Civic Intelligence

North American Telugu Association Inc

EIN 27-1119753 • 501(c)3 • Princeton, NJ

Profile

The organization provides disaster support,charitable,religious and educational support to people of telugu origin in north america

5 Independence WayPrinceton, NJ 08540

n/A

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

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

NTEE P20 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

31st percentile

0.00x

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

NTEE P20 • $1M-$5M nonprofits • Source year 2022

Net Margin

69th percentile

23%

Higher net margin than 69% of similar nonprofits.

NTEE P20 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

NTEE P20 • $1M-$5M nonprofits • Source year 2022

Asset Growth

73rd percentile

39%

Faster asset growth than 73% of similar nonprofits.

NTEE P20 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

42nd percentile

7.2%

Faster revenue growth than 42% of similar nonprofits.

NTEE P20 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets31st percentile

Assets

Up

$2,848,416

Up $796,751 (+39%) from 2021

Liabilities

Flat

$0

Flat from 2021

Net Assets

Up

$2,848,416

Up $796,751 (+39%) from 2021

Operations
Liabilities / Revenue31st percentileNet Margin69th percentile

Revenue

Up

$3,211,783

Up $215,994 (+7.2%) from 2021

Expenses

Up

$2,470,923

Up $234,507 (+10%) from 2021

Net Income

Down

$740,860

Down $18,513 (-2.4%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth73rd percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $666,678Liabilities 2011: $0Net Assets 2011: $666,6782011Assets 2012: $548,577Liabilities 2012: $0Net Assets 2012: $548,5772012Assets 2013: $698,829Liabilities 2013: $0Net Assets 2013: $698,8292013Assets 2014: $508,785Liabilities 2014: $353Net Assets 2014: $508,4322014Assets 2016: $1,351,441Liabilities 2016: $918,003Net Assets 2016: $433,4382016Assets 2017: $493,572Liabilities 2017: $353Net Assets 2017: $493,2192017Assets 2019: $577,079Liabilities 2019: $353Net Assets 2019: $576,7262019Assets 2020: $1,292,291Liabilities 2020: $0Net Assets 2020: $1,292,2912020Assets 2021: $2,051,665Liabilities 2021: $0Net Assets 2021: $2,051,6652021Assets 2022: $2,848,416Liabilities 2022: $0Net Assets 2022: $2,848,4162022

Highlighted filing

2022

Assets$2,848,416
Liabilities$0
Net Assets$2,848,416
Open 2022 Filing

Operations Trend

Revenue Growth42nd percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $370,4742011Expenses 2012: $1,726,7112012Revenue 2013: $533,735Expenses 2013: $383,483Net Income 2013: $150,2522013Revenue 2014: $2,534,615Expenses 2014: $2,725,011Net Income 2014: -$190,3962014Revenue 2016: $2,330,648Expenses 2016: $2,441,445Net Income 2016: -$110,7972016Revenue 2017: $493,126Expenses 2017: $433,345Net Income 2017: $59,7812017Revenue 2019: $1,340,194Expenses 2019: $827,817Net Income 2019: $512,3772019Revenue 2020: $2,207,903Expenses 2020: $1,492,340Net Income 2020: $715,5632020Revenue 2021: $2,995,789Expenses 2021: $2,236,416Net Income 2021: $759,3732021Revenue 2022: $3,211,783Expenses 2022: $2,470,923Net Income 2022: $740,8602022

Highlighted filing

2022

Revenue$3,211,783
Expenses$2,470,923
Net Income$740,860
Open 2022 Filing

Filings

Most recent year

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

Open filing
Assets
$2,848,416
Liabilities
$0
Net assets
$2,848,416
Revenue
$3,211,783
Expenses
$2,470,923
Net income
$740,860
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$2.85$0.00$2.85$3.21$2.47$0.74
2021Detailed filing. Detailed filing data is available for this year.$2.05$0.00$2.05$3.00$2.24$0.76
2020Detailed filing. Detailed filing data is available for this year.$1.29$0.00$1.29$2.21$1.49$0.72
2019Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$1.34$0.83$0.51
2017Detailed filing. Detailed filing data is available for this year.$0.49$0.00$0.49$0.49$0.43$0.06
2016Detailed filing. Detailed filing data is available for this year.$1.35$0.92$0.43$2.33$2.44$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$2.53$2.73$0.19
2013Detailed filing. Detailed filing data is available for this year.$0.70$0.00$0.70$0.53$0.38$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.00$0.55$1.73
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.00$0.67$0.37
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 24, 2023
Return Version
2022v5.0
Gross Receipts
$3,211,783
Mission and Program Overview

Mission

The organization provides disaster

The organization provides disaster support,charitable,religious and educational support to people of telugu origin in north america

