Shri Sita Ram Foundation Usa
- Assets
- $683.7k
- Revenue
- $101.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 02/2012
- Data as of
- 12/2021
- EIN
- 27-3527660
Organization Overview
Shri Sita Ram Foundation Usa is located in Houston, TX. The organization was established in 2012. According to its NTEE Classification (F12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shri Sita Ram Foundation 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 12/2021, Shri Sita Ram Foundation USA generated $101.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.4%) each year. All expenses for the organization totaled $196.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Shri Sita Ram Foundation USA has awarded 22 individual grants totaling $189,455. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTING VEDIC CULTURAL ACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZING VEDIC PLAY (RAM LEELA) PROMOTING STORIES FROM VEDIC SCRIPTURES AND PROVIDING VEDIC KNOWLEDGE.
PROVIDING ECONOMIC ASSISTANCE TO EDUCATIONAL AND VEDIC INSTITUTIONS, STUDENTS AND DISADVANTAGED PERSONS IN THE COMMUNITY.
ORGANIZING THE DIWALI DUSSEHRA FESTIVAL FOR VEDIC, CULTURAL AND EDUCATIONAL PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vinodini Verma Vice President | OfficerTrustee | 1 | $0 |
Neal Akash Verma Manager | OfficerTrustee | 1 | $0 |
Arun Verma President | OfficerTrustee | 2 | $0 |
Nina Magon Secretary/treasurer | OfficerTrustee | 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 | $96,751 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,751 |
| Total Program Service Revenue | $0 |
| Investment income | $4,362 |
| 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 | $101,113 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $97,483 |
| Grants and other assistance to domestic individuals. | $20,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| 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 | $745 |
| Fees for services: Accounting | $1,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,301 |
| Advertising and promotion | $7,833 |
| Office expenses | $3,576 |
| 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 | $357 |
| Insurance | $604 |
| All other expenses | $1,085 |
| Total functional expenses | $196,944 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $683,175 |
| 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 | $538 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $683,713 |
| 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 | $2,605 |
| Total liabilities | $2,605 |
| 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 | $681,108 |
| Total liabilities and net assets/fund balances | $683,713 |
Grants Awarded
Over the last fiscal year, Shri Sita Ram Foundation Usa has awarded $45,058 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Houston, TX PURPOSE: GENERAL SUPPORT | $15,000 |
Katy, TX PURPOSE: GENERAL SUPPORT | $11,953 |
Houston, TX PURPOSE: GENERAL SUPPORT | $11,605 |
North Port, FL PURPOSE: GENERAL SUPPORT | $6,500 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Shri Sita Ram Foundation Usa has recieved totaling $2,516.
| Awarding Organization | Amount |
|---|---|
Rungta Foundation Bellaire, TX PURPOSE: FUND THEIR CHARITABLE ACTIVITIES | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $16 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Physicians Foundation Inc Austin, TX | $135,038,479 | $7,625,645 |
American Valor Foundation Hamilton, TX | $207,798 | $366,423 |
Hi How Are You Foundation Inc Austin, TX | $221,165 | $249,757 |
Cemex Foundation Houston, TX | $6,333,587 | $495,874 |
Shri Sita Ram Foundation Usa Houston, TX | $683,713 | $101,113 |
Lifeway Foundation Inc Lott, TX | $1,586,588 | $1,338 |
Dorothy S Grant Tr Dallas, TX | $2,290,271 | $480,724 |
Foundation 43 Austin, TX | $83,403 | $193,030 |
All Eagles Oscar Foundation Montgomery, TX | $183,527 | $225,309 |
Hunter Williams Memorial Scholarship Fund Dallardsville, TX | $75,188 | $0 |
Communities First Dallas, TX | $0 | $0 |
Kcap Cares Southlake, TX | $26,981 | $52,076 |