Sri Shankara Cancer Foundation Usa
- Assets
- $219.5k
- Revenue
- $195.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Milpitas, CA
- Founding
- 01/2012
- Data as of
- 12/2020
- EIN
- 32-0349139
Organization Overview
Sri Shankara Cancer Foundation Usa is located in Milpitas, CA. The organization was established in 2012. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sri Shankara Cancer 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 12/2020, Sri Shankara Cancer Foundation USA generated $195.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 22.8% each year . All expenses for the organization totaled $103.6k during the year ending 12/2020. While expenses have increased by 8.8% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
SRI SHANKARA CANCER FOUNDATION IS A NON-PROFIT ORGANIZATION WHOSE CORE FOCUS IS ON CURE AND PREVENTION OF CANCER. THE FOUNDATION IS COMMITTED TO CONCEIVE, BUILD, AND SUSTAIN PROGRAMS AND INITIATES AIMED AT HELPING THE COMMON MAN. VERY OFTEN, MANY OF THE ECONOMICALLY CHALLENGED PEOPLE ARE TURNED BACK AND UNABLE TO GET TIMELY DIAGNOSIS AND TREATMENT. THE OBJECTIVE OF THIS FOUNDATION IS TO PROVIDE TIMELY TREATMENT AND CURE TO THE LESS FORTUNATE AND UNDER PRIVILEGED PEOPLE IN THE SOCIETY
Describe the Organization's Program Activity:
Part 3 - Line 4a
MISSION: SRI SHANKARA CANCER FOUNDATION, USA, IS A NON-PROFIT ORGANIZATION WHOSE CORE FOCUS IS ON CURE AND PREVENTION OF CANCER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joythi Shekar Director | Officer | 1 | $0 |
Somashekar Hebbalalu Director | Officer | 1 | $0 |
Anuradha Jagadeesh Director | Trustee | 0.5 | $0 |
Bv Jagdeesh Director | Trustee | 0.5 | $0 |
Raghunandana A Halur Director | Trustee | 0.5 | $0 |
Raviraj Pangal Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $102,396 |
| All other contributions, gifts, grants, and similar amounts not included above | $92,964 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $195,360 |
| Total Program Service Revenue | $0 |
| Investment income | $2 |
| 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 | $195,362 |
| 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 | $100,000 |
| 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 | $0 |
| Fees for services: Accounting | $45 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,545 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $103,590 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $219,515 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $219,515 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $219,515 |
| 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 | $219,515 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Sri Shankara Cancer Foundation Usa has recieved totaling $123,353.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $43,253 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $27,339 |
Bright Funds Foundation San Jose, CA PURPOSE: GENERAL PURPOSE | $19,621 |
Jagadeesh Family Foundation Saratoga, CA PURPOSE: GENERAL OPERATING BUDGET | $15,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $12,050 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $6,005 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
California Healthcare Foundation Oakland, CA | $962,705,535 | $76,725,408 |
Parker Institute For Cancer Immunotherapy San Francisco, CA | $380,437,987 | $170,996,190 |
Saint Johns Hospital & Health Center Foundation Santa Monica, CA | $338,467,866 | $91,993,336 |
Honorhealth Foundation Scottsdale, AZ | $342,615,174 | $47,488,942 |
The Health Trust San Jose, CA | $121,710,824 | $27,941,301 |
Valley Childrens Healthcare Foundation Madera, CA | $40,273,327 | $13,248,839 |
Childrens Healthcare Of California Orange, CA | $509,065,328 | $34,175,929 |
Healthcare Transitional Funding Corp Glendale, AZ | $463,333 | $25,480 |
Community Clinics Health Network San Diego, CA | $1,366,120 | $5,859,898 |
Health First Foundation-Northern Arizona Flagstaff, AZ | $53,020,022 | $5,292,258 |
Legacy Health Endowment Turlock, CA | $0 | $3,113,073 |
Oregon Rural Health Initiative Portland, OR | $7,029,575 | $4,022,932 |