Krs Education And Rural Development Foundation Inc

Organization Overview

Krs Education And Rural Development Foundation Inc is located in Decatur, GA. The organization was established in 1991. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Krs Education And Rural Development Foundation 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 12/2022, Krs Education And Rural Development Foundation Inc generated $14.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (14.0%) each year. All expenses for the organization totaled $40.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

KRS EDUCATION AND RURAL DEVELOPMENT FOUNDATION IS A NON-PROFIT ORGANIZATION, FOUNDED IN 1991, TO HELP IMPROVE THE QUALITY OF LIFE AND LIVING CONDITIONS OF PEOPLE LIVING IN INDIAS ECONOMICALLY-POOR FARMING VILLAGES.KRS IS HEADQUARTERED IN THE USA AND WE WORK ALONGSIDE LOCAL RESIDENTS FROM KRS'S VILLAGES IN INDIA TO CREATE PROGRAMMING AND SERVICES TO MEET THE COMMUNITY'S NEEDS. KRS FOUNDATION IS RUN BY VOLUNTEERS WHO COME FROM THE SAME VILLAGES WE WORK IN, GIVING US A GREATER UNDERSTANDING AS TO HOW CHANGE CAN HAPPEN IN THESE COMMUNITIES.THE PRINCIPAL MISSION OF KRS FOUNDATION IS TO IMPLEMENT AND SUPPORT PROJECTS THAT PROVIDE ACCESS TO QUALITY EDUCATION AND HEALTH CARE FOR CHILDREN AND WOMEN LIVING IN FARMING VILLAGES IN INDIA. THIS INCLUDES A FOCUS ON ECONOMIC EMPOWERMENT PROJECTS FOR WOMEN, PROVIDING HOUSEHOLD INCOME THAT CAN HELP FAMILIES THRIVE.KRS ALSO SUPPORTS FUNDRAISERS AND ACTIVITIES IN THE USA TO HELP ENCOURAGE UNDERSTANDING AND OUR PRINCIPLES OF SERVICE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE KRS FOUNDATION DOES NOT GENERATE REVENUE FROM ITS ACTIVITIES. $900 OF THE DONATIONS WERE DIRECTED TO THE EDUCATION WORK IN INDIA. THE REMAINING DONATIONS ARE FOR GENERAL FUNDS THAT GO TO SUPPORTING ALL OF KRS'S WORK.KRS FOUNDATION'S PROGRAMS PROVIDE BETTER ACCESS TO EDUCATION AND HEALTH CARE. CURRENTLY, THE ORGANIZATION'S EFFORTS ARE CONCENTRATED IN FOUR ADOPTED VILLAGES: SUGGANAHALLI (MAGADI TALUK), PATTANAYAKANAHALLI (SIRA TALUK), KURUBARAHALLI (CHANNAPATNA TALUK), AND KENKERE (MAGADI TALUK), ALL IN THE STATE OF KARNATAKA. TO DATE, THE KRS FOUNDATION HAS COMPLETED NEARLY 100 PROJECTS FOCUSED ON THE FOLLOWING GOALS:ACCESS TO A QUALITY EDUCATIONEDUCATION IS A CRUCIAL PART OF THE KRS FOUNDATIONS WORK AND HAS BEEN OUR FOCUS FROM THE BEGINNING. WE BUILD AND SUPPORT SCHOOLS IN OUR ADOPTED VILLAGES, AS WELL AS PROVIDES SCHOLARSHIPS AND ACCESS TO LIVE-IN HOSTELS FOR STUDENTS.ACCESS TO HEALTH CAREPROVIDING FREE AND ACCESSIBLE HEALTH CARE IS VITAL TO A COMMUNITY'S SUSTAINABILITY. WE FOCUS ON PREVENTATIVE CARE THROUGH OUTREACH PROJECTS LIKE OUR REGULAR HEALTH CAMPS. ADDITIONALLY, THE KRS FOUNDATION HAS BUILT A HEALTH CARE CLINIC IN SUGGANAHALLI, WHICH PROVIDES MUCH-NEEDED SERVICES LIKE MATERNAL HEALTH CARE.ECONOMIC EMPOWERMENTTHE KRS FOUNDATION HAS RUN AN INTEREST-FREE MICRO-LOAN PROGRAM, "NIVARANA," SINCE 1998. THIS PROGRAM WAS A DIRECT REQUEST FROM MANY WOMEN IN OUR ADOPTED VILLAGES WHO WERE INTERESTED IN BECOMING ECONOMICALLY SELF-SUFFICIENT. IN A RURAL FARMING COMMUNITY WHERE MOST FAMILIES LIVELIHOOD DEPENDS ON CROP YIELDS, THIS PROGRAM PROVIDES ADDED ECONOMIC SECURITY.DUE TO INDIA LAW, THE ORGANIZATION WAS UNABLE TO DIRECTLY CONTRIBUTE ANY FUNDS TO THE VILLAGES DURING 2021. DURING 2022, THE ORGANIZATION RECEIVED APPROVAL TO CONTINUE TO FUND THE VILLAGES AND SO CONTRIBUTIONS WILL RESUME IN 2022.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $4,776
Interest on Savings $0
Dividends & Interest $9,703
Net Rental Income$0
Net Gain on Sale of Assets -$89
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $14,390

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