Civic Intelligence

The Indian Association of Amarillo

EIN 75-1673868 • 501(c)3 • Amarillo, TX

Profile

To primarily organize and operate religious activities, a place of worship for all people of indian origin in texas panhandle and beyond. Also a venue for social and cultural activities for varied hindu traditions. To organize and operate for some charitable purposes. Iaa helps needy individuals in time of global crisis such as hurricanes and flood disaster events. Also provides educational scholarships once a year to qualifying high school and college graduates.

4501 Chesapeake PlaceAmarillo, TX 79119

amarilloia.org

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

74th percentile

19%

Higher net margin than 74% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

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 2017

Asset Growth

65th percentile

7.6%

Faster asset growth than 65% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

34th percentile

-19%

Faster revenue growth than 34% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$275,124

Up $19,460 (+7.6%) from 2016

Liabilities

Flat

$0

Flat from 2016

Net Assets

$275,124

No earlier filing loaded for comparison.

Revenue

Down

$31,161

Down $7,370 (-19%) from 2016

Expenses

Down

$25,142

Down $6,873 (-21%) from 2016

Net Income

Down

$6,019

Down $497 (-7.6%) from 2016

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $228,190Liabilities 2011: $02011Assets 2012: $237,204Liabilities 2012: $02012Assets 2013: $241,024Liabilities 2013: $02013Assets 2014: $249,148Liabilities 2014: $02014Assets 2016: $255,664Liabilities 2016: $02016Assets 2017: $275,124Liabilities 2017: $0Net Assets 2017: $275,1242017

Highlighted filing

2017

Assets$275,124
Liabilities$0
Net Assets$275,124

Operations Trend

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

$40K$30K$20K$10K$0Revenue 2011: $25,056Expenses 2011: $16,087Net Income 2011: $8,9692011Revenue 2012: $34,320Expenses 2012: $25,306Net Income 2012: $9,0142012Revenue 2013: $27,642Expenses 2013: $23,822Net Income 2013: $3,8202013Revenue 2014: $35,252Expenses 2014: $27,127Net Income 2014: $8,1252014Revenue 2016: $38,531Expenses 2016: $32,015Net Income 2016: $6,5162016Revenue 2017: $31,161Expenses 2017: $25,142Net Income 2017: $6,0192017

Highlighted filing

2017

Revenue$31,161
Expenses$25,142
Net Income$6,019

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.3
Gross Receipts
$112,230
Mission and Program Overview

Mission

To primarily organize and operate religious activities, a place of worship for all people of indian origin in texas panhandle and beyond. Also a venue for social and cultural activities for varied hindu traditions. To organize and operate for some charitable purposes. Iaa helps needy individuals in time of global crisis such as hurricanes and flood disaster events. Also provides educational scholarships once a year to qualifying high school and college graduates.

Program Services

DescriptionGrantsExpenses
THE INDIAN ASSOCIATION OF AMARILLO'S PRIMARY PURPOSE IS TO ORGANIZE AND OPERATE RELIGIOUS ACTIVITIES, A PLACE OF WORSHIP FOR ALL PEOPLE OF INDIAN ORIGIN IN THE TEXAS PANHANDLE AND BEYOND. PROVIDE A VENUE FOR SOCIAL AND CULTURAL ACTIVITIES FOR VARIED HINDU TRADITIONS.-$19,468
TO PROVIDE SCHOLARSHIPS FOR AREA HIGH SCHOOL SENIORS.$4,000$4,000
TO HELP NEEDY INDIVIDUALS IN TIME OF GLOBAL CRISIS SUCH AS HURRICANES AND FLOOD DISASTERS.$1,066$1,066
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DIPAK PATELPresident-$0--
ARVIN PATELVice Preside-$0--
APURVASecretary-$0--
BHARTI P PATELJoint Secret-$0--
ANU RAGHURAMTreasurer-$0--
NIRAV DOSHIDirector-$0--
RAMESH PATELDirector-$0--
ALPESH PATELDirector-$0--
JITIN BHAKTADirector-$0--
MAHESKBHAI BHAKTADirector-$0--
CHIRAG PATELDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Indian Association of Amarillo
EIN
75-1673868
Phone
8064334338
Address
4501 CHESAPEAKE PLACE, AMARILLO, TX 79119

