Global Hindu Heritage Foundation
- Assets
- $272.2k
- Revenue
- $253.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Frisco, TX
- Founding
- 08/2008
- Data as of
- 12/2021
- EIN
- 41-2258630
Organization Overview
Global Hindu Heritage Foundation is located in Frisco, TX. The organization was established in 2008. 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. Global Hindu Heritage Foundation 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, Global Hindu Heritage Foundation generated $253.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $185.3k during the year ending 12/2021. While expenses have increased by 2.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PRESERVE AND PROTECT HINDU TEMPLES AND HINDU HERITAGE
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE AWARNESS THROUGH EDUCATION OF SANATANA DHARMA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Prakasarao V Velagapudi President | Trustee | 40 | $0 |
Nandini Velagapudi Treasurer | Trustee | 5 | $0 |
Prasad Yalamanchi Chairman | Trustee | 10 | $0 |
Tulasi Tummala Director | Trustee | 5 | $0 |
Satya Nemana Director | Trustee | 5 | $0 |
Vinay Boppana Director | Trustee | 5 | $0 |
Financial Statements
| 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 | $253,228 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $253,228 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $253,228 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $52,393 |
| Grants and other assistance to domestic individuals. | $5,163 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| 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 | $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 | $13,345 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $9,932 |
| 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 | $185,313 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $272,248 |
| 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 | $272,248 |
| 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 | $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 | $272,248 |
| Total liabilities and net assets/fund balances | $272,248 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Global Hindu Heritage Foundation has recieved totaling $58,950.
| Awarding Organization | Amount |
|---|---|
Agarwal Family Foundation Rolling Hills, CA PURPOSE: HINDI HERITAGE & EDUCATION | $42,000 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $10,950 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: GENERAL SUPPORT | $2,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: GENERAL SUPPORT | $2,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: GENERAL SUPPORT | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Austin Hindu Temple And Community Center Austin, TX | $8,115,809 | $1,352,761 |
United Leuva Of Houston Corporation Houston, TX | $8,372,734 | $1,140,295 |
Houston Durga Bari Society Houston, TX | $2,387,674 | $421,535 |
Ashtalakshmi Temple Sugarland, TX | $4,405,834 | $389,169 |
Hindu Temple Of The Woodlands The Woodlands, TX | $8,165,149 | $1,285,198 |
Chinmaya Mission Austin Austin, TX | $5,593,116 | $408,075 |
Sanskruti Foundation Houston, TX | $762,247 | $979,437 |
Sri Harihara Peetham Coppell, TX | $1,118,849 | $490,505 |
Sanatan Shiv Shakti Mandir Of Houston Inc Houston, TX | $1,041,991 | $251,091 |
Hindu Temple Of Central Arkansas Inc Little Rock, AR | $3,217,690 | $632,883 |
Dallas-Fort Worth Maharashtra Mandal Plano, TX | $261,650 | $237,662 |
Gurughar Inc Frisco, TX | $1,430,991 | $283,817 |