Overview
What is Laxmi Narayan Dev Spriritual O?
Laxmi Narayan Dev Spiritual O is a Buddhist-oriented nonprofit organization situated in Fremont, California. Their primary objective is to foster spiritual growth within their community by organizing festivals and spiritual services. The organization serves as a platform for individuals to connect, engage, and enhance their spiritual lives. The organization's mission extends beyond religious events, aiming to support and encourage personal spiritual development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating.
Laxmi Narayan Dev Spiritual Organization has received a low rating of 53%, indicating significant areas for improvement in its accountability and financial practices. The organization lacks independent board members, which raises concerns about governance and oversight. Although it has a strong program expense ratio at 64.72%, suggesting it invests a substantial portion of its resources into its programs, the overall lack of transparency and board independence negatively impacts its rating.
Key strengths include a good liabilities to assets ratio of 33.51% and a conflict of interest policy in place, indicating some level of financial health and ethical governance. However, the charity's failure to provide necessary documents such as its website on the tax form and a whistleblower policy highlights critical gaps in accountability.
Overall, while the organization does have some positive financial metrics, the absence of independent governance and essential policies could hinder its effectiveness and trustworthiness in the eyes of donors and stakeholders. Interested parties should consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Laxmi Narayan Dev Spriritual O legitimate?
Laxmi Narayan Dev Spriritual O is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laxmi Narayan Dev Spriritual O 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:
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What is the mission statement of Laxmi Narayan Dev Spriritual O?
Laxmi Narayan Dev Spiritual Organization, a Buddhist entity, seeks to bring individuals together for spiritual festivals and services. Its primary mission is to foster the spiritual growth of its members, aiming to enrich their lives in a spiritual context. Located in an unspecified location, this organization serves as a platform for spiritual enlightenment and communal gatherings. Its activities focus on promoting spiritual well-being and providing a supportive environment for personal spiritual development.
Who is the CEO of Laxmi Narayan Dev Spriritual O?
Nikesh Patel is the President of Laxmi Narayan Dev Spriritual O.
What is the revenue of Laxmi Narayan Dev Spriritual O?
Laxmi Narayan Dev Spriritual O's revenue in 2022 was $190,959.
Who are the executives of Laxmi Narayan Dev Spriritual O and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Laxmi Narayan Dev Spriritual O?
Laxmi Narayan Dev Spriritual O's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Laxmi Narayan Dev Spriritual O
Laxmi Narayan Dev Spiritual Organization, a Buddhist entity, is committed to fostering unity among its members for the celebration of festivals and spiritual services. Its primary mission is to cultivate the spiritual side of individuals' lives. By bringing people together for these events, the organization aims to foster a sense of spiritual growth and community. This mission is integral to Laxmi Narayan Dev Spiritual Organization's identity, providing a platform for individuals to explore and deepen their spiritual connections.
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Impact
October, 2024
Laxmi Narayan Dev Spiritual O plays a significant role in fostering community and spiritual growth in Fremont, CA. By organizing gatherings for festivals and spiritual services, it creates a space for individuals to connect, share experiences, and deepen their understanding of Buddhist teachings. The organization facilitates a sense of belonging among members, allowing them to explore their spiritual paths collectively.
Through its activities, Laxmi Narayan Dev Spiritual O not only celebrates cultural traditions but also promotes mindfulness, compassion, and personal development. The events encourage participants to engage with their spiritual aspects, providing support and resources to navigate life’s challenges. Overall, its impact is reflected in the strengthened community ties and enhanced spiritual awareness among individuals involved.
This information is meant to be a general summary of Laxmi Narayan Dev Spriritual O. 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: $5
- Gross Receipts: $190,959
Assets and Liabilities:
- Total Assets: $1,731,864
- Total Liabilities: $610,658
- Net Assets: $1,121,206
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Organization Details
Founding Year
2007
Principal Officer
Nikesh Patel
Main Address
48437 Warm Springs Blvd, FREMONT, CA, 94539
NTEE Category
Code: X70 - Religion related
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