Solvatten Charitable Foundation Usa
- Assets
- $28.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Jose, CA
- Founding
- 11/2016
- Data as of
- 12/2022
- EIN
- 36-4834461
Organization Overview
Solvatten Charitable Foundation Usa is located in San Jose, CA. The organization was established in 2016. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Solvatten Charitable Foundation USA 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 12/2022, Solvatten Charitable Foundation USA generated $94.6k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $88.0k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
DURING 2022, SOLVATTEN CHARITABLE FOUNDATION USA PROVIDED 674 SOLAR SAFE WATER SYSTEMS TO FAMILIES IN NEED THROUGHOUT UGANDA AND KENYA. AS SUCH, WE PROVIDED OVER 3700 PEOPLE WHO LACKED ACCESS TO SAFE WATER WITH MILLIONS OF LITERS OF SAFE, HOT WATER. THE HEALTH OF FAMILIES IMPROVED; CHILDRENS SCHOOL ATTENDANCE INCREASED; WOMEN COULD PARTICIPATE IN INCOME-GENERATING WORK; TREES WERE SPARED; AND THE AIR QUALITY INCREASED DUE TO LOWER RELIANCE ON WOOD AND CHARCOAL TO HEAT AND TREAT WATER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erica Krishnamurthy President | 10 | $0 | |
Vanita Chhabra Treasurer | 3 | $0 | |
Gayathri Raghavendra Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $94,593 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $94,593 |
| 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 | $4,100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $83,915 |
| Total expenses | $88,015 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,029 |
| Other assets | $0 |
| Total assets | $28,029 |
| Total liabilities | $0 |
| Net assets or fund balances | $28,029 |