Hindu Temple Of Frisco
- Assets
- $1.1m
- Revenue
- $592.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Frisco, TX
- Founding
- 04/2018
- Data as of
- 12/2021
- EIN
- 46-4530586
Organization Overview
Hindu Temple Of Frisco is located in Frisco, TX. The organization was established in 2018. 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. Hindu Temple Of Frisco 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, Hindu Temple Of Frisco generated $592.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 55.0% each year . All expenses for the organization totaled $187.5k during the year ending 12/2021. While expenses have increased by 40.4% per year over the past 5 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
THE TEMPLE IS ORGANIZED TO HAVE A PLACE OF WORSHIP. OPERATED EXCLUSIVELY FOR RELIGIOUS POOJAS/ARCHANAS, CHARITABLE AND EDUCATION PURPOSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEMPLE REPORTING HINDU RELIGIOUS ACTIVITIES SUCH AS POOJAS AND ARCHANAS FOR DEVOTEES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Srikumar S Sankaramanchi Director | OfficerTrustee | 40 | $0 |
Kameswar Rao Ati Director | Trustee | 0 | $0 |
Rajeswari Sankaramanchi Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $592,783 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $592,783 |
| 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 | $592,783 |
| 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. | $30,850 |
| Compensation of current officers, directors, key employees. | $30,850 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,360 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,650 |
| 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 | $131,341 |
| 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 | $1,272 |
| Insurance | $0 |
| All other expenses | $8,686 |
| Total functional expenses | $187,525 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $206,998 |
| 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 | $853,612 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,245 |
| Total assets | $1,069,855 |
| 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 | $1,034 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $180,208 |
| Total liabilities | $181,242 |
| 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 | $888,613 |
| Total liabilities and net assets/fund balances | $1,069,855 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hindu Temple Of Frisco has recieved totaling $16,491.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $16,491 |
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 |