Regional Indo American Cultural Center
- Assets
- $291.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kingsport, TN
- Founding
- 04/2004
- Data as of
- 12/2021
- EIN
- 62-1497843
Organization Overview
Regional Indo American Cultural Center is located in Kingsport, TN. The organization was established in 2004. 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. Regional Indo American Cultural 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, Regional Indo American Cultural Center generated $80.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $61.8k during the year ending 12/2021. While expenses have increased by 3.4% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ANNIVERSARY/NAVRATRI -START OF INDIAN FESTIVE SEASON EXPENSES, 130 PEOPLE ATTENDED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Manoj Srinath Trustee Of Board | 2 | $0 | |
Darshan Shah Trustee Of Board | 2 | $0 | |
Ashok Mehta Trustee Of Board | 4 | $0 | |
Atul Shukla Secretary Of Board Of Trustee | 2 | $0 | |
Puneet Goenka Trustee Of Board | 2 | $0 | |
Smita Bangaru President | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,728 |
| Total Program Service Revenue | $0 |
| Membership dues | $13,051 |
| Investment income | $170 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,420 |
| Other Revenue | $0 |
| Total Revenue | $80,369 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $24,950 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $27,488 |
| Printing, publications, postage, and shipping | $451 |
| Other expenses | $8,916 |
| Total expenses | $61,805 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $226,290 |
| Other assets | $0 |
| Total assets | $291,850 |
| Total liabilities | $0 |
| Net assets or fund balances | $291,850 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Regional Indo American Cultural Center has recieved totaling $9,500.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: Social Services/Social Benefits | $9,500 |
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