Shravasti Foundation
- Assets
- $33.4k
- Revenue
- $15.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Fremont, CA
- Founding
- Data as of
- 08/2023
- EIN
- 85-3624055
Organization Overview
Shravasti Foundation is located in Fremont, CA. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shravasti 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 08/2023, Shravasti Foundation generated $15.4k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $5.1k during the year ending 08/2023. While expenses have increased by 9.2% per year over the past 3 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SRAVASTI AWARDS AIM TO RECOGNIZE ALL GOOD DEEDS THAT PROMOTE COMPASSION AND EMPATHY, BENEFIT MANKIND, AND PROTECT THE ENVIRONMENT. AT ITS CORE, THE AWARDS HOPE TO SPREAD THE FAITH OF "MUTUAL LOVE AND "SYMBIOSIS" THROUGH CELEBRATED ROLE MODELS. IT HAS AWARDED THREE INDIVIDUALS FOR THEIR ACHIEVEMENT IN "SPIRITUAL LEADERSHIP", "HUMANITY AND "ENVIRONMENTAL PROTECTION".
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Xinglu Li CEO & CFO | 10 | $0 | |
Charles Law Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,371 |
| 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 | $15,371 |
| 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 | $0 |
| Printing and publications | $0 |
| Other expenses | $83 |
| Total operating and administrative expenses | $5,083 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $5,083 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,434 |
| 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 | $33,434 |
| 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, Shravasti Foundation has awarded $30,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
HIS HOLINESS PUJYA SWAMI CHIDANAND PURPOSE: THE 1ST SRAVASTI SPIRITUAL LEADERSHIP AWARD | $5,000 |
DR HER REY SHENG PURPOSE: THE 1ST SRAVASTI HUMANITY AWARD | $5,000 |
DR MOHAMMED DEENDAROKHAN PURPOSE: THE 1ST SRAVASTI ENVIRONMENTAL PROTECTION AWARD | $5,000 |
HIS HOLINESS PUJYA SWAMI CHIDANAND PURPOSE: THE 1ST SRAVASTI SPIRITUAL LEADERSHIP AWARD | $5,000 |
DR HER REY SHENG PURPOSE: THE 1ST SRAVASTI HUMANITY AWARD | $5,000 |
DR MOHAMMED DEENDAROKHAN PURPOSE: THE 1ST SRAVASTI ENVIRONMENTAL PROTECTION AWARD | $5,000 |