The Vedic Society of America
Nonprofit profile at a glance
- EIN
- 956140138
- IRS 990-EZ coverage
- 2011–2012
- Forms available
- Form 990-EZ 2012
- Location
- Pacific Palisades, CA, USA
- Phone
- 3103941696
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Hinduism
- Affiliation
- Hinduism
Reported finances
- Revenue
- $37,293
- Expenses
- $36,970
- Assets
- $40,680
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.
Leadership & pay
2 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote the awareness of the principles and philosophy of the Vedas. To encourage individuals to live the life of spiritual disciplines. To promote the understanding of the philosophical and spiritual heritage of all mankind. To promote universal brotherhood and benevolence. To promote respect and reverence for life in all forms.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Grant intermediary. The nonprofit sent 84% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 82
- Sustainability: 38
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.1%; rating input score 99
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 0.9%; rating input score 49; 49th percentile among comparable filings
- Total-asset coverage ratio: 1.1; rating input score 51; 51st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: 3.5% per year; rating input score 100; 58th percentile among comparable filings
- Revenue growth: 1.7% per year; rating input score 100; 59th percentile among comparable filings
- Asset growth: 0.8% per year; rating input score 100; 50th percentile among comparable filings
Details
- Where the money goes: 99.1% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $37K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2011 to 2012
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Sustainability: Operating margin scored 49/100.
- Review — Sustainability: Total-asset coverage ratio scored 51/100.
- High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.