Total Liabilities: $0
  • Net Assets: $84,347

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Organization Details

Founding Year

2018

Principal Officer

Ketul Parikh

Main Address

1 SCENIC WAY, MONROE TOWNSHIP, NJ, 08831

NTEE Category

Code: O12 - Youth development

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