Civic Intelligence

Vedic Preservation Initiative

EIN 82-4324524 • 501(c)3 • Ypsilanti, MI

Profile

Maintened a website to document and present our research, popular vedic popularvedicscience.com. Added 200 new articles and the website is now a top ranking site

106 N Adams StYpsilanti, MI 48197
Siviq Scores

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

Liabilities / Assets

91st percentile

0.80x

Higher debt load relative to assets than 91% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

96th percentile

2.85x

Higher debt load relative to revenue than 96% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

57th percentile

7.7%

Higher net margin than 57% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

86th percentile

41%

Faster asset growth than 86% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

4th percentile

-65%

Faster revenue growth than 4% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$530,295

Up $154,288 (+41%) from 2023

Liabilities

Up

$422,417

Up $142,869 (+51%) from 2023

Net Assets

Up

$107,878

Up $11,419 (+12%) from 2023

Operations
Liabilities / Revenue96th percentileNet Margin57th percentile

Revenue

Down

$147,960

Down $279,931 (-65%) from 2023

Expenses

Down

$136,541

Down $252,803 (-65%) from 2023

Net Income

Down

$11,419

Down $27,128 (-70%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth86th percentile

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

$600K$400K$200K$0Assets 2020: $277,000Liabilities 2020: $265,000Net Assets 2020: $12,0002020Assets 2021: $289,243Liabilities 2021: $265,000Net Assets 2021: $24,2432021Assets 2022: $341,072Liabilities 2022: $282,991Net Assets 2022: $58,0812022Assets 2023: $376,007Liabilities 2023: $279,548Net Assets 2023: $96,4592023Assets 2024: $530,295Liabilities 2024: $422,417Net Assets 2024: $107,8782024

Highlighted filing

2024

Assets$530,295
Liabilities$422,417
Net Assets$107,878
Open 2024 Filing

Operations Trend

Revenue Growth4th percentile

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

$600K$400K$200K$0Revenue 2020: $45,000Expenses 2020: $41,000Net Income 2020: $4,0002020Revenue 2021: $88,578Expenses 2021: $76,335Net Income 2021: $12,2432021Revenue 2022: $420,339Expenses 2022: $386,501Net Income 2022: $33,8382022Revenue 2023: $427,891Expenses 2023: $389,344Net Income 2023: $38,5472023Revenue 2024: $147,960Expenses 2024: $136,541Net Income 2024: $11,4192024

Highlighted filing

2024

Revenue$147,960
Expenses$136,541
Net Income$11,419
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$530,295
Liabilities
$422,417
Net assets
$107,878
Revenue
$147,960
Expenses
$136,541
Net income
$11,419
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.30$4.22$1.08$1.48$1.37$0.11
2023Detailed filing. Detailed filing data is available for this year.$3.76$2.80$0.96$4.28$3.89$0.39
2022Detailed filing. Detailed filing data is available for this year.$3.41$2.83$0.58$4.20$3.87$0.34
2021Detailed filing. Detailed filing data is available for this year.$2.89$2.65$0.24$0.89$0.76$0.12
2020Detailed filing. Detailed filing data is available for this year.$2.77$2.65$0.12$0.45$0.41$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
May 1, 2023 to Apr 30, 2024
Signed
May 15, 2024
Return Version
2023v6.0
Gross Receipts
$147,960
Mission and Program Overview

Mission

Maintened a website to document and present our research, popular vedic popularvedicscience.com. Added 200 new articles and the website is now a top ranking site

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$270,000$270,000→ $0
Investments in Publicly Traded Securities$81,971$208,024▲ $126,053
Rtn Earn Endowment Incm Other Fnds$96,459$107,878▲ $11,419
Cash and Non-Interest-Bearing Accounts$24,036$52,271▲ $28,235
Total Assets$376,007$530,295▲ $154,288
Liabilities
Other Liabilities$279,548$422,417▲ $142,869
Total Liabilities$279,548$422,417▲ $142,869
Net Assets / Fund Balance
Total Net Assets Fund Balance$96,459$107,878▲ $11,419
Total Liabilities and Net Assets / Fund Balance$376,007$530,295▲ $154,288

Asset Categories

AssetBook ValueDepreciationBasis
Land$270,000-$270,000
Equipment$35,000-$35,000
Other Land Buildings$-35,000$35,000-
Compensation and Service Providers
Top Officer Pay55th percentile

Board Members and Trustees

NameTitle
DEVIN O'ROURKEPresident,se
Karthik KrishnaDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$146,403
Program Service Revenue
$0
Investment Income
$1,557
Other Revenue
$0
All Other Contributions
$146,403
Change in Net Assets
$11,419
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$136,541
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$8,206--$8,206
Insurance$7,438--$7,438
Other Expenses$5,455--$5,455
Advertising$958--$958
Travel$697--$697
Total Functional Expenses$136,541$0$0$136,541
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loans Payable$265,000
Unrealized Capigal Gain$142,812
Loans Payable - Trustee$14,319
Huntington Bank Cc$286
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Vedic Preservation Initiative
EIN
82-4324524
Phone
7343532914
Address
106 N ADAMS ST, YPSILANTI, MI 48197

Signing Officer

Name
Sidharth Chhabra
Title
Treasurer & Director
Phone
7343532914
Signed
2024-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sidharth Chhabra
Formed
2018
Legal Domicile
Mi
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Doshi & Associates CPA Pllc
Address
42717 WOODWARD AVE, BLOOMFIELD HILLS, MI 48304-5037
Preparer
Nisha Doshi
Phone
2488588580
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“DONATIONS”

Raw XML Appendix265 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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ReturnHeader/ReturnTs02025-04-11T08:50:22-04:00
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ReturnHeader/TaxPeriodBeginDt02023-05-01
ReturnHeader/TaxPeriodEndDt02024-04-30
ReturnHeader/TaxYr02023

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