What the amendment changed
Compared with the return it replaced , filed 14 November 2023. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
Both are the same on the two returns, so the amendment changed something else.
Totals
- Total revenue
- $13,391,366
- Total expenses
- $13,291,848
- Contributions and grants received
- $8,856,713
- Grants paid
- $11,113,838
- Program service revenue
- $0
- Investment income
- $125,455
- Other revenue
- $4,409,198
- Total assets, end of year
- $11,272,675
- Total liabilities, end of year
- $8,121,964
- Net assets or fund balances, end of year
- $3,150,711
- Program services expenses (Part IX)
- $11,563,859
- Management and general expenses
- $330,139
- Fundraising expenses
- $1,397,850
- Program service expenses (Part III)
- $11,563,859
Program services were 87.0% 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
$8,856,713
-
3 · Investment income
total $125,455 · excluded $125,455
-
8a · Fundraising events: gross income
$4,644,177
-
8b · Fundraising events: direct expenses
$234,979
-
8c · Net income from fundraising events
total $4,409,198 · excluded $4,409,198
Functional expenses
Part IX, the statement of functional expenses.
-
3 · Grants to foreign organizations and individuals
total $11,113,838 · program services $11,113,838
-
7 · Other salaries and wages
total $1,064,148 · program services $266,037 · management and general $159,622 · fundraising $638,489
-
8 · Pension plan contributions
total $13,948 · program services $3,487 · management and general $2,092 · fundraising $8,369
-
9 · Other employee benefits
total $7,611 · program services $1,903 · management and general $1,142 · fundraising $4,566
-
10 · Payroll taxes
total $71,797 · program services $17,949 · management and general $10,770 · fundraising $43,078
-
12 · Advertising and promotion
total $25,336 · management and general $5,067 · fundraising $20,269
-
13 · Office expenses
total $137,800 · management and general $34,450 · fundraising $103,350
-
14 · Information technology
total $7,514 · management and general $3,757 · fundraising $3,757
-
16 · Occupancy
total $5,171 · management and general $5,171
-
23 · Insurance
total $16,139 · management and general $16,139
-
24a · Other expenses: EVENT EXPENSES
total $622,725 · program services $155,681 · fundraising $467,044
-
24b · Other expenses: DONATION PROCESSING FEE
total $93,456 · management and general $9,346 · fundraising $84,110
-
24c · Other expenses: PROFESSIONAL FEES
total $57,430 · management and general $57,430
-
24d · Other expenses: DUES AND SUBSCRIPTIONS
total $33,278 · program services $3,328 · management and general $13,311 · fundraising $16,639
-
24e · All other expenses
total $21,657 · program services $1,636 · management and general $11,842 · fundraising $8,179
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $9,923,859 · end of year $5,467,630
-
3 · Pledges and grants receivable
beginning of year $225,640 · end of year $306,200
-
9 · Prepaid expenses and deferred charges
beginning of year $7,555 · end of year $4,235
-
10a · Land, buildings and equipment: cost or other basis
$40,985
-
10b · Land, buildings and equipment: accumulated depreciation
$40,985
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
end of year $5,494,610
-
17 · Accounts payable and accrued expenses
beginning of year $101,037 · end of year $21,810
-
18 · Grants payable
beginning of year $6,919,124 · end of year $8,100,154
-
27 · Net assets without donor restrictions
beginning of year $982,800 · end of year $125,466
-
28 · Net assets with donor restrictions
beginning of year $2,154,093 · end of year $3,025,245
Mission and programs · 2022
Mission
THE MISSION OF THE FOUNDATION IS TO SIMULTANEOUSLY ADDRESS CHILDHOOD HUNGER AND MALNUTRITION AND TO PROMOTE EDUCATION FOR UNDERSERVED CHILDREN THROUGHOUT INDIA.
-
AKSHAYA PATRA USA RAISES FUNDS IN THE UNITED STATES FOR THE AKSHAYA PATRA FOUNDATION WHICH FEEDS OVER 1.8 MILLION CHILDREN ON ALL SCHOOL WORKING DAYS IN OVER 19,000 GOVERNMENT SCHOOLS IN INDIA.
Expenses $11,563,859 · Grants $11,113,838
As filed on the 2022 return.
Listed in Part VII
-
Madhu Pandit DasaMADHU PANDIT DASA
CHAIRMAN, INDIA
- Total calculated
- $0
- Hours/week
- 2
-
Chanchalapathi DasaCHANCHALAPATHI DASA
VICE CHAIRMAN, INDIA
- Total calculated
- $0
- Hours/week
- 2
-
Siva SivaramSIVA SIVARAM
CHAIRMAN, USA
- Total calculated
- $0
- Hours/week
- 2
-
Gururaj Desh DespandeGURURAJ DESH DESPANDE
CHAIRMAN EMERITUS, USA
- Total calculated
- $0
- Hours/week
- 2
-
Srivastan RajanSRIVASTAN RAJAN
VICE CHAIRMAN, USA
- Total calculated
- $0
- Hours/week
- 2
-
B V JagadeeshB V JAGADEESH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Roopa MakhijaROOPA MAKHIJA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Dr Rachana KulkarniDR RACHANA KULKARNI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Navin GoelNAVIN GOEL
CEO
- Total calculated
- $175,000
- From this org
- $175,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $175,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $175,000
-
Geeta KulkarniGEETA KULKARNI
VP OF DEVELOPMENT
- Total calculated
- $137,000
- From this org
- $137,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Jyothi SathyanJYOTHI SATHYAN
CFO
- Total calculated
- $130,000
- From this org
- $130,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Form 990 of other organizations
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 21 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202343259349301269
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