Sri Radha Bhakti
- Assets
- $1.8m
- Revenue
- $232.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Holbrook, MA
- Founding
- 06/2009
- Data as of
- 12/2023
- EIN
- 35-2355491
Organization Overview
Sri Radha Bhakti is located in Holbrook, MA. The organization was established in 2009. 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. Sri Radha Bhakti 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, Sri Radha Bhakti generated $232.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $199.3k during the year ending 12/2023. While expenses have increased by 13.4% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
MEDITATION, KIRTAN, PRASADAM, BHAKTI YOGA BASED ON NIMBARKI VAISNAVA, A PART OF HINDU SANATAM DHARMA
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOLI FESTIVAL OF COLORS, UNITY OF DIVERSITY, CELEBRATED ON 4/15/2023 IT WAS ORGANIZED OUTDOORS, INCLUDING PLAYING WITH COLORS, KIRTAN PRASADAM (VEGETARIAN MEALS) APPROX. 1,500 PEOPLE ATTENDED; REVENUE $4,508; EXPENSES $1,810
KRISNNA JANMASHTAMI, CELEBRATED ON 9/7/2023. IT INCLUDED FLOWER DECORATION, KRTAN, PRASADAM OF VEG MEALS; ABOUT 1,300 ATTENDED. REVENUE $8,593. EXPENSES $2,276
DIWALI FUNCTION - FESTIVAL OF LIGHTS, KIRTAN, SINGING, DANCING AND PRASADAM OF VEG. MEALS. MAKING AND DISTRIBUTION OF SWEETS TO ALL ATTENDEES. THE FESTIVAL WAS ORGANIZED ON 11/12/2023; ABOUT 800 PEOPLE ATTENDED. REVENUE $2,586. EXPENSES $ 406
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pradeep Sharma Priest | Officer | 40 | $7,200 |
Keshav Shukla President | Trustee | 40 | $0 |
Ram Srinivasan Secretary | Trustee | 1 | $0 |
Aruru Ravindra Nath Treasurer | Trustee | 1 | $0 |
Joseph Townsend Volunteer | Officer | 40 | $0 |
Neelam Sahani Volunteer | Officer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $138,350 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $91,816 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $230,166 |
| Total Program Service Revenue | $0 |
| Investment income | $2,024 |
| 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 | $232,190 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $7,200 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| 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 | $164,722 |
| Total functional expenses | $199,256 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $207,971 |
| 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 | $1,428,001 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $165,392 |
| Total assets | $1,801,364 |
| Accounts payable and accrued expenses | $26,500 |
| 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 | $150,000 |
| Secured mortgages and notes payable | $122,029 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $298,529 |
| 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 | $1,502,835 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,801,364 |