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Lotus Charitable Foundation

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

EIN: 841948482 ✦ Simi valley, CA ✦ Designated as a 501(c)(3)

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Overview

What is Lotus Charitable Foundation?

Lotus Charitable Foundation is a benevolent organization situated in Simi Valley, California. Their primary objective is to contribute financially and offer aid to various charitable causes. An essential part of their mission includes traveling to India. Although the description does not specify the exact nature of their charitable activities, it is clear that they are dedicated to making a positive impact in the community and beyond.

Is Lotus Charitable Foundation legitimate?

Lotus Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lotus Charitable Foundation submitted a form 990EZ, 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.

What is the mission statement of Lotus Charitable Foundation?

The Lotus Charitable Foundation, as a scholarship or financial aid organization, is committed to donating funds and contributing to charitable causes. Beyond this, the foundation also supports ventures that involve traveling to India. The organization's primary goal is to offer financial aid and contribute to charitable initiatives. Its involvement in India-related activities underscores its desire to expand its reach and impact beyond local boundaries.

Who is the CEO of Lotus Charitable Foundation?

Yashpal Guru is the President of Lotus Charitable Foundation.

What is the revenue of Lotus Charitable Foundation?

Lotus Charitable Foundation's revenue in 2022 was $50,000.

Who are the executives of Lotus Charitable Foundation and what are their salaries?


There is 1 key member and their salary:


Yashpal Guru (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Lotus Charitable Foundation?

Lotus Charitable Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Lotus Charitable Foundation

The Lotus Charitable Foundation, a distinguished organization, is committed to donating funds and contributing to charitable causes. Their primary mission lies in providing financial aid and supporting various philanthropic endeavors. In addition to this, the foundation has an interest in traveling to India. This multifaceted mission reflects their dedication to both local and international charitable initiatives.

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Impact




August, 2024

Lotus Charitable Foundation has a significant impact on supporting charitable causes by providing scholarships and financial aid to those in need. Through its mission of donating funds and supporting charitable purposes, the foundation helps individuals pursue education and opportunities that they may not have access to otherwise. Additionally, the foundation's involvement in initiatives such as traveling to India showcases its commitment to making a difference beyond its local community. Overall, Lotus Charitable Foundation plays a crucial role in empowering individuals and promoting educational advancement through its charitable work.




This information is meant to be a general summary of Lotus Charitable 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.

Revenue
$50,000 (2022)
Expenses
$45,389 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $50,000

Assets and Liabilities:

  • Total Assets: $70,314
  • Total Liabilities: $0
  • Net Assets: $70,314

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Organization Details

Principal Officer

Yashpal Guru

Main Address

1919 WILLIAMS ST, SIMI VALLEY, CA, 93065

NTEE Category

Code: B82 - Education

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