Lakshmi & C Krishnamoorthy Foundation
- Assets
- $244.1k
- Revenue
- $1.2k
- Investments
- $237.2k
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-0691598
Organization Overview
Lakshmi & C Krishnamoorthy Foundation is located in Wilmington, DE. The organization was established in 2014. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lakshmi & C Krishnamoorthy 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, Lakshmi & C Krishnamoorthy Foundation generated $1.2k 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 (33.3%) each year. All expenses for the organization totaled $9.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lakshmi Krishnamoorthy Pres, Dir, Sec, VP | 2 | $1,200 | |
Chidambaram Krishnamoorthy Pres, Dir | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5 |
| Dividends & Interest | $8,227 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$7,004 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,228 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,200 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,025 |
| Total operating and administrative expenses | $6,225 |
| Contributions, gifts, grants paid | $2,910 |
| Total expenses and disbursements | $9,135 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,938 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $244,102 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Lakshmi & C Krishnamoorthy Foundation has awarded $2,910 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
Sarasota, FL PURPOSE: GENERAL & UNRESTRICTED | $360 |
Gainesville, FL PURPOSE: GENERAL & UNRESTRICTED | $310 |
Arcadia, CA PURPOSE: GENERAL & UNRESTRICTED | $260 |
Washington, DC PURPOSE: GENERAL & UNRESTRICTED | $200 |
AMERICAN CANCER SOCIETY PURPOSE: GENERAL & UNRESTRICTED | $200 |
Memphis, TN PURPOSE: GENERAL & UNRESTRICTED | $150 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Senior Community Services Inc Lakewood, NJ | $636,384 | $10,329,992 |
Newlands Health Philadelphia, PA | $1,159,090 | $8,229,782 |
Janet H And C Harry Knowles Foundation Inc Moorestown, NJ | $83,707,741 | $6,312,977 |
Transitional Services Inc Homestead, PA | $10,014,611 | $8,842,162 |
New Jersey Reentry Jersey City, NJ | $4,380,691 | $8,275,013 |
Emmaus Community Of Pittsburgh Pittsburgh, PA | $6,056,245 | $6,901,501 |
Commission On Case Manager Certification Mt Laurel, NJ | $5,786,406 | $5,906,549 |
Community At Holy Family Manor Inc Pittsburgh, PA | $2,157,302 | $4,230,845 |
Chai 4ever Inc Lakewood, NJ | $2,243,770 | $3,776,079 |
All Hazards Consortium Inc Frederick, MD | $860,935 | $3,674,057 |
Union-Snyder Agency On Aging Inc Lewisburg, PA | $2,513,520 | $3,702,952 |
Child First Authority Inc Baltimore, MD | $1,854,972 | $3,285,678 |