Nikirahul Foundation Inc
- Assets
- $383.3k
- Revenue
- $11.1k
- Investments
- $373.8k
- Employees
- 0
- Location
- Cornwallonhudson, NY
- Founding
- 08/2011
- Data as of
- 12/2023
- EIN
- 61-1583271
Organization Overview
Nikirahul Foundation Inc is located in Cornwallonhudson, NY. The organization was established in 2011. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nikirahul 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 12/2023, Nikirahul Foundation Inc generated $11.1k 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 (14.1%) each year. All expenses for the organization totaled $87.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Nikirahul Foundation Inc has awarded 13 individual grants totaling $175,649. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rabi Sinha President | 0.5 | $0 | |
Dharm Yadav Director | 0.5 | $0 | |
Pramila Yadav Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $55 |
| Dividends & Interest | $18,699 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$7,868 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $220 |
| Total Revenue | $11,106 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $379 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,019 |
| Total operating and administrative expenses | $4,298 |
| Contributions, gifts, grants paid | $83,375 |
| Total expenses and disbursements | $87,673 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,512 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $383,270 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Nikirahul Foundation Inc has awarded $83,375 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
SANKAR EYE FOUNDATION PURPOSE: CHARITY | $5,096 |
TOURO UNIVE PURPOSE: CHARITY | $350 |
NY MED COLLEGE PURPOSE: CHARITY | $71,429 |
HINDU SAMAJ PURPOSE: CHARITY | $500 |
FRIENDS OF SUE SERINO PURPOSE: CHARITY | $1,000 |
F KAL VIDYALAYA FDN PURPOSE: CHARITY | $5,000 |