Civic Intelligence

Vedics Foundation Inc

990EZ • Fiscal year 2014 • EIN 01-0783522

Jan 01, 2014 to Dec 31, 2014 • Filed on Apr 21, 2015

Organization ProfileN/A
17776 66th Ave NMaple Grove, MN 55311

(508) 879-9254

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

98th percentile

89%

Higher net margin than 98% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

64th percentile

11%

Faster asset growth than 64% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

12th percentile

-39%

Faster revenue growth than 12% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$281,476

Up $28,649 (+11%) from 2013

Net Assets

Up

$282,424

Up $29,597 (+12%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin98th percentile

Revenue

Down

$33,388

Down $21,585 (-39%) from 2013

Expenses

Down

$3,791

Down $13,794 (-78%) from 2013

Net Income

Down

$29,597

Down $7,791 (-21%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth64th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2011: $172,865Liabilities 2011: $02011Assets 2012: $214,489Liabilities 2012: $02012Assets 2013: $252,827Liabilities 2013: $0Net Assets 2013: $252,8272013Assets 2014: $281,476Liabilities 2014: $0Net Assets 2014: $282,4242014Assets 2015: $307,599Liabilities 2015: $0Net Assets 2015: $307,5992015Assets 2016: $519,300Liabilities 2016: $0Net Assets 2016: $519,3002016Assets 2017: $559,345Liabilities 2017: $0Net Assets 2017: $559,3452017Assets 2018: $606,584Liabilities 2018: $0Net Assets 2018: $606,5842018Assets 2019: $622,651Liabilities 2019: $0Net Assets 2019: $622,6512019Assets 2020: $691,832Liabilities 2020: $0Net Assets 2020: $691,8322020Assets 2021: $717,598Liabilities 2021: $0Net Assets 2021: $717,5982021Assets 2022: $655,310Liabilities 2022: $0Net Assets 2022: $655,3102022Assets 2023: $586,914Liabilities 2023: $0Net Assets 2023: $586,9142023Assets 2024: $615,954Liabilities 2024: $0Net Assets 2024: $615,9542024Assets 2025: $692,150Liabilities 2025: $0Net Assets 2025: $692,1502025

Highlighted filing

2014

Assets$281,476
Liabilities$0
Net Assets$282,424
Open 2014 Filing

Operations Trend

Revenue Growth12th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2011: $60,103Expenses 2011: $19,731Net Income 2011: $40,3722011Revenue 2012: $199,092Expenses 2012: $156,518Net Income 2012: $42,5742012Revenue 2013: $54,973Expenses 2013: $17,585Net Income 2013: $37,3882013Revenue 2014: $33,388Expenses 2014: $3,791Net Income 2014: $29,5972014Revenue 2015: $81,461Expenses 2015: $55,338Net Income 2015: $26,1232015Revenue 2016: $381,605Expenses 2016: $169,904Net Income 2016: $211,7012016Revenue 2017: $72,900Expenses 2017: $32,855Net Income 2017: $40,0452017Revenue 2018: $152,494Expenses 2018: $105,255Net Income 2018: $47,2392018Revenue 2019: $48,600Expenses 2019: $32,533Net Income 2019: $16,0672019Revenue 2020: $85,389Expenses 2020: $16,208Net Income 2020: $69,1812020Revenue 2021: $59,518Expenses 2021: $33,752Net Income 2021: $25,7662021Revenue 2022: $42,811Expenses 2022: $105,099Net Income 2022: -$62,2882022Revenue 2023: $50,140Expenses 2023: $118,536Net Income 2023: -$68,3962023Revenue 2024: $49,684Expenses 2024: $20,644Net Income 2024: $29,0402024Revenue 2025: $80,412Expenses 2025: $16,523Net Income 2025: $63,8892025

Highlighted filing

2014

Revenue$33,388
Expenses$3,791
Net Income$29,597
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Apr 21, 2015
Return Version
2014v5.0
Gross Receipts
$33,388
Mission and Program Overview

Mission

Religious organization that facilitate and support hindu religious principles in us and in india by conductiong classess and events for tamil and sanskrit vedas.

Vedics foundation is a religious organization that conducts online clasees for tamil and sanskrit vedas and their meanings, supports temple communities and supports publishing of ancient vedic texts and books.

Program Services

DescriptionGrantsExpenses
VEDICS FOUNDATION CONTINUED TO BE INSTRUMENTAL IN FACILITATING AND SUPPORTING HINDU RELIGIOUS PRINCIPLES IN U.S AND IN INDIA. THE ORGANIZATION DIRECTLY SUPPORTED SVSK SABHA BY DONATING $600 IN 2014. THE ORGANIZATION ALSO SELL CALENDARS, CDS AND ELECTRONIC MEDIA PROMOTING AWAREMESS OF RELIGION, ANCIENT SCRIPTURES, TEXTS THROUGHOUT USA.--
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SUNDAR SARANATHANPresidentPT$0--
BALAJI THIRUMALAIBoard Member-$0--
PARTHASARATHY GOMADAMSecretary-$0--
SRIKANTH GOMADAMTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Vedics Foundation Inc
EIN
01-0783522
Phone
5088799254
Address
17776 66TH AVE N, Maple Grove, MN 55311

