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Nonprofiteer
← LOTUS PETAL USA

Form 990 for tax year 2024

Filed by LOTUS PETAL USA.

Totals

Total revenue
$749,968
Total expenses
$708,737
Contributions and grants received
$749,965
Grants paid
$704,250
Program service revenue
$0
Investment income
$3
Other revenue
$0
Total assets, end of year
$88,691
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$88,691
Program services expenses (Part IX)
$704,250
Management and general expenses
$4,487
Fundraising expenses
$0
Program service expenses (Part III)
$704,250

Program services were 99.4% 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

    $749,965

  • 3 · Investment income

    total $3 · excluded $3

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $20,250 · program services $20,250

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $684,000 · program services $684,000

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $0

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $0

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $1,618 · management and general $1,618

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $0

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $0

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $0

  • 24a · Other expenses: Bank Charge

    total $2,710 · management and general $2,710

  • 24b · Other expenses: Software Subscriptions

    total $139 · management and general $139

  • 24c · Other expenses: Business Licenses and Fees

    total $20 · management and general $20

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $47,840 · end of year $88,071

  • 2 · Savings and temporary cash investments

    end of year $620

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    end of year $0

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $620 · end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,000

  • 31 · Retained earnings, endowment or other funds

    beginning of year $47,460 · end of year $88,691

Mission and programs · 2024

Mission

RAISE FUNDS TO HELP PROVIDE EDUCATION AND HEALTHCARE TO CHILDREN OF LOW-INCOME FAMILIES.

  • We continue to support the Lotus Petal Charitable Foundation in their efforts to provide education, healthcare, and nutrition to underprivileged children. In 2024, the foundation successfully ran Lotus Petal Senior Secondary School, using modern teaching tools and methods. Currently, they support about 1,121 students. Their e-learning platform also helps around 5,000 children in remote areas across 125 schools. Additionally, their new skill development center has trained about 2,650 students, equipping them with valuable job skills. This year, we contributed USD 684,000 to support their work.

    Expenses $684,000

  • We also donated USD 12,000 to the India Development and Relief Fund (IDRF), which helps marginalized communities by providing skills, services, and infrastructure for sustainable development.

    Expenses $12,000

  • We contributed USD 6,000 to the India Philanthropy Alliance (IPA), which brings together organizations working to advance development in India and promotes a culture of giving among Indian-Americans.

    Expenses $6,000

  • We also made a donation of USD 2,250 to CAF America, an organization specializing in international giving.

    Expenses $2,250

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Navneet S Chugh

    Board Member

    Total calculated
    $0
    Hours/week
    1.5
  • Mukesh Gupta

    Board Member

    Total calculated
    $0
    Hours/week
    1.5
  • Shanthi Ganeshan

    Board Member

    Total calculated
    $0
    Hours/week
    1.5
  • Monisha Gupta

    Board Member

    Total calculated
    $0
    Hours/week
    1.5
  • Ami Amin

    Board Member

    Total calculated
    $0
    Hours/week
    1.5
  • Nicole Jain

    Board Member

    Total calculated
    $0
    Hours/week
    1.5
  • Arun Sharma

    Board Member

    Total calculated
    $0
    Hours/week
    1.5
  • Yogesh Kasat

    Board Member

    Total calculated
    $0
    Hours/week
    1.5
  • Ravinder Pal Singh

    Board Member

    Total calculated
    $0
    Hours/week
    1.5
  • Urvee Juneja

    Board Member

    Total calculated
    $0
    Hours/week
    1.5
  • Pankaj Kumar

    Chairman

    Total calculated
    $0
    Hours/week
    2
  • Samir Pradhan

    Secretary

    Total calculated
    $0
    Hours/week
    1.5
  • Naveen Gurg

    CFO

    Total calculated
    $0
    Hours/week
    1.5

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

Provenance

Return type
form_990
Tax year
2024
Filed
3 April 2025
IRS schema version
2024v5.1
Source object
202530939349300313

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