Amarican-Indus Corporation
- Assets
- $2.7m
- Revenue
- $179.6k
- Investments
- $2.4m
- Employees
- 0
- Location
- Potomac, MD
- Founding
- 02/2012
- Data as of
- 12/2021
- EIN
- 27-4391099
Organization Overview
Amarican-Indus Corporation is located in Potomac, MD. The organization was established in 2012. 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. Amarican-Indus Corporation 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, Amarican-Indus Corporation generated $179.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.6%) each year. All expenses for the organization totaled $205.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Amarican-Indus Corporation has awarded 18 individual grants totaling $120,449. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
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 |
|---|---|---|---|
Vaikunth Gupta President | 5 | $0 | |
Sujata Gupta Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,254 |
| Dividends & Interest | $46,832 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $131,533 |
| Capital Gain Net Income | $131,533 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $179,619 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,387 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $125,000 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $140,074 |
| Contributions, gifts, grants paid | $65,849 |
| Total expenses and disbursements | $205,923 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,690 |
| Savings and temporary cash investments | $250,262 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,411,364 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,684,316 |
| Accounts payable and accrued expenses | $5,918 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $375,000 |
| Other liabilities | $0 |
| Total liabilities | $380,918 |
Grants Awarded
Over the last fiscal year, Amarican-Indus Corporation has awarded $65,849 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
JOHN HOPKINS UNIVERSITY PURPOSE: CHARITABLE | $25,000 |
GIVE INDIA FOUNDATION PURPOSE: CHARITABLE | $18,259 |
FOUNDATION OF SPECIAL SURGERY PURPOSE: CHARITABLE | $5,000 |
Rockville, MD PURPOSE: CHARITABLE | $5,000 |
New York, NY PURPOSE: CHARITABLE | $5,000 |
NPC FUTBOL AND FUTSAL PURPOSE: CHARITABLE | $3,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Graduate Management Admission Council Reston, VA | $230,212,828 | $77,127,681 |
Educational Commission For Foreign Medical Graduates Philadelphia, PA | $218,692,756 | $72,786,979 |
National Center For Research In Advanced Information & Digital Tec Washington, DC | $0 | $38,475,850 |
Common Application Inc Arlington, VA | $52,971,416 | $52,316,500 |
Longwood University Real Estate Foundation Farmville, VA | $322,438,396 | $31,911,007 |
Education Trust Inc Washington, DC | $60,384,663 | $28,594,144 |
Fwdus Education Fund Inc Washington, DC | $39,522,128 | $52,902,160 |
Chiefs For Change Washington, DC | $30,000,112 | $22,072,365 |
Achieving The Dream Inc Silver Spring, MD | $48,979,373 | $23,156,070 |
Camc Health Education And Research Institute Inc Charleston, WV | $10,132,150 | $15,955,209 |
Us Ignite Inc Washington, DC | $5,718,790 | $15,311,234 |
Washington Yu Ying Public Charter School Washington, DC | $27,086,728 | $12,170,772 |