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Nonprofiteer
← BALLAL RAO FOUNDATION A NEW JERSEY NONPROFIT CORPORATION

Form 990 for tax year 2022

Filed by BALLAL RAO FOUNDATION A NEW JERSEY NONPROFIT CORPORATION.

Totals

Total revenue
$215,212
Total expenses
$27,690
Contributions and grants received
$194,644
Grants paid
$27,500
Program service revenue
$0
Investment income
$20,568
Other revenue
$0
Total assets, end of year
$497,030
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$497,030
Program services expenses (Part IX)
$27,690
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$27,690

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $194,644

  • 1g · Noncash contributions included above

    $194,644

  • 3 · Investment income

    total $8,911 · related or exempt $8,911

  • 7a · Gross sales of assets other than inventory

    securities $202,482

  • 7b · Less cost or other basis and sales expenses

    securities $190,825

  • 7c · Gain or loss

    securities $11,657

  • 7d · Net gain or loss

    total $11,657 · related or exempt $11,657

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $27,500 · program services $27,500

  • 13 · Office expenses

    total $190 · program services $190

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $37,198 · end of year $225,664

  • 11 · Investments: publicly traded securities

    beginning of year $314,442 · end of year $271,366

  • 27 · Net assets without donor restrictions

    beginning of year $351,640 · end of year $497,030

Mission and programs · 2022

Mission

SUPPORT EXEMPT EDUCATIONAL ORGANIZATIONS AND OTHER EXEMPT CHARITABLE ORGANIZATIONS

  • SUPPORTED LOCAL HOSPITAL FOUNDATION

    Expenses $25,000 · Grants $25,000

  • SUPPORTED LOCAL GIRLS SCHOOL

    Expenses $2,500 · Grants $2,500

  • CONTRIBUTIONS MADE TO SUPPORT OTHER EXEMPT ORGANIZATIONS PER MISSION STATETMENT

    Expenses $190

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Kishore Ballal

    TRUSTEE CHAI

    Total calculated
    $0
  • Maithili Rao

    TRUSTEE

    Total calculated
    $0
  • Cindy Ganci

    TRUSTEE

    Total calculated
    $0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • FOUNDATION FOR HACKETTSTOWN MEDICAL CENTER

    $25,000

Provenance

Return type
form_990
Tax year
2022
Filed
23 June 2023
IRS schema version
2022v5.0
Source object
202341749349300634

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