Prahlad & Bindu Pant Orphans Foundation Inc is located in Atlanta, GA. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prahlad & Bindu Pant Orphans Foundation Inc 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 12/2023, Prahlad & Bindu Pant Orphans Foundation Inc generated $7.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 42.2% each year . All expenses for the organization totaled $9.3k during the year ending 12/2023. While expenses have increased by 49.2% per year over the past 4 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED GRANTS TO NEPALESE ORGANIZATIONS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Prahlad Pant President | 0 | $0 | |
Bindu Pant Secretary | 0 | $0 | |
Paula Pant Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,089 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,694 |
| Capital Gain Net Income | $1,640 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,783 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $70 |
| Total operating and administrative expenses | $70 |
| Contributions, gifts, grants paid | $9,231 |
| Total expenses and disbursements | $9,301 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,354 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $149,845 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $162,199 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Prahlad & Bindu Pant Orphans Foundation Inc has awarded $8,231 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
PULMONARY HYPERTENSION ASSN NEPAL PURPOSE: TO ASSIST IN MANAGING PULM HYPERTENS | $1,000 |
NEPALI CULTURAL CENTER PURPOSE: EDUCATION AND WELFARE OF CHILDREN | $2,500 |
PUKAR BAM PURPOSE: EDUCATION FOR CHILDREN IN NEPAL | $2,000 |
CHILDREN AND YOUTH FIRST PURPOSE: EDUCATION FOR CHILDREN IN NEPAL | $1,231 |
ASSOCIATION FOR NEPALESE IN MIDWEST PURPOSE: COMPUTER LAB FOR CHILDREN IN NEPAL | $1,500 |