Medha Corp
- Assets
- $1.4m
- Revenue
- $625.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Nokomis, FL
- Founding
- 06/2011
- Data as of
- 12/2022
- EIN
- 27-3525991
Organization Overview
Medha Corp is located in Nokomis, FL. The organization was established in 2011. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Medha Corp 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, Medha Corp generated $625.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $174.5k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
MEDHA FOCUSES ON GENERAL STREAM COLLEGE STUDENTS AT GOVERNMENT-AIDED COLLEGES IN UTTAR PRADESH INDIA. MEDHA SUPPORTS STUDENTS IN INDIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTS STUDENTS IN INDIA.MEDHA FOCUSES ON GENERAL STREAM COLLEGE STUDENTS AT GOVERNMENT AIDED COLLEGES IN UTTAR PRADESH-INDIA. MEDHA OFFERS THREE INTERCONNECTED SERVICES TO STUDENTS, EMPLOYERS AND EDUCATINAL INSTITUTION.THIS HAS BENEFITED NUMEROUS STUDENTS IN GAINING EMPLOYMENT SINCE INCEPTION OF MEDHA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Turillo President | Officer | 40 | $53,593 |
Shalu Umapathy Director | Trustee | 1 | $0 |
Sheila Hooda Director | Trustee | 1 | $0 |
Manoj Sharma Director | Trustee | 1 | $0 |
Jennifer Leonard Treasurer | 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 | $619,806 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $619,806 |
| Total Program Service Revenue | $0 |
| Investment income | $5,161 |
| 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 | $624,967 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $147,566 |
| Compensation of current officers, directors, key employees. | $22,135 |
| 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 | $1,500 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $492 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $10,713 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10,459 |
| 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 | $1,321 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $174,515 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $925,517 |
| 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 | $246 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,751 |
| Investments—publicly traded securities | $504,711 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $262 |
| Total assets | $1,433,487 |
| 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 | $21,823 |
| Total liabilities | $21,823 |
| Net assets without donor restrictions | $1,411,664 |
| 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 | $1,433,487 |