Vedic Vidyalay
- Assets
- $187.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Somerset, NJ
- Founding
- 09/2012
- Data as of
- 06/2024
- EIN
- 27-2180851
Organization Overview
Vedic Vidyalay is located in Somerset, NJ. The organization was established in 2012. According to its NTEE Classification (A70) the organization is classified as: Humanities, 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. Vedic Vidyalay 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 06/2024, Vedic Vidyalay generated $40.6k 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 (4.6%) each year. All expenses for the organization totaled $8.4k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (22.4%) per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
WE RAN CLASSES IN 5 SCHOOL DISTRICT AND BENEFITTED APPROXIMATELY 150 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amber Tolat Board Of Directors | 0 | $0 | |
Thukaram Gopalrao Board Of Directors | 0 | $0 | |
Bhupendra Kumar President | 2 | $0 | |
Manju Kumar CEO | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,616 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $40,616 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $5,220 |
| Printing, publications, postage, and shipping | $3,182 |
| Other expenses | $0 |
| Total expenses | $8,402 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $187,814 |
| Other assets | $0 |
| Total assets | $187,814 |
| Total liabilities | $0 |
| Net assets or fund balances | $187,814 |