Raaga Inc
- Assets
- $14.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Myers, FL
- Founding
- 09/2015
- Data as of
- 12/2020
- EIN
- 47-3338708
Organization Overview
Raaga Inc is located in Fort Myers, FL. The organization was established in 2015. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Raaga 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, Raaga Inc generated $3.1k 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 (40.0%) each year. All expenses for the organization totaled $2.5k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (41.7%) per year over the past 6 years. 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 |
|---|---|---|---|
Rathna Bushan Director | 1 | $0 | |
Shirley Bharath Asst Secretary | 1 | $0 | |
Shobha Uttamchandani Treasurer | 1 | $0 | |
Mallika Nandur Director | 1 | $0 | |
Anantalakshmi Krishnan President | 1 | $0 | |
Neenu Pratap Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,388 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,350 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$16,114 |
| Other Revenue | $1,522 |
| Total Revenue | $3,146 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $168 |
| Other expenses | $2,295 |
| Total expenses | $2,463 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,630 |
| Other assets | $0 |
| Total assets | $14,630 |
| Total liabilities | $0 |
| Net assets or fund balances | $14,630 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Raaga Inc has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
Asvins Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $2,000 |
Sehgal Foundation Des Moines, IA PURPOSE: CHARITABLE | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shearim Corp Miami, FL | $110,292 | $3,846,481 |
New Era Culture & Education Center Inc Miramar, FL | $789,322 | $2,032,523 |
Latino Leadership Inc Orlando, FL | $711,924 | $1,637,613 |
Souls Grown Deep Community Partnership Inc Atlanta, GA | $880,696 | $744,221 |
National Black Arts Festival Inc Atlanta, GA | $1,026,989 | $1,260,210 |
Florida Education Association Altamonte Springs, FL | $560,283 | $488,881 |
Georgia Nihongo Gakko Inc Mableton, GA | $743,833 | $554,885 |
Kirby Family Farm Williston, FL | $5,815,422 | $492,608 |
Alliance Francaise Of Atlanta Inc Atlanta, GA | $569,418 | $608,131 |
Friends Of Goethe Inc Atlanta, GA | $351,250 | $557,862 |
Centro Cultural Espanol De Cooperacion Iberoamericana Inc Miami, FL | $443,362 | $551,333 |
Philippine Cultural Foundation Inc Tampa, FL | $1,277,183 | $484,563 |