Pohani Family Foundation Inc
- Assets
- $834.6k
- Revenue
- $62.8k
- Investments
- $819.5k
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/2014
- Data as of
- 12/2022
- EIN
- 46-4090293
Organization Overview
Pohani Family Foundation Inc is located in New York, NY. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pohani Family 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 12/2022, Pohani Family Foundation Inc generated $62.8k 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 (42.5%) each year. All expenses for the organization totaled $63.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Pohani Family Foundation Inc has awarded 15 individual grants totaling $122,157. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Narayan C Pohani President | 0 | $0 | |
Laxmi Pohani Vice President | 0 | $0 | |
Manohar Pohani Treasurer | 0 | $0 | |
Arthur Brown Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $16,000 |
| Interest on Savings | $29,794 |
| Dividends & Interest | $16,991 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $62,785 |
| 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 | $2,460 |
| Total operating and administrative expenses | $3,460 |
| Contributions, gifts, grants paid | $60,005 |
| Total expenses and disbursements | $63,465 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,298 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $6,875 |
| 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 | $500,000 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $834,639 |
| 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 |
Grants Awarded
Over the last fiscal year, Pohani Family Foundation Inc has awarded $60,005 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDRENS HOPE INDIIA PURPOSE: CASH DONATION | $30,000 |
VED MANDIR PURPOSE: CASH DONATION | $22,001 |
BHRAMA KUMARI WORLK SPIRITUAL ORGAN PURPOSE: CASH DONATION | $2,002 |
ISKONCN NJ PURPOSE: CASH DONATION | $5,001 |
SADHU VAWANI CENTER PURPOSE: CASH DONATION | $1,001 |