Khalsa Gurmat Center is located in Olympia, WA. The organization was established in 2015. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., 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. Khalsa Gurmat Center 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, Khalsa Gurmat Center generated $471.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.9% each year . All expenses for the organization totaled $238.5k during the year ending 12/2021. While expenses have increased by 14.1% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO WORK ON EDUCATION AND EMPOWERMENT PROGRAMS FOR THE SIKH COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION ON SIKH HISTORY, PUNJABI LANGUAGE, ARTS, MATHS, CREATIVE COMPUTING AND CIVIC ENGAGEMENT
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jasmit Kochhar Board Member | Officer | 10 | $0 |
Hardeep Rekhi Board Member | Officer | 10 | $0 |
Diljit Sethi Board Member | Officer | 10 | $0 |
Sutinder Chawla Board Member | Officer | 10 | $0 |
Ranjit Pannu Board Member | Officer | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $82,497 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $351,620 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $434,117 |
Total Program Service Revenue | $0 |
Investment income | $160 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $37,598 |
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 | $471,875 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $5,500 |
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 | $3,550 |
Fees for services: Legal | $668 |
Fees for services: Accounting | $300 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,279 |
Office expenses | $13,264 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $66,252 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $29,170 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $73,618 |
Insurance | $4,633 |
All other expenses | $5,167 |
Total functional expenses | $238,505 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $53,003 |
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 | $10,000 |
Net Land, buildings, and equipment | $3,670,243 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,733,246 |
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 | $903,421 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $903,421 |
Net assets without donor restrictions | $2,829,825 |
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 | $3,733,246 |
Over the last fiscal year, we have identified 4 grants that Khalsa Gurmat Center has recieved totaling $120,364.
Awarding Organization | Amount |
---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $74,243 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $23,493 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $12,628 |
Group Health Foumdaiton Seattle, WA PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Bibleproject Portland, OR | $22,318,162 | $14,590,233 |
Kodiak Island Health Care Foundation Kodiak, AK | $4,297,226 | $8,824,628 |
Healing Lodge Of The Seven Nations Spokane Valley, WA | $10,467,262 | $8,285,211 |
Muslim Association Of Puget Sound Redmond, WA | $7,760,606 | $5,117,587 |
William Temple House Portland, OR | $4,383,500 | $3,360,205 |
Youth Dynamics Burlington, WA | $1,918,352 | $3,783,684 |
Falun Dafa Association Of Washington Seattle, WA | $371,330 | $1,383,207 |
Global Christian Communications Incorporated Salem, OR | $5,231,396 | $280,312 |
Interfaith Hospitality Network Of Spokane, WA | $3,515,540 | $2,601,551 |
Twinray Illuminations Ashland, OR | $2,205,075 | $1,900,582 |
Path Ministries International Bend, OR | $642,239 | $1,692,788 |
Nehemiah Project International Ministry Vancouver, WA | $853,817 | $1,398,248 |