Anantha Narayana Foundation Inc
- Assets
- $190.2k
- Revenue
- $55.1k
- Investments
- $25.0k
- Employees
- 0
- Location
- Salisbury, MD
- Founding
- 12/2016
- Data as of
- 12/2022
- EIN
- 47-2445448
Organization Overview
Anantha Narayana Foundation Inc is located in Salisbury, MD. The organization was established in 2016. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anantha Narayana 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, Anantha Narayana Foundation Inc generated $55.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 39.4% each year . All expenses for the organization totaled $14.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Anantha Narayana Foundation Inc has awarded 276 individual grants totaling $156,044. 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
CONTRIBUTES DIRECTLY TO OTHER 501(C)(3) ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dasan Potti President | 0 | $0 | |
Jalaja Potti Vice Preside | 0 | $0 | |
Suresh D Potti Secretary | 0 | $0 | |
Sujatha Rao Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5 |
| Dividends & Interest | $1,249 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $53,875 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $55,129 |
| 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 | $320 |
| Total operating and administrative expenses | $5,664 |
| Contributions, gifts, grants paid | $9,210 |
| Total expenses and disbursements | $14,874 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,187 |
| 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 | $25,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $190,187 |
| 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 | $18,000 |
| Total liabilities | $18,000 |
Grants Awarded
Over the last fiscal year, Anantha Narayana Foundation Inc has awarded $9,210 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMERS FOUNDATION PURPOSE: ECONOMIC SUPPORT | $151 |
AID FOR STARVING CHILDREN PURPOSE: ECONOMIC SUPPORT | $112 |
AMERICAN CANCER SOCIETY PURPOSE: ECONOMIC SUPPORT | $220 |
AMERICAN RED CROSS PURPOSE: ECONOMIC SUPPORT | $150 |
CARE PURPOSE: ECONOMIC SUPPORT | $50 |
COALITION TO SALUTE AMERICAS HEROES PURPOSE: ECONOMIC SUPPORT | $25 |