Harichand Education Fund
- Assets
- $178.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bellaire, TX
- Founding
- 05/2008
- Data as of
- 12/2021
- EIN
- 26-2221008
Organization Overview
Harichand Education Fund is located in Bellaire, TX. The organization was established in 2008. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Harichand Education Fund 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, Harichand Education Fund generated $46.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $51.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
OUR PROGRAM IS ENTITLED: HARICHAND EDUCATION. THE PURPOSES OF OUR ORGANIZATION ARE TO INSTRUCT INDIVIDUALS ON SUBJECTS USEFUL TO THE PUBLIC IN ORDER TO IMPROVE AND DEVELOP THEIR CAPABILITIES, ADVANCE EDUCATION AND PROVIDE RELIEF TO THE POOR, DISTRESSED AND UNDERPRIVILEGED. WE FURTHER OUR PURPOSES UNDER THIS PROGRAM BY EDUCATING CHILDREN IN TANZANIA, EAST AFRICA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Urmila Kumar Director | 10 | $0 | |
Lidya Osadchey Director | 4.5 | $0 | |
Ashok Kumar Director | 4 | $0 | |
Jagan Aggarwal Director | 2 | $0 | |
Bob Israel Director | 4.5 | $0 | |
Glen Tellis Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $71 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,071 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $20,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $158 |
| Total expenses | $51,408 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $178,537 |
| Other assets | $0 |
| Total assets | $178,537 |
| Total liabilities | $0 |
| Net assets or fund balances | $178,537 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Harichand Education Fund has recieved totaling $1,021.
| Awarding Organization | Amount |
|---|---|
Sanjay And Durga Reddy Konda Foundation Jersey Village, TX PURPOSE: EDUCATION | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $21 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Valor Texas Education Foundation Austin, TX | $20,040,325 | $11,565,701 |
Foundation For Tulsa Schools Tulsa, OK | $13,402,243 | $11,567,047 |
Eugene Higgins Charitable Trust Dallas, TX | $194,077,327 | $32,131,659 |
Lyndon Baines Johnson Foundation Austin, TX | $271,934,270 | $12,544,612 |
Los Alamos National Laboratory Foundation Espanola, NM | $121,206,991 | $6,734,322 |
Joe W & Dorothy Dorsett Brown Foundation Metairie, LA | $122,222,465 | $11,452,057 |
Canfield Family Foundation Austin, TX | $4,029,217 | $166,419 |
Osteopathic Medical Education Consortium Of Oklahoma Inc Tulsa, OK | $3,495,258 | $6,319,915 |
Yellowstone Academy Inc Houston, TX | $16,392,464 | $16,744,043 |
Houston Community College Foundation Houston, TX | $19,733,211 | $7,332,146 |
Houston Independent School District Foundation Houston, TX | $7,123,064 | $5,838,395 |
Sandia Foundation Albuquerque, NM | $101,924,097 | $6,126,551 |