Sevika Foundation
- Assets
- $58.9k
- Revenue
- $1.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Brownsville, TX
- Founding
- 01/2020
- Data as of
- 12/2022
- EIN
- 84-4041776
Organization Overview
Sevika Foundation is located in Brownsville, TX. The organization was established in 2020. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Sevika 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, Sevika Foundation generated $1.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (61.4%) each year. All expenses for the organization totaled $21.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Sevika Foundation has awarded 16 individual grants totaling $103,150. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAVEL LECTURE EYE HOSPITAL
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,000 |
| 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 | $873 |
| Printing and publications | $0 |
| Other expenses | $234 |
| Total operating and administrative expenses | $1,507 |
| Contributions, gifts, grants paid | $20,128 |
| Total expenses and disbursements | $21,635 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,856 |
| Savings and temporary cash investments | $0 |
| 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 | $58,856 |
| 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, Sevika Foundation has awarded $20,128 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
UTRGV PURPOSE: A CALL TO LEADERSHIP LUNCHEON | $1,000 |
SURGICAL EYE EXPEDITIONS INTERNATIO PURPOSE: TO TREAT PREVENTABLE BLINDNESS | $1,000 |
ANITHA NARAYANAN PURPOSE: STUDENT OF UTRGV | $500 |
STIFTUNGLIFE FOUNDATION PURPOSE: SPORNSORSHIP SUPPORT OF CHILD | $2,867 |
AMERICA INDIA FOUNDATION PURPOSE: DONATION TO CIRCLE OF HOPE A GIRLS' EDUCATION INITIATIVE | $1,100 |
JUNIOR LEAGUE OF SAN ANTONIO PURPOSE: DONATION TO KIDS' MENTAL HEALTH PROJECT. | $500 |