Sri Veda Vidya Peetham is located in Tracy, CA. The organization was established in 2017. 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. Sri Veda Vidya Peetham 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 01/2022, Sri Veda Vidya Peetham generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 69.7% each year . All expenses for the organization totaled $330.3k during the year ending 01/2022. While expenses have increased by 43.0% per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
HINDU TEMPLE
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE HAVE OPERATED THE HINDU TEMPLE FOR THE TRACY CALIFORNIA AND TRI
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Venkateswara S Chintapalli | OfficerTrustee | 40 | $22,200 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $1,019,409 |
Investment income | $34 |
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 | $1,034,443 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $62,850 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $70,710 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $10,498 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $683 |
Advertising and promotion | $0 |
Office expenses | $4,365 |
Information technology | $4,303 |
Royalties | $0 |
Occupancy | $83,147 |
Travel | $2,256 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $95 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $54 |
All other expenses | $26,033 |
Total functional expenses | $330,278 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $460,103 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $370,255 |
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 | $103,266 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $933,624 |
Accounts payable and accrued expenses | $54,219 |
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 | $25,000 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $79,219 |
Net assets without donor restrictions | $854,405 |
Net assets with donor restrictions | $0 |
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 | $933,624 |
Over the last fiscal year, we have identified 2 grants that Sri Veda Vidya Peetham has recieved totaling $262,015.
Awarding Organization | Amount |
---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $261,930 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $85 |
Organization Name | Assets | Revenue |
---|---|---|
International Swaminarayan Satsang Organization Norwalk, CA | $67,125,410 | $11,122,147 |
Hindu Community And Cultural Center Livermore, CA | $29,918,422 | $6,891,698 |
Vedic Educational And Devotional Academy Milpitas, CA | $6,264,914 | $1,856,196 |
Shirdi Sai Darbar Cupertino, CA | $1,422,045 | $1,328,047 |
Hindu Educational And Cultural Society Of America Corp Portland, OR | $3,691,930 | $1,352,441 |
Shirdi Sai Parivaar Milpitas, CA | $8,061,083 | $887,614 |
Enlightened Living Enterprises Charitable Corp Kula, HI | $118,533 | $526,476 |
Sri Gaur Nitai Society Waialua, HI | $538,889 | $851,416 |
Pmht Inc Dublin, CA | $628,543 | $694,962 |
Leela Foundation Ashland, OR | $239,737 | $370,110 |
Hindu Mandir Society Of San Diego Inc San Diego, CA | $2,875,977 | $438,765 |
Mandir Irvine, CA | $1,455,296 | $672,084 |