Dasvandh Network
- Assets
- $956.5k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 2
- Location
- San Antonio, TX
- Founding
- 04/2010
- Data as of
- 12/2022
- EIN
- 27-2077232
Organization Overview
Dasvandh Network is located in San Antonio, TX. The organization was established in 2010. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. As of 12/2022, Dasvandh Network employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dasvandh Network 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 12/2022, Dasvandh Network generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 67.1% each year . All expenses for the organization totaled $860.6k during the year ending 12/2022. While expenses have increased by 55.7% per year over the past 4 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.
Since 2020, Dasvandh Network has awarded 42 individual grants totaling $1,963,069. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PRIMARY EXEMPT PURPOSE IS TO RAISE FUNDS FOR OTHER NONPROFIT ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUE TO DEVELOP THE WEBSITE FOR THE GENERAL POPULATION TO DONATE FOR THE BENEFIT OF CHARITABLE ORGANIZATIONS, INSPIRE GIVING AND RELATED CHARITABLE PROJECTS THROUGH AWARENESS, TRANSPARENCY AND ACCESSIBILITY. FOR THE CALENDAR YEAR 2022, 59,348 USERS ACCESSED THE WEBSITE TO LEARN ABOUT THE VARIOUS GIVING OPPORTUNITIES AVAILABLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Parvinder Khanuja Director | Trustee | 2 | $0 |
Gurvinder Pal Singh Director | Trustee | 4 | $0 |
Gurvendra S Suri Director | Trustee | 4 | $0 |
Mandeep Singh Executive Director | Trustee | 40 | $141,346 |
Inderpal Singh Director | Trustee | 8 | $0 |
Manpreet Singh Dhalla Director | Trustee | 8 | $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 | $1,001,134 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,001,134 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $1,001,134 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $495,140 |
| 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. | $148,796 |
| Compensation of current officers, directors, key employees. | $148,796 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $43,750 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,002 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,982 |
| Fees for services: Accounting | $14,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,196 |
| Advertising and promotion | $83,016 |
| Office expenses | $5,671 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $13,624 |
| 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 | $860,556 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $948,503 |
| 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 | $7,972 |
| Total assets | $956,475 |
| Accounts payable and accrued expenses | $173,656 |
| 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 | $80,305 |
| Total liabilities | $253,961 |
| Net assets without donor restrictions | $0 |
| 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 | $702,514 |
| Total liabilities and net assets/fund balances | $956,475 |
Grants Awarded
Over the last fiscal year, Dasvandh Network has awarded $495,024 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
CHAPMAN UNIVERSITY PURPOSE: SIKH RELATED PROGRAM AT LEATHERBY LIBRARIES, FISH INTERFAITH CENTER, DODGE COLLEGE OF FILM | $20,000 |
KHALIS FOUNDATION PURPOSE: MAKE TECHNICAL INFRASTRUCTURE SUSTAINABLE AND SCALABLE | $30,000 |
SIKHNET INC PURPOSE: INVEST IN THEIR TECHNICAL BACKEND FOR GURBANI MEDIA CENTER, FREE RESOURCE FOR EVERYONE | $75,000 |
SIKH HUMAN DEVELOPMENT FUND INC PURPOSE: ADDITIONAL SCHOLARSHIPS FOR STUDENTS, SKILL BUILDING WORKSHOPS AND INFRASTRUCTURE | $40,000 |
JAKARA MOVEMENT PURPOSE: YOUTH PROGRAM RELATED EXPENSES | $25,000 |
SIKH COALITION PURPOSE: LEGAL SERVICES, VOLUNTEER & SANGAT ENGAGEMENT AND EDUCATION & STATE STANDARDS | $160,000 |