Civic Intelligence

Sankara Nethralaya Om Trust Inc

EIN 52-1611548 • 501(c)3 • Rockville, MD

Profile

To raise funds in usa from the general public and transfer to medical research foundation in chennai, india for providing free eyecare including cataract and major surgeries to indigent patients.

9710 Traville Gateway Dr No 392Rockville, MD 20850

www.sankaranethralayausa.org

Siviq Scores

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

Liabilities / Assets

34th percentile

0.01x

Higher debt load relative to assets than 34% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

26th percentile

0.00x

Higher debt load relative to revenue than 26% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

67th percentile

14%

Higher net margin than 67% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

91st percentile

59%

Faster asset growth than 91% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

58th percentile

12%

Faster revenue growth than 58% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$560,949

Up $209,227 (+59%) from 2023

Liabilities

Down

$7,620

Down $10,909 (-59%) from 2023

Net Assets

Up

$553,329

Up $220,136 (+66%) from 2023

Revenue

Up

$1,536,304

Up $162,455 (+12%) from 2023

Expenses

Down

$1,316,168

Down $119,610 (-8.3%) from 2023

Net Income

Up

$220,136

Up $282,065 (+455%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $91,671Liabilities 2011: $141Net Assets 2011: $91,5302011Assets 2012: $117,767Liabilities 2012: $101Net Assets 2012: $117,6662012Assets 2013: $123,138Liabilities 2013: $0Net Assets 2013: $123,1382013Assets 2014: $126,049Liabilities 2014: $0Net Assets 2014: $126,0492014Assets 2015: $116,168Liabilities 2015: $0Net Assets 2015: $116,1682015Assets 2016: $187,233Liabilities 2016: $26,870Net Assets 2016: $160,3632016Assets 2017: $264,539Liabilities 2017: $0Net Assets 2017: $264,5392017Assets 2018: $205,015Liabilities 2018: $1,889Net Assets 2018: $203,1262018Assets 2019: $166,346Liabilities 2019: $3,452Net Assets 2019: $162,8942019Assets 2020: $247,025Liabilities 2020: $1,113Net Assets 2020: $245,9122020Assets 2021: $355,371Liabilities 2021: $2,959Net Assets 2021: $352,4122021Assets 2022: $398,636Liabilities 2022: $3,514Net Assets 2022: $395,1222022Assets 2023: $351,722Liabilities 2023: $18,529Net Assets 2023: $333,1932023Assets 2024: $560,949Liabilities 2024: $7,620Net Assets 2024: $553,3292024

Highlighted filing

2024

Assets$560,949
Liabilities$7,620
Net Assets$553,329

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $490,275Expenses 2011: $455,819Net Income 2011: $34,4562011Revenue 2012: $480,438Expenses 2012: $454,063Net Income 2012: $26,3752012Revenue 2013: $561,857Expenses 2013: $556,385Net Income 2013: $5,4722013Revenue 2014: $669,366Expenses 2014: $666,455Net Income 2014: $2,9112014Revenue 2015: $804,343Expenses 2015: $814,224Net Income 2015: -$9,8812015Revenue 2016: $1,352,403Expenses 2016: $1,308,208Net Income 2016: $44,1952016Revenue 2017: $1,017,158Expenses 2017: $912,982Net Income 2017: $104,1762017Revenue 2018: $1,036,883Expenses 2018: $1,098,296Net Income 2018: -$61,4132018Revenue 2019: $1,027,092Expenses 2019: $1,067,324Net Income 2019: -$40,2322019Revenue 2020: $803,310Expenses 2020: $720,293Net Income 2020: $83,0172020Revenue 2021: $1,341,375Expenses 2021: $1,234,875Net Income 2021: $106,5002021Revenue 2022: $1,174,256Expenses 2022: $1,131,546Net Income 2022: $42,7102022Revenue 2023: $1,373,849Expenses 2023: $1,435,778Net Income 2023: -$61,9292023Revenue 2024: $1,536,304Expenses 2024: $1,316,168Net Income 2024: $220,1362024

