Civic Intelligence

Prasanthi Trust Inc.

990 • Fiscal year 2018 • EIN 06-1356473

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 13, 2019

Organization ProfileWWW.PRASANTHI.ORG
1 Serra DriveUnionville, CT 06085

(860) 930-9689

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

Higher debt load relative to assets than 18% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

19th percentile

0.00x

Higher debt load relative to revenue than 19% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

36th percentile

-0.9%

Higher net margin than 36% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

22nd percentile

-5.7%

Faster asset growth than 22% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

18th percentile

-14%

Faster revenue growth than 18% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets18th percentile

Assets

Down

$2,751,884

Down $167,156 (-5.7%) from 2017

Net Assets

Down

$2,748,709

Down $167,156 (-5.7%) from 2017

Liabilities

Flat

$3,175

Flat from 2017

Revenue And Expenses
Liabilities / Revenue19th percentileNet Margin36th percentile

Revenue

Down

$674,636

Down $108,264 (-14%) from 2017

Expenses

Up

$680,905

Up $76,908 (+13%) from 2017

Net Income

Down

-$6,269

Down $185,172 (-104%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $1,125,140Liabilities 2010: $0Net Assets 2010: $1,125,1402010Assets 2011: $1,194,636Liabilities 2011: $0Net Assets 2011: $1,194,6362011Assets 2012: $1,696,119Liabilities 2012: $0Net Assets 2012: $1,696,1192012Assets 2013: $2,103,968Liabilities 2013: $0Net Assets 2013: $2,103,9682013Assets 2014: $2,242,029Liabilities 2014: $0Net Assets 2014: $2,242,0292014Assets 2015: $2,350,706Liabilities 2015: $0Net Assets 2015: $2,350,7062015Assets 2016: $2,701,206Liabilities 2016: $0Net Assets 2016: $2,701,2062016Assets 2017: $2,919,040Liabilities 2017: $3,175Net Assets 2017: $2,915,8652017Assets 2018: $2,751,884Liabilities 2018: $3,175Net Assets 2018: $2,748,7092018Assets 2019: $3,320,257Liabilities 2019: $6,350Net Assets 2019: $3,313,9072019Assets 2020: $4,090,167Liabilities 2020: $6,475Net Assets 2020: $4,083,6922020Assets 2021: $5,493,276Liabilities 2021: $9,800Net Assets 2021: $5,483,4762021Assets 2022: $5,313,045Liabilities 2022: $6,500Net Assets 2022: $5,306,5452022Assets 2023: $5,961,262Liabilities 2023: $6,750Net Assets 2023: $5,954,5122023Assets 2024: $6,420,945Liabilities 2024: $6,900Net Assets 2024: $6,414,0452024

Highlighted filing

2018

Assets$2,751,884
Liabilities$3,175
Net Assets$2,748,709
Open 2018 Filing

Operations Trend

Revenue Growth18th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $478,5392010Expenses 2011: $347,3402011Expenses 2012: $51,7702012Revenue 2013: $837,653Expenses 2013: $475,646Net Income 2013: $362,0072013Revenue 2014: $746,497Expenses 2014: $564,138Net Income 2014: $182,3592014Revenue 2015: $603,246Expenses 2015: $472,062Net Income 2015: $131,1842015Revenue 2016: $779,758Expenses 2016: $487,018Net Income 2016: $292,7402016Revenue 2017: $782,900Expenses 2017: $603,997Net Income 2017: $178,9032017Revenue 2018: $674,636Expenses 2018: $680,905Net Income 2018: -$6,2692018Revenue 2019: $829,062Expenses 2019: $370,148Net Income 2019: $458,9142019Revenue 2020: $999,500Expenses 2020: $493,155Net Income 2020: $506,3452020Revenue 2021: $2,167,381Expenses 2021: $1,158,270Net Income 2021: $1,009,1112021Revenue 2022: $891,990Expenses 2022: $450,882Net Income 2022: $441,1082022Revenue 2023: $1,034,626Expenses 2023: $826,450Net Income 2023: $208,1762023Revenue 2024: $953,507Expenses 2024: $880,722Net Income 2024: $72,7852024

Highlighted filing

2018

Revenue$674,636
Expenses$680,905
Net Income-$6,269
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 13, 2019
Return Version
2018v3.1
Gross Receipts
$2,877,168
Mission and Program Overview

