Nori Foundation Inc
- Assets
- $6.3m
- Revenue
- $1.1m
- Investments
- $887.9k
- Employees
- 0
- Location
- Baldwin, NY
- Founding
- 08/1999
- Data as of
- 12/2021
- EIN
- 13-4006662
Organization Overview
Nori Foundation Inc is located in Baldwin, NY. The organization was established in 1999. According to its NTEE Classification (X70) the organization is classified as: Hinduism, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nori Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Nori Foundation Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $947.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dattatreyudu Nori Pres | 0 | $0 | |
Subhadra Nori V P | 0 | $0 | |
Satish Nori VP | 0 | $0 | |
Priya Nori VP | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $762,689 |
| Interest on Savings | $406 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $227,657 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $124,836 |
| Total Revenue | $1,115,588 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $102,831 |
| Pension plans, employee benefits | $0 |
| Interest | $94,988 |
| Taxes | $82,018 |
| Depreciation | $194,798 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $455,084 |
| Total operating and administrative expenses | $947,149 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $947,149 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $667,859 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $887,880 |
| Net Land, buildings, and equipment | $4,723,620 |
| Other assets | $0 |
| Total assets | $6,279,359 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $1,545,913 |
| Other liabilities | $81,848 |
| Total liabilities | $1,627,761 |
Grants Awarded
Over the last fiscal year, Nori Foundation Inc has awarded $10,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SRI VISWAYOGI FOUNDATION PURPOSE: 22-349149CULTURAL | $5,000 |
VANGURI FOUNDATION PURPOSE: 76-0444238CULTURAL | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Nori Foundation Inc has recieved totaling $17,654.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $12,034 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,620 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Swaminarayan Aksharpith Inc Piscataway, NJ | $4,745,420 | $2,104,319 |
Sai Datta Mandir Inc Edison, NJ | $1,843,006 | $1,265,456 |
Vyo-Usa Inc Old Bridge, NJ | $4,493,964 | $1,749,451 |
Nori Foundation Inc Baldwin, NY | $6,279,359 | $1,115,588 |
Hindu Swayamsevak Sangh U S A Inc Rockaway, NJ | $5,547,867 | $1,298,753 |
Kanchi Kamakoti Seva Foundation Inc Manalapan, NJ | $404,508 | $890,419 |
Swaminarayan Welfare Inc Milltown, NJ | $1,618 | $581,012 |
Sri Guru Singh Sabha Inc Glen Rock, NJ | $4,454,204 | $671,518 |
Gurdwara Dashmesh Darbar Inc Port Reading, NJ | $2,995,884 | $648,663 |
Chinmaya Mission-Pittsburgh Monroeville, PA | $3,514,687 | $935,344 |
India Heritage Foundation Nj Ny Inc Edison, NJ | $1,405,747 | $925,433 |
International Mahavira Jain Mission Blairstown, NJ | $4,614,526 | $568,664 |