Balance Sheet Detail
LineBeginningEndChange
Assets
Pd in Cap Srpls Land Bldg Eqp Fund$2,051,665$2,848,416▲ $796,751
Cash and Non-Interest-Bearing Accounts$2,051,112$2,747,863▲ $696,751
Investments in Publicly Traded Securities$553$553→ $0
Total Assets$2,051,665$2,848,416▲ $796,751
Other Assets Total-$100,000-
Liabilities
Other Liabilities-$0-
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,051,665$2,848,416▲ $796,751
Total Liabilities and Net Assets / Fund Balance$2,051,665$2,848,416▲ $796,751
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Drsridhar Reddy KorsapatiPresident
Harinadha Reddy VelkurPresident-elec
Alla Rami ReddyExecutive Vice President
Anji Reddy DondetiDirector
Anna ReddyDirector
Girish RamireddyDirector
Jaganmohana Reddy MunagalaDirector
Jayachandra ReddyDirector
Kiran GunnamDirector
Koti Reddy BurlaDirector
Lakshminarayana ReddyDirector
Madhu GonipatiDirector
Madhusudhan MotatiDirector
Mallikharjun BanthuDirector
Mohan KaladiDirector
Narayana Reddy KasireddyDirector
Pavan PamadurthiDirector
Pratap BhimireddyDirector
Radha Krishna KaluvaiDirector
Ram Bhupal Reddy PangaDirector
Ramana KristapatiDirector
Ramana PutlurDirector
Rami Reddy BuchipudiDirector
Ravi KandimallaDirector
Ravindra ArimandaDirector
Satish NaralaDirector
Satya PatilDirector
Shiva MekaDirector
Sreenivas VasireddyDirector
Srikanth PenumadaDirector
Srinivas EmaniDirector
Subba Reddy MekaDirector
Sudha Rani KondapuDirector
Udaya Kiran BasireddyDirector
Venkata Reddy LingareddygariDirector
Venkataramana Reddy MurrariDirector
Venkataramireddy SanivarapuDirector
Vijay PolamreddyDirector
Vishnu BattulaDirector
Sarath MandapatiJoint Secretary
Satish NaralaJoint Treasurer
Narayana Reddy GandraSecretary
Srinivasa Reddy SomavarpuTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$111,910
Program Service Revenue
$3,099,873
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$740,860
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,301,219
Grants and Similar Amounts Paid$169,704
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$2,212,591$17,626$0$2,230,217
Grants to Domestic Orgs$169,704--$169,704
Conferences and Meetings$68,546$0$0$68,546
Office Expenses$0$2,456$0$2,456
Total Functional Expenses$2,450,841$20,082$0$2,470,923
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan From Officers$0
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
North American Telugu Association Inc
EIN
27-1119753
Phone
9728975612
Address
5 INDEPENDENCE WAY, PRINCETON, NJ 08540

Signing Officer

Name
Sridhar Reddy Korsapati
Title
President
Phone
9728975612
Signed
2023-06-24

Organization Details

Principal Officer
Drsridhar Reddy Korsapati
Formed
2009
Legal Domicile
Nj
Voting Board Members
43
Independent Board Members
43
Employees
0
Volunteers
0

Preparer

Firm
Amtax Inc
Address
2100 US HIGHWAY 1, NORTH BRUNSWICK, NJ 08902
Preparer
Narendra C Lalwani CPA
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

“The organisation currently has about 14045 members”

Pt VI, Line 7A

“The members elect the directors of the organisation”

Pt VI, Line 19

“Available upon request to the public”

Pt V, Line 14B

“No payments received indoor tanning services”

Pt VI, Line 11B

“The governing body reviews returns”

Form 990, Part IX, Line 24E

“Nata events 880405. 880405. 0. 0.”

Form 990, Part IX, Line 24E

“Nata seva days 568697. 568697. 0. 0.”

Form 990, Part IX, Line 24E

“Nata membership drive expenses 23251. 23251. 0. 0.”

Form 990, Part IX, Line 24E

“Nata meeting expenses 11649. 11649. 0. 0.”

Form 990, Part IX, Line 24E

“Nata fund raising event 38240. 38240. 0. 0.”

Form 990, Part IX, Line 24E

“TRAVEL 4500. 4500. 0. 0.”

Form 990, Part IX, Line 24E

“Printing 1411. 0. 1411. 0.”

Form 990, Part IX, Line 24E

“Postage 1118. 0. 1118. 0.”

Form 990, Part IX, Line 24E

“Web services 8625. 0. 8625. 0.”

Form 990, Part IX, Line 24E

“Food and beverage 71189. 71189. 0. 0.”

Form 990, Part IX, Line 24E

“India charitable projects medical equipment 71751. 71751. 0. 0.”

Form 990, Part IX, Line 24E

“Nata seva days tribal people upliftment 135000. 135000. 0. 0.”

Form 990, Part IX, Line 24E

“Nata sevaday water projects 278425. 278425. 0. 0.”

Form 990, Part IX, Line 24E

“MEDIA 1727. 0. 1727. 0.”

Form 990, Part IX, Line 24E

“Nata community service expenses 23550. 23550. 0. 0.”

Form 990, Part IX, Line 24E

“Rent & utilities 1155. 0. 1155. 0.”

Form 990, Part IX, Line 24E

“Dues and subscription 3590. 0. 3590. 0.”

Form 990, Part IX, Line 24E

“Election expense 1000. 1000. 0. 0.”

Form 990, Part IX, Line 24E

“Entertaiment expenses 10750. 10750. 0. 0.”

Form 990, Part IX, Line 24E

“Bank service charges 9364. 9364. 0. 0.”

Form 990, Part IX, Line 24E

“Board meetings 84820. 84820. 0. 0.”

Raw XML AppendixShowing 400 of 632 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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