Totals
- Total revenue
- $231,304
- Total expenses
- $376,159
- Contributions and grants received
- $231,304
- Grants paid
- $369,525
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $44,333
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $44,333
- Program services expenses (Part IX)
- $369,525
- Management and general expenses
- $2,798
- Fundraising expenses
- $3,836
- Program service expenses (Part III)
- $369,525
Program services were 98.2% 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
$4,540
-
1f · All other contributions, gifts and grants
$226,764
-
1g · Noncash contributions included above
$4,692
-
3 · Investment income
total $0
-
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 $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $369,525 · program services $369,525
-
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 $0
-
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: Fundraising expense
total $3,836 · fundraising $3,836
-
24b · Other expenses: Bank Charge
total $2,481 · management and general $2,481
-
24c · Other expenses: Software Subscriptions
total $167 · management and general $167
-
24d · Other expenses: Business Licenses and Fees
total $150 · management and general $150
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $182,449 · end of year $39,641
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $6,160 · 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 $579 · end of year $4,692
-
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
-
31 · Retained earnings, endowment or other funds
beginning of year $189,188 · end of year $44,333
Mission and programs · 2022
Mission
RAISE FUNDS TO HELP PROVIDE EDUCATION AND HEALTHCARE TO CHILDREN OF LOW-INCOME FAMILIES.
-
While COVID recovery continued across the world, it has been hard for beneficiaries of Lotus Petal to rebuild their lives. We continue to provide grants to Lotus Petal Charitable foundation, Gurugram to help them provide continuity of providing education to underprivileged children. During 2022 Lotus Petal charitable foundation has further invested in it's effort to ensure better education to under privileged children and partly started a new school for them; with the latest teaching aids and methods. They have also started a e-learning facilities to cater to students in various remotely located schools for underprivileged children. They continue to add students to their schools and their present strength is around 1250. In addition around 5000 students spread over 55 schools are benefited from remote learning facilities provided by them. While we want to continue supporting this endeavor, we were able to transfer smaller amount ( USD 330,000 ) due to lower activity in Lotus Petal USA.
Expenses $330,000 · Grants $330,000
-
Contribution is also made to Innovation and Science Promotion Foundation to help them with school renovation, this school is exclusively for educating children from economically weaker section.
Expenses $27,947
-
Contribution made to Ashray Akruti and Jai Vakeel Foundation and Research Centre to help them in their endeavor for education of specially abled beneficiaries.
Expenses $11,578
As filed on the 2022 return.
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
-
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 7 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202331279349300208
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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