Arpan Foundation Incorporated
- Assets
- $1.1m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Diamond Bar, CA
- Founding
- 12/2006
- Data as of
- 06/2021
- EIN
- 20-5593243
Organization Overview
Arpan Foundation Incorporated is located in Diamond Bar, CA. The organization was established in 2006. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arpan Foundation Incorporated 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 06/2021, Arpan Foundation Incorporated generated $1.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $940.6k during the year ending 06/2021. While expenses have increased by 3.2% per year over the past 6 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
SUPPORTING GRASSROOTS ORGANIZATIONS PROVIDING EDUCATION, HEALTHCARE AND OTHER HUMANITARIAN SERVICES TO THE UNDERPRIVILEGED PEOPLE OF DEVELOPING COUNTIRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTING INSTITUTIONS PROVIDING EDUCATION TO THE UNDERPRIVILIEGED CHILDREN.
SUPPORTING INSTITUTIONS PROVIDING HUMANITARIAN AID TO THE UNDERPRIVILEGED IN RURAL/TRIBAL INCLUDING DROUGHT RELIEF, ETC.
SUPPORTING INSTITUTIONS PROVIDING HEALTHCARE TO THE UNDERPRIVILEGED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Parag Karia Chairman | Trustee | 10 | $0 |
Purnima Karia Director | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,206,304 |
| Noncash contributions included in lines 1a–1f | $66,483 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,206,304 |
| Total Program Service Revenue | $0 |
| Investment income | $1,409 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,377 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,209,090 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $25,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $909,923 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $940,581 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $346,748 |
| Savings and temporary cash investments | $727,541 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $21,420 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1 |
| Total assets | $1,095,710 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,095,710 |
| 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 | $1,095,710 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Arpan Foundation Incorporated has recieved totaling $239,774.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $93,423 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Education | $35,000 |
Radhika & Ambarish Malpani Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $30,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $27,202 |
Latika & Rajiv Jain Foundaiton Wilmington, DE PURPOSE: PARIVAAR EDUCATION SOCIETY | $15,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Reading Partners Oakland, CA | $38,809,028 | $49,953,069 |
Institute For Native Pacific Education And Culture Kapolei, HI | $1,941,780 | $5,639,876 |
San Joaquin A Plus Inc Stockton, CA | $3,892,784 | $3,942,790 |
Make Way For Books Tucson, AZ | $2,670,198 | $2,705,326 |
United Through Reading San Diego, CA | $1,933,982 | $2,576,774 |
Tandem Partners In Early Learning San Francisco, CA | $1,207,894 | $2,135,047 |
Developments In Literacy Inc Irvine, CA | $1,716,599 | $2,242,453 |
The Riordan Foundation South Pasadena, CA | $13,591,111 | $7,320,901 |
Arpan Foundation Incorporated Diamond Bar, CA | $1,095,710 | $1,209,090 |
Read Better Be Better Phoenix, AZ | $1,920,458 | $1,563,168 |
Oakland Literacy Coalition Oakland, CA | $916,422 | $1,367,279 |
916 Ink Sacramento, CA | $593,574 | $1,036,980 |