Lad Vanik Samaj Of America
- Assets
- $353.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- South Plainfield, NJ
- Founding
- 05/1994
- Data as of
- 12/2022
- 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 12/2022, Lad Vanik Samaj Of America generated $75.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (16.2%) each year. All expenses for the organization totaled $69.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (17.3%) per year over the past 8 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
2022
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
THIS OUTDOOR EVENT ATTENDED BY MEMBERS OF FOUR GENERATIONS OF OUR ORGANIZATIONS CREATING BONDING AMOUNG YOUTH, YOUNG ORGANIZATIONS CREATING BONDING AMOUNG YOUTH, YOUNG
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
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chirag Sheth Trustee | 2 | $0 | |
Hiren Chokshi Vice President | 5 | $0 | |
Leena Parikh Vice President | 4 | $0 | |
Narendra Parikh Vice President | 4 | $0 | |
Viral Chokshi Vice President | 4 | $0 | |
Arpita Shah Secretary | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,871 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $38 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $75,909 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $67,635 |
| 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 | $1,325 |
| Other expenses | $739 |
| Total expenses | $69,699 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $353,927 |
| Other assets | $0 |
| Total assets | $353,927 |
| Total liabilities | $0 |
| Net assets or fund balances | $353,927 |