Kpsna Charitable Foundation Inc

What it reported doing in 2024

List of Program Accomplishments1. Education: a. Happy School Project, India (HOPE Welfare Foundation)Their mission is to deploy technology in the classroom to teach English and Math skills toHappy School students at an early age are enabled to improve their prospects for jobsand better performance at college entrance exams, and they are equipped to handlecollege education in English. KPSNA donated money for various projects such as childrenmodern education using the Mind Spark software, sports coach, nutritious food etc. foraround 400 children of slum areas.b. Suhrid Education Project, India (https://suhrid.org)Suhrid Foundation has been working in the tribal area of Vikramgad in Palghar districtsince 2012. In this area, we support 11 primary schools, 2 secondary residential schoolsand also run two primary healthcare centers (clinics). KPSNA paid for all medicines costs.c. Sidsar Education Project, India (http://supet.org/about-school)Providing access to affordable and quality education to students whose families haveeither limited or no economic resources is one of the primary focuses of KPSNA. KPSNAis involved in administering Shree Vijapura Vidya Sankul. Almost 1100 underprivilegedstudents are getting benefits to take their Primary, middle, and High School education ata nominal fee. KPSNA has supported building facilities like classrooms, libraries, domes, etc.d. Need-based Students Scholarship ProgramProviding access to affordable and quality education to students whose families haveeither limited or no economic resources is one of the primary focuses of KPSNA. Morethan 1000 students apply for this scholarship each year, and we select about 500students and allocate scholarship amounts based on verification of their actual needs.e. Brilliant Students Scholarship ProgramKPSNA strongly believes that students learn from each other, and institutions shouldprovide a platform and environment for learning. For this, we encourage the students whodo well in our entrance exam by subsidizing their tuition fee to come to our boarding schoolso other students can benefit from brilliant students. We have been experimenting withthis for the last five years, and it works well. The overall academic standard is improvingyear by year. We keep 1/3 of brilliant students with 2/3 of general category students.2. Health: a. Anemia Prevention SupportKPSNA, in partnership with The Kundaria Cancer Prevention Foundation, Rajkot India, and Shree Umiya Mataji Mandir Trust, Sidsar, India, runs health check-up camps througha program called Uma Arogya Rath in the remote villages of Saurashtra region in Gujarat, India. The project provides anemia screening, diagnosis, treatment, and awarenesseducation. Anemia, caused by low iron in the blood, affects more than 70% of women and children in India, causing weakness, lethargy, and fatigue with no ambition. A team ofexperts, four trained nurses and two advisors visit small villages and towns daily. The teamchecks weight, temperature, oxygen level, hemoglobin, sugar, blood pressure, etc. andprovides free medicine for hemoglobin diagnosed as anemic.b. Cancer Prevention SupportKundaria Cancer Prevention Foundation has started a cancer prevention program with theRajkot Cancer Society. KPSNA remains a crucial contributor. Our goal is to createeducation and awareness about cancer and find interventions for treatable/preventablecancers of the breast, oral cavity, and cervical cancer. KPSNA helped 500 girls with theHPV vaccine free of charge. As of now, they provided health awareness education relatedto cancer to 200,000 people through 650 medical camps.3. Environmentala. Manav Seva Trust, UpletaKPSNA donated to Manav Seva Trust Upleta for Uma Van & Ram Van (tree projects)where they cleaned the land using JCB Machine, installed drip irrigation system andplanted 550 and 125 trees in both places.b. Tree Planation Project, JilanaThey cleaned up and levelled the around 70 Hectare of unused, wasteland using JCBMachine. They f

Financial Efficiency

• Mission deployment rate: 76.2%; rating input score 76
• Program expense ratio: 83.7%; rating input score 84
• Fundraising efficiency: $7.49 raised per $1 spent on fundraising; rating input score 29; 29th percentile among comparable filings

Transparency & Controls

• Consistency checks: 92.3%; rating input score 92; 16th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: 0 of 8 controls in place; rating input score 0
  • Claims monitoring procedures: Fail
  • Requires narrative reports: Fail
  • Conducts field audits: Fail
  • May suspend future funding: Fail
  • Requires financial reports: Fail
  • Conducts site visits: Fail
  • Requires grant agreements: Fail
  • May require repayment: Fail
• Grant itemization coverage: 0%; rating input score 0; 13th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 0%; rating input score 0; 5th percentile among comparable filings
• Governance controls: 0 of 7 controls in place; rating input score 0
  • Conflict-of-interest policy: Fail
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Fail
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 9.5%; rating input score 60; 60th percentile among comparable filings
• Total-asset coverage ratio: 1.45; rating input score 55; 55th percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

• Program expense growth: 4.3% per year; rating input score 100; 38th percentile among comparable filings
• Revenue growth: 8.4% per year; rating input score 100; 61st percentile among comparable filings
• Asset growth: 12.9% per year; rating input score 100; 67th percentile among comparable filings