Mohapatra Family Foundation Inc
- Assets
- $5.0m
- Revenue
- $665.7k
- Investments
- $4.8m
- Employees
- 0
- Location
- Albany, NY
- Founding
- 06/2014
- Data as of
- 12/2022
- EIN
- 46-4347632
Organization Overview
Mohapatra Family Foundation Inc is located in Albany, NY. The organization was established in 2014. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mohapatra 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, Mohapatra Family Foundation Inc generated $665.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 44.8% each year . All expenses for the organization totaled $349.3k during the year ending 12/2022. While expenses have increased by 15.0% per year over the past 5 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rahul Mohapatra Trustee | 1 | $0 | |
Surya N Mohapatra Trustee | 1 | $0 | |
Mohrannie Mohapatra Trustee | 1 | $0 | |
Nayan Mohapatra Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $449,353 |
| Interest on Savings | $1,088 |
| Dividends & Interest | $114,203 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $101,007 |
| Capital Gain Net Income | $101,007 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $665,651 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,632 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $15,930 |
| Contributions, gifts, grants paid | $333,400 |
| Total expenses and disbursements | $349,330 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $146,695 |
| 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 | $4,558,879 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,989,080 |
| 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, Mohapatra Family Foundation Inc has awarded $333,400 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: GENERAL | $270,000 |
Orlando, FL PURPOSE: GENERAL | $36,900 |
Seattle, WA PURPOSE: GENERAL | $15,000 |
New York, NY PURPOSE: GENERAL | $10,000 |
Scottsburg, IN PURPOSE: GENERAL | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American National Standards Institute New York, NY | $61,521,698 | $89,284,423 |
Third Sector Capital Partners Inc Boston, MA | $27,345,891 | $27,551,770 |
Buffalo Civic Auto Ramps Inc Buffalo, NY | $1,499,927 | $7,888,664 |
Pocono Services For Families And Children Inc East Stroudsburg, PA | $5,666,674 | $5,697,584 |
Data & Society Research Institute New York, NY | $10,624,558 | $3,287,575 |
Bend The Arc Jewish Action Inc New York, NY | $2,917,123 | $4,796,081 |
Build Commonwealth Inc Boston, MA | $4,562,136 | $1,917,151 |
Greater Syracuse Property Development Corporation Syracuse, NY | $6,042,694 | $3,813,121 |
East Mid-Manhattan District Management Association Inc New York, NY | $3,778,894 | $3,534,351 |
New York 811 Inc Bohemia, NY | $4,587,897 | $3,122,927 |
Boston Public Market Boston, MA | $10,519,355 | $1,304,589 |
Catholic Investment Services Inc Boston, MA | $1,253,675 | $2,110,461 |