Marathi Vishwa is located in Keyport, NJ. The organization was established in 1981. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marathi Vishwa 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, Marathi Vishwa generated $85.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $60.4k during the year ending 12/2021. 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
PROMOTE SOCIAL AND CULTURAL HERITAGE THROUGH COMMUNITY PROGRAMS AND OFFER SCHOLARSHIPS TO PROMOTE ACADEMIC EXCELLENCE & COMMUNITY SERVICE.HELP FUND PROGRAMS TO HELP THE MEMBERS OF THE COMMUNITY WITH SPECIAL NEEDS
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARRANGE TWO ANNUAL SOCIAL EVENTS DURING THE MAJOR INDIAN FESTIVALS TO PROMOTE AND ENRICH THE CULTURAL HERITAGE OF THE NEW AND THE OLDER GENERATIONS WITHIN THE COMMUNITY.
OTHER MISC PROGRAMS MISCELLANEOUS PROGRAMS FOR MEMBERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Atul Atahavale Vice President | Officer | 3 | $0 |
Anagha Yerande Secretary | Officer | 3 | $0 |
Amar Urhekar Treasurer | Officer | 4 | $0 |
Niranjan Deo President | Officer | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $24,192 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $50,893 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $75,085 |
Total Program Service Revenue | $0 |
Investment income | $38,711 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$28,553 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $85,243 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $3,630 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $24,721 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,500 |
Fees for services: Accounting | $1,760 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $921 |
Advertising and promotion | $2,820 |
Office expenses | $840 |
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 | $24,226 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $60,418 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $82,827 |
Savings and temporary cash investments | $48,679 |
Pledges and grants receivable | $0 |
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 | $0 |
Net Land, buildings, and equipment | $435,232 |
Investments—publicly traded securities | $0 |
Investments—other securities | $461,947 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,028,685 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $87,724 |
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 | $5,427 |
Total liabilities | $93,151 |
Net assets without donor restrictions | $935,534 |
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 | $1,028,685 |
Over the last fiscal year, we have identified 1 grants that Marathi Vishwa has recieved totaling $15,982.
Awarding Organization | Amount |
---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $15,982 |
Organization Name | Assets | Revenue |
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Mid-Hudson Valley Early Education Center Valhalla, NY | $6,537,521 | $8,697,326 |
Lehigh Valley Charter High School For The Arts Bethlehem, PA | $5,854,757 | $11,587,241 |
Potsdam Auxiliary & College Educational Services Inc Potsdam, NY | $4,868,988 | $9,108,311 |
Young Judaea Global Inc New York, NY | $6,685,322 | $8,298,645 |
Robert Benjamin Wiley Community Charter School Erie, PA | $5,943,995 | $8,110,042 |
Northside Charter High School Brooklyn, NY | $6,329,922 | $7,435,284 |
Solutions Journalism Network Inc New York, NY | $14,817,664 | $5,853,972 |
Teaching Matters Inc New York, NY | $19,609,038 | $14,154,579 |
The Leadership Academy Inc Long Island City, NY | $7,448,053 | $8,271,640 |
Midland School North Branch, NJ | $16,197,805 | $7,668,515 |
King Center Charter School Buffalo, NY | $8,970,236 | $7,640,622 |
Prizmah Center For Jewish Day Schools Inc New York, NY | $4,272,126 | $6,514,448 |