Ashakiran Inc is located in Huntsville, AL. The organization was established in 2006. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. As of 12/2021, Ashakiran Inc employed 55 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ashakiran 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, Ashakiran Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.2% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 27.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CRISIS SERVICES - CULTURALLY SENSITIVE TO UNDERSERVED POPULATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CRISIS SERVICES - CULTURALLY SENSITIVE TO UNDERSERVED POPULATIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Veleda Davis Executive Director | Officer | 40 | $74,161 |
Michael Conrad Chair | OfficerTrustee | 4 | $0 |
Shah Alam Secretary | OfficerTrustee | 4 | $0 |
Camilla Gaston Vice Chair | OfficerTrustee | 4 | $0 |
Annette Philpot Treasurer | OfficerTrustee | 4 | $0 |
Farah Sultan Member | Trustee | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,170,688 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,170,688 |
Total Program Service Revenue | $0 |
Investment income | $923 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $315,485 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,487,096 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $74,161 |
Compensation of current officers, directors, key employees. | $3,708 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $599,603 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $79,281 |
Payroll taxes | $55,057 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $24,291 |
Insurance | $0 |
All other expenses | $75 |
Total functional expenses | $1,111,690 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $235,477 |
Savings and temporary cash investments | $346,055 |
Pledges and grants receivable | $258,607 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $9,014 |
Net Land, buildings, and equipment | $491,895 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,341,048 |
Accounts payable and accrued expenses | $27,266 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $27,266 |
Net assets without donor restrictions | $1,313,782 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,341,048 |
Over the last fiscal year, we have identified 4 grants that Ashakiran Inc has recieved totaling $9,028.
Awarding Organization | Amount |
---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $5,000 |
Parker Griffith Family Foundation Huntsville, AL PURPOSE: CHARITABLE | $2,500 |
Pushpa And Val T Sapra Foundation Huntsville, AL PURPOSE: SUPPORTS PREVENT DOMESTIC VIOLENCE | $1,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $28 |
Organization Name | Assets | Revenue |
---|---|---|
Asian Americans Advancing Justice Atlanta Inc Norcross, GA | $10,786,790 | $12,514,597 |
Latin American Association Inc Atlanta, GA | $12,327,144 | $4,455,761 |
Caridad Center Inc Boynton Beach, FL | $10,547,629 | $6,073,314 |
Levite Jewish Community Center Birmingham, AL | $3,089,514 | $6,239,391 |
New American Pathways Inc Atlanta, GA | $3,531,610 | $5,662,832 |
Ser Familia Inc Kennesaw, GA | $848,486 | $3,818,877 |
Welcoming America Inc Atlanta, GA | $3,862,053 | $4,483,261 |
Bridge Refugee Services Inc Knoxville, TN | $945,056 | $1,835,371 |
Collat Jewish Family Services Birmingham, AL | $1,001,646 | $1,619,749 |
Crescent Project Inc Franklin, TN | $1,268,545 | $1,819,436 |
El Sol Jupiters Neighborhood Resource Center Inc Jupiter, FL | $1,624,555 | $1,486,745 |
Ashakiran Inc Huntsville, AL | $1,341,048 | $1,487,096 |