Mithil Prasad Foundation
- Assets
- $90.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Jose, CA
- Founding
- 01/2018
- Data as of
- 12/2022
- EIN
- 82-2331553
Organization Overview
Mithil Prasad Foundation is located in San Jose, CA. The organization was established in 2018. According to its NTEE Classification (H11) the organization is classified as: Single Organization Support, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mithil Prasad Foundation 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, Mithil Prasad Foundation generated $121.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $124.1k during the year ending 12/2022. While expenses have increased by 5.6% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarva Channarajurs President | 30 | $0 | |
Rachna Prasad Vice President | 2 | $0 | |
Prasad Rao Treasurer | 6 | $0 | |
Dr Nicholas Vitanza Board Member | 0.25 | $0 | |
Noah Bopp Board Member | 0.25 | $0 | |
Elias Herrera Board Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $120,953 |
| Other Revenue | $0 |
| Total Revenue | $120,953 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $303 |
| Other expenses | $338 |
| Total expenses | $124,141 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $90,398 |
| Other assets | $0 |
| Total assets | $90,398 |
| Total liabilities | $0 |
| Net assets or fund balances | $90,398 |