India Heritage Research Foundation
- Assets
- $909.4k
- Revenue
- $73.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 10/1989
- Data as of
- 12/2021
- EIN
- 25-1577055
Organization Overview
India Heritage Research Foundation is located in Louisville, KY. The organization was established in 1989. According to its NTEE Classification (X83) the organization is classified as: Religious Printing & Publishing, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. India Heritage Research Foundation 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, India Heritage Research Foundation generated $73.4k 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 (3.0%) each year. All expenses for the organization totaled $96.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.1%) per year over the past 7 years. 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
TO PROMOTE THE UNDERSTANDING OF INDIA'S CULTURAL TRADITIONS, UNIVERSAL UNDERSTANDING AND HARMONY; TO PUBLISH THE ENCYCLOPEDIA OF HINDUISM; TO ORGANIZE LECTURES AND SEMINARS ON VARIOUS ASPECTS OF INDIAN TRADITIONS; CHARITABLE ACTIVITIES AIMED AT ALLEVIATING HUMAN SUFFERING, AND TO PROVIDE FOOD, CLOTHING, MEDICINE, AND SCHOLARSHIP FUNDS FOR THOSE IN NEED REGARDLESS OF CASTE, SEX, CREED, OR NATIONAL ORIGIN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH, PRINTING AND PUBLICATION OF AN ENCYCLOPEDIA OF HINDUISM RELIGION AND CULTURE; ALSO, PROMOTING AN UNDERSTANDING OF HINDU RELIGIOUS TRADITION THROUGHOUT THE WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hasu P Shah President | Officer | 4 | $0 |
Swami Chidanand Saraswati Founder/chairman | Officer | 0.25 | $0 |
Dr Naval Kant MD Vice President | Officer | 0.3 | $0 |
Sadhvi Bhagawati Saraswati Secretary | Officer | 25 | $0 |
Atul K Mashruwala Treasurer | Officer | 12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $19,931 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,931 |
| Total Program Service Revenue | $0 |
| Investment income | $7,759 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $45,725 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $73,415 |
| 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 | $0 |
| 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 | $1,615 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,080 |
| Office expenses | $6,092 |
| Information technology | $15,323 |
| Royalties | $0 |
| Occupancy | $10,104 |
| Travel | $12,654 |
| 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 | $5,202 |
| Insurance | $2,427 |
| All other expenses | $1,999 |
| Total functional expenses | $96,815 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $288,322 |
| 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 | $130,107 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $416,549 |
| Intangible assets | $0 |
| Other assets | $74,375 |
| Total assets | $909,353 |
| 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 | $909,353 |
| 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 | $909,353 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that India Heritage Research Foundation has recieved totaling $5,001.
| Awarding Organization | Amount |
|---|---|
Hersha H And Hasu P Shah Family Foundation Harrisburg, PA PURPOSE: TO AID IN THE ACCOMPLISHMENT OF THE CHARITABLE PURPOSE OF THE ORGANIZATION. | $5,001 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oak Spring Garden Foundation Upperville, VA | $320,424,904 | $24,563,668 |
World Missionary Press Inc New Paris, IN | $13,180,550 | $6,479,575 |
National Catholic Reporter Publishing Company Kansas City, MO | $17,137,826 | $9,019,634 |
Knoxville Leadership Foundation Knoxville, TN | $5,333,605 | $4,089,168 |
The R H Boyd Company Nashville, TN | $13,997,405 | $1,644,843 |
Ave Maria Press Notre Dame, IN | $14,191,003 | $4,037,617 |
Arlington Catholic Herald Inc Arlington, VA | $2,675,214 | $2,744,696 |
Scepter Publishers Strongsville, OH | $5,732,746 | $2,811,473 |
St Louis Jewish Light St Louis, MO | $821,508 | $1,121,152 |
Sword Of The Lord Foundation Murfreesboro, TN | $3,942,238 | $620,448 |
Choice Books Midwest Inc Metamora, IL | $0 | $440,038 |
Presbyterian Outlook Found Inc Richmond, VA | $657,059 | $780,760 |