Indian American Friendship Council
- Assets
- $608.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Irving, TX
- Founding
- 08/2006
- Data as of
- 12/2021
- EIN
- 95-4822891
Organization Overview
Indian American Friendship Council is located in Irving, TX. The organization was established in 2006. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, 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. Indian American Friendship Council is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE BETTER UNDERSTANDING, EDUCATE AND BUILD GOODWIL BETWEEN THE UNITED STATES AND INDIA
Describe the Organization's Program Activity:
Part 3 - Line 4a
INCOME FROM DONATIONS
INTEREST INCOME
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Krishna M Reddy Chairman | Trustee | 3 | $0 |
Babu Rajendra Prasad Thotakura President | Trustee | 3 | $0 |
Amarnath Gowda Vice President | Trustee | 3 | $0 |
Tanvir Arfi Treasurer | Trustee | 3 | $0 |
Subba Rao Kolla Secretary | Trustee | 3 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $0 |
| 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 | $0 |
| 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 | $0 |
| 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 | $2,828 |
| Information technology | $0 |
| 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 | $785 |
| Total functional expenses | $12,255 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,524 |
| Savings and temporary cash investments | $40,124 |
| 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 | $532,772 |
| Total assets | $608,420 |
| 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 | $0 |
| 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 | $608,420 |
| Total liabilities and net assets/fund balances | $608,420 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Indian American Friendship Council has recieved totaling $12,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $6,000 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eurasia Group Foundation Albuquerque, NM | $704,541 | $1,068,150 |
Japan-America Society Of Dallas Fort Worth Plano, TX | $1,009,561 | $671,573 |
Jerusalem Peacebuilders Inc Houston, TX | $388,949 | $428,560 |
Japan-America Society Of Houston Inc Houston, TX | $711,852 | $291,379 |
Arbol De Vida El Paso, TX | $357,948 | $298,187 |
Tulsa Global Alliance Inc Tulsa, OK | $530,149 | $266,677 |
Sphoorti Foundation Usa Frisco, TX | $715,133 | $419,642 |
Lao American Association Houston, TX | $224,166 | $0 |
Odisha Society Of The Americas Cedar Park, TX | $991,570 | $374,213 |
Center For International Studies Albuquerque, NM | $329,189 | $0 |
Council On American Islamic-Relations Austin Texas Austin, TX | $78,982 | $0 |
Limina Foundation Santa Fe, NM | $84,021 | $0 |