High Octavez is located in Carrollton, TX. The organization was established in 2014. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. High Octavez 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, High Octavez generated $133.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.5% each year . All expenses for the organization totaled $105.9k during the year ending 12/2021. While expenses have increased by 15.5% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
MISSION IS TO USE MUSIC TO ENTERTAIN PEOPLE, ALL FUNDS COLLECTED WILL BE DONATED TOWARDS PATIENTS FIGHTING AGAINST LIFE THREATENING DISEASES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Manoj Krishnan Officer | 2 | $0 | |
Prabhu Shankar Officer | 6 | $0 | |
Anjana Nair Officer | 2 | $0 | |
Reshmi Shankar Officer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $142,856 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$9,101 |
Other Revenue | $0 |
Total Revenue | $133,755 |
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 | $19 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $54 |
Other expenses | $8,325 |
Total expenses | $105,866 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $57,813 |
Other assets | $0 |
Total assets | $66,714 |
Total liabilities | $0 |
Net assets or fund balances | $66,714 |
Over the last fiscal year, we have identified 19 grants that High Octavez has recieved totaling $37,004.
Awarding Organization | Amount |
---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $21,111 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $5,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $4,750 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $2,845 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $1,101 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $600 |
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