Vt Seva is located in Cranbury, NJ. The organization was established in 2009. According to its NTEE Classification (T30) the organization is classified as: Public 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. VT Seva 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, VT Seva generated $1.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $1.5m during the year ending 12/2023. While expenses have increased by 8.9% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
VT SEVA PROMOTES UNDERSTANDING AND TOLERANCE IN SOCIETY BY EMPOWERING THE YOUTH WITH VALUE OF VOLUNTEERING AND PHILANTHROPY. ACTIVITIES ARE FOCUSED IN FOUR MAJOR AREAS A)EDUCATIONAL ACTIVITIES IN TRIBAL AREAS IN INDIA. B)EDUCATION TO BLIND CHILDREN/YOUTH. C)HEALTHCARE AND CANCER PROGRAMS. D)ENVIRONMENTAL PROTECTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VISUALLY CHALLENGED/TRIBAL SCHOOLS
COLLEGE/SCHOOL FOR VISUALLY CHALLENGED - VT SEVA EMPOWERS VISUALLY IMPAIRED CHILDREN BY PROVIDING THEM FREE QUALITY EDUCATION WITH THE BEST USE OF LATEST TECHNOLOGY, BOARDING FACILITIES, AND EDUCATIONAL MATERIAL. VT SEVA SUPPORTS THE FOLLOWING SCHOOLS AND COLLEGES FOR THE BLIND/VISUALLY CHALLENGED STUDENTS. A) NETHRA JUNIOR COLLEGE, SHAMSHABAD, HYDERABAD B) NETHRA DEGREE COLLEGE, SHAMSHABAD, HYDERABADTHE STUDENTS ARE EDUCATED USING COMPUTERS EQUIPPED WITH BRAILLE SOFTWARE AND BRAILLE PRINTERS.
OTHER WELFARE PROGRAMS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sri Chinna Jeeyar Swami CEO | Trustee | 2 | $0 |
Mr Kiran Vangala President | Trustee | 12 | $0 |
Mr Sudheer Koppu Secretary | Trustee | 12 | $0 |
Mr Rajiv Bandi Treasurer | Trustee | 12 | $0 |
Dr Reena Bommasani Joint Secretary | Trustee | 2 | $0 |
Mr Raghu Konda Joint Treasurer | Trustee | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,751,256 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,751,256 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
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 | $1,751,256 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $42,126 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $1,301,011 |
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 | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $12,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $9,871 |
Advertising and promotion | $2,370 |
Office expenses | $0 |
Information technology | $3,688 |
Royalties | $0 |
Occupancy | $35,865 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $832 |
All other expenses | $27,150 |
Total functional expenses | $1,502,388 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,148,833 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,148,833 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,234 |
Total liabilities | $1,234 |
Net assets without donor restrictions | $129,156 |
Net assets with donor restrictions | $1,018,443 |
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 | $1,148,833 |
Over the last fiscal year, Vt Seva has awarded $35,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
CITY OF ROCKPORT TEXAS PURPOSE: Hurricane Harvey Relief Fund | $10,000 |
GREATER HOUSTON COMMUNITY FOU PURPOSE: Hurricane Harvey Relief Fund | $25,000 |