Pothula & Parchment Inc
- Assets
- $48.6k
- Revenue
- $36.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Wellington, FL
- Founding
- 05/2019
- Data as of
- 12/2022
- EIN
- 83-1809343
Organization Overview
Pothula & Parchment Inc is located in Wellington, FL. The organization was established in 2019. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Pothula & Parchment 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, Pothula & Parchment Inc generated $36.7k in total revenue.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
HYPERTENSION PREVENTION
DIABETES PREVENTION
BREAST CANCER PREVENTION
PROSTATE CANCER PREVENTION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Viswanadham Pothula President | 0 | $0 | |
None Treasurer | 0 | $0 | |
Jay Pothula Director | 0 | $0 | |
Neil Pothula Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $55 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,628 |
| Capital Gain Net Income | $11,628 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $36,683 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,000 |
| Printing and publications | $1,050 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,400 |
| Contributions, gifts, grants paid | $21,213 |
| Total expenses and disbursements | $23,613 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,977 |
| Savings and temporary cash investments | $43,664 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $48,641 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Pothula & Parchment Inc has awarded $21,213 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BOISE SCHOOL DISTRICT PURPOSE: EDUCATION | $11,213 |
POTHULA AND PARCHMENT INC PURPOSE: EDUCATION | $10,000 |