Form 990 for tax year 2023
Filed by HINDU UNIVERSITY OF AMERICA INC.
Totals
- Total revenue
- $2,909,982
- Total expenses
- $1,922,046
- Contributions and grants received
- $2,114,394
- Grants paid
- $0
- Program service revenue
- $605,300
- Investment income
- $190,288
- Other revenue
- $0
- Total assets, end of year
- $5,053,131
- Total liabilities, end of year
- $10,270
- Net assets or fund balances, end of year
- $5,042,861
- Program services expenses (Part IX)
- $1,598,431
- Management and general expenses
- $300,781
- Fundraising expenses
- $22,834
- Program service expenses (Part III)
- $1,598,431
Program services were 83.2% 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.
-
1f · All other contributions, gifts and grants
$2,114,394
-
2a · Program service revenue: STUDENT & TUITION FEES
total $588,564 · related or exempt $588,564
-
2b · Program service revenue: TEXTBOOK SALES
total $16,736 · related or exempt $16,736
-
3 · Investment income
total $190,288 · related or exempt $190,288
-
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 $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $258,000 · program services $258,000
-
6 · Compensation of disqualified persons
total $188,006 · program services $49,744 · management and general $138,262
-
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 $179,741 · program services $179,741
-
13 · Office expenses
total $0
-
14 · Information technology
total $112,872 · program services $67,145 · management and general $45,727
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $79,983 · program services $79,983
-
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: Academic contracts
total $560,704 · program services $560,704
-
24b · Other expenses: Advancement contracts
total $163,334 · program services $140,500 · fundraising $22,834
-
24c · Other expenses: Legal and professional
total $95,369 · management and general $95,369
-
24d · Other expenses: Faculty payments
total $68,837 · program services $68,837
-
24e · All other expenses
total $215,200 · program services $193,777 · management and general $21,423
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,631,125 · end of year $2,438,166
-
2 · Savings and temporary cash investments
end of year $0
-
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 $430,185 · end of year $2,614,965
-
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 $6,385 · end of year $10,270
-
27 · Net assets without donor restrictions
beginning of year $3,976,883 · end of year $4,910,039
-
28 · Net assets with donor restrictions
beginning of year $78,042 · end of year $132,822
Mission and programs · 2023
Mission
The organizations mission is to provide an educational and spiritual bridge in Hindu thought involving critical inquiry, ethics, and selfreflection. Committed to fostering the culture and traditions of Hindu Dharma in an atmosphere of academic excellence and freedom, it prepares students for service, leadership, and global engagement
-
The organizations mission is to provide an educational and spiritual bridge in Hindu thought involving critical inquiry, ethics, and selfreflection. Committed to fostering the culture and traditions of Hindu Dharma in an atmosphere of academic excellence and freedom, it prepares students for service, leadership, and global engagement
Expenses $1,598,431 · Revenue $2,909,982
As filed on the 2023 return.
Listed in Part VII
-
Mr Kalyanaraman Viswanathan
President
- Total calculated
- $150,000
- From this org
- $150,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 32
-
Mr Aravind Swami
Vice President
- Total calculated
- $108,000
- From this org
- $108,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 32
-
Dr Vimal Patel
Trustee
- Total calculated
- $0
- Hours/week
- 22
-
Kiran Chhaganlal
Board Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Jashvant Patel
Board Chairman
- Total calculated
- $0
- Hours/week
- 2
-
Mr Suresh Gupta
Infrastructure
- Total calculated
- $0
- Hours/week
- 2
-
Mr Narsimha Reddy Koppula
Fundraising
- Total calculated
- $0
- Hours/week
- 2
-
Mr Sajjan Agarwal
Chair Finance
- Total calculated
- $0
- Hours/week
- 1
-
Dr Kalpalatha Guntupalli
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Dr Aseem Shukla
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Dr Shekhar Patel
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Dr Ajay Shah
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Dr Asha Pillai
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Dr Indrani Ramparsad
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Mr Nitin Sheth
Trustee
- Total calculated
- $0
- Hours/week
- 0
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
- 31 January 2025
- IRS schema version
- 2023v6.0
- Source object
- 202510319349302021
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.