Form 990 for tax year 2022
Filed by EKAL VIDYALAYA FOUNDATION OF USA INC.
Totals
- Total revenue
- $11,316,829
- Total expenses
- $5,971,648
- Contributions and grants received
- $11,263,967
- Grants paid
- $4,946,494
- Program service revenue
- $0
- Investment income
- $52,862
- Other revenue
- $0
- Total assets, end of year
- $13,662,643
- Total liabilities, end of year
- $12,450
- Net assets or fund balances, end of year
- $13,650,193
- Program services expenses (Part IX)
- $4,946,494
- Management and general expenses
- $198,511
- Fundraising expenses
- $826,643
- Program service expenses (Part III)
- $4,946,494
Program services were 82.8% 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.
-
1c · Fundraising events
$223,386
-
1f · All other contributions, gifts and grants
$11,040,581
-
1g · Noncash contributions included above
$18,043
-
3 · Investment income
total $67,594 · related or exempt $67,594
-
7a · Gross sales of assets other than inventory
other assets $1,634
-
7b · Less cost or other basis and sales expenses
securities $16,366
-
7c · Gain or loss
securities -$16,366 · other assets $1,634
-
7d · Net gain or loss
total -$14,732 · related or exempt -$16,366 · excluded $1,634
-
8a · Fundraising events: contributions included on line 1c
$223,386
Functional expenses
Part IX, the statement of functional expenses.
-
3 · Grants to foreign organizations and individuals
total $4,946,494 · program services $4,946,494
-
5 · Compensation of officers, directors and key employees
total $1 · management and general $1
-
7 · Other salaries and wages
total $293,971 · management and general $88,191 · fundraising $205,780
-
8 · Pension plan contributions
total $8,688 · management and general $2,606 · fundraising $6,082
-
10 · Payroll taxes
total $23,174 · management and general $6,831 · fundraising $16,343
-
11g · Fees: other
total $10,710 · management and general $1,071 · fundraising $9,639
-
12 · Advertising and promotion
total $38,802 · fundraising $38,802
-
13 · Office expenses
total $6,132 · management and general $6,132
-
14 · Information technology
total $13,698 · management and general $6,849 · fundraising $6,849
-
16 · Occupancy
total $18,043 · management and general $18,043
-
17 · Travel
total $39,998 · management and general $2,057 · fundraising $37,941
-
22 · Depreciation, depletion and amortization
total $3,058 · management and general $3,058
-
24a · Other expenses: POSTAGE
total $13,923 · management and general $1,342 · fundraising $12,581
-
24b · Other expenses: PRINTING & SUPPLIES
total $43,189 · management and general $2,776 · fundraising $40,413
-
24c · Other expenses: DUES & SUBSCRIPTION
total $63,384 · management and general $31,800 · fundraising $31,584
-
24d · Other expenses: BANK CHARGES
total $57,177 · fundraising $57,177
-
24e · All other expenses
total $391,206 · management and general $27,754 · fundraising $363,452
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $7,910,093 · end of year $3,370,764
-
3 · Pledges and grants receivable
end of year $575,677
-
4 · Accounts receivable
beginning of year $4,024 · end of year $4,561
-
9 · Prepaid expenses and deferred charges
beginning of year $5,250 · end of year $5,659
-
10a · Land, buildings and equipment: cost or other basis
$64,264
-
10b · Land, buildings and equipment: accumulated depreciation
$56,681
-
10c · Land, buildings and equipment, net
beginning of year $4,698 · end of year $7,583
-
11 · Investments: publicly traded securities
beginning of year $387,637 · end of year $9,691,321
-
15 · Other assets
end of year $7,078
-
17 · Accounts payable and accrued expenses
beginning of year $4,303 · end of year $12,450
-
25 · Other liabilities
beginning of year $1,876
-
27 · Net assets without donor restrictions
beginning of year $2,083,452 · end of year $3,969,307
-
28 · Net assets with donor restrictions
beginning of year $6,222,071 · end of year $9,680,886
Mission and programs · 2022
Mission
TO SET UP 100,000 ONE TEACHER SCHOOL TO PROVIDE FREE ELEMENTARY EDUCATION AND FREE PRIMARY HEALTHCARE TO CHILDREN IN REMOTE AND RURAL INDIA
-
EKAL VIDYALAY IS A UNIQUE MOVEMENT TO BRING EDUCATION TO THE DOORSTEPOF VILLAGES IN INDIA WHERECHILDREN ARE OFFERED FREE FIVE YEARS OF ELEMENTARY EDUCATION UNDER THE PROGRAM. MISSON IS TO SETUP 100,000 SUCH ONE TEACHER SCHOOLS. DURING 2022 TOTAL 14650 SCHOOLS WERE SPONSORED EDUCATIING439,500 STUDENTS. THE PROGRAM ALSO IMPARTS PRIMARY HEALTHCARE, DEVELOPMENT AND EMPOWERMENTEDUCATION.
Expenses $4,946,494
As filed on the 2022 return.
Listed in Part VII
-
PRADEEP GOYAL
TRUSTEE - EVFI
- Total calculated
- $0
- Hours/week
- 2
-
SAJJAN AGARWAL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
MADHU BANSAL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
MEENA SUBRAMANYAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
DR RAKESH GUPTA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
RAMESH SHAH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
ARUN GUPTA
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 8
-
KAMLESH SHAH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
PRATIBHA GOYAL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
UMESH SHUKLA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
SUBRA DRAVIDA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
SURESH IYER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
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
- 2022
- Filed
- 10 March 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303199349328095
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.