Hindu Sanatan Center Of Panhandle Inc is located in Panama City, FL. The organization was established in 2014. 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 Sanatan Center Of Panhandle 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 12/2021, Hindu Sanatan Center Of Panhandle Inc generated $217.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $164.4k during the year ending 12/2021. 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
MISSION IS TO PROMOTE THE SOCIAL, CULTURAL AND EDUCATIONAL VALUES OF THE HINDU RELIGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE SOCIAL, CULTURAL AND EDUCATIONAL VALUES OF THE HINDU RELIGION.
TO PROMOTE THE SOCIAL, CULTURAL AND EDUCATIONAL VALUES OF THE HINDU
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nareshkumar Patel Director | Trustee | $0 | |
Bhaves Amin Director | Trustee | $0 | |
Hansaben Patel Director | Trustee | $0 | |
Kalpesh Patel Director | Trustee | $0 | |
Jayesh Bhakta Director | Trustee | $0 | |
Jayesh Patel Director | Trustee | $0 |
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 | $210,289 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $210,289 |
Total Program Service Revenue | $0 |
Investment income | $38 |
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 | $217,527 |
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 | $814 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $136 |
Advertising and promotion | $0 |
Office expenses | $703 |
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 | $2,938 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $33,408 |
Insurance | $23,792 |
All other expenses | $278 |
Total functional expenses | $164,369 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $190,309 |
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 | $917,130 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,610 |
Total assets | $1,109,049 |
Accounts payable and accrued expenses | $103 |
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 | $105,409 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $105,512 |
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 | $1,003,537 |
Total liabilities and net assets/fund balances | $1,109,049 |
Over the last fiscal year, we have identified 1 grants that Hindu Sanatan Center Of Panhandle Inc has recieved totaling $201.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $201 |
Organization Name | Assets | Revenue |
---|---|---|
Federation Of Jain Associations In North America Jaina South Daytona, FL | $2,142,942 | $3,133,959 |
Shree Shakti Mander Of Atlanta Inc Morrow, GA | $11,113,246 | $2,087,059 |
Kadava Patidar Samaj Inc Macon, GA | $18,053,992 | $2,351,534 |
Hindu University Of America Inc Orlando, FL | $2,205,663 | $2,461,596 |
Srikarunamayi Research Institute Of Meditation Center Forsyth, GA | $1,551,650 | $962,773 |
North America Shirdi Sai Temple Of Atlanta Inc Suwanee, GA | $10,149,196 | $1,283,690 |
Shree Swaminarayan Mandir Loyadham Inc Macon, GA | $2,757,501 | $1,011,082 |
Chinmaya Mission St Augustine Inc Elkton, FL | $564,965 | $537,135 |
Sri Ram Samsthan Inc Marietta, GA | $2,570,226 | $461,811 |
Gaudiya Vaishnava Association Inc Alpharetta, GA | $751,337 | $458,614 |
Hindu Temple Of Southwest Florida Inc Fort Myers, FL | $3,904,536 | $439,667 |
Hindu Society Of Alabama Inc Pike Road, AL | $196,783 | $269,521 |