Civic Intelligence

Triangle Telangana Association

990 • Fiscal year 2020 • EIN 46-1517205

Jan 01, 2020 to Dec 31, 2020 • Filed on May 27, 2021

Organization ProfileTRIANGLETELANGANA.ORG
P O Box 1311Morrisville, NC 27560

(203) 550-6703

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.00x

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

2020 filings • NTEE T50 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

62nd percentile

0.00x

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

2020 filings • NTEE T50 • <$500k nonprofits • Source year 2020

Net Margin

42nd percentile

4.3%

Higher net margin than 42% of similar nonprofits.

2020 filings • NTEE T50 • <$500k nonprofits • Source year 2020

Top Officer Pay

91st percentile

$0

Higher top officer pay than 91% of similar nonprofits.

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

2020 filings • NTEE T50 • <$500k nonprofits • Source year 2020

Asset Growth

54th percentile

19%

Faster asset growth than 54% of similar nonprofits.

2020 filings • NTEE T50 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

23rd percentile

-67%

Faster revenue growth than 23% of similar nonprofits.

2020 filings • NTEE T50 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Up

$12,186

Up $1,906 (+19%) from 2019

Net Assets

Up

$12,186

Up $1,906 (+19%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin42nd percentile

Revenue

Down

$43,884

Down $89,926 (-67%) from 2019

Expenses

Down

$41,978

Down $92,644 (-69%) from 2019

Net Income

Up

$1,906

Up $2,718 (+335%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth54th percentile

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

$30K$20K$10K$0Assets 2017: $13,223Liabilities 2017: $0Net Assets 2017: $13,2232017Assets 2018: $11,094Liabilities 2018: $0Net Assets 2018: $11,0942018Assets 2019: $10,280Liabilities 2019: $0Net Assets 2019: $10,2802019Assets 2020: $12,186Liabilities 2020: $0Net Assets 2020: $12,1862020Assets 2021: $13,187Liabilities 2021: $0Net Assets 2021: $13,1872021Assets 2022: $9,927Liabilities 2022: $0Net Assets 2022: $9,9272022Assets 2023: $20,428Liabilities 2023: $0Net Assets 2023: $20,4282023Assets 2024: $3,729Liabilities 2024: $0Net Assets 2024: $3,7292024

Highlighted filing

2020

Assets$12,186
Liabilities$0
Net Assets$12,186
Open 2020 Filing

Operations Trend

Revenue Growth23rd percentile

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

$300K$200K$100K$0-$100KRevenue 2017: $65,482Expenses 2017: $58,364Net Income 2017: $7,1182017Revenue 2018: $78,659Expenses 2018: $80,788Net Income 2018: -$2,1292018Revenue 2019: $133,810Expenses 2019: $134,622Net Income 2019: -$8122019Revenue 2020: $43,884Expenses 2020: $41,978Net Income 2020: $1,9062020Revenue 2021: $85,054Expenses 2021: $84,052Net Income 2021: $1,0022021Revenue 2022: $138,454Expenses 2022: $141,714Net Income 2022: -$3,2602022Revenue 2023: $154,817Expenses 2023: $135,315Net Income 2023: $19,5022023Revenue 2024: $224,602Expenses 2024: $241,301Net Income 2024: -$16,6992024

Highlighted filing

2020

Revenue$43,884
Expenses$41,978
Net Income$1,906
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 27, 2021
Return Version
2020v4.1
Gross Receipts
$43,884
Mission and Program Overview

Mission

To get Telangana Community living in Triangle area together under single umbrella;

To get Telangana Community living in Triangle area together under single umbrella; To encourage Triangle area Telangana Kids talent in all sorts of sports; cultural events and other talent shows;to do local community services in Triangle area

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$10,280$12,186▲ $1,906
Rtn Earn Endowment Incm Other Fnds$10,280$12,186▲ $1,906
Total Assets$10,280$12,186▲ $1,906
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$10,280$12,186▲ $1,906
Total Liabilities and Net Assets / Fund Balance$10,280$12,186▲ $1,906
Compensation and Service Providers
Top Officer Pay91st percentile

