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Nonprofiteer
← INDIA CURRENTS FOUNDATION

Form 990 for tax year 2023

Filed by INDIA CURRENTS FOUNDATION.

Totals

Total revenue
$486,282
Total expenses
$367,202
Contributions and grants received
$486,282
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$234,228
Total liabilities, end of year
$32,469
Net assets or fund balances, end of year
$201,759
Program services expenses (Part IX)
$208,312
Management and general expenses
$125,048
Fundraising expenses
$33,842
Program service expenses (Part III)
$208,312

Program services were 56.7% 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

    $486,282

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $1,994 · program services $250 · management and general $1,494 · fundraising $250

  • 13 · Office expenses

    total $1,997 · program services $500 · management and general $997 · fundraising $500

  • 17 · Travel

    total $4,743 · program services $1,500 · management and general $2,743 · fundraising $500

  • 24a · Other expenses: EDITORIALS & MANAGMENTS

    total $192,997 · program services $105,000 · management and general $62,997 · fundraising $25,000

  • 24b · Other expenses: ADMINISTRATIVE

    total $77,500 · program services $47,500 · management and general $30,000 · fundraising $0

  • 24c · Other expenses: OUTREACH PROGRAMS

    total $46,491 · program services $46,491 · management and general $0 · fundraising $0

  • 24d · Other expenses: WEBSITE & WEBSITE NEWSPACK

    total $6,900 · program services $2,000 · management and general $2,900 · fundraising $2,000

  • 24e · All other expenses

    total $34,580 · program services $5,071 · management and general $23,917 · fundraising $5,592

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $112,103 · end of year $204,571

  • 4 · Accounts receivable

    beginning of year $2,150 · end of year $2,600

  • 14 · Intangible assets

    beginning of year $319 · end of year $27,057

  • 17 · Accounts payable and accrued expenses

    beginning of year $16,100 · end of year $16,100

  • 22 · Loans and payables to officers and key people

    end of year $16,369

  • 24 · Unsecured notes and loans payable

    beginning of year $15,793

  • 29 · Capital stock, trust principal or current funds

    beginning of year $250 · end of year $250

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $55,940 · end of year $119,080

  • 31 · Retained earnings, endowment or other funds

    beginning of year $26,489 · end of year $82,429

Mission and programs · 2023

Mission

ADVOCACY OF VOICES OF MINORITY COMMUNITIES, IN PARTICULAR THE SOUTH ASIAN POPULATION IN THE U.S. THROUGH ONLINE MEDIA AND DISTRIBUTING STORIES/CONTENT TO AND FROM ETHNIC & MINORITY COMMUNITIES

  • GRANTS, PUBLIC SUPPORT, APEALS, SILICON KALLEY COMMUNITY, CITY OF SAN JOSE SPONSORSHIPS, UNIVERISTY OF CALIFORNIA ETC

    Expenses $208,312 · Grants $363,500 · Revenue $122,782

As filed on the 2023 return.

Listed in Part VII

  • Vandana Kumar

    CEO

    Total calculated
    $0
    Hours/week
    40
  • Vijay Rajvaidya

    CFO

    Total calculated
    $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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
28 January 2024
IRS schema version
2023v5.0
Source object
202431109349301468

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