Vedics Foundation Inc

990EZ • Fiscal year 2013 • EIN 01-0783522

Jan 01, 2013 to Dec 31, 2013 • Filed on Apr 23, 2014

Organization Profile N/A

17776 66th Ave NChantilly, VA 55311

(508) 879-9254

Siviq Scores

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

0.00x

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

0.00x

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

68%

Higher net margin than 95% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Higher top officer pay than 73% of similar nonprofits.

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

18%

Faster asset growth than 71% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

-72%

Faster revenue growth than 4% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Balance Sheet

Liabilities / Assets55th percentile

Assets

$252,827

Up $38,338 (+18%) from 2012

Net Assets

$252,827

No earlier filing loaded for comparison.

Liabilities

Flat

Flat from 2012

Revenue And Expenses

Liabilities / Revenue56th percentile Net Margin95th percentile

Revenue

Down

$54,973

Down $144,119 (-72%) from 2012

Expenses

Down

$17,585

Down $138,933 (-89%) from 2012

Net Income

Down

$37,388

Down $5,186 (-12%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth71st percentile

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

Highlighted filing

2013

Assets$252,827

Liabilities$0

Net Assets$252,827

Open 2013 Filing

Operations Trend

Revenue Growth4th percentile

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

Highlighted filing

2013

Revenue$54,973

Expenses$17,585

Net Income$37,388

Open 2013 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2013 to Dec 31, 2013
Signed: Apr 23, 2014
Return Version: 2013v3.0
Gross Receipts: $54,973

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

Description	Grants	Expenses
VEDICS FOUNDATION CONTINUED TO BE INSTRUMENTAL IN FACILITATING AND SUPPORTING HINDU RELIGIOUS PRINCIPLES IN U.S AND IN INDIA. THE ORGANIZATION DIRECTLY SUPPORTED DODDACHARPURAM HINDU TEMPLE RENOVATION BY DONATING MORE THAN $2599 IN 2013. THE ORGANIZATION ALSO SELLING CALENDARS, CDS AND ELECTRONIC MEDIA FOR ABOUT $8500 PROMOTING AWARENESS OF RELIGION, ANCIENT SCRIPTURES, TEXTS THROUGHOUT USA.	-	-

Compensation and Service Providers

Top Officer Pay73rd percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
SUNDAR SARANATHAN	President	PT	$0	-	-
BALAJI THIRUMALAI	Board Member	-	$0	-	-
PARTHASARATHY GOMADAM	Secretary	-	$0	-	-
SRIKANTH GOMADAM	Treasurer	-	$0	-	-

Filing and Contact Details

Filer

EIN: 01-0783522
Phone: 5088799254

Signing Officer

Name: Parthasarathy Gomadam
Title: Secretary
Phone: 5088799254
Signed: 2014-04-23

Preparer

Preparer: Rajachitra Senthivel
Phone: 4255583541

Supplemental Narrative

Additional Explanations

990- EZ Page 1 Part I Line 16

“Bank charges $136 license renewal for web site hosting and support $430 taxes and license $3268 supplies $2009 materials $6200”

990-ez Page 1 Part I Line 10

“Doddacharpuram temple renovation $2600”

Raw XML Appendix117 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/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BooksInCareOfDetail/PersonNm	0	SRIKANTH GOMADAM
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	6123814771
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1	0	5300 COMSTOCK LANE N
IRS990EZ/BooksInCareOfDetail/USAddress/City	0	Plymouth
IRS990EZ/BooksInCareOfDetail/USAddress/State	0	MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode	0	55446
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	215439
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	252827
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	42004
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	37388
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	215439
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	252827
IRS990EZ/GrantsAndSimilarAmountsPaidAmt	0	2600
IRS990EZ/GrossReceiptsAmt	0	54973
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MembershipDuesAmt	0	12969
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	215439
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	252827
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	215439
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	252827
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	368
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	6.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	SUNDAR SARANATHAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	BALAJI THIRUMALAI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	PARTHASARATHY GOMADAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	SRIKANTH GOMADAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	TREASURER
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherExpensesTotalAmt	0	12043
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PrimaryExemptPurposeTxt	0	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.
IRS990EZ/PrintingPublicationsPostageAmt	0	2574
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	VEDICS FOUNDATION CONTINUED TO BE INSTRUMENTAL IN FACILITATING AND SUPPORTING HINDU RELIGIOUS PRINCIPLES IN U.S AND IN INDIA. THE ORGANIZATION DIRECTLY SUPPORTED DODDACHARPURAM HINDU TEMPLE RENOVATION BY DONATING MORE THAN $2599 IN 2013. THE ORGANIZATION ALSO SELLING CALENDARS, CDS AND ELECTRONIC MEDIA FOR ABOUT $8500 PROMOTING AWARENESS OF RELIGION, ANCIENT SCRIPTURES, TEXTS THROUGHOUT USA.
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	17585
IRS990EZ/TotalRevenueAmt	0	54973
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt	0	42004
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	171611
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	213615
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt	0	12969
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	12969
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal509Amt	0	226584
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	54973
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	171611
IRS990ScheduleA/Total509Grp/TotalAmt	0	226584
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	54973
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	171611
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	226584
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	BANK CHARGES $136 LICENSE RENEWAL FOR WEB SITE HOSTING AND SUPPORT $430 TAXES AND LICENSE $3268 SUPPLIES $2009 MATERIALS $6200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	DODDACHARPURAM TEMPLE RENOVATION $2600
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	990- EZ PAGE 1 PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	990-EZ PAGE 1 PART I LINE 10
ReturnHeader/BuildTS	0	2015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	PARTHASARATHY GOMADAM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	5088799254
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2014-04-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1	0	VEDICS FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt	0	VEDI
ReturnHeader/Filer/EIN	0	010783522
ReturnHeader/Filer/PhoneNum	0	5088799254
ReturnHeader/Filer/USAddress/AddressLine1	0	17776 66TH AVE N
ReturnHeader/Filer/USAddress/City	0	Maple Grove
ReturnHeader/Filer/USAddress/State	0	MN
ReturnHeader/Filer/USAddress/ZIPCode	0	55311
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1	0	HRB TAX GROUP INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1	0	16025 NE 85TH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City	0	REDMOND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State	0	WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode	0	98052
ReturnHeader/PreparerPersonGrp/PhoneNum	0	4255583541
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2014-05-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	Rajachitra Senthivel
ReturnHeader/ReturnTs	0	2014-05-06T19:18:34Z
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2013-01-01
ReturnHeader/TaxPeriodEndDt	0	2013-12-31
ReturnHeader/TaxYr	0	2013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $252,827
Liabilities: $0
Net assets: $252,827
Revenue: $54,973
Expenses: $17,585
Net income: $37,388

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net 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