Power To Soar Foundation
- Assets
- $79.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Novato, CA
- Founding
- 09/2015
- Data as of
- 12/2022
- EIN
- 47-4727706
Organization Overview
Power To Soar Foundation is located in Novato, CA. The organization was established in 2015. According to its NTEE Classification (P32) the organization is classified as: Foster Care, 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. Power To Soar Foundation 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, Power To Soar Foundation generated $47.4k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $56.4k 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
A FOUNDATION DEDICATED TO EMPOWER ORPHAN AND FOSTER KIDS BY PROVIDING EDUCATIONAL GRANTS TO HELPS KIDS COMPLETE HIGH SCHOOL AND COLLEGE EDUCATION SUCCESSFULLY. IN ADDITION, TO SUPPORT BOARDING, LODGING AND OTHER NEEDS SUCH THAT KIDS FOCUS ON EDUCATION AND PLAY TO A SUCCESSFUL AND PRODUCTIVE LIFE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vimal Srivastava President | 0 | $0 | |
Aaron Olson Secretary | 0 | $0 | |
Ramesh Seivastava Treasurer | 0 | $0 | |
Shalini Nigam Vice Preside | 0 | $0 | |
Eric Ortman Director | 0 | $0 | |
Anis Khan Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,431 |
| 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 | $47,431 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,104 |
| Total expenses | $56,378 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $79,201 |
| Other assets | $0 |
| Total assets | $79,201 |
| Total liabilities | $0 |
| Net assets or fund balances | $79,201 |