Mission

To enhance the living standards of the disadvantaged by supporting many worldwide projects and operate a community based center focusing in the areas of education, selfless service and spirtuality.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,911,664$1,128,079▼ $783,585
Savings and Temporary Cash Investments$391,255$1,036,681▲ $645,426
Cash and Non-Interest-Bearing Accounts$352,440$331,378▼ $21,062
Land, Buildings, and Equipment, Net$261,605$253,670▼ $7,935
Prepaid Expenses and Deferred Charges$1,526$1,526→ $0
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$2,919,040$2,751,884▼ $167,156
Other Assets Total$550$550→ $0
Liabilities
Accounts Payable and Accrued Expenses$3,175$3,175→ $0
Total Liabilities$3,175$3,175→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$2,765,865$2,748,709▼ $17,156
Temporarily Rstr Net Assets$150,000--
Total Net Assets Fund Balance$2,915,865$2,748,709▼ $167,156
Total Liabilities and Net Assets / Fund Balance$2,919,040$2,751,884▼ $167,156

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$156,988$108,012$265,000
Land$70,000-$70,000
Leasehold Improvements$26,519$16,329$42,848
Other Land Buildings$163$15,463$15,626
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Ramesh WadhwaniPresident
Devdutt NargarkarTrustee
Manoj WadhwaniTrustee
Raj DhawanTrustee
Sreedhar EkboteTrustee
Ravi C Dabir DdsSecretary
Falguni H DesaiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$613,641
Program Service Revenue
$0
Investment Income
$47,004
Other Revenue
$13,991
All Other Contributions
$613,641
Change in Net Assets
$-6,269

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$56,706Mean Value
Total Noncash Contributions3$56,706-

Audited Revenue Reconciliation

Revenue per Audited Statements
$674,636
Total Revenue per Audited Statements
$674,636
Total Revenue per Form 990
$674,636
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$644,320
Other Expenses$36,585
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$640,008--$640,008
Occupancy$19,006--$19,006
Depreciation Depletion$7,935--$7,935
Fees for Services Other$7,563--$7,563
Grants to Domestic Orgs$4,312--$4,312
Information Technology$468--$468
Other Expenses$87--$87
Total Functional Expenses$680,905$0$0$680,905

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$680,905
Total Expenses per Audited Statements$680,905
Total Expenses per Form 990$680,905
International Activity

International Summary

Spending
$640,008

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
IndiaGrants to Recipients-00$640,008
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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, Line 8: Explanation of No Contemporaneously Documentation of Meetings

“Maintained in written format.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The treasurer in conjunction with financial personnel review the tax return and consult with outside tax preparer regarding any uncertanties.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Upon written request the organization will provide any financial or governing documents.”

Filing and Contact Details

Filer

Filer Name
Prasanthi Trust Inc
EIN
06-1356473
Phone
8609309689
Address
1 SERRA DRIVE, UNIONVILLE, CT 06085

Signing Officer

Name
Falguni H Desai
Title
Treasurer
Signed
2019-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Falguni H Desai
Formed
1993
Legal Domicile
Ct
Voting Board Members
7
Independent Board Members
9
Employees
0
Volunteers
20

