Civic Intelligence

Iskcon of Charlotte Inc.

EIN 81-4990450 • 501(c)3 • Waxhaw, NC

RevokedPub. 78 EligibleNTEE X70

Profile

This movement dedicated to spiritual, physical, & mental well-being through the teachings of the Bhagavad Gita & Vedic scriptures. Free Food Relief - Supporting Hare Krishna Food for Life - Providing free vegetarian food locally. Free Yoga & Meditation - Experience yoga, meditation, and wellness programs designed to relieve stress & promote inner peace. Sustainable & Cruelty-Free Living - Encouraging vegetarianism, compassion, & eco-friendly lifestyles for a balanced & harmonious life. Spiritual & Community Unity - Hosting kirtans (spiritual singing), meditation, & scriptural study to foster universal brotherhood. Serving the Community - Engaging in food distribution, educational programs, and interfaith collaborations to uplift society. Book Distribution - Sharing the wisdom of Vedic scriptures e.g. Bhagavad Gita, Srimad Bhagavatam & Vedas. Cultivating ethical values, self-discipline. Helping children to build morale & character.

Revocation date: May 15, 2020

312 Appomatox DriveWaxhaw, NC 28173

www.iskconofcharlotte.net

Siviq Scores

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

Liabilities / Assets

70th percentile

0.15x

Higher debt load relative to assets than 70% of similar nonprofits.

NTEE X • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

79th percentile

0.28x

Higher debt load relative to revenue than 79% of similar nonprofits.

NTEE X • $500k-$1M nonprofits • Source year 2024

Net Margin

94th percentile

88%

Higher net margin than 94% of similar nonprofits.

NTEE X • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

62nd percentile

$0

Higher top officer pay than 62% of similar nonprofits.

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

NTEE X • $500k-$1M nonprofits • Source year 2024

Asset Growth

94th percentile

322%

Faster asset growth than 94% of similar nonprofits.

NTEE X • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

95th percentile

178%

Faster revenue growth than 95% of similar nonprofits.

NTEE X • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$678,682

Up $517,855 (+322%) from 2023

Liabilities

Up

$100,149

Up $100,149 from 2023

Net Assets

Up

$578,533

Up $417,706 (+260%) from 2023

Revenue

Up

$360,487

Up $231,010 (+178%) from 2023

Expenses

Up

$43,130

Up $39,872 (+1224%) from 2023

Net Income

Up

$317,357

Up $191,138 (+151%) from 2023

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2017: $14,124Liabilities 2017: $02017Assets 2018: $15,136Liabilities 2018: $02018Assets 2019: $17,915Liabilities 2019: $02019Assets 2020: $22,999Liabilities 2020: $02020Assets 2023: $160,827Liabilities 2023: $0Net Assets 2023: $160,8272023Assets 2024: $678,682Liabilities 2024: $100,149Net Assets 2024: $578,5332024

Highlighted filing

2024

Assets$678,682
Liabilities$100,149
Net Assets$578,533

Operations Trend

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

$400K$300K$200K$100K$0Revenue 2017: $71,098Expenses 2017: $56,973Net Income 2017: $14,1252017Revenue 2018: $21,794Expenses 2018: $20,782Net Income 2018: $1,0122018Revenue 2019: $8,161Expenses 2019: $5,382Net Income 2019: $2,7792019Revenue 2020: $11,906Expenses 2020: $6,822Net Income 2020: $5,0842020Revenue 2023: $129,477Expenses 2023: $3,258Net Income 2023: $126,2192023Revenue 2024: $360,487Expenses 2024: $43,130Net Income 2024: $317,3572024

Highlighted filing

2024

Revenue$360,487
Expenses$43,130
Net Income$317,357

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 30, 2025
Return Version
2024v5.0
Gross Receipts
$360,487
Mission and Program Overview

Mission

This movement dedicated to spiritual, physical, & mental well-being through the teachings of the Bhagavad Gita & Vedic scriptures. Free Food Relief - Supporting Hare Krishna Food for Life - Providing free vegetarian food locally. Free Yoga & Meditation - Experience yoga, meditation, and wellness programs designed to relieve stress & promote inner peace. Sustainable & Cruelty-Free Living - Encouraging vegetarianism, compassion, & eco-friendly lifestyles for a balanced & harmonious life. Spiritual & Community Unity - Hosting kirtans (spiritual singing), meditation, & scriptural study to foster universal brotherhood. Serving the Community - Engaging in food distribution, educational programs, and interfaith collaborations to uplift society. Book Distribution - Sharing the wisdom of Vedic scriptures e.g. Bhagavad Gita, Srimad Bhagavatam & Vedas. Cultivating ethical values, self-discipline. Helping children to build morale & character.

