Civic Intelligence

Tattva Foundation Inc

EIN 86-1188673 • 501(c)3 • Windermere, FL

Profile

Promote well being, medical care and build support for the Indian community/cultural events. However, due to the effects of COVID19, the Organization was not able to fully implement its purpose.

1514 Lake Whitney DrWindermere, FL 34786
Siviq Scores

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

Liabilities / Assets

70th percentile

0.02x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

76th percentile

0.04x

Higher debt load relative to revenue than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

94th percentile

71%

Higher net margin than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

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 2024

Asset Growth

79th percentile

27%

Faster asset growth than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

20th percentile

-46%

Faster revenue growth than 20% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$412,573

Up $86,658 (+27%) from 2023

Liabilities

Up

$9,053

Up $9,053 from 2023

Net Assets

Up

$403,520

Up $77,605 (+24%) from 2023

Revenue

Down

$257,188

Down $222,812 (-46%) from 2023

Expenses

Down

$75,861

Down $32,085 (-30%) from 2023

Net Income

Down

$181,327

Down $190,727 (-51%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2021: $122,124Liabilities 2021: $0Net Assets 2021: $122,1242021Assets 2022: $116,369Liabilities 2022: $0Net Assets 2022: $116,3692022Assets 2023: $325,915Liabilities 2023: $0Net Assets 2023: $325,9152023Assets 2024: $412,573Liabilities 2024: $9,053Net Assets 2024: $403,5202024

Highlighted filing

2024

Assets$412,573
Liabilities$9,053
Net Assets$403,520

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2021: $199,000Expenses 2021: $87,338Net Income 2021: $111,6622021Revenue 2022: $125,000Expenses 2022: $131,017Net Income 2022: -$6,0172022Revenue 2023: $480,000Expenses 2023: $107,946Net Income 2023: $372,0542023Revenue 2024: $257,188Expenses 2024: $75,861Net Income 2024: $181,3272024

Highlighted filing

2024

Revenue$257,188
Expenses$75,861
Net Income$181,327

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 3, 2025
Return Version
2024v5.2
Gross Receipts
$257,188
Mission and Program Overview

Mission

Promote well being, medical care and build support for the Indian community/cultural events. However, due to the effects of COVID19, the Organization was not able to fully implement its purpose.

Help Indian communities who are stricken with life altering mental diseases. They may also be suffering from their peers who may not have sufficient education and information to be able to help. TFI will provide services or consumable products designed to assist them.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$325,915$207,573▼ $118,342
Other Notes and Loans Receivable, Net-$200,000-
Total Assets$325,915$412,573▲ $86,658
Other Assets Total-$5,000-
Liabilities
Accounts Payable and Accrued Expenses-$9,053-
Total Liabilities$0$9,053▲ $9,053
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$325,915$403,520▲ $77,605
Total Net Assets Fund Balance$325,915$403,520▲ $77,605
Total Liabilities and Net Assets / Fund Balance$325,915$412,573▲ $86,658
Compensation and Service Providers

Board Members and Trustees

NameTitle
Vishwas VanarPresident
Smiti S SahuVice President
Alan ElamSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$255,000
Program Service Revenue
$0
Investment Income
$2,188
Other Revenue
$0
All Other Contributions
$255,000
Change in Net Assets
$181,327
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$72,211
Total Fundraising Expense$4,757
Grants and Similar Amounts Paid$3,650
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel-$26,413-$26,413
Occupancy-$22,750-$22,750
Other Expenses-$5,449$4,757$5,449
Fees for Services Other-$5,025-$5,025
Insurance-$3,819-$3,819
Grants to Domestic Orgs$3,650--$3,650
Fees for Services Legal-$2,100-$2,100
Office Expenses-$1,862-$1,862
Information Technology-$36-$36
Total Functional Expenses$3,650$67,454$4,757$75,861
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
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

The Founder and wife provide their serivces to the Foundation at no cost.

Form 990 governing body review Part VI line 11

A copy of the 990 was reviewed by the governing body prior to filing.

Conflict of interest policy compliance Part VI line 12C

TFI has adopted a policy to avoid any financial conflicts of interest, by establishing a system of checks and balances to always maintain a basis most favorable to TFI. One method is to require bids for goods/services where appropriate and using the lowest bidder. As for compensation of its officers, directors and staff, TFI will review both geographic market information as well as national non-profit input for review and adjustments. In that spirit, TFI may from time to time purchase services/goods from a person who may have an existing or past relationship TFI. That purchase will be based on TFI receiving a better basis than could have otherwise been achieved.

CEO executive director top management comp Part VI line 15A

Directors shall serve without compensation except that a reasonable fee may be paid to directors for attending regular and special meetings of the board. In addition, they shall be allowed reasonable advancement or reimbursement of expenses incurred in the performance of their duties.

Other officer or key employee compensation Part VI line 15B

The salaries of the officers, if any, shall be fixed from time to time by resolution of the Board of Directors. In all cases, any salaries received by officers of this corporation shall be reasonable and given in return for services actually rendered to or for the corporation. Compensation of directors, officers and staff will be reviewed and adjusted on an annual basis so as to allow TFI to retain skilled and competent leadership and staff. Further, should funding be available, the Board will from time to time, exercise its discretion in recognizing the efforts of the staff through meritorious and financial means.

Governing documents etc available to public Part VI line 19

The governing documents are made available to the general public upon request at the Foundations office.

Filing and Contact Details

Filer

Filer Name
TATTVA Foundation Inc
EIN
86-1188673
In Care Of
% Vishwas Vanar
Address
1514 Lake Whitney Dr, Windermere, FL 34786
Doing Business As
TATTVA Foundation Inc

Signing Officer

Name
Vishwas Vanar
Title
President
Phone
2672525939
Signed
2025-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vishwas Vanar
Formed
2021
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
1
Employees
0
Volunteers
2

Preparer

Firm
National Tax Services
Address
1323 Queens Road Suite 205, Charlotte, NC 28207
Preparer
Alan W Elam Jr
Phone
7047169463
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028207
ReturnHeader/PreparerPersonGrp/PhoneNum07047169463
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALAN W ELAM JR
ReturnHeader/ReturnTs02025-11-04T14:37:37-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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