Civic Intelligence

Shanti Fund Inc.

990 • Fiscal year 2019 • EIN 11-3178073

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 11, 2020

PO Box 554Medford, NY 11763-0554

(631) 269-1167

Siviq Scores

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

Liabilities / Assets

54th percentile

0.00x

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

2019 filings • NTEE P80 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

53rd percentile

0.00x

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

2019 filings • NTEE P80 • <$500k nonprofits • Source year 2019

Net Margin

40th percentile

1.5%

Higher net margin than 40% of similar nonprofits.

2019 filings • NTEE P80 • <$500k nonprofits • Source year 2019

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2019 filings • NTEE P80 • <$500k nonprofits • Source year 2019

Asset Growth

44th percentile

0.4%

Faster asset growth than 44% of similar nonprofits.

2019 filings • NTEE P80 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

92nd percentile

161%

Faster revenue growth than 92% of similar nonprofits.

2019 filings • NTEE P80 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$374,757

Up $1,561 (+0.4%) from 2018

Net Assets

Up

$374,757

Up $1,561 (+0.4%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$103,841

Up $64,045 (+161%) from 2018

Expenses

Up

$102,280

Up $63,880 (+166%) from 2018

Net Income

Up

$1,561

Up $165 (+12%) from 2018

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $172,499Liabilities 2011: $0Net Assets 2011: $172,4992011Assets 2012: $362,385Liabilities 2012: $0Net Assets 2012: $362,3852012Assets 2013: $346,161Liabilities 2013: $0Net Assets 2013: $346,1612013Assets 2014: $355,943Liabilities 2014: $0Net Assets 2014: $355,9432014Assets 2015: $363,003Liabilities 2015: $0Net Assets 2015: $363,0032015Assets 2016: $365,856Liabilities 2016: $0Net Assets 2016: $365,8562016Assets 2017: $371,800Liabilities 2017: $0Net Assets 2017: $371,8002017Assets 2018: $373,196Liabilities 2018: $0Net Assets 2018: $373,1962018Assets 2019: $374,757Liabilities 2019: $0Net Assets 2019: $374,7572019Assets 2020: $388,389Liabilities 2020: $0Net Assets 2020: $388,3892020Assets 2021: $374,756Liabilities 2021: $0Net Assets 2021: $374,7562021Assets 2022: $363,256Liabilities 2022: $0Net Assets 2022: $363,2562022Assets 2023: $364,743Liabilities 2023: $0Net Assets 2023: $364,7432023Assets 2024: $368,772Liabilities 2024: $0Net Assets 2024: $368,7722024

Highlighted filing

2019

Assets$374,757
Liabilities$0
Net Assets$374,757

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $40,054Expenses 2011: $26,662Net Income 2011: $13,3922011Revenue 2012: $229,928Expenses 2012: $40,041Net Income 2012: $189,8872012Revenue 2013: $33,573Expenses 2013: $49,797Net Income 2013: -$16,2242013Revenue 2014: $61,106Expenses 2014: $51,324Net Income 2014: $9,7822014Revenue 2015: $40,273Expenses 2015: $33,213Net Income 2015: $7,0602015Revenue 2016: $49,720Expenses 2016: $46,867Net Income 2016: $2,8532016Revenue 2017: $42,402Expenses 2017: $36,458Net Income 2017: $5,9442017Revenue 2018: $39,796Expenses 2018: $38,400Net Income 2018: $1,3962018Revenue 2019: $103,841Expenses 2019: $102,280Net Income 2019: $1,5612019Revenue 2020: $52,875Expenses 2020: $39,243Net Income 2020: $13,6322020Revenue 2021: $30,454Expenses 2021: $44,087Net Income 2021: -$13,6332021Revenue 2022: $19,213Expenses 2022: $30,713Net Income 2022: -$11,5002022Revenue 2023: $39,259Expenses 2023: $37,772Net Income 2023: $1,4872023Revenue 2024: $53,725Expenses 2024: $49,696Net Income 2024: $4,0292024

Highlighted filing

2019

Revenue$103,841
Expenses$102,280
Net Income$1,561
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 11, 2020
Return Version
2019v5.1
Gross Receipts
$103,841
Mission and Program Overview

Mission

Reached out to thousands of elementary, middle and high schoolstudent as well as main stream community members through fifteen days of the 13th anniversary of gandhi statue on long island celebration, photo exhibition, etc.

1 Promote peace and enlightenment through education 2 Spread message of non-violence through Gandhis teachings 3 Promote Awareness of Issues affecting Indian American Community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$373,196$374,757▲ $1,561
Savings and Temporary Cash Investments$327,262$331,384▲ $4,122
Cash and Non-Interest-Bearing Accounts$45,934$43,373▼ $2,561
Total Assets$373,196$374,757▲ $1,561
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$373,196$374,757▲ $1,561
Total Liabilities and Net Assets / Fund Balance$373,196$374,757▲ $1,561
Compensation and Service Providers

Board Members and Trustees

NameTitle
Arvind VoraPresident/executive Director
Ashok VoraTrustee
Bakul MataliaVice-pres/CFO
Revenue and Support

Revenue Composition

Contributions and Grants
$100,045
Program Service Revenue
$0
Investment Income
$3,796
Other Revenue
$0
All Other Contributions
$100,045
Change in Net Assets
$1,561
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$102,280
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$60,095--$60,095
Conferences and Meetings$37,185--$37,185
Office Expenses-$1,862-$1,862
Insurance-$425-$425
Other Expenses$1,200$8-$8
Total Functional Expenses$98,480$3,800$0$102,280
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Shanti Fund Inc
EIN
11-3178073
Phone
6312691167
Address
PO BOX 554, MEDFORD, NY 11763-0554

Signing Officer

Name
Arvind Vora
Title
President
Signed
2020-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Arvind Vora
Formed
1993
Legal Domicile
Ny
Voting Board Members
2
Independent Board Members
2
Employees
0

Preparer

Firm
Aj Tax & Accounting Svcs Corp
Address
88-14 170TH STREET, JAMAICA, NY 11432
Preparer
Anjan K Bhattacharjee CPA
Phone
7186588767
Supplemental Narrative

Additional Explanations

Form 990, Part IV, Section PAGE-4, Line 38

All our activities are open and transparent and can be inspected upon reasonable request.