At ISKCON OF CHARLOTTE, we cultivate stress-free lifestyle by practicing Yoga, Meditation, youth coaching & character building. In addition, we provide free food distribution at various locations and homeless shelters. ISKCON OF CHARLOTTE promotes the non-sectarian principles of mercy, truthfulness, compassion, and austerity (self-discipline) and seeks to aid in awakening love of God among all people. ISKCON teaches that chanting the names of God, as they are understood in the world's great religious traditions, will promote peace, cooperation, and spiritual happiness throughout the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$25,000$568,770▲ $543,770
Receivables From Officers Etc-$98,760-
Loans From Officers Directors-$98,760-
Cash and Non-Interest-Bearing Accounts$136,027$9,763▼ $126,264
Prepaid Expenses and Deferred Charges-$1,389-
Total Assets$161,027$678,682▲ $517,655
Liabilities
Accounts Payable and Accrued Expenses-$1,389-
Total Liabilities$0$100,149▲ $100,149
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$161,027$578,533▲ $417,506
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$161,027$578,533▲ $417,506
Total Liabilities and Net Assets / Fund Balance$161,027$678,682▲ $517,655
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sathiskumar VenkataramaniPresident & Board Member
Srinivasa BatchuBoard Member
Sudhakar GhandikotaBoard Member
Suresh MurakiBoard Member
Varsha DongareBook Keeper & Board Member
Revenue and Support

Revenue Composition

Contributions and Grants
$303,762
Program Service Revenue
$42,310
Investment Income
$14,415
Other Revenue
$0
All Other Contributions
$303,762
Change in Net Assets
$317,357
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$43,130
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
All Other Expenses$34,631--$34,631
Occupancy$2,325--$2,325
Interest$1,794--$1,794
Advertising$1,706--$1,706
Fees for Services Other$1,113--$1,113
Travel$722--$722
Information Technology$395--$395
Fees for Services Accounting$275--$275
Office Expenses$169--$169
Total Functional Expenses$43,130$0$0$43,130
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$98,760-
Receivables from Officers, Directors, Trustees, and Key Employees-$98,760-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Complete copy of form 990 and associated schedules will be emailed to all the board members who have voting rights. In addition, it will be published in the WhatsApp group created for conducting day to day business and communicating with each other. Feedback received if any will be reviewed again in the same way.

Form 990, Part VI, Section C, Line 18

These tax returns are provided to any interested party upon written request sent to our official address. In addition, these tax forms are allowed to be publish on third party organization's website such as GuideStar (www.guidestar.org)

Form 990, Part VI, Section C, Line 19

These policies are not prepared and hence not published

Filing and Contact Details

Filer

Filer Name
Iskcon of Charlotte Inc
EIN
81-4990450
Phone
8035541234
Address
312 Appomatox Drive, Waxhaw, NC 28173

Signing Officer

Name
Sathiskumar Venkataramani
Title
President
Phone
7049411641
Signed
2025-03-30

Organization Details

Principal Officer
Sathiskumar Venkataramani
Formed
2017
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
0
Employees
0
Volunteers
50
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Engineering services and survey of the land which we are under contract to purchase

Form 990, Part IX, Line 24E

Program Services expenses like Purchasing of spiritual Books, Vegetarian food related grocery, Donation processing fees for Credit card, Zelle, ACH, Square, PayPal processing fees, Job supplies used for fundraising, Meal or grocery expenses and loan application fee

Form 990, Part XI, Line 9

loan amount 98760 and Credit card liability 1389

Raw XML AppendixShowing 400 of 406 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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IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt014415
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt014415
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt014415
IRS990ScheduleA/InvestmentIncomeCYPct00.03019
IRS990ScheduleA/InvestmentIncomePYPct00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96981
IRS990ScheduleA/PublicSupportPY509Pct00.5
IRS990ScheduleA/PublicSupportTotal509Amt0463003
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0346072
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0116931
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Total509Grp/TotalAmt0463003
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0360487
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0116931
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0477418
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt098760
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0To Purchase real estate land for building a permanent office and place of worship
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0100000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0SUDHAKAR GHANDIKOTA
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Board Member
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt098760
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Complete copy of form 990 and associated schedules will be emailed to all the board members who have voting rights. In addition, it will be published in the WhatsApp group created for conducting day to day business and communicating with each other. Feedback received if any will be reviewed again in the same way.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1These tax returns are provided to any interested party upon written request sent to our official address. In addition, these tax forms are allowed to be publish on third party organization's website such as GuideStar (www.guidestar.org)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2These policies are not prepared and hence not published
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Engineering services and survey of the land which we are under contract to purchase
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Program Services expenses like Purchasing of spiritual Books, Vegetarian food related grocery, Donation processing fees for Credit card, Zelle, ACH, Square, PayPal processing fees, Job supplies used for fundraising, Meal or grocery expenses and loan application fee
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5loan amount 98760 and Credit card liability 1389
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0161027
IRS990/TotalAssetsEOYAmt0678682
IRS990/TotalAssetsGrp/BOYAmt0161027
IRS990/TotalAssetsGrp/EOYAmt0678682
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0303762
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt043130
IRS990/TotalFunctionalExpensesGrp/TotalAmt043130
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt0100149
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0100149
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0161027
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0578533
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt013399
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt0303762
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt043130
IRS990/TotalProgramServiceRevenueAmt042310
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt056725
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0360487
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0161027
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0678682
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0722
IRS990/TravelGrp/TotalAmt0722
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0312 Appomatox Drive
IRS990/USAddress/CityNm0Waxhaw
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028173
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0https://www.iskconofcharlotte.net/
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Sathiskumar Venkataramani
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum07049411641
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ISKCON OF CHARLOTTE INC
ReturnHeader/Filer/BusinessNameControlTxt0ISKC
ReturnHeader/Filer/EIN0814990450
ReturnHeader/Filer/PhoneNum08035541234
ReturnHeader/Filer/USAddress/AddressLine1Txt0312 Appomatox Drive
ReturnHeader/Filer/USAddress/CityNm0Waxhaw
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028173

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