India Childrens Press is located in Cupertino, CA. The organization was established in 2005. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, India Childrens Press employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. India Childrens Press is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, India Childrens Press generated $138.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.9% each year . All expenses for the organization totaled $124.2k during the year ending 12/2021. While expenses have increased by 15.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO EDUCATE AND CREATE A GREATER AWARENESS OF INDIA'S CULTURE AND TRADITIONS IN THE UNITED STATES. THE EDUCATIONAL OBJECTIVE IS REALIZED BY THE DEVELOPMENT OF A DEEPER UNDERSTANDING OF THREE AREAS: INDIA'S HISTORY, INDIA'S CULTURAL MYTHOLOGY, AND INDIA'S LANGUAGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FIRST ACCOMPLISHMENT ACHIEVED BY IMPORTING BOOKS AND MULTIMEDIA(PRIMARILY FOR CHILDREN) FROM INDIA AND DISTRIBUTING THEM AT PRICES THAT ARE BELOW THOSE OF FOR-PROFIT COMPANIES. INDIA CHILDREN'S PRESS IS A KEY RESOURCE FOR MANY PUBLIC LIBRARIES, AS WELL AS INDIVIDUALS WHO ARE INTERESTED IN LEARNING MORE ABOUT INDIA AND ITS CULTURE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Monica Khosla CEO | Trustee | 15 | $84,000 |
Samir Khosla CFO | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $16,690 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $16,690 |
Total Program Service Revenue | $0 |
Investment income | $14,740 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$2,635 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $110,037 |
Miscellaneous Revenue | $0 |
Total Revenue | $138,832 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $84,000 |
Compensation of current officers, directors, key employees. | $16,800 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $16,800 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $8,362 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $223 |
Insurance | $0 |
All other expenses | $380 |
Total functional expenses | $124,176 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $57,575 |
Savings and temporary cash investments | $507,228 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $56,349 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $2,317 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $1,094 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $624,563 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $5,972 |
Total liabilities | $5,972 |
Net assets without donor restrictions | $618,591 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $624,563 |
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The Planetary Society Pasadena, CA | $9,508,979 | $4,905,895 |
Prevention Institute Oakland, CA | $12,910,812 | $7,921,442 |
Society For The Study Of Native Arts & Sciences Berkeley, CA | $8,524,775 | $6,247,781 |
Undercurrent Inc San Rafael, CA | $5,890,053 | $8,348,585 |
Solve Me Cfs Initiative Inc Glendale, CA | $1,880,953 | $2,192,325 |
Unreported Story Society Marina Del Ray, CA | $399,103 | $3,017,560 |
Truthout Sacramento, CA | $881,852 | $2,314,333 |
Heyday Berkeley, CA | $2,111,683 | $2,251,217 |
Capital & Main Los Angeles, CA | $794,047 | $1,843,155 |
University Of California Press Foundation Oakland, CA | $23,332,542 | $983,531 |
Center For Accessible Technology Berkeley, CA | $1,757,069 | $1,896,017 |