Civic Intelligence

Vedic Educational and Devotional Academy

990 • Fiscal year 2024 • EIN 03-0409475

Jan 01, 2024 to Dec 31, 2024 • Filed on Nov 17, 2025

473 Los Coches StMilpitas, CA 95035

(408) 971-7852

Siviq Scores

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

Liabilities / Assets

66th percentile

0.27x

Higher debt load relative to assets than 66% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

82nd percentile

0.83x

Higher debt load relative to revenue than 82% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

72nd percentile

18%

Higher net margin than 72% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

44th percentile

$115,124

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

51st percentile

5.2%

Faster asset growth than 51% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

54th percentile

10%

Faster revenue growth than 54% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$8,436,057

Up $419,888 (+5.2%) from 2023

Net Assets

Up

$6,198,295

Up $543,005 (+9.6%) from 2023

Liabilities

Down

$2,237,762

Down $123,117 (-5.2%) from 2023

Revenue

Up

$2,683,598

Up $248,356 (+10%) from 2023

Expenses

Up

$2,195,529

Up $242,922 (+12%) from 2023

Net Income

Up

$488,069

Up $5,434 (+1.1%) from 2023

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2016: $5,900,201Liabilities 2016: $3,110,666Net Assets 2016: $2,789,5352016Assets 2017: $6,170,902Liabilities 2017: $2,970,288Net Assets 2017: $3,200,6142017Assets 2018: $6,351,923Liabilities 2018: $2,834,003Net Assets 2018: $3,517,9202018Assets 2019: $6,457,135Liabilities 2019: $2,576,632Net Assets 2019: $3,880,5032019Assets 2020: $6,713,710Liabilities 2020: $2,564,404Net Assets 2020: $4,149,3062020Assets 2021: $6,264,914Liabilities 2021: $1,712,884Net Assets 2021: $4,552,0302021Assets 2022: $6,642,461Liabilities 2022: $1,429,932Net Assets 2022: $5,212,5292022Assets 2023: $8,016,169Liabilities 2023: $2,360,879Net Assets 2023: $5,655,2902023Assets 2024: $8,436,057Liabilities 2024: $2,237,762Net Assets 2024: $6,198,2952024

Highlighted filing

2024

Assets$8,436,057
Liabilities$2,237,762
Net Assets$6,198,295

Operations Trend

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

$3.0M$2.0M$1.0M$0Revenue 2016: $1,304,622Expenses 2016: $1,042,943Net Income 2016: $261,6792016Revenue 2017: $1,603,094Expenses 2017: $1,192,015Net Income 2017: $411,0792017Revenue 2018: $1,466,582Expenses 2018: $1,149,260Net Income 2018: $317,3222018Revenue 2019: $1,781,080Expenses 2019: $1,418,497Net Income 2019: $362,5832019Revenue 2020: $1,405,987Expenses 2020: $1,136,806Net Income 2020: $269,1812020Revenue 2021: $1,856,196Expenses 2021: $1,399,293Net Income 2021: $456,9032021Revenue 2022: $2,471,811Expenses 2022: $1,811,312Net Income 2022: $660,4992022Revenue 2023: $2,435,242Expenses 2023: $1,952,607Net Income 2023: $482,6352023Revenue 2024: $2,683,598Expenses 2024: $2,195,529Net Income 2024: $488,0692024

Highlighted filing

2024

Revenue$2,683,598
Expenses$2,195,529
Net Income$488,069
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$2,772,796
Mission and Program Overview

Mission

To impart hindu vedic education which is the study of ancient sanskrit scriptures to those who are interested, and to provide a place of worship for hindu followers

To impart hindu vedic education which is the study of ancient sanskrit scriptures to those who are interested, and to provide a place of worship to hindu religion followers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,315,090$7,317,036▲ $1,946
Savings and Temporary Cash Investments$395,545$1,115,080▲ $719,535
Prepaid Expenses and Deferred Charges$31,522$0▼ $31,522
Cash and Non-Interest-Bearing Accounts$270,186$289▼ $269,897
Investments in Publicly Traded Securities$176$0▼ $176
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$8,016,169$8,436,057▲ $419,888
Other Assets Total$3,650$3,652▲ $2
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,298,956$2,177,692▼ $121,264
Accounts Payable and Accrued Expenses$59,943$58,090▼ $1,853
Other Liabilities$1,980$1,980→ $0
Total Liabilities$2,360,879$2,237,762▼ $123,117
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,398,430$5,941,435▲ $543,005
Net Assets With Donor Restrictions$256,860$256,860→ $0
Total Net Assets Fund Balance$5,655,290$6,198,295▲ $543,005
Total Liabilities and Net Assets / Fund Balance$8,016,169$8,436,057▲ $419,888

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,224,942$1,372,974$4,597,916
Leasehold Improvements$2,150,424$90,630$2,241,054
Land$1,310,750-$1,310,750
Other Land Buildings$626,561$162,369$788,930
Equipment$4,359$42,689$47,048
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Naga Venkata Sastri MarepalliChairmanFT$115,124$115,124