Board Members and Trustees

NameTitle
Veerendar BokkaPresident
Smitha RagannagariVice President
Ravinder GunduCommunications Director
Smitha RagannagariCultural Director
Sai Krishna KalakondaEvent Director
Vishnu AljapurFacilities Director
Vinay DotiFood Director
Laxman KalvakuntlaMembership Director
Anvesh BollamYuvatha & Sportts Director
Shankar RepalaPublic Relations & Pradatha
Sampath BattuSecretary
Sai Mohan KondaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$25,943
Program Service Revenue
$17,941
Investment Income
$0
Other Revenue
$0
All Other Contributions
$22,250
Change in Net Assets
$1,906
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$41,978
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
Other Expenses$23,432$0$0$23,432
All Other Expenses$0$4,143$0$4,143
Total Functional Expenses$37,835$4,143$0$41,978
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
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Triangle Telangana Association
EIN
46-1517205
Phone
2035506703
Address
P O BOX 1311, Morrisville, NC 27560

Signing Officer

Name
Veerendar Bokka
Title
President
Phone
2035506703
Signed
2021-05-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Veerendar Bokka
Formed
2012
Legal Domicile
Nc
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
500

Preparer

Firm
Darji Iyer Joshi & Patel Llp
Address
6121 OAKBROOK PKWY, NORCROSS, GA 30093
Preparer
Deepak Parti
Phone
9192449413
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“Thr directors review and approve the form 990 in the meetings.”

Pt VI, Line 12C

“The directors annually sign a statement which affirms that they received, understand and agree to comply with conflicts of interest policy and also make disclosure of their interests.”

Pt VI, Line 15B

“Presently we do not have any officer or employee. However compensation & benefits to officers and key employees are reviewed for reasonableness against the services provided”

Pt VI, Line 15A

“Presently we do not have any ceo and do not pay any compensation to any directors”

Pt VI, Line 19

“The documents are open to public inspection at the office on recieving request for inspection.”

Raw XML Appendix351 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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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt8FOOD DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CULTURAL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10EVENT DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11PUBLIC RELATIONS & PRADATHA
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THR DIRECTORS REVIEW AND APPROVE THE FORM 990 IN THE MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DIRECTORS ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT THEY RECEIVED, UNDERSTAND AND AGREE TO COMPLY WITH CONFLICTS OF INTEREST POLICY AND ALSO MAKE DISCLOSURE OF THEIR INTERESTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRESENTLY WE DO NOT HAVE ANY OFFICER OR EMPLOYEE. HOWEVER COMPENSATION & BENEFITS TO OFFICERS AND KEY EMPLOYEES ARE REVIEWED FOR REASONABLENESS AGAINST THE SERVICES PROVIDED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PRESENTLY WE DO NOT HAVE ANY CEO AND DO NOT PAY ANY COMPENSATION TO ANY DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE DOCUMENTS ARE OPEN TO PUBLIC INSPECTION AT THE OFFICE ON RECIEVING REQUEST FOR INSPECTION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
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IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04143
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt037835
IRS990/TotalFunctionalExpensesGrp/TotalAmt041978
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt012186
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
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IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
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IRS990/TotalProgramServiceRevenueAmt017941
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt017941
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt043884
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0500
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt010280
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt012186
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0VEERENDAR BOKKA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02035506703
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRIANGLE TELANGANA ASSOCIATION
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ReturnHeader/Filer/PhoneNum02035506703
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
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ReturnHeader/PreparerPersonGrp/PhoneNum09192449413
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DEEPAK PARTI
ReturnHeader/ReturnTs02021-11-05T12:14:45-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0VEERENDAR
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ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,186
Liabilities
$0
Net assets
$12,186
Revenue
$43,884
Expenses
$41,978
Net income
$1,906
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.00$0.04$2.25$2.41$0.17
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.00$0.20$1.55$1.35$0.20
2022Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$1.38$1.42$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$0.85$0.84$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.44$0.42$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.10$0.00$0.10$1.34$1.35$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.79$0.81$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.13$0.00$0.13$0.65$0.58$0.07