Kolkata Foundation Inc
- Assets
- $630.6k
- Revenue
- $201.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Princeton, NJ
- Founding
- 09/2017
- Data as of
- 12/2022
- EIN
- 81-4479308
Organization Overview
Kolkata Foundation Inc is located in Princeton, NJ. The organization was established in 2017. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kolkata 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.
For the year ending 12/2022, Kolkata Foundation Inc generated $201.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $85.6k during the year ending 12/2022. 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
KOLKATA FOUNDATION IS A GLOBAL NON-PROFIT ORGANISATION WORKING TO IMPROVE LIVES OF THE UNDERPRIVILEDGED IN KOLKATA THROUGH HIGH IMPACT SOCIAL INTERVENTIONS IN EDUCATION,WOMEN'S EMPOWERMENT AND HEALTHCARE. IT IS A CALL TO ACTION TO UNITE, GIVE, CHANGE LIVES AND KINDLE HOPE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VARIOUS EDUCATION PROJECTS, INCLUDING (1) SUPPORTED THE SAMARITAN PUBLIC SCHOOL AT BANKRA, WEST BENGAL TO PROVIDE EDUCATION TO ~1,375 UNDERPRIVILEGED BOYS AND GIRLS OF THE LOCAL SLUM AREAS. (2) SUPPORTED A REMEDIAL LEARNING INITIATIVE WITH EK TARA TO HELP ~300 UNDERPRIVILEGED PRIMARY AND MIDDLE SCHOOL CHILDREN OF TILJALA AND TOPSIA BUSTEES IN KOLKATA MAKE UP THEIR LEARNING LOSS DUE TO THE DEVASTATING EFFECTS OF COVID, THROUGH ~1,100 HOURS OF REMEDIAL CLASSES ACROSS ~850 CLASS DAYS DURING THE YEAR (3) SUPPORTED 7 CENTERS OF MUKTI SUPPORT SCHOOLS IN THE SUNDERBAN AREAS ON 24 PARGANAS, WEST BENGAL, REACH ~450 STUDENTS WITH AN ATTEMPT TO BRIDGE THE RURAL-URBAN GAP IN LITERACY.
VARIOUS HEALTH CARE PROJECTS, INCLUDING (1) PROVIDED HOSPITAL EQUIPMENT TO NANRITAM TO ENABLE CATARACT SURGERY AND QUALITY EYE CARE TREATMENT TO THE UNDER PRIVILEGED. DURING THE YEAR ABOUT 4,000 PATIENTS BENEFITED FROM THE PRO COMPUTER VISION PHOROPTER, AND ABOUT 650 PATIENTS BENEFITED FROM THE MOTORIZED OPERATION THEATER TABLE, PROVIDED BY THE FOUNDATION (2) SUPPORTED RURAL HEALTH CARE FOUNDATION (RHCF) IN RUNNING TWO PRIMARY MEDICAL CENTERS, EACH CENTER SERVING OVER 40 VILLAGES, TO PROVIDE HIGH QUALITY MEDICAL CARE TO THE POOR AND UNDER-SERVED COMMUNITIES. ABOUT 34,000 PATIENTS WERE SERVED FROM THESE TWO CENTERS (3) ALSO SUPPORTED RHCF IN STRENGTHENING THE HEALTH OF RURAL POOR BY REACHING OUT TO THEM WITH TRAINED PEOPLE TO ENSURE EARLY DIAGNOSIS AND EFFECTIVE TREATMENT OF UNDERLYING DISEASE AND AILMENTS FOR COMMON DISORDERS, ESPECIALLY WHEN THEY ARE ASYMPTOMATIC (4) SUPPORTED MUKTI WITH THEIR GRAM CLINIC TO TREAT ~1,600 UNDER PRIVILEGED PATIENTS FROM VILLAGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dhritiman Banerjee Trustee And President | Trustee | 15 | $0 |
Nitin Kotak Trustee And Treasurer | Trustee | 12 | $0 |
Manab Sen Trustee And Secretary | Trustee | 5 | $0 |
Financial Statements
| 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 | $200,938 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $200,938 |
| Total Program Service Revenue | $0 |
| Investment income | $145 |
| 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 | $201,083 |
| 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 | $79,035 |
| 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 | $5,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,296 |
| Information technology | $311 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $85,642 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,706 |
| Savings and temporary cash investments | $593,871 |
| 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 | $630,577 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $630,577 |
| 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 | $630,577 |