Balvikas Inc.

990EZ • Fiscal year 2022 • EIN 26-3946436

Jan 01, 2022 to Dec 31, 2022 • Filed on May 05, 2023

Organization Profile www.balavikas.org

20416 Oyster Reef PlAshburn, VA 20147

(703) 655-6568

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.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

-111%

Higher net margin than 6% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

-58%

Faster asset growth than 8% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

-17%

Faster revenue growth than 26% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet

Liabilities / Assets58th percentile

Assets

Down

$65,923

Down $92,210 (-58%) from 2021

Net Assets

Down

$65,923

Down $92,210 (-58%) from 2021

Liabilities

Flat

Flat from 2021

Revenue And Expenses

Liabilities / Revenue58th percentile Net Margin6th percentile

Revenue

Down

$92,341

Down $19,458 (-17%) from 2021

Expenses

$194,757

Up $159,463 (+452%) from 2021

Net Income

Down

-$102,416

Down $178,921 (-234%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

Highlighted filing

2022

Assets$65,923

Liabilities$0

Net Assets$65,923

Open 2022 Filing

Operations Trend

Revenue Growth26th percentile

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

Highlighted filing

2022

Revenue$92,341

Expenses$194,757

Net Income-$102,416

Open 2022 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2022 to Dec 31, 2022
Signed: May 5, 2023
Return Version: 2022v5.0
Gross Receipts: $92,341

Mission and Program Overview

Mission

Education of ethical and moral values

Teach traditional hindu values to childr

Program Services

Description	Grants	Expenses
1. TEACH TRADITIONAL HINDU DHARMA AND VALUES TO CHILDREN2. TEACH CHILDREN ABOUT SOCIAL AWARENESS AND SERVING THE COMMUNITY	$92,341	$194,757

Compensation and Service Providers

Top Officer Pay78th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
DRGVV RAO	President	PT	$0	-	-
VAIDYANATHAN BASKARAN	Treasurer	PT	$0	-	-
JOTHI RADHAKRISHNAN	Secretary	PT	$0	-	-

Filing and Contact Details

Filer

Filer Name: Balvikas Inc
EIN: 26-3946436
Address: 20416 OYSTER REEF PL, Ashburn, VA 20147

Signing Officer

Name: Vaidyanathan Baskaran
Title: Treasurer
Phone: 7033490906
Signed: 2023-05-05
Discuss with paid preparer: No

Preparer

Firm: Balagan Business & Tax Service
Address: 12100 FRANKLIN ST, Beltsville, MD 20705
Preparer: Balagan Arumugaswamy CPA Llm
Phone: 3019311040

Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

“Activity DONATION Grantee CHINMAYA SOMNATH Street 4350 BLUE SPRING DR City, State, Zip Chantilly, VA 20151Amount 5,000Activity DREAMER AWARDS+ BUILDING DONATION Grantee RAMA KRISHNA MISSION ASHRAM Street 7-8-25, RK BEACH ROAD, PANDURANGA City, Province, Country, Postal VISAKHAPATNAM, ANDHRA PRADESH India 530003Amount 185,570”

Description of other expenses Part I line 16

“Description AmountDC CENTRAL KITCHEN 1,500HACSI RAMA KRISHNA MISSION 600DURGA TEMPLE- COVID 19 DONATION 216VEDANTA SOCIETY- SOCIAL SUPPORT 116WILDLIFE PRESERVE SOCIETY 239YOUTH DAY COMPETETION EXPENSES 866BANK CHARGES 100ACCOUNTING FEES 550”

Other changes in net assets or fund balances Part I line 20

“Description AmountPLEDGES RECEIVABLE 10,206”

Description of other assets Part II line 24

“Pledge Receivable $10206”

Other program services Part III line 31

“In 20221. Children and Parents associated with Balvikas in the Northern Virginia area supported the local communities with the children visiting senior nursing home, spending time with elders and helping with local food drives.2. Balvikas also conducted an Annual talent competition including Essay writing, recitation and speech for young children of all age groups - from pre-elementary to high schools. 3. Balvikas partnered with other non profit organizations in the DC area like Hindu American Community Services Inc (HACSI), DC Central Kitchen and Sewa International to provide healthcare and food for families affected by COVID and the homeless.”

Raw XML Appendix150 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.

