Lad Vanik Samaj Of America
- Assets
- $347.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- South Plainfield, NJ
- Founding
- 05/1994
- Data as of
- 12/2021
- EIN
- 22-3147278
Organization Overview
Lad Vanik Samaj Of America is located in South Plainfield, NJ. The organization was established in 1994. According to its NTEE Classification (J32) the organization is classified as: Goodwill Industries, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lad Vanik Samaj Of America 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, Lad Vanik Samaj Of America generated $35.8k 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 (26.7%) each year. All expenses for the organization totaled $50.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (23.2%) 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 Mission:
Part 3 - Line 1
SEE ATTACHED
Describe the Organization's Program Activity:
Part 3
LAD PARIVAR(FAMILY) REUNION WAS CELEBRATED TO COMMEMORATE 25 YEARS OF OUR ORGANIZATIONS' ESTABLISHMENT FROM FRIDAY AUGUST 21ST TO SUNDAY AUGUST 23RD 2015. IT WAS ATTENDED BY OVER 700 MEMBERS AND GUESTS IN EAST BRUSNWICK, NEW JERSEY. THE DETAIL OF THE PROGRAM IS ATTACHED SEE STATEMENT #2
THE CULTURAL DRAMA EVENT WAS COMPLETELY MANAGED BY OUR ENTIRE YOUTH TEAM OF 40 VOLUNTEERS THAT INCLUDED PREPARING FLYERS, MARKETING ENTIRE EVENT, TICKET SALES, SEATING ARRANGEMENT FOR CLOSE TO 1000 PEOPLE.DEVELOP SELF CONFIDENCE AND PUBLIC SPEAKING FOR YOUTHS IN COMMUNITY
ANNUAL CELEBRATION OF FESTIVAL OF LIGHTS - TO PROMOTE CULTURAL VALUE TO THE COMMUNITY. ATTENDED BY 350 MEMBERS
THIS OUTDOOR EVENT ATTENDED BY MEMBERS OF FOUR GENERATIONS OF OUR ORGANIZATIONS CREATING BONDING AMOUNG YOUTH, YOUNG ORGANIZATIONS CREATING BONDING AMOUNG YOUTH, YOUNG
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yogesh Choksi Public Relation Officer | 2 | $0 | |
Nimish Sukhia Vice President | 2 | $0 | |
Bharat Parikh Trustee | 2 | $0 | |
Hiren Chokshi Vice President | 5 | $0 | |
Narendra Parikh Vice President | 4 | $0 | |
Rashesh Dalal Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,873 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,210 |
| Investment income | $686 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $35,769 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $50,526 |
| 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 | $33 |
| Other expenses | $61 |
| Total expenses | $50,620 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $347,717 |
| Other assets | $0 |
| Total assets | $347,717 |
| Total liabilities | $0 |
| Net assets or fund balances | $347,717 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Lad Vanik Samaj Of America has recieved totaling $22,824.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $6,631 |
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $6,631 |
Aaski Foundation Inc Trinity, FL PURPOSE: CULTRAL ACTIVITY | $4,781 |
Aaski Foundation Inc Trinity, FL PURPOSE: CULTRAL ACTIVITY | $4,781 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goodwill Services Inc Harrisburg, PA | $1,174,955 | $4,133,942 |
C D L Foundation Inc Lawrence, NY | $9,728,036 | $6,948,040 |
Cumberland Goodwill Fire Rescue Ems Inc Carlisle, PA | $2,706,189 | $4,365,885 |
Goodwill Commercial Services Inc Pittsburgh, PA | $316,544 | $3,683,936 |
Fund For Life Foundation Inc Brooklyn, NY | $41,149,257 | $1,026,606 |
Perry & Donna Golkin Family Foundation New York, NY | $20,120,951 | $2,418,133 |
David And Katherine Moore Family Foundation Rye Brook, NY | $18,358,515 | $2,170,020 |
Goodwill Keystone Area Foundation Harrisburg, PA | $10,311,808 | $798,499 |
Legion Of Good Will New York, NY | $1,508,670 | $481,047 |
Ravenswood Charitable Foundation Riverhead, NY | $514,449 | $130,498 |
Rosenthal Fund New York, NY | $12,047,091 | $1,265,378 |
Karches Foundation Locust Valley, NY | $547,024 | $167,386 |