K P Cultural Association Inc
- Assets
- $194.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Princeton, NJ
- Founding
- 11/1991
- Data as of
- 12/2021
- EIN
- 22-2837687
Organization Overview
K P Cultural Association Inc is located in Princeton, NJ. The organization was established in 1991. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. K P Cultural Association 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, K P Cultural Association Inc generated $32.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $17.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO CONDUCT ACTIVITIES FOR THE BENEFIT OF NEEDY PEOPLE IN THE US, INDIA AND WORLDWIDE, INCLUDING : A) HOLDING CULTURAL AND SOCIAL EVENTS, B) RAISING AND DISBURSING FUNDS FOR EDUCATIONAL SCHOLARSHIPS, C) FUNDING AND ORGANIZING HEALTH CAMPS AND FOOD DRIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mahendra Patel Chairman | 5 | $0 | |
Chandu Bhai Treasurer | 5 | $0 | |
Harshad I Patel President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,710 |
| Total Program Service Revenue | $14,360 |
| Membership dues | $0 |
| Investment income | $352 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $32,422 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,649 |
| Total expenses | $17,649 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $194,711 |
| Other assets | $0 |
| Total assets | $194,711 |
| Total liabilities | $0 |
| Net assets or fund balances | $194,711 |
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