Association Of Los Angeles Physicians Of Indian Origin
- Assets
- $808.5k
- Revenue
- $193.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Monica, CA
- Founding
- 06/2014
- Data as of
- 12/2022
- EIN
- 46-3341779
Organization Overview
Association Of Los Angeles Physicians Of Indian Origin is located in Santa Monica, CA. The organization was established in 2014. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., 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. Association Of Los Angeles Physicians Of Indian Origin 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 12/2022, Association Of Los Angeles Physicians Of Indian Origin generated $193.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.8% each year . All expenses for the organization totaled $104.1k during the year ending 12/2022. While expenses have increased by 5.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE OBJECTIVES OF THIS ASSOCIATION SHALL BE TO PROMOTE THE INTEREST OF AND TO INCREASE THE USEFULNESS AND AWARENESS OF ITS MEMBERS IN ADVANCING MEDICAL EDUCATION AND IMPROVING HEALTH CARE OF THE SICK. THE ASSOCIATION SHALL PROMOTE THE ACQUIANTANCE AND GOOD FELLOWHIP FOR THE MUTUAL BENEFIT OF THE MEMBERS AND SPECIFICALLY:1. ENHANCE EDUCATIONAL ACTIVITIES PROVIDING CONTINUING MEDICAL EDUCATION PROGRAMS TO ITS MEMBERS.2. FOSTER CULTURAL AND SOCIAL BONDS FOR ITS MEMBERS AND THEIR FAMILIES.3. PROVIDE ASSISTANCE TO ITS MEMBERS, I.E. LEGAL, ADMINISTRATIVE, EDUCATIONAL, ETC.4. PROVIDE MEDICAL HELP TO THE INDIAN COMMUNITY AND THE COMMUNITY AT LARGE.5. PROVIDE FREE HEALTH CLINICS.6. PROVIDE AWARENESS / INFORMATION ON DEVELOPMENTS / CUTTING EDGE TECHNOLOGY ON SPECIFIC MEDICAL FIELDS TO FURTHER IMPROVE THE QUALITY OF CARE PROVIDED TO THE PUBLIC
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEETINGS ARE REGULARLY CONDUCTED TO PROMOTE ACQUAINTANCE AND FELLOWSHIP FOR THE MUTUAL BENEFIT OF ITS MEMBERS AND TO FOSTER CULTURAL AND SOCIAL BOND AMONG MEMBERS AND THEIR FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bharat Patel President | Trustee | 0 | $0 |
Shikha Bose Vice President | Trustee | 0 | $0 |
Swaraj Bose Treasurer | Trustee | 0 | $0 |
Parvin Syal Secretary | Trustee | 0 | $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 | $159,229 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $159,229 |
| Total Program Service Revenue | $0 |
| Investment income | $12,350 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $22,208 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $193,787 |
| 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. | $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 | $5,971 |
| 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 | $686 |
| Total functional expenses | $104,087 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $795,822 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,643 |
| Total assets | $808,465 |
| 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 | $808,465 |
| 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 | $808,465 |
Grants Awarded
Over the last fiscal year, Association Of Los Angeles Physicians Of Indian Origin has awarded $524,014 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ATMOS POWER PVT LTD PURPOSE: OXYGEN FOR COVID PATIENTS IN INDIA | $69,020 |
CAINO GROUP INTL LTD PURPOSE: OXYGEN FOR COVID PATIENTS IN INDIA | $214,998 |
LESTONAC FREE CLINIC PURPOSE: FREE CLINIC | $15,000 |
SHANGHAI CARE INDUSTRY CO LTD PURPOSE: OXYGEN FOR COVID PATIENTS IN INDIA | $175,000 |
SMART VILLAGE MOVEMENT PURPOSE: OXYGEN FOR COVID PATIENTS IN INDIA | $49,996 |