Vyo-Usa Inc is located in Old Bridge, NJ. The organization was established in 2011. According to its NTEE Classification (X70) the organization is classified as: Hinduism, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vyo-Usa Inc 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, Vyo-Usa Inc generated $783.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $570.2k during the year ending 12/2023. While expenses have increased by 7.1% per year over the past 9 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
A RELIGIOUS ORGANIZATION INTERESTED IN YOUTH DEVELOPMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
A RELIGIOUS ORGANIZATION INTERESTED IN YOUTH DEVELOPMENT
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Bansi Shah Chairman | OfficerTrustee | 5 | $0 |
Ramesh Rakholia Vice Chairman | OfficerTrustee | 5 | $0 |
Bharat Shah Treasurer | Officer | 5 | $0 |
Kirit Shah National Trustee | Trustee | 2 | $0 |
Nilesh Mehta Joint Treasurer | Officer | 2 | $0 |
Chaitanya Patel Secretary | Officer | 2 | $0 |
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 | $782,454 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $782,454 |
Total Program Service Revenue | $0 |
Investment income | $1,016 |
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 | $783,470 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $22,872 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $233,646 |
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 | $7,928 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $13,500 |
Fees for services: Legal | $5,575 |
Fees for services: Accounting | $1,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $42,923 |
Advertising and promotion | $0 |
Office expenses | $3,205 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $5,800 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $45,617 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $79,645 |
Insurance | $19,831 |
All other expenses | $24,056 |
Total functional expenses | $570,248 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,163,723 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $74,600 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $1,231,428 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $3,132,501 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $5,602,252 |
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 | $556,502 |
Secured mortgages and notes payable | $2,074,609 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $2,631,111 |
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 | $0 |
Total liabilities and net assets/fund balances | $5,602,252 |