Nepalese Association Of Connecticut Company
- Assets
- $264.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Hartford, CT
- Founding
- 06/2010
- Data as of
- 12/2021
- EIN
- 27-0538837
Organization Overview
Nepalese Association Of Connecticut Company is located in West Hartford, CT. The organization was established in 2010. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nepalese Association Of Connecticut Company 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, Nepalese Association Of Connecticut Company generated $98.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $26.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.3%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
NEPALESE ASSOCIATION OF CONNECTICUT PROVIDES SERVICE TO PRESERVE THE NEPALI CULTURE BY DEMONSTRATING VARIOUS ACTIVITIES.IT ALSO PROVIDES NEPALI CLASSES TO THE CHILDREN AND ADULT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Narayan Paudel President | 8 | $0 | |
Raghu K Giri Vice President | 4 | $0 | |
Rajan Timsina Secretary | 5 | $0 | |
Balkrishna Karki Vice Secretary | 5 | $0 | |
Kuldip Adhikari Treasurer | 5 | $0 | |
Rinku Shrestha Executive Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,019 |
| Total Program Service Revenue | $10,733 |
| Membership dues | $12,430 |
| Investment income | $33 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $98,215 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $5,287 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $300 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,470 |
| Other expenses | $6,803 |
| Total expenses | $26,312 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $264,774 |
| Other assets | $0 |
| Total assets | $264,774 |
| Total liabilities | $0 |
| Net assets or fund balances | $264,774 |
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