Balvikas Inc
- Assets
- $158.1k
- Revenue
- $111.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Ashburn, VA
- Founding
- 02/2009
- Data as of
- 12/2021
- EIN
- 26-3946436
Organization Overview
Balvikas Inc is located in Ashburn, VA. The organization was established in 2009. According to its NTEE Classification (O54) the organization is classified as: Youth Development - Citizenship, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Balvikas 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, Balvikas Inc generated $111.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $35.3k during the year ending 12/2021. 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
RELIGIOUS EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
RELIGIOUS EDUCATION
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jothi Radhakrishnan Secretary | OfficerTrustee | 0 | $0 |
Drgvv Rao President | OfficerTrustee | 0 | $0 |
Vaidyanathan Baskaran Treasurer | OfficerTrustee | 0 | $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 | $111,707 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,707 |
| Total Program Service Revenue | $0 |
| Investment income | $92 |
| 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 | $111,799 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $34,131 |
| 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 | $31 |
| Fees for services: Accounting | $550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $150 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $432 |
| 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 | $0 |
| Total functional expenses | $35,294 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $158,133 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $158,133 |
| 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 | $158,133 |
| 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 | $158,133 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Balvikas Inc has recieved totaling $148,364.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $138,321 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $43 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
College Preparatory & Leadership Academy Of High Point Jamestown, NC | $15,417,140 | $8,970,663 |
Americas Future Foundation Washington, DC | $2,838,924 | $2,085,404 |
Talbot Mentors Inc Easton, MD | $1,333,598 | $871,822 |
Girls Inspired & Ready To Lead Fairfax, VA | $1,888 | $0 |
Daughters Of Worth Greenville, NC | $11,378 | $0 |
Young People For Progress Inc Silver Spring, MD | $183,688 | $0 |
Grow Your World Carrboro, NC | $72,458 | $0 |
Washington Institute For Leadership Washington, DC | $6,310 | $0 |
United States Marines Youth Foundation Inc Stafford, VA | $883,881 | $80,273 |
Balvikas Inc Ashburn, VA | $158,133 | $111,799 |
Youth Of Nc Inc Greensboro, NC | $2,491 | $0 |
Flight Club 859 Inc Lexington, KY | $200 | $0 |