Signing Officer

Name
Anu Raghuram
Title
Treasurer
Signed
2018-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Lovelady Christy Associates Pllc
Address
801 S FILLMORE ST STE 420, AMARILLO, TX 79101
Preparer
Samuel B Lovelady CPA
Phone
8063734884
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses 724 supplies 15 postage 780 cultural events 13,339 texas comptroller 313 non-investment depreciation 2,546 total 17,717

Form 990-ez, Part II, Line 24

Media lights 3,490 3,490 less accumulated depreciation 2,877 3,052 glass window 799 799 less accumulated depreciation 690 721 renco sign 1,811 1,811 less accumulated depreciation 1,365 1,493 parking lot 2,496 2,496 less accumulated depreciation 2,496 2,496 carpet 3,292 3,292 less accumulated depreciation 2,925 3,072 building 65,061 65,061 less accumulated depreciation 61,963 64,028 total 4,633 2,087

Form 990-ez, Part III

To primarily organize and operate religious activities, a place of worship for all people of indian origin in texas panhandle and beyond. Also a venue for social and cultural activities for varied hindu traditions. To organize and operate for some charitable purposes. Iaa helps needy individuals in time of global crisis such as hurricanes and flood disaster events. Also provides educational scholarships once a year to qualifying high school and college graduates.

Form 990-ez, Part III, Line 28

The indian association of amarillo's primary purpose is to organize and operate religious activities, a place of worship for all people of indian origin in the texas panhandle and beyond. Provide a venue for social and cultural activities for varied hindu traditions.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES 724 SUPPLIES 15 POSTAGE 780 CULTURAL EVENTS 13,339 TEXAS COMPTROLLER 313 NON-INVESTMENT DEPRECIATION 2,546 TOTAL 17,717
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEDIA LIGHTS 3,490 3,490 LESS ACCUMULATED DEPRECIATION 2,877 3,052 GLASS WINDOW 799 799 LESS ACCUMULATED DEPRECIATION 690 721 RENCO SIGN 1,811 1,811 LESS ACCUMULATED DEPRECIATION 1,365 1,493 PARKING LOT 2,496 2,496 LESS ACCUMULATED DEPRECIATION 2,496 2,496 CARPET 3,292 3,292 LESS ACCUMULATED DEPRECIATION 2,925 3,072 BUILDING 65,061 65,061 LESS ACCUMULATED DEPRECIATION 61,963 64,028 TOTAL 4,633 2,087
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO PRIMARILY ORGANIZE AND OPERATE RELIGIOUS ACTIVITIES, A PLACE OF WORSHIP FOR ALL PEOPLE OF INDIAN ORIGIN IN TEXAS PANHANDLE AND BEYOND. ALSO A VENUE FOR SOCIAL AND CULTURAL ACTIVITIES FOR VARIED HINDU TRADITIONS. TO ORGANIZE AND OPERATE FOR SOME CHARITABLE PURPOSES. IAA HELPS NEEDY INDIVIDUALS IN TIME OF GLOBAL CRISIS SUCH AS HURRICANES AND FLOOD DISASTER EVENTS. ALSO PROVIDES EDUCATIONAL SCHOLARSHIPS ONCE A YEAR TO QUALIFYING HIGH SCHOOL AND COLLEGE GRADUATES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE INDIAN ASSOCIATION OF AMARILLO'S PRIMARY PURPOSE IS TO ORGANIZE AND OPERATE RELIGIOUS ACTIVITIES, A PLACE OF WORSHIP FOR ALL PEOPLE OF INDIAN ORIGIN IN THE TEXAS PANHANDLE AND BEYOND. PROVIDE A VENUE FOR SOCIAL AND CULTURAL ACTIVITIES FOR VARIED HINDU TRADITIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
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