Akal Foundation Inc
- Assets
- $17.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Espanola, NM
- Founding
- 12/2016
- Data as of
- 12/2020
- EIN
- 81-3082771
Organization Overview
Akal Foundation Inc is located in Espanola, NM. The organization was established in 2016. 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. Akal 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
CHARITY GOLF TOURNAMENT FROM WHICH PROCEEDS ARE DONATED TO A LOCAL NON-PROFIT ORGANIZATION THAT FEEDS OVER 500 HUNGRY SCHOOL CHILDREN A WEEK WAS POSTPONED DUE TO COVID-19 PANDEMIC. IN LIEU OF THE TOURNAMENT, A DONATION DRIVE WAS CONDUCTED TO RAISE FUNDS IN ORDER TO CONTINUE FEEDING HUNGRY CHILDREN OF THE ESPANOLA VALLEY REGION OF NORTHERN NEW MEXICO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Siri Chand Khalsa Secretary | 1 | $0 | |
Sukhwinder Singh President | 1 | $0 | |
Dev Suroop Khalsa Director | 1 | $0 | |
Mehtab Khalsa Assistant Tr | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,942 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $29,942 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,691 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $65,391 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,479 |
| Other assets | $0 |
| Total assets | $17,479 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,479 |