Cord Usa
- Assets
- $1.1m
- Revenue
- $453.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Grand Blanc, MI
- Founding
- 09/2009
- Data as of
- 12/2023
- EIN
- 27-0540459
Organization Overview
Cord Usa is located in Grand Blanc, MI. The organization was established in 2009. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cord USA 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, Cord USA generated $453.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $145.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (18.6%) per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO EMBRACE ANY ORPHANED GIRL CHILD IN THE 5-7 YEAR AGE GROUP, IRRESPECTIVE OF HER CASTE, COLOUR, CREED, OR ETHNICITY, AND TO RAISE HER AS OUR OWN, PROVIDING HER WITH FOOD, SHELTER, CLOTHING, EDUCATION, AND HEALTH CARE. TO DEVELOP AND STRENGTHEN A COMPREHENSIVE, CONVERGENT, SUSTAINABLE, AND PARTICIPATORY RURAL DEVELOPMENT PROGRAM. TO EMPOWER RURAL WOMEN AND YOUTH. TO HELP REDUCE POVERTY AND INCREASE ECONOMIC SELF-RELIANCE THROUGH MICRO-CREDIT PLANNING, INCOME GENERATION SCHEMES, AND VILLAGE-LEVEL ENTERPRISE. TO PROVIDE COMMUNITY-BASED HEALTHCARE THROUGH PREVENTIVE AND PROMOTIONAL MEASURES, AND PROVIDE PRIMARY HEALTHCARE SERVICES FROM DISPENSARIES. TO STRENGTHEN LOCAL SELF-GOVERNANCE. TO CREATE ENVIRONMENTAL AWARENESS AND IMPLEMENT NATURAL RESOURCE MANAGEMENT. TO IMPROVE EDUCATION STANDARDS AND FACILITIES, PROMOTE LITERACY, AND OFFER VALUE-BASED EDUCATION. TO PROMOTE AND FACILITATE SOCIAL JUSTICE. TO EMPOWER MEN, WOMEN, YOUTH, AND CHILDREN TO UPLIFT THEMSELVES AND THEIR COMMUNITIES BY IN
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO EMBRACE ANY ORPHANED GIRL CHILD IN THE 5-7 YEAR AGE GROUP, IRRESPECTIVE OF HER CASTE, COLOUR, CREED, OR ETHNICITY, AND TO RAISE HER AS OUR OWN, PROVIDING HER WITH FOOD, SHELTER, CLOTHING, EDUCATION, AND HEALTH CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vidya Narayanan Director | Trustee | 1 | $0 |
Vidya Ramanathan Director | Trustee | 1 | $0 |
Apparao Mukkamala Treasurer | Officer | 1 | $0 |
Subha Varma Pathial Secretary | Officer | 1 | $0 |
Swami Swaroopananda President | Officer | 1 | $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 | $414,163 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $414,163 |
| Total Program Service Revenue | $0 |
| Investment income | $15,302 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2 |
| Net Income from Fundraising Events | $24,463 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $453,930 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $235 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $116,490 |
| 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 | $23,455 |
| 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 | $26 |
| Total functional expenses | $144,986 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $304,044 |
| Savings and temporary cash investments | $792,476 |
| 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 | $1,096,520 |
| 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 | $1,096,520 |
| 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 | $1,096,520 |
Grants Awarded
Over the last fiscal year, Cord Usa has awarded $81,795 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
SECOND HARVEST OF SILICON VALLEY | | | $10,000 |
COMMUNITY SEVA | | | $15,000 |
HOME FIRST | | | $16,295 |
SHELTER INC | | | $7,000 |
TELUGU ASSOCIATION | | | $26,500 |
SEWA INTERNATIONAL INC | | | $7,000 |