Is Shree Durga Shiva Vishnu Temple Legit?

Quick charity verification for Shree Durga Shiva Vishnu Temple (EIN: 200584171)

Verdict: Shree Durga Shiva Vishnu Temple appears trustworthy

75/100Mission Score
$119KRevenue
$499KAssets
3Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Shree Durga Shiva Vishnu Temple demonstrates a fluctuating financial picture over the past decade. While the organization reported a latest revenue of $118,900 and assets of $498,548, its financial health has seen significant swings. For instance, in 2017, it reported an unusually high revenue of $780,190, which sharply contrasts with other years where revenue typically hovers around $50,000 to $130,000. This volatility in revenue, coupled with periods where expenses exceeded revenue (e.g., 2020 and 2019), suggests potential challenges in consistent financial planning or reliance on sporadic large contributions. The organization's spending efficiency appears to be generally good, with expenses often significantly lower than revenue in most years, indicating a surplus that could be reinvested or saved. However, the lack of detailed expense breakdowns in the provided data makes a precise assessment of program efficiency difficult. The consistent reporting of 0% officer compensation across all filings is a positive indicator of fiscal responsibility regarding executive pay. Transparency regarding specific program spending versus administrative or fundraising costs would enhance the overall assessment of its operational efficiency. Overall, the organization appears to be fiscally conservative in its executive compensation and has managed to accumulate substantial assets over time, reaching over $1.4 million in 2020 before a recent decline. The significant drop in assets from $1,402,442 in 2020 to $498,548 currently warrants further investigation to understand the underlying reasons, as it represents a substantial decrease in the organization's financial reserves.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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