Childrens Health And Welfare Foundation Inc
- Assets
- $1.2m
- Revenue
- $52.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Long Branch, NJ
- Founding
- 10/1996
- Data as of
- 12/2023
- EIN
- 22-3446844
Organization Overview
Childrens Health And Welfare Foundation Inc is located in Long Branch, NJ. The organization was established in 1996. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Health And Welfare Foundation 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 12/2023, Childrens Health And Welfare Foundation Inc generated $52.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $50.3k during the year ending 12/2023. While expenses have increased by 16.1% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MONEY IS SENT TO RGS TRUST . THEY RUN A SCHOOL, AND A HOSPITAL TO DO CATARACT SURGERY. IN ADDITION TEACHING COMPUTER SKILLS TO YOUNG BOYS AND GIRLS WHICH HELPS THEM TO FIND JOBS .TEACHING SEWING.TO YOUNG GIRLS. WHEN THEY GRADUATE GIVING LOANS "ON REQUEST" FOR SEWING MACHINES. THIS WAY THEY CAN START THEIR OWN BUSINESS. TEACHING PARLOR SKILLS TO YOUNG GIRLS .
Describe the Organization's Program Activity:
Part 3 - Line 4a
MONEY SENT TO RGS TRUST IN INDIA FOR 1.CATARACT SURGERY, 2. SCHOOL WITH 185 CHILDREN 3 TEACHING GIRLS SEWING AND GIVING LOANS ON REQUEST 4. TEACHING COMPUTER SKILLS TO BOYS AND GIRLS
TEACHING COMPUTER SKILLS
CATARACT OPERATIONS.
TEACHING PALOUR SKILLS AND COMPUTER SKILLS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nakul Chandra Founder | Trustee | 2 | $0 |
Anis Rangwala MD Secretary | Trustee | 0 | $0 |
Yogesh Lahoti Voting Member | Trustee | 0 | $0 |
DE Nugent Member At Large | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $51,489 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $51,189 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,489 |
| Total Program Service Revenue | $0 |
| Investment income | $753 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $52,242 |
| 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 | $50,000 |
| Benefits paid to or for members | $0 |
| 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 | $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 | $0 |
| Insurance | $0 |
| All other expenses | $265 |
| Total functional expenses | $50,265 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,411 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $1,229,809 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,237,220 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,237,220 |
| 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 | $1,237,220 |