Preparer

Firm
Chokshi Mund & Raczkowski PC
Address
35 Cold Spring Road Suite 424, Rocky Hill, CT 06067-3164
Preparer
James D Raczkowski
Phone
8605632854
Raw XML AppendixShowing 400 of 496 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03175
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03175
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO ENHANCE THE LIVING STANDARDS OF THE DISADVANTAGED BY SUPPORTING MANY WORLDWIDE PROJECTS AND OPERATE A COMMUNITY BASED CENTER FOCUSING IN THE AREAS OF EDUCATION, SELFLESS SERVICE AND SPIRTUALITY.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt0613641
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0FALGUNI H DESAI
IRS990/BooksInCareOfDetail/PhoneNum08609309689
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01 SERRA DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0UNIONVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd006085
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0352440
IRS990/CashNonInterestBearingGrp/EOYAmt0331378
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0613641
IRS990/CYGrantsAndSimilarPaidAmt0644320
IRS990/CYInvestmentIncomeAmt047004
IRS990/CYOtherExpensesAmt036585
IRS990/CYOtherRevenueAmt013991
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-6269
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0680905
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0674636
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt07935
IRS990/DepreciationDepletionGrp/TotalAmt07935
IRS990/Desc0FINANCIAL RESOURCES PROVIDED TO SEVERAL FOREIGN AND DOMESTIC ORGANIZATIONS THAT SERVE THE NEEDY AND DESTITUTE BY PROVIDING FREE MEDICAL CARE AND EDUCATION; ENHANCING THE PUBLIC AND EDUCATING PROFESSIONALS IN INDIA REGARDING HEALTH CONCERNS AND AIDING OTHER ORGANIZATIONS WHOM ENHANCE LIVING CONDITIONS AND THE ENVIRONMENT IN UNDERDEVELOPED VILLAGES OF THE WORLD.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0644320
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt07563
IRS990/FeesForServicesOtherGrp/TotalAmt07563
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0true
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/ProgramServicesAmt0640008
IRS990/ForeignGrantsGrp/TotalAmt0640008
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0RAMESH WADHWANI
IRS990/Form990PartVIISectionAGrp/PersonNm1FALGUNI H DESAI
IRS990/Form990PartVIISectionAGrp/PersonNm2RAVI C DABIR DDS
IRS990/Form990PartVIISectionAGrp/PersonNm3RAJ DHAWAN
IRS990/Form990PartVIISectionAGrp/PersonNm4SREEDHAR EKBOTE
IRS990/Form990PartVIISectionAGrp/PersonNm5DEVDUTT NARGARKAR
IRS990/Form990PartVIISectionAGrp/PersonNm6MANOJ WADHWANI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0false
IRS990/FormationYr01993
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt010073
IRS990/GainOrLossGrp/SecuritiesAmt0-12418
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt0644320
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt04312
IRS990/GrantsToDomesticOrgsGrp/TotalAmt04312
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt010073
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02190114
IRS990/GrossReceiptsAmt02877168
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0468
IRS990/InformationTechnologyGrp/TotalAmt0468
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt049349
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt049349
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01911664
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01128079
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0139804
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0261605
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0253670
IRS990/LandBldgEquipCostOrOtherBssAmt0393474
IRS990/LegalDomicileStateCd0CT
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt02202532
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO ENHANCE THE LIVING STANDARDS OF THE DISADVANTAGED BY SUPPORTING MANY WORLDWIDE PROJECTS AND OPERATE A COMMUNITY BASED CENTER FOCUSING IN THE AREAS OF EDUCATION, SELFLESS SERVICE AND SPIRTUALITY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0true
IRS990/NetAssetsOrFundBalancesBOYAmt02915865
IRS990/NetAssetsOrFundBalancesEOYAmt02748709
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-2345
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-2345
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-160887
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt056706
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt019006
IRS990/OccupancyGrp/TotalAmt019006
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt0550
IRS990/OtherAssetsTotalGrp/EOYAmt0550
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0TELEPHONE
IRS990/OtherExpensesGrp/Desc1INVESTMENT EXPENSES
IRS990/OtherExpensesGrp/Desc2FOREIGN TAXES
IRS990/OtherExpensesGrp/Desc3BANK CHARGES
IRS990/OtherExpensesGrp/ProgramServicesAmt0543
IRS990/OtherExpensesGrp/ProgramServicesAmt1503
IRS990/OtherExpensesGrp/ProgramServicesAmt2480
IRS990/OtherExpensesGrp/ProgramServicesAmt387
IRS990/OtherExpensesGrp/TotalAmt0543
IRS990/OtherExpensesGrp/TotalAmt1503
IRS990/OtherExpensesGrp/TotalAmt2480
IRS990/OtherExpensesGrp/TotalAmt387
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1532000
IRS990/OtherRevenueMiscGrp/BusinessCd2532000
IRS990/OtherRevenueMiscGrp/Desc0BUILDING DEP FORFEITED
IRS990/OtherRevenueMiscGrp/Desc1INSURANCE REIMBURSEMENT
IRS990/OtherRevenueMiscGrp/Desc2ROOM RENTAL
IRS990/OtherRevenueMiscGrp/ExclusionAmt010000
IRS990/OtherRevenueMiscGrp/ExclusionAmt12491
IRS990/OtherRevenueMiscGrp/ExclusionAmt21500
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt010000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt12491
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt21500
IRS990/OtherRevenueTotalAmt013991
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01526
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01526
IRS990/PrincipalOfficerNm0FALGUNI H DESAI
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0OPERATE A LOCAL EDUCATION AND SERVICE CENTER, SPECIFICALLY OFFERING FREE ADULT AND COMPUTER LITERACY CLASSES, AFTER SCHOOL EDUCATION, HEALTH AND MEDITATION, PARENTING PROGRAMS,HUMAN VALUES IN THE WORKPLACE AND COMMUNITY SERVICE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt036585
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0588338
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0581995
IRS990/PYInvestmentIncomeAmt0194525
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt022002
IRS990/PYOtherRevenueAmt037
IRS990/PYRevenuesLessExpensesAmt0178903
IRS990/PYTotalExpensesAmt0603997
IRS990/PYTotalRevenueAmt0782900
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-6269
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0391255
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01036681
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0613641
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0588338
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0755323
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0565693
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0654442
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03177437
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt049349
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt048470
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt042954