Signing Officer

Name
Parthasarathy Gomadam
Title
Secretary
Phone
5088799254
Signed
2015-04-21

Preparer

Firm
Hrb Tax Group Inc
Address
16025 NE 85TH, REDMOND, WA 98052
Preparer
Rajachitra Senthivel
Phone
4255583541
Supplemental Narrative

Additional Explanations

Part 1 and Line 8

“Refund of taxes and licenses $3284”

Raw XML Appendix113 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0SRIKANTH GOMADAM
IRS990EZ/BooksInCareOfDetail/PhoneNum06123814771
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt05300 COMSTOCK LANE N
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Plymouth
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055446
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0252827
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0281476
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt014011
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt029597
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt098
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0252827
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0281476
IRS990EZ/GrantsAndSimilarAmountsPaidAmt0600
IRS990EZ/GrossReceiptsAmt033388
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt016093
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0252827
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0282424
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0252827
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0281476
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt06.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SUNDAR SARANATHAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BALAJI THIRUMALAI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PARTHASARATHY GOMADAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3SRIKANTH GOMADAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt03075
IRS990EZ/OtherRevenueTotalAmt03284
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PrimaryExemptPurposeTxt0VEDICS FOUNDATION IS A RELIGIOUS ORGANIZATION THAT CONDUCTS ONLINE CLASEES FOR TAMIL AND SANSKRIT VEDAS AND THEIR MEANINGS, SUPPORTS TEMPLE COMMUNITIES AND SUPPORTS PUBLISHING OF ANCIENT VEDIC TEXTS AND BOOKS.
IRS990EZ/PrintingPublicationsPostageAmt018
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0VEDICS FOUNDATION CONTINUED TO BE INSTRUMENTAL IN FACILITATING AND SUPPORTING HINDU RELIGIOUS PRINCIPLES IN U.S AND IN INDIA. THE ORGANIZATION DIRECTLY SUPPORTED SVSK SABHA BY DONATING $600 IN 2014. THE ORGANIZATION ALSO SELL CALENDARS, CDS AND ELECTRONIC MEDIA PROMOTING AWAREMESS OF RELIGION, ANCIENT SCRIPTURES, TEXTS THROUGHOUT USA.
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt03791
IRS990EZ/TotalRevenueAmt033388
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt017295
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt042004
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0171611
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0230910
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt016093
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt012969
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt029062
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0259972
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt033388
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt054973
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0171611
IRS990ScheduleA/Total509Grp/TotalAmt0259972
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt033388
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt054973
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0171611
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0259972
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REFUND OF TAXES AND LICENSES $3284
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART 1 AND LINE 8
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/PersonNm0PARTHASARATHY GOMADAM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum05088799254
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-04-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VEDICS FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0VEDI
ReturnHeader/Filer/EIN0010783522
ReturnHeader/Filer/PhoneNum05088799254
ReturnHeader/Filer/USAddress/AddressLine1Txt017776 66TH AVE N
ReturnHeader/Filer/USAddress/CityNm0Maple Grove
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055311
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HRB TAX GROUP INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016025 NE 85TH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0REDMOND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098052
ReturnHeader/PreparerPersonGrp/PhoneNum04255583541
ReturnHeader/PreparerPersonGrp/PreparationDt02015-04-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Rajachitra Senthivel
ReturnHeader/ReturnTs02015-04-21T22:15:12Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$281,476
Liabilities
$0
Net assets
$282,424
Revenue
$33,388
Expenses
$3,791
Net income
$29,597
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.92$0.00$6.92$0.80$0.17$0.64
2024Detailed filing. Detailed filing data is available for this year.$6.16$0.00$6.16$0.50$0.21$0.29
2023Detailed filing. Detailed filing data is available for this year.$5.87$0.00$5.87$0.50$1.19$0.68
2022Detailed filing. Detailed filing data is available for this year.$6.55$0.00$6.55$0.43$1.05$0.62
2021Detailed filing. Detailed filing data is available for this year.$7.18$0.00$7.18$0.60$0.34$0.26
2020Detailed filing. Detailed filing data is available for this year.$6.92$0.00$6.92$0.85$0.16$0.69
2019Detailed filing. Detailed filing data is available for this year.$6.23$0.00$6.23$0.49$0.33$0.16
2018Detailed filing. Detailed filing data is available for this year.$6.07$0.00$6.07$1.52$1.05$0.47
2017Detailed filing. Detailed filing data is available for this year.$5.59$0.00$5.59$0.73$0.33$0.40
2016Detailed filing. Detailed filing data is available for this year.$5.19$0.00$5.19$3.82$1.70$2.12
2015Detailed filing. Detailed filing data is available for this year.$3.08$0.00$3.08$0.81$0.55$0.26
2014Detailed filing. Detailed filing data is available for this year.$2.81$0.00$2.82$0.33$0.04$0.30
2013Detailed filing. Detailed filing data is available for this year.$2.53$0.00$2.53$0.55$0.18$0.37
2012Summary only. Only limited summary data is available for this year.$2.14$0.00$1.99$1.57$0.43
2011Summary only. Only limited summary data is available for this year.$1.73$0.00$0.60$0.20$0.40