Civic Intelligence

Navika Inc.

EIN 27-0838702 • 501(c)3 • Potomac, MD

RevokedPub. 78 Eligible990-N Coverage

Profile

NAVIKA (North America Vishwa Kannada Association) is a nonprofit organization created to promote and enrich the very rich cultural heritage of Karnataka

Revocation date: May 15, 2014

11201 Albermyrtle RdPotomac, MD 20854

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2021

Net Margin

61st percentile

7.8%

Higher net margin than 61% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

Down

$30,835

Down $25,765 (-46%) from 2017

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$30,835

Down $25,765 (-46%) from 2017

Revenue

Down

$68,699

Down $126,534 (-65%) from 2017

Expenses

Down

$63,325

Down $88,160 (-58%) from 2017

Net Income

Down

$5,374

Down $38,374 (-88%) from 2017

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2017: $56,600Net Assets 2017: $56,6002017Assets 2021: $30,835Net Assets 2021: $30,8352021

Highlighted filing

2021

Assets$30,835
Liabilities-
Net Assets$30,835

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0Revenue 2017: $195,233Expenses 2017: $151,485Net Income 2017: $43,7482017Revenue 2021: $68,699Expenses 2021: $63,325Net Income 2021: $5,3742021

Highlighted filing

2021

Revenue$68,699
Expenses$63,325
Net Income$5,374

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 31, 2022
Return Version
2021v4.0
Gross Receipts
$68,699
Mission and Program Overview

Mission

NAVIKA (North America Vishwa Kannada Association) is a nonprofit organization created to promote and enrich the very rich cultural heritage of Karnataka

Navika (North American Vishwa Kannada Association) is a 501 (C) (3) non-profit organization created to promote and enrich the language of kannada education and heritage and culture of Karnataka, India. These activities will be in the form of programs and events to promote the various literacy and performing art forms of kannada program. Navika intends to take up several activities both in USA / India time to timesuch as annual conventions, regional & state level meets amaong kannadaigas, publish journals, newsletters & support charity activities.

Program Services

DescriptionGrantsExpenses
Navika Inc, conducted 2021 Virtual Convention, people viewed the events for 3 days through their home network. Expenses for Recording:- Streaming online events, Studio, Camera, lights, editing, Promo Video, 3D development-$35,333
2021 Virtual convention Cultural Activities: Artist Fee (Music, Drama's and etc)-$18,750
Navika 2021 Virtual convention Misc expenses: Marketing Material, Souveniers, Compitition prizes, & IT services-$9,242
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mr Vallisha ShastryPresident & TrusteePT$0--
Mr Shiva KumarVice President-$0--
Mr Nagaraj ReddiTreasurer-$0--
Mr Manjunath RaoSecretary-$0--
Mr Suresh RamachandranPast President & Trustee-$0--
De Devangi SreekanthBot Chair & Trustee-$0--
Mr Arudi RajagopalVice President-$0--
MrRama RaoJoint Secretary-$0--
Mr Vijay KotrappaVice President-$0--
Dr Keshava BabuFinance Committee & Trustee-$0--
Dr Renuka RamappaFinance Committee & Trustee-$0--
Filing and Contact Details

Filer

Filer Name
Navika Inc
EIN
27-0838702
Phone
2403932945
Address
11201 Albermyrtle Rd, Potomac, MD 20854

Signing Officer

Name
Nagaraj Reddi
Title
Treasurer
Phone
2403932945
Signed
2022-08-31
Supplemental Narrative

Additional Explanations

Part I, Line 16

No other expenses were incurred other than specified under Part III 28, 29, 30.

Part III

"Organization's Mission" Navika (North American Vishwa Kannada Association) is a 501 (C) (3) non-profit organization created to promote and enrich the language of kannada education and heritage and culture of Karnataka, India. These activities will be in the form of programs and events to promote the various literacy and performing art forms of kannada program. Navika intends to take up several activities both in USA / India time to timesuch as annual conventions, regional & state level meets amaong kannadaigas, publish journals, newsletters & support charity activities. NO Foreign Grants Received for this events. The revenue is from event attending fee and Sponsor ads. Navika conducted 2021 virual (online) convention, people viewed the event for three days form their home network Form 990-EZ, Part IV - Compensation of officers No compensation has been paid to any officers, Directors, Trustees, key volunteers. Navika is run by volunteers at their time. Navika Financial statement was reviewed by Financial Audit committee , after approval the report was presented to the executive committee and trustees.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1"Organization's Mission" Navika (North American Vishwa Kannada Association) is a 501 (C) (3) non-profit organization created to promote and enrich the language of kannada education and heritage and culture of Karnataka, India. These activities will be in the form of programs and events to promote the various literacy and performing art forms of kannada program. Navika intends to take up several activities both in USA / India time to timesuch as annual conventions, regional & state level meets amaong kannadaigas, publish journals, newsletters & support charity activities. NO Foreign Grants Received for this events. The revenue is from event attending fee and Sponsor ads. Navika conducted 2021 virual (online) convention, people viewed the event for three days form their home network Form 990-EZ, Part IV - Compensation of officers No compensation has been paid to any officers, Directors, Trustees, key volunteers. Navika is run by volunteers at their time. Navika Financial statement was reviewed by Financial Audit committee , after approval the report was presented to the executive committee and trustees.
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ReasonableCauseExplanation/ExplanationTxt022 August 2022 NVK Letter Number20220510 Department of the Treasury Internal Revenue Service Center Ogden, UT 84201-0027 Subject: Form 990-EZ for period (Jan 1, 2021 Dec 31, 2021) Reference: EIN Number: 27-0838702 Dear Mr. /Mrs. Tax Processor: Navika is advising you under the terms of 501 (C) (3), we are filing the electronic form 990-EZ with Schedule A and Schedule 0 as requested by the IRS in the letter dated Aug 12, 2022. Navika Inc. does not have any accountant on staff, its run by volunteers and we were not aware of the Taxpayer First Act requirements. In April 2022 we downloaded the Form 990 and schedules from the IRS website and we were able to fill up the forms and mail it before the deadline. Thanks for letting us know that we need to file electronically as of July 1, 2020 and not on paper. Going forward we will hand this over to an Accounting firm to file appropriate electronic paperwork on behalf of Navika. If there any questions, do not hesitate to contact me at area code 443.745.3172 Sincerely, Nagaraj Reddi Treasurer: Nagaraj reddi Email: [email protected] http://www.navika.org
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
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ReturnHeader/BusinessOfficerGrp/SignatureDt02022-08-31
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ReturnHeader/Filer/BusinessNameControlTxt0NAVI
ReturnHeader/Filer/EIN0270838702
ReturnHeader/Filer/PhoneNum02403932945
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ReturnHeader/Filer/USAddress/CityNm0Potomac
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ReturnHeader/Filer/USAddress/ZIPCd020854
ReturnHeader/ReturnTs02022-09-01T00:44:54Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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