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IRS990EZ/BooksInCareOfDetail/PersonNm	0	DR GVV RAO
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	7036556568
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	20416 OYSTER REEF PL
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	Ashburn
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	20147
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	158133
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	65923
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IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	158133
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	65923
IRS990EZ/GrantsAndSimilarAmountsPaidAmt	0	190570
IRS990EZ/GrossReceiptsAmt	0	92341
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InvestmentIncomeAmt	0	133
IRS990EZ/LandAndBuildingsGrp/BOYAmt	0	0
IRS990EZ/LandAndBuildingsGrp/EOYAmt	0	0
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	158133
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	65923
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	158133
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	65923
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	5.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	5.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	5.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	DRGVV RAO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	VAIDYANATHAN BASKARAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	JOTHI RADHAKRISHNAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	SECRETARY
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	0
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	0
IRS990EZ/OtherChangesInNetAssetsAmt	0	10206
IRS990EZ/OtherExpensesTotalAmt	0	4187
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	TEACH TRADITIONAL HINDU VALUES TO CHILDR
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	1. TEACH TRADITIONAL HINDU DHARMA AND VALUES TO CHILDREN2. TEACH CHILDREN ABOUT SOCIAL AWARENESS AND SERVING THE COMMUNITY
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	92341
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	194757
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SchoolOperatingInd	0	true
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	194757
IRS990EZ/TotalProgramServiceExpensesAmt	0	194757
IRS990EZ/TotalRevenueAmt	0	92341
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990ScheduleA/SchoolInd	0	X
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
IRS990ScheduleE/ComplianceWithRevProc7550Ind	0	true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd	0	false
IRS990ScheduleE/DiscriminateRaceAthltProgInd	0	false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd	0	false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd	0	false
IRS990ScheduleE/DiscriminateRaceOtherActyInd	0	false
IRS990ScheduleE/DiscriminateRaceSchsInd	0	false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd	0	false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd	0	false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd	0	false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd	0	false
IRS990ScheduleE/MaintainCpyOfAllSolInd	0	true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd	0	true
IRS990ScheduleE/MaintainRacialCompRecsInd	0	true
IRS990ScheduleE/MaintainScholarshipsRecsInd	0	true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd	0	true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd	0	false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd	0	true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Activity DONATION Grantee CHINMAYA SOMNATH Street 4350 BLUE SPRING DR City, State, Zip Chantilly, VA 20151Amount 5,000Activity DREAMER AWARDS+ BUILDING DONATION Grantee RAMA KRISHNA MISSION ASHRAM Street 7-8-25, RK BEACH ROAD, PANDURANGA City, Province, Country, Postal VISAKHAPATNAM, ANDHRA PRADESH India 530003Amount 185,570
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Description AmountDC CENTRAL KITCHEN 1,500HACSI RAMA KRISHNA MISSION 600DURGA TEMPLE- COVID 19 DONATION 216VEDANTA SOCIETY- SOCIAL SUPPORT 116WILDLIFE PRESERVE SOCIETY 239YOUTH DAY COMPETETION EXPENSES 866BANK CHARGES 100ACCOUNTING FEES 550
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	Description AmountPLEDGES RECEIVABLE 10,206
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	Pledge Receivable $10206
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	In 20221. Children and Parents associated with Balvikas in the Northern Virginia area supported the local communities with the children visiting senior nursing home, spending time with elders and helping with local food drives.2. Balvikas also conducted an Annual talent competition including Essay writing, recitation and speech for young children of all age groups - from pre-elementary to high schools. 3. Balvikas partnered with other non profit organizations in the DC area like Hindu American Community Services Inc (HACSI), DC Central Kitchen and Sewa International to provide healthcare and food for families affected by COVID and the homeless.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Other changes in net assets or fund balances Part I line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	Other program services Part III line 31
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd	0	AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd	0	IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd	0	00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd	0	0
ReturnHeader/BuildTS	0	2023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	false
ReturnHeader/BusinessOfficerGrp/PersonNm	0	VAIDYANATHAN BASKARAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	7033490906
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2023-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	BALVIKAS INC
ReturnHeader/Filer/BusinessNameControlTxt	0	BALV
ReturnHeader/Filer/EIN	0	263946436
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	20416 OYSTER REEF PL
ReturnHeader/Filer/USAddress/CityNm	0	Ashburn
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	VA
ReturnHeader/Filer/USAddress/ZIPCd	0	20147
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	522168542
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	BALAGAN BUSINESS & TAX SERVICE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	12100 FRANKLIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	Beltsville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	20705
ReturnHeader/PreparerPersonGrp/PhoneNum	0	3019311040
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2023-11-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	BALAGAN ARUMUGASWAMY CPA LLM
ReturnHeader/PreparerPersonGrp/SelfEmployedInd	0	X
ReturnHeader/ReturnTs	0	2023-11-02T17:27:41-04:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm	0	VAIDYANATHAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm	0	BASKARAN
ReturnHeader/TaxPeriodBeginDt	0	2022-01-01
ReturnHeader/TaxPeriodEndDt	0	2022-12-31
ReturnHeader/TaxYr	0	2022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing

Assets: $65,923
Liabilities: $0
Net assets: $65,923
Revenue: $92,341
Expenses: $194,757
Net income: -$102,416

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2022Detailed filing. Detailed filing data is available for this year.	$0.66	$0.00	$0.66	$0.92	$1.95	$1.02
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.58	$0.00	$1.58	$1.12	$0.35	$0.77
2020Detailed filing. Detailed filing data is available for this year.	$0.82	$0.00	$0.82	$0.42	$0.98	$0.56
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.38	$0.00	$1.38	$0.79	$0.42	$0.38