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt037063
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt092023
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0269859
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt013991
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0150
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0400
IRS990ScheduleA/OtherIncome170Grp/TotalAmt014541
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.85340
IRS990ScheduleA/PublicSupportPY170Pct00.83870
IRS990ScheduleA/PublicSupportTotal170Amt02953941
IRS990ScheduleA/SubstantialContributorsTotAmt0223496
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0613641
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0588338
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0755323
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0565693
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0654442
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03177437
IRS990ScheduleA/TotalSupportAmt03461483
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt0-113
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt0-241
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0-354
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/BookValueAmt0156988
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0108012
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0265000
IRS990ScheduleD/ExpensesSubtotalAmt0680905
IRS990ScheduleD/LandGrp/BookValueAmt070000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt070000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt026519
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt016329
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt042848
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0163
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt015463
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt015626
IRS990ScheduleD/RevenueSubtotalAmt0674636
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0253670
IRS990ScheduleD/TotalExpensesPerForm990Amt0680905
IRS990ScheduleD/TotalRevenuePerForm990Amt0674636
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0674636
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0680905
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0640008
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0INDIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANTS TO RECIPIENTS
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0545000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt110008
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt275000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt310000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0CHECK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1CHECK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt2CHECK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt3CHECK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0HOSP OPERATIONS
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1KERALA RELIEF
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt2MOBILE VAN
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt3ORPHANAGE AID
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0ASIA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1ASIA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt2ASIA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt3ASIA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc0COST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc1COST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc2COST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc3COST
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalSpentAmt0640008
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0Project Approval Process:1.Review the formal standard grant request sent to trust office2.Internal three person committee assigned to review the request and make a recommendation to board of trustees with a consensus opinion3.Trustees look at the recommendation and then based on merit and availability of funds now or at future date may decide to approve full or partial grant4.Recipient organization is informed in-person or through electronic means about the grant approval information5.Also point to be noted that trustee(s) at times may put forward an internal request to work with a known external trust that may be engaged in supporting humanitarian projects in-line with Prasanthi Trust. However, review and oversight process is same as documented belowProject Funds:1.After the project is sanctioned by trustees, 2 or 3 member committee is identified to oversee the project execution. Making sure at least one or two members have time and where withal to travel and oversee the project at their own expense2.Funds are sent via check or electronically in a phased manner to the recipient organizationProject Oversight:1.If the project involves Capital Funding the oversight is much easier which involves reviewing purchased capital good invoices. Visits to see capital goods have been installed and commissioned. Also documenting via pictures and reports completion report on the project2.If the project involves humanitarian service and or-on-going sustainment such as an educational institution or hospital providing free healthcare to deserving needy people then one or more people from the oversight committee group have harder work to make a few visits to place of service and verify that Loving dedicated service is being rendered on an on-going basis and make sure funds are being deployed appropriately. Followed by a written report of satisfactory completion. Though we dont control the complete process and/or outcome, the report helps the trustees to weigh-in when considering the future similar grant requests
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US
IRS990ScheduleF/TotalOtherOrgCnt04
IRS990ScheduleF/TotalSpentAmt0640008

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,751,884
Liabilities
$3,175
Net assets
$2,748,709
Revenue
$674,636
Expenses
$680,905
Net income
-$6,269
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.42$0.01$6.41$0.95$0.88$0.07
2023Detailed filing. Detailed filing data is available for this year.$5.96$0.01$5.95$1.03$0.83$0.21
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.31$0.01$5.31$0.89$0.45$0.44
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.49$0.01$5.48$2.17$1.16$1.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.09$0.01$4.08$1.00$0.49$0.51
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.32$0.01$3.31$0.83$0.37$0.46
2018Detailed filing. Detailed filing data is available for this year.$2.75$0.00$2.75$0.67$0.68$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.92$0.00$2.92$0.78$0.60$0.18
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.70$0.00$2.70$0.78$0.49$0.29
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.35$0.00$2.35$0.60$0.47$0.13
2014Detailed filing. Detailed filing data is available for this year.$2.24$0.00$2.24$0.75$0.56$0.18
2013Detailed filing. Detailed filing data is available for this year.$2.10$0.00$2.10$0.84$0.48$0.36
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$0.00$1.70$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$0.00$1.19$0.35
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.00$1.13$0.48