Civic Intelligence

Values Essential Foundation Inc.

990 • Fiscal year 2016 • EIN 47-5571519

Jan 01, 2016 to Dec 31, 2016 • Filed on May 15, 2017

Organization ProfileN/A
2505 Forest Haven BlvdEdison, NJ 08817

(415) 696-1291

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

$61,849

No earlier filing loaded for comparison.

Net Assets

$61,849

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

$62,070

No earlier filing loaded for comparison.

Expenses

$8,119

No earlier filing loaded for comparison.

Net Income

$53,951

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2016: $61,849Liabilities 2016: $0Net Assets 2016: $61,8492016Assets 2016: $89,190Liabilities 2016: $0Net Assets 2016: $89,1902016Assets 2017: $136,331Liabilities 2017: $0Net Assets 2017: $136,3312017Assets 2018: $173,466Liabilities 2018: $0Net Assets 2018: $173,4662018Assets 2019: $140,810Liabilities 2019: $0Net Assets 2019: $140,8102019Assets 2020: $148,453Liabilities 2020: $6,862Net Assets 2020: $141,5912020Assets 2021: $129,252Liabilities 2021: $8,790Net Assets 2021: $120,4622021Assets 2022: $127,245Liabilities 2022: $5,907Net Assets 2022: $121,3382022Assets 2023: $97,993Liabilities 2023: $0Net Assets 2023: $97,9932023Assets 2024: $88,870Liabilities 2024: $29,950Net Assets 2024: $58,9202024

Highlighted filing

2016

Assets$61,849
Liabilities$0
Net Assets$61,849
Open 2016 Filing

Operations Trend

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

$100K$50K$0-$50KRevenue 2016: $62,070Expenses 2016: $8,119Net Income 2016: $53,9512016Revenue 2016: $92,430Expenses 2016: $3,240Net Income 2016: $89,1902016Revenue 2017: $64,802Expenses 2017: $17,661Net Income 2017: $47,1412017Revenue 2018: $62,601Expenses 2018: $25,466Net Income 2018: $37,1352018Revenue 2019: $9,169Expenses 2019: $30,823Net Income 2019: -$21,6542019Revenue 2020: $39,701Expenses 2020: $38,920Net Income 2020: $7812020Revenue 2021: $49,205Expenses 2021: $70,334Net Income 2021: -$21,1292021Revenue 2022: $92,601Expenses 2022: $91,725Net Income 2022: $8762022Revenue 2023: $23,190Expenses 2023: $46,535Net Income 2023: -$23,3452023Revenue 2024: $2,500Expenses 2024: $41,573Net Income 2024: -$39,0732024

Highlighted filing

2016

Revenue$62,070
Expenses$8,119
Net Income$53,951
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 15, 2017
Return Version
2016v3.0
Gross Receipts
$62,070
Mission and Program Overview

Mission

To provide values driven education to the people beyond color, faith and race. To nourish child education with healthy food. Help students develop positive attitude in life, mental equilibrium, better focus through meditation techniques and a natural living life balance activities for youth, adults and children of all ages.

Free food distribution to community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net-$31,490-
Cash and Non-Interest-Bearing Accounts-$30,359-
Total Assets$0$61,849▲ $61,849
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets-$61,849-
Total Net Assets Fund Balance$0$61,849▲ $61,849
Total Liabilities and Net Assets / Fund Balance$0$61,849▲ $61,849

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$31,490$5,283-
Compensation and Service Providers

Board Members and Trustees

NameTitle
ChanchalapatiDasa
BharathKanipakam
KetanPandit
Revenue and Support

Revenue Composition

Contributions and Grants
$62,070
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$62,070
Change in Net Assets
$53,951
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,119
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
Depreciation Depletion$5,253$0$0$5,253
Fees for Services Other$2,623$0$0$2,623
Office Expenses$243$0$0$243
Total Functional Expenses$8,119$0$0$8,119
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 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
Values Essential Foundation Inc
EIN
47-5571519
Phone
4156961291
Address
2505 FOREST HAVEN BLVD, EDISON, NJ 08817

Signing Officer

Name
Bharath Kanipakam
Title
Trustee
Phone
4156961291
Signed
2017-05-15

Organization Details

Principal Officer
Bharath Kanipakam
Formed
2015
Legal Domicile
Nj
Voting Board Members
1
Independent Board Members
1
Employees
0
Volunteers
1

Preparer

Firm
Sampath & Ramesh LLC
Address
14 Grace Rd, East Brunswick, NJ 08816
Preparer
Sampath Kandala
Supplemental Narrative

Additional Explanations

Pt VI, Line 8A

“N/A”

Pt VI, Line 8B

“N/A”

Pt VI, Line 11B

“N/A”

Raw XML Appendix245 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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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$61,849
Liabilities
$0
Net assets
$61,849
Revenue
$62,070
Expenses
$8,119
Net income
$53,951
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.89$0.30$0.59$0.03$0.42$0.39
2023Detailed filing. Detailed filing data is available for this year.$0.98$0.00$0.98$0.23$0.47$0.23
2022Detailed filing. Detailed filing data is available for this year.$1.27$0.06$1.21$0.93$0.92$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.29$0.09$1.20$0.49$0.70$0.21
2020Detailed filing. Detailed filing data is available for this year.$1.48$0.07$1.42$0.40$0.39$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.41$0.00$1.41$0.09$0.31$0.22
2018Detailed filing. Detailed filing data is available for this year.$1.73$0.00$1.73$0.63$0.25$0.37
2017Detailed filing. Detailed filing data is available for this year.$1.36$0.00$1.36$0.65$0.18$0.47
2016Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.89$0.92$0.03$0.89
2016Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$0.62$0.08$0.54