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,689,779
Program Service Revenue
$0
Investment Income
$51
Other Revenue
$-6,232
All Other Contributions
$2,689,779
Change in Net Assets
$488,069
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,431,696
Salaries, Compensation, and Employee Benefits$763,833
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$619,200--$619,200
All Other Expenses$187,668$30,510-$218,178
Occupancy$168,510--$168,510
Depreciation Depletion$115,433$28,858-$144,291
Current Officers, Directors, Trustees, and Key Employees$115,124--$115,124
Interest$73,966--$73,966
Other Expenses$65,376$58,520-$58,520
Advertising$43,214--$43,214
Insurance$39,354$3,734-$43,088
Office Expenses-$35,289-$35,289
Payroll Taxes$29,509--$29,509
Fees for Services Legal-$28,717-$28,717
Fees for Services Accounting-$26,814-$26,814
Travel$1,383--$1,383
Total Functional Expenses$1,983,087$212,442$0$2,195,529
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rental Deposit$1,980
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

No review was or will be conducted.

Form 990, Part VI, Section B, Line 12C

Enforcement through periodically board of directors meeting to monitor the compliance with the conflict of interest policy.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Vedic Education and Devotional Academy
EIN
03-0409475
Phone
4089717852
Address
473 Los Coches St, Milpitas, CA 95035

Signing Officer

Name
Gopala Ajjarapu
Title
President
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Naga Venkata Sastri Marepalli
Formed
2002
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
0
Employees
12
Volunteers
30

Preparer

Firm
Neeka Corporation
Address
1 N MAIN ST STE 4, MILPITAS, CA 95035
Preparer
D Ramanan CPA
Phone
4082633311
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt07317036
IRS990/LandBldgEquipCostOrOtherBssAmt08985698
IRS990/LegalDomicileStateCd0CA
IRS990/LessRentalExpensesGrp/RealAmt089198
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO IMPART HINDU VEDIC EDUCATION WHICH IS THE STUDY OF ANCIENT SANSKRIT SCRIPTURES TO THOSE WHO ARE INTERESTED, AND TO PROVIDE A PLACE OF WORSHIP TO HINDU RELIGION FOLLOWERS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02298956
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02177692
IRS990/NetAssetsOrFundBalancesBOYAmt05655290
IRS990/NetAssetsOrFundBalancesEOYAmt06198295
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-6232
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-6232
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05398430
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt05941435
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0168510
IRS990/OccupancyGrp/TotalAmt0168510
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt035289
IRS990/OfficeExpensesGrp/TotalAmt035289
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03650
IRS990/OtherAssetsTotalGrp/EOYAmt03652
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0GROCERIES
IRS990/OtherExpensesGrp/Desc1OUTSIDE SERVICES
IRS990/OtherExpensesGrp/Desc2PUJA MATERIALS
IRS990/OtherExpensesGrp/Desc3PROPERTY AND OTHER TAXES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt058520
IRS990/OtherExpensesGrp/ProgramServicesAmt0334218
IRS990/OtherExpensesGrp/ProgramServicesAmt1190132
IRS990/OtherExpensesGrp/ProgramServicesAmt265376
IRS990/OtherExpensesGrp/TotalAmt0334218
IRS990/OtherExpensesGrp/TotalAmt1190132
IRS990/OtherExpensesGrp/TotalAmt265376
IRS990/OtherExpensesGrp/TotalAmt358520
IRS990/OtherLiabilitiesGrp/BOYAmt01980
IRS990/OtherLiabilitiesGrp/EOYAmt01980
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0619200
IRS990/OtherSalariesAndWagesGrp/TotalAmt0619200
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt029509
IRS990/PayrollTaxesGrp/TotalAmt029509
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt031522
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0NAGA VENKATA SASTRI MAREPALLI
IRS990/PriorPeriodAdjustmentsAmt054936
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02457230
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0763
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01405002
IRS990/PYOtherRevenueAmt0-22751
IRS990/PYRevenuesLessExpensesAmt0482635
IRS990/PYSalariesCompEmpBnftPaidAmt0547605
IRS990/PYTotalExpensesAmt01952607
IRS990/PYTotalRevenueAmt02435242
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0488069
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-6232
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02689779
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0395545
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01115080
IRS990ScheduleA/ChurchInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt03224942
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01372974
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04597916
IRS990ScheduleD/DisclosedForCharitablePrpsInd0true
IRS990ScheduleD/DisclosedOrgLegCtrlInd0true
IRS990ScheduleD/DonorAdvisedFundsContriAmt0242225
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt0287531
IRS990ScheduleD/EquipmentGrp/BookValueAmt04359
IRS990ScheduleD/EquipmentGrp/DepreciationAmt042689
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt047048
IRS990ScheduleD/FundsAndOtherAccountsContriAmt098901
IRS990ScheduleD/FundsAndOtherAccountsVlEOYAmt092273
IRS990ScheduleD/LandGrp/BookValueAmt01310750
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01310750
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02150424
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt090630
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02241054
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0626561
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0162369
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0788930
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01980
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RENTAL DEPOSIT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07317036
IRS990ScheduleD/TotalLiabilityAmt01980
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ENFORCEMENT THROUGH PERIODICALLY BOARD OF DIRECTORS MEETING TO MONITOR THE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt08016169
IRS990/TotalAssetsEOYAmt08436057
IRS990/TotalAssetsGrp/BOYAmt08016169

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