Overview
What is Parami Liberal Arts & Sciences Fund Inc?
Parami Liberal Arts & Sciences Fund Inc is a nonprofit organization situated in Accord, New York. Its primary objective is to support post-secondary education, programming, and development, specifically for Parami University. The organization aims to provide a well-rounded education in various disciplines, fostering critical thinking and analysis skills in Myanmar's young population. This empowers them to become effective leaders and citizens. Parami Institute, associated with the fund, organizes educational programs, events, and advocacy initiatives to promote the availability of high-quality higher education opportunities for Myanmar's youth, engaging both students and the general public in this endeavor.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, earning it a Two-Star out of Four Star rating.
The Parami Liberal Arts & Sciences Fund Inc has received a moderate rating of 74%, indicating some strengths in its financial management but also notable areas for improvement. The organization boasts a high program expense ratio of 98.36%, which shows a commendable commitment to directing funds towards its mission rather than administrative costs. However, the lack of independent board members is a significant concern, as it may impact transparency and governance.
While the organization has implemented essential policies such as conflict of interest, whistleblower, and document retention policies, it falls short in areas like providing a website listed on its tax form and posting its tax documents on its website. This lack of transparency could hinder public trust. Overall, while the organization demonstrates a strong focus on program expenses, it needs to address governance and transparency issues to improve its overall rating and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Parami Liberal Arts & Sciences Fund Inc legitimate?
Parami Liberal Arts & Sciences Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parami Liberal Arts & Sciences Fund 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
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What is the mission statement of Parami Liberal Arts & Sciences Fund Inc?
Parami Liberal Arts & Sciences Fund Inc's mission is centered around providing a comprehensive education in various disciplines. Their primary goal is to empower Myanmar's youth by fostering critical thinking and analysis skills. They accomplish this through organizing educational programs, events, and advocacy initiatives that engage both students and the general public. The aim is to make high-quality higher education opportunities more accessible to Myanmar's young population, thereby equipping them to become effective leaders and active citizens.
Who is the CEO of Parami Liberal Arts & Sciences Fund Inc?
Stuart Brodsky is the President of Parami Liberal Arts & Sciences Fund Inc.
What is the revenue of Parami Liberal Arts & Sciences Fund Inc?
Parami Liberal Arts & Sciences Fund Inc's revenue in 2021 was $1,601,937.
Who are the executives of Parami Liberal Arts & Sciences Fund Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Parami Liberal Arts & Sciences Fund Inc?
Parami Liberal Arts & Sciences Fund Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Parami Liberal Arts & Sciences Fund Inc
Parami Liberal Arts & Sciences Fund Inc is dedicated to delivering a comprehensive education in various disciplines, aiming to foster and empower Myanmar's young generation with critical thinking and analytical skills. The organization, known as Parami Institute, carries out this mission by organizing a diverse array of educational programs, events, and advocacy initiatives. These initiatives actively engage both students and the general public, working towards making high-quality higher education opportunities more accessible for Myanmar's youth. By doing so, Parami Liberal Arts & Sciences Fund Inc empowers these young individuals to become effective leaders and active citizens.
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Impact
July, 2024
Parami Liberal Arts & Sciences Fund Inc is making a significant impact by providing a broad-based education in multiple disciplines to empower young people in Myanmar with critical thinking and analysis skills necessary to become effective leaders and citizens. The organization, through its educational programs, events, and advocacy initiatives, is working towards improving higher education opportunities for Myanmar's youth. Parami Institute's support for post-secondary education, programming, and development grants for Parami University are contributing towards the development of a generation of individuals equipped with the skills needed to drive positive change in their communities. Overall, Parami Liberal Arts & Sciences Fund Inc's focus on education is helping to shape a brighter future for Myanmar's youth.
This information is meant to be a general summary of Parami Liberal Arts & Sciences Fund 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 2021.
- Investment Income: $662
- Gross Receipts: $1,601,937
Assets and Liabilities:
- Total Assets: $1,434,811
- Total Liabilities: $1,000,000
- Net Assets: $434,811
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Organization Details
Founding Year
2020
Phone
(917) 365-5587Principal Officer
Stuart Brodsky
Main Address
PO Box 3, Accord, NY, 12404
NTEE Category
Code: B12 - Education
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