Sapna Nyc Inc
- Assets
- $675.0k
- Revenue
- $617.5k
- Investments
- $0.0
- Employees
- 13
- Location
- Bronx, NY
- Founding
- 04/2009
- Data as of
- 12/2021
- EIN
- 26-3124969
Organization Overview
Sapna Nyc Inc is located in Bronx, NY. The organization was established in 2009. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2021, Sapna Nyc Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sapna Nyc 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, Sapna Nyc Inc generated $617.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $472.8k during the year ending 12/2021. While expenses have increased by 10.4% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SAPNA NYC TRANSFORMS THE LIVES OF SOUTH ASIAN IMMIGRANT WOMEN BY IMPROVING PHYSICAL AND MENTAL HEALTH, EXPANDING ECONOMIC OPPORTUNITIES, AND BUILDING A COLLECTIVE VOICE FOR CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH EDUCATION PROGRAM: SAPNA NYC EMPLOYED 3 COMMUNITY HEALTH WORKERS WHO PROVIDED A VARIETY OF HEALTH EDUCATION PROGRAMS, INCLUDING NUTRITION, MENTAL HEALTH, AND CHILDRENS HEALTH. APPROXIMATELY 250 WOMEN AND CHILDREN WERE REACHED THROUGH THIS PROGRAM.
WOMEN'S EMPOWERMENT PROJECTS: SAPNA NYC PROVIDED FINANCIAL LITERACY, OUTREACH AND COMMUNICATION SKILLS, KNOW YOUR RIGHTS WORKSHOPS, AND LEADERSHIP TRAINING TO 150 WOMEN.
ESOL CLASSES: SAPNA NYC PROVIDED " ENGLISH FOR SPEAKERS OF OTHER LANGUAGES" ( ESOL) CLASSES AT THE BEGINNER, INTERMEDIATE, AND ADVANCED LEVELS. APPROXIMATELY 120 WOMEN WERE REACHED THROUGH THIS PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diya Basu-Sen Executive Dir. | OfficerTrustee | 35 | $75,417 |
Tania Khan Co- Board Chair | OfficerTrustee | 2.5 | $0 |
Meghana Shah Co -Board Chair | OfficerTrustee | 2.5 | $0 |
Anish Mitra Member | Trustee | 1 | $0 |
Sehra Eusfzai Member | Trustee | 1 | $0 |
Rita N Soni Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $390,750 |
| All other contributions, gifts, grants, and similar amounts not included above | $226,758 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $617,508 |
| Total Program Service Revenue | $0 |
| Investment income | $20 |
| 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 | $617,528 |
| 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. | $75,417 |
| Compensation of current officers, directors, key employees. | $6,034 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $213,330 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,541 |
| Payroll taxes | $22,089 |
| 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 | $35,385 |
| Advertising and promotion | $0 |
| Office expenses | $14,455 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $30,401 |
| Travel | $985 |
| 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 | $661 |
| Insurance | $6,301 |
| All other expenses | $0 |
| Total functional expenses | $472,808 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $126,714 |
| Savings and temporary cash investments | $110,899 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $435,769 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,645 |
| Total assets | $675,027 |
| Accounts payable and accrued expenses | $8,713 |
| Grants payable | $0 |
| Deferred revenue | $85,000 |
| 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 | $93,713 |
| Net assets without donor restrictions | $485,434 |
| Net assets with donor restrictions | $95,880 |
| 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 | $675,027 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Sapna Nyc Inc has recieved totaling $81,555.
| Awarding Organization | Amount |
|---|---|
Robin Hood Foundation New York, NY PURPOSE: POVERTY RELIEF | $35,000 |
Ponce De Leon Foundation Bronx, NY PURPOSE: COVID-19 HEALING & RECOVERY FOR ASIAN COMMUNITIES | $20,000 |
Tides Foundation San Francisco, CA PURPOSE: EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT | $11,000 |
Foley Hoag & Eliot Fdn Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $8,000 |
National Coalition For Asian Pacific American Community Dev Washington, DC PURPOSE: AAPI Community Resilience Fund | $7,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $55 |
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