Parvati Parameswara Temple Inc
- Assets
- $402.4k
- Revenue
- $151.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Groton, MA
- Founding
- 12/2011
- Data as of
- 12/2020
- EIN
- 45-2465255
Organization Overview
Parvati Parameswara Temple Inc is located in Groton, MA. The organization was established in 2011. 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. Parvati Parameswara Temple Inc 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, Parvati Parameswara Temple Inc generated $151.0k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $166.2k during the year ending 12/2020. 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
RELEGIOUS AND SPIRITUAL WORSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEACH SPIRITUAL AND RELIGIOUS VEDAS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Punyavathi Dendukuri President | OfficerTrustee | 30 | $0 |
Venkata B Dendukuri Sec/tr | OfficerTrustee | 50 | $0 |
Ravi Sivasankaran Board | Trustee | 10 | $0 |
Ravindra Thamma VP | Trustee | 10 | $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 | $150,932 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $150,932 |
| Total Program Service Revenue | $0 |
| Investment income | $97 |
| 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 | $151,029 |
| 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. | $30,000 |
| Compensation of current officers, directors, key employees. | $30,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,379 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $750 |
| 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 | $8,092 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,724 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $166,188 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,883 |
| Savings and temporary cash investments | $2,063 |
| 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 | $300,408 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $85,045 |
| Total assets | $402,399 |
| 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 | $91,239 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $91,239 |
| Net assets without donor restrictions | $311,160 |
| 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 | $311,160 |
| Total liabilities and net assets/fund balances | $402,399 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Parvati Parameswara Temple Inc has recieved totaling $7,310.
| Awarding Organization | Amount |
|---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $7,269 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $41 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nori Foundation Inc Baldwin, NY | $6,279,359 | $1,115,588 |
Sivananda Yoga Vedanta Center Inc New York, NY | $2,014,706 | $165,117 |
Connecticut Sikh Association Inc Southington, CT | $1,915,046 | $210,209 |
Shiv Shakti Peeth Hindu Temple Floral Park, NY | $5,604,397 | $256,202 |
Jain Temple Of New York Corp Garden City Park, NY | $2,273,383 | $478,128 |
Childrens Ashram Fund New Lebanon, NY | $778,688 | $250,611 |
Sri Durga Mandir Inc Brooklyn, NY | $12,873 | $0 |
Vivekananda Retreat Ridgely Stone Ridge, NY | $1,166,018 | $160,410 |
India Heritage Foundation Boston Shrewsbury, MA | $1,521,037 | $348,953 |
Parvati Parameswara Temple Inc Groton, MA | $402,399 | $151,029 |
Mahraz Darshan Das Charitable Trust Mineola, NY | $995,509 | $132,601 |
Shri Navagraha Devasthanam Of North America Inc Mineola, NY | $586,429 | $147,015 |