Form 990, Part I, Section PAGE-1, Line 1

Volunteers of Shanti Fund are actively engaged in promoting peace and nonviolence through educational means since its inception in 1993.Programs of Shanti Fund to build bridges between main stream and highly educated immigrant communities werehighly admired and appreciated by the Suffolk County government. To honor Volunteers efforts the county government invited them to commission and place Gandhi statue within Suffolk County in 1997. Volunteers retained a famous American sculptor for a life size bronze Gandhi Statue. The statue was dedicated on October 2, 1998Gandhi birth anniversary and is currently gracing the Plaza Lebel of the Suffolk County Executive office building in Hauppauge, New York. As part of the educational efforts, which are strengthened after 9-11 catastrophic event in the American history, volunteers reached out to local schools to instill value of peace and nonviolence through various programs, including Peace Walk, Peace Poster Competition, Chorus of Peace Songs, Peace Skits, Peace Presentations, Peace Themed Movies and photo exhibitions. Volunteers of Shanti Fund have received hundreds of posters as part of the Peace Poster competition every year from the school age children of grade 1 to grade 12. Winners are felicited with awards and gifts certificates at a dignified ceremony in the presence of student artists, school officials and elected officials. For last 14 years, this winning art works have been madepart of Shanti Fund Peace Art Calendar. Gandhi Peace Garden- To celebrate the Gandhis 150th anniversary as well as his lifestyle to promote reverence for environment, a unique four-way partnership was forged. SUNY at Old Westbury provided space, Government of India thru Consulate General of India at New York played a key role, individual donors who adopted one or more tree at 500.00 each, and Shanti Fund a local NGO coordinated all phases to make a reality of Gandhi Peace Garden consisting of 150 trees, at least one from each state of USA.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Volunteers of Shanti Fund are actively engaged in promoting peace and nonviolence through educational means since its inception in 1993.Programs of Shanti Fund to build bridges between main stream and highly educated immigrant communities werehighly admired and appreciated by the Suffolk County government. To honor Volunteers efforts the county government invited them to commission and place Gandhi statue within Suffolk County in 1997. Volunteers retained a famous American sculptor for a life size bronze Gandhi Statue. The statue was dedicated on October 2, 1998Gandhi birth anniversary and is currently gracing the Plaza Lebel of the Suffolk County Executive office building in Hauppauge, New York. As part of the educational efforts, which are strengthened after 9-11 catastrophic event in the American history, volunteers reached out to local schools to instill value of peace and nonviolence through various programs, including Peace Walk, Peace Poster Competition, Chorus of Peace Songs, Peace Skits, Peace Presentations, Peace Themed Movies and photo exhibitions. Volunteers of Shanti Fund have received hundreds of posters as part of the Peace Poster competition every year from the school age children of grade 1 to grade 12. Winners are felicited with awards and gifts certificates at a dignified ceremony in the presence of student artists, school officials and elected officials. For last 14 years, this winning art works have been madepart of Shanti Fund Peace Art Calendar. Gandhi Peace Garden- To celebrate the Gandhis 150th anniversary as well as his lifestyle to promote reverence for environment, a unique four-way partnership was forged. SUNY at Old Westbury provided space, Government of India thru Consulate General of India at New York played a key role, individual donors who adopted one or more tree at 500.00 each, and Shanti Fund a local NGO coordinated all phases to make a reality of Gandhi Peace Garden consisting of 150 trees, at least one from each state of USA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part IV, Section PAGE-4, Line 38
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part I, Section PAGE-1, Line 1
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ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.69$0.00$3.69$0.54$0.50$0.04
2023Detailed filing. Detailed filing data is available for this year.$3.65$0.00$3.65$0.39$0.38$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.63$0.00$3.63$0.19$0.31$0.12
2021Detailed filing. Detailed filing data is available for this year.$3.75$0.00$3.75$0.30$0.44$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.88$0.00$3.88$0.53$0.39$0.14
2019Detailed filing. Detailed filing data is available for this year.$3.75$0.00$3.75$1.04$1.02$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.73$0.00$3.73$0.40$0.38$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.72$0.00$3.72$0.42$0.36$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.66$0.00$3.66$0.50$0.47$0.03
2015Detailed filing. Detailed filing data is available for this year.$3.63$0.00$3.63$0.40$0.33$0.07
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$3.56$0.00$3.56$0.61$0.51$0.10
2013Detailed filing. Detailed filing data is available for this year.$3.46$0.00$3.46$0.34$0.50$0.16
2012Summary only. Only limited summary data is available for this year.$3.62$0.00$3.62$2.30$0.40$1.90
2011Summary only. Only limited summary data is available for this year.$1.72$0.00$1.72$0.40$0.27$0.13