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CHARITY REVIEW
Issued: July 2024 Expires: July 2026

Vibha

Standards Not Met
Standards Not Met
6 7
(408) 997-9992
1030 East El Camino Real, #424
Sunnyvale, CA, 94087
https://vibha.org/
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Vibha does not meet the following 2 Standards for Charity Accountability:

Standard 6 (Board Policy on Effectiveness)
Have a board policy of assessing, no less than every two years, the organization's performance and effectiveness and of determining future actions required to achieve its mission.

Vibha does not meet this Standard because:

  • The board of directors does not have a written policy stating that, at least every two years, an appraisal be done assessing the organization’s performance and effectiveness and determining future actions required to achieve its mission.

Standard 7 (Board Approval of Written Report on Effectiveness)
Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions.

Vibha does not meet this Standard because:

  • The organization has not completed an effectiveness assessment in the last two years.

Vibha meets the remaining 18 Standards for Charity Accountability.

Stated Purpose:
"to educate, empower, and enable every individual who wishes to make a positive difference in the life of an underprivileged child."

Year, State Incorporated:
1991, NJ

Vibha reports that is a volunteer-driven organization working towards solutions to systemic problems affecting impoverished children in rural India. The organization partners with government agencies, corporations, entrepreneurs, and local communities to develop scalable infrastructure and training in public schools and vocational programs, while also providing financial assistance to needy students and child welfare programs to address socioeconomic inequalities.

For the year ended December 31, 2022, Vibha's program expenses were:

Program services: $1,178,388

Total Program Expenses: $1,178,388

Chief Executive
Ashwini Kumar, Chief Executive Officer

Chair of the Board
Rajesh Haridas

Chair's Profession / Business Affiliation
Business Owner

Board Size
7

Paid Staff Size
0

*2023 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Note: Vibha reports that its Chief Executive Officer volunteers her time with the organization.

Method(s) Used:
Grant proposals, Internet, Direct mail appeals, Foundation grants

Fundraising costs were 3% of related contributions. (Related contributions, which totaled $1,113,228, are donations received as a result of fundraising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Vibha's audited financial statements for the year ended December 31, 2022.

Source of Funds
Contributions $1,113,228
Dividend and interest income $301
Total Income $1,113,529

Programs: 91% Fundraising: 3% Administrative: 6%

Total Income $1,113,529
Total expenses: $1,291,166
  Program expenses $1,178,388
  Fundraising expenses $38,305
  Administrative expenses $74,473
  Other expenses $0
Income in Excess of Expenses $-177,637
Beginning Net Assets $2,604,112
Other Changes In Net Assets $-141,172
Ending Net Assets $2,285,303
Total Liabilities $89,921
Total Assets $2,375,224

Note: As noted in the above financial section, "other changes in net assets" refers to an unrealized loss on investment portfolio.

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

RELATED CONTENT

Report completed by:
BBB Wise Giving Alliance