Highlighted filing

2024

Revenue$1,536,304
Expenses$1,316,168
Net Income$220,136

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.01$0.55$1.54$1.32$0.22
2023Summary only. Only limited summary data is available for this year.$0.35$0.02$0.33$1.37$1.44$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.00$0.40$1.17$1.13$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.36$0.00$0.35$1.34$1.23$0.11
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.00$0.25$0.80$0.72$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.17$0.00$0.16$1.03$1.07$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.21$0.00$0.20$1.04$1.10$0.06
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.00$0.26$1.02$0.91$0.10
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.19$0.03$0.16$1.35$1.31$0.04
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.00$0.12$0.80$0.81$0.01
2014Summary only. Only limited summary data is available for this year.$0.13$0.00$0.13$0.67$0.67$0.00
2013Summary only. Only limited summary data is available for this year.$0.12$0.00$0.12$0.56$0.56$0.01
2012Summary only. Only limited summary data is available for this year.$0.12$0.00$0.12$0.48$0.45$0.03
2011Summary only. Only limited summary data is available for this year.$0.09$0.00$0.09$0.49$0.46$0.03
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$1,174,256
Mission and Program Overview

Mission

To raise funds in usa from the general public and transfer to medical research foundation in chennai, india for providing free eyecare including cataract and major surgeries to indigent patients.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$227,060$191,761▼ $35,299
Cash and Non-Interest-Bearing Accounts$85,734$173,774▲ $88,040
Investments in Publicly Traded Securities$32,269$28,193▼ $4,076
Prepaid Expenses and Deferred Charges$10,308$4,908▼ $5,400
Total Assets$355,371$398,636▲ $43,265
Liabilities
Accounts Payable and Accrued Expenses$2,959$3,514▲ $555
Total Liabilities$2,959$3,514▲ $555
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$352,412$395,122▲ $42,710
Total Net Assets Fund Balance$352,412$395,122▲ $42,710
Total Liabilities and Net Assets / Fund Balance$355,371$398,636▲ $43,265
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$1,182,858
Program Service Revenue
$0
Investment Income
$-8,602
Other Revenue
$0
All Other Contributions
$1,127,147
Change in Net Assets
$42,710
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,050,000
Professional Fundraising Fees$44,320
Total Fundraising Expense$44,320
Other Expenses$37,226
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$1,050,000--$1,050,000
Fees for Services Professional Fundraising--$44,320$44,320
Advertising-$16,680-$16,680
Fees for Services Accounting-$5,715-$5,715
Travel-$1,731-$1,731
Insurance-$815-$815
Other Expenses-$248-$248
All Other Expenses-$150-$150
Total Functional Expenses$1,050,000$37,226$44,320$1,131,546
International Activity

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$44,320

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Metro Dc-bal$16,283$16,283-$16,283
Jay Concert$6,178$6,178-$6,178
Total Events$55,712$55,712$44,451$11,261
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Form 990 and attachments are compiled by premier group services, inc., a certified public accounting firm. Upon completing the form 990 a thorough review is performed to ensure compliance with our accounting records and audited financials.

Governing documents etc available to public Part VI line 19

Furnished upon request.

Filing and Contact Details

Filer

Filer Name
Sankara Nethralaya Om Trust Inc
EIN
52-1611548
Address
9710 TRAVILLE GATEWAY DR NO 392, Rockville, MD 20850

Signing Officer

Name
Banumati Ramkrishnan
Title
Treasurer
Phone
3016134721
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bala Indurti
Formed
1988
Legal Domicile
Md
Voting Board Members
34
Independent Board Members
34
Employees
0
Volunteers
150

Preparer

Firm
Premier Group Services INc
Address
7404 Executive Pl Ste 325, Lanham, MD 20706
Preparer
Joye Smith
Phone
3015776444
Raw XML AppendixShowing 400 of 608 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/ActivityOrMissionDesc0TO RAISE FUNDS IN USA FROM THE GENERAL PUBLIC AND TRANSFER TO MEDICAL RESEARCH FOUNDATION IN CHENNAI, INDIA FOR PROVIDING FREE EYECARE INCLUDING CATARACT AND MAJOR SURGERIES TO INDIGENT PATIENTS.
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IRS990/CreditCounselingInd0false
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IRS990/Desc0Performed 7,439 cataract surgeries @ $65 per surgery, performed 1,732 major surgeries(glaucoma,retinal detachment etc.)@ $250 per surgery and performed 7 school screenings @ $300 each, Performed 22 Teleophthalmology camps @ $290 each, Performed 10 MESU Camp @ $12,500 each by Sankara Nethralaya in Tamil Nadu, Andhra Pradesh and West Bengal States in India.
IRS990/DescribedInSection501c3Ind0true
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