Porijon Inc
- Assets
- $80.5k
- Revenue
- $113.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Katy, TX
- Founding
- 07/2002
- Data as of
- 12/2022
- EIN
- 76-0669919
Organization Overview
Porijon Inc is located in Katy, TX. The organization was established in 2002. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Porijon 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, Porijon Inc generated $113.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.5%) each year. All expenses for the organization totaled $113.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Porijon Inc has awarded 12 individual grants totaling $286,298. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
MONTHLY ONEOFF STIPEND TO 387 NEEDY HIGH PERFORMING STUDENTS TO ENABLE EDUCATION IN 40 UNIVERSITIES COLLEGES THROUGHOUT BANGLADESH EACH STUDENT RECEIVES 12 TO 24 PER MONTH DEPENDING ON FINANCIAL NEEDS PERFORMANCE
OCCASIONAL DISTRIBUTION OF MEAL MEAT FOOD ITEMS CASH TO ORPHANS POOR DISTRIBUTED MEAT MEALS FOOD STUFF IN POOR COMMUNITIES FEEDING 1000S GIVEN 20 EACH TO 1000 DISASTER IMPACTED OTHERWISE DESTITUTE FAMILIES
MONTHLY PAYMENT TO 90 FAMILIES FOR ROUTINE LIVING EXPENSES SCHOOLING FOOD MEDICATIONS ETC MOST ARE DISABLED DUE TO MEDICAL CONDITIONS AGE WORKING WIDOWS WITH KIDS ATTENDING K10 EACH FAMILY RECEIVES 10 TO 20 PER MONTH
ONE OFF PAYMENT TO PREVENT DEBTBONDAGE FOR SCHOOL SUPPLY EMERGENCY NEEDS LIVESTOCK FOR LIVELIHOOD MARRYING OFF GIRLS IN DESTITUTENESS TIN SHED HUTS MEDICINE MEDICAL PROCEDURES SUPPLEMENTED PRIMARY TEACHERS SALARY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Areef A Choudhury CEO CFO | 40 | $0 | |
Azfar A Choudhury President | 5 | $0 | |
Iftakhar A Choudhury Chairman | 2 | $0 | |
Maureen C Tavernaro Director | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $119,752 |
| Interest on Savings | $47 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$5,999 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $113,800 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $1,675 |
| Pension plans, employee benefits | $2,705 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $3,033 |
| Travel, conferences, and meetings | $10,370 |
| Printing and publications | $199 |
| Other expenses | $0 |
| Total operating and administrative expenses | $17,982 |
| Contributions, gifts, grants paid | $95,638 |
| Total expenses and disbursements | $113,620 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $196 |
| Savings and temporary cash investments | $80,288 |
| 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 | $80,484 |
| 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, Porijon Inc has awarded $95,638 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
387 NEEDY STUDENTS IN 40 UNIVERSITIES PURPOSE: ADV EDUCATION FOR DESTITUTE STUDENTS | $49,178 |
1000S OF DESTITUTES IN 10S OF VILLAGES PURPOSE: ASSIST POOR W HOUSINGMEALSCASHFOOD STUFF | $30,033 |
90 POOR FAMILIES IN 10S OF VILLAGES PURPOSE: FOODMEDICINE FOR DISABLEDUNEMPLOYABLE | $14,159 |
10S OF TEACHERS & FAMILIES FOR LIVELIHOOD & MEDICINE PURPOSE: LESSEN SERVITUDE FROM SURVIVAL LOAN | $2,268 |