Civic Intelligence

Prasanthi Trust Inc.

990 • Fiscal year 2022 • EIN 06-1356473

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

Organization ProfileWWW.PRASANTHI.ORG
2 Brookpine DrShelton, CT 06484

(860) 930-9689

Siviq Scores

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

Liabilities / Assets

11th percentile

0.00x

Higher debt load relative to assets than 11% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

12th percentile

0.01x

Higher debt load relative to revenue than 12% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

89th percentile

49%

Higher net margin than 89% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

36th percentile

-3.3%

Faster asset growth than 36% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

5th percentile

-59%

Faster revenue growth than 5% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets11th percentile

Assets

Down

$5,313,045

Down $180,231 (-3.3%) from 2021

Net Assets

Down

$5,306,545

Down $176,931 (-3.2%) from 2021

Liabilities

Down

$6,500

Down $3,300 (-34%) from 2021

Revenue And Expenses
Liabilities / Revenue12th percentileNet Margin89th percentile

Revenue

Down

$891,990

Down $1,275,391 (-59%) from 2021

Expenses

Down

$450,882

Down $707,388 (-61%) from 2021

Net Income

Down

$441,108

Down $568,003 (-56%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth36th 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

2022

Assets$5,313,045
Liabilities$6,500
Net Assets$5,306,545
Open 2022 Filing

Operations Trend

Revenue Growth5th 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

2022

Revenue$891,990
Expenses$450,882
Net Income$441,108
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$891,990
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.

To enhance the living standards of the disadvantaged by supporting many worldwide projects focusing on healthcare, education and sociocare initiatives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,806,856$3,439,373▼ $367,483
Savings and Temporary Cash Investments$887,802$1,544,591▲ $656,789
Cash and Non-Interest-Bearing Accounts$798,618$329,081▼ $469,537
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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$5,493,276$5,313,045▼ $180,231
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$9,800$6,500▼ $3,300
Total Liabilities$9,800$6,500▼ $3,300
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,347,976$5,306,545▼ $41,431
Net Assets With Donor Restrictions$135,500--
Total Net Assets Fund Balance$5,483,476$5,306,545▼ $176,931
Total Liabilities and Net Assets / Fund Balance$5,493,276$5,313,045▼ $180,231
Compensation and Service Providers
Top Officer Pay22nd percentile

Board Members and Trustees

NameTitle
Ramesh WadhwaniPresident
Devdutt NargarkarTrustee
Manoj WadhwaniTrustee
Sreedhar EkboteTrustee
Prbhakar GowrisankaranSecretary
Falguni H DesaiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$824,393
Program Service Revenue
$0
Investment Income
$67,597
Other Revenue
$0
All Other Contributions
$824,393
Change in Net Assets
$441,108

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$53,684Mean
Total Noncash Contributions3$53,684-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$448,830
Other Expenses$2,052
Total Fundraising Expense$1,318
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$448,830--$448,830
Fees for Services Other--$737$737
Other Expenses$22$234$234$22
Total Functional Expenses$448,982$582$1,318$450,882
International Activity

International Summary

Spending
$448,830

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$404,170
Eastern EuropeGrants to Recipients-00$25,010
Sri LankaGrants to Recipients-00$19,650
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 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 A, Line 8B

“Maintained in written format.”

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

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

Form 990, Part VI, Section C, Line 19

“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
2 BROOKPINE DR, SHELTON, CT 06484

Signing Officer

Name
Falguni H Desai
Title
Treasurer
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Falguni H Desai
Formed
1993
Legal Domicile
Ct
Voting Board Members
6
Independent Board Members
7
Employees
0
Volunteers
10

Preparer

Firm
Chokshi Mund & Raczkowski Pc
Address
35 COLD SPRING RD STE 424, Rocky Hill, CT 06067
Preparer
James D Raczkowski
Phone
8605632854
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0441108
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0887802
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01544591
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0824075
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02116001
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0962140
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0657282
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0613641
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05173139
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt063939
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt039966
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt035750
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt043346
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt049349
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0232350
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt013991
IRS990ScheduleA/OtherIncome170Grp/TotalAmt013991
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.86240
IRS990ScheduleA/PublicSupportPY170Pct00.85740
IRS990ScheduleA/PublicSupportTotal170Amt04673563
IRS990ScheduleA/SubstantialContributorsTotAmt0499576
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0824075
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02116001
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0962140
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0657282
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0613641
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05173139
IRS990ScheduleA/TotalSupportAmt05419480
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0404170
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt119650
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt225010
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0INDIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1SRI LANKA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2EASTERN EUROPE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANTS TO RECIPIENTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1GRANTS TO RECIPIENTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2GRANTS TO RECIPIENTS
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt025010
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt140000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt225000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt3170
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt414000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt511000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt6190000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt78650
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt875000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt960000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0CHECK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1CHECK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt2CHECK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt3CHECK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt4CHECK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt5CHECK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt6CHECK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt7CHECK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt8CHECK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt9CHECK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0UKRAINE RELIEF
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1BATHROOM REHAB.
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt2BLDG. CONST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt3COMPUTER EQUIP
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt4EYECARE EQUIPMENT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt5FOOD AND SUPPLIES
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt6HOSP OPERATIONS
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt7MEDICAL SURGERIES
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt8MOBILE VAN
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt9SCHOOL, FOOD, MEDL
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0EASTERN EUROPE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1SOUTHERN ASIA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt2SOUTHERN ASIA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt3SOUTHERN ASIA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt4SOUTHERN ASIA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt5SOUTHERN ASIA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt6SOUTHERN ASIA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt7SOUTHERN ASIA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt8SOUTHERN ASIA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt9SOUTHERN ASIA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc0COST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc1COST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc2COST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc3COST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc4COST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc5COST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc6COST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc7COST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc8COST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc9COST
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalSpentAmt0448830
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0Project Approval Process:1.Review the formal standard grant request sent to trust office2.Internal three person committee is assigned to review the request and make a recommendation to the 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, a 2 or 3 member committee is identified to oversee the project execution. Making sure at least one or two members have time and wherewithal to travel and oversee the project at their own expense2.Funds are sent via check or electronically in a phased-in 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/TotalOtherOrgCnt010
IRS990ScheduleF/TotalSpentAmt0448830
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt03
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0MEAN
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt053684
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MAINTAINED IN WRITTEN FORMAT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TREASURER IN CONJUNCTION WITH FINANCIAL PERSONNEL REVIEW THE TAX RETURN AND CONSULT WITH OUTSIDE TAX PREPARER REGARDING ANY UNCERTANTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON WRITTEN REQUEST THE ORGANIZATION WILL PROVIDE ANY FINANCIAL OR GOVERNING DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CT
IRS990/SubjectToExcsTaxNetInvstIncInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,313,045
Liabilities
$6,500
Net assets
$5,306,545
Revenue
$891,990
Expenses
$450,882
Net income
$441,108
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
2022Detailed filing. Detailed filing data is available for this year.$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
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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
Peer Organizations

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