Khelshala Inc
- Assets
- $195.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hingham, MA
- Founding
- 05/2007
- Data as of
- 06/2022
- EIN
- 51-0594160
Organization Overview
Khelshala Inc is located in Hingham, MA. The organization was established in 2007. According to its NTEE Classification (N66) the organization is classified as: Racquet Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Khelshala 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 06/2022, Khelshala Inc generated $62.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $78.6k during the year ending 06/2022. 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
MANAGED AND TAUGHT YOUTH SQUASH IN VARIOUS INTERNATIONAL COMMUNITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Surinder Bajwa Treasurer | 5 | $0 | |
Satinder P Bajwa President | 10 | $0 | |
Clark Gertler Secretary | 5 | $0 | |
Dhiraj Bhagat Chairman | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,460 |
| Total Program Service Revenue | $31,284 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $62,744 |
| 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 | $17,075 |
| Occupancy, rent, utilities, and maintenance | $2,510 |
| Printing, publications, postage, and shipping | $16,112 |
| Other expenses | $42,940 |
| Total expenses | $78,637 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $195,072 |
| Other assets | $0 |
| Total assets | $195,072 |
| Total liabilities | $0 |
| Net assets or fund balances | $195,072 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Khelshala Inc has recieved totaling $11,000.
| Awarding Organization | Amount |
|---|---|
Kathy And Al Gordon Fund New York, NY PURPOSE: EDUCATIONAL | $10,000 |
Seymour Feldman Foundation Inc New York, NY PURPOSE: GENERAL SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Squash Racquets Association Inc New York, NY | $39,381,714 | $9,670,106 |
Usta Eastern Inc White Plains, NY | $5,765,024 | $4,131,199 |
Millbrook Golf And Tennis Club Inc Millbrook, NY | $5,327,958 | $3,562,808 |
Tenacity Inc Boston, MA | $5,621,842 | $5,321,929 |
Tennis Club Of Rochester Inc Pittsford, NY | $3,132,804 | $2,778,170 |
The Sportmens Tennis & Enrichment Center Inc Dorchester, MA | $6,337,014 | $5,005,388 |
City Squash Inc Bronx, NY | $6,666,385 | $3,002,008 |
Port Washington Tennis Academy Inc Port Washington, NY | $5,263,201 | $1,557,377 |
Tennis And Racquet Club Boston, MA | $1,909,646 | $1,126,682 |
Poughkeepsie Tennis Club Poughkeepsie, NY | $543,906 | $1,179,973 |
Fox Meadow Tennis Club West Harrison, NY | $1,758,347 | $1,193,963 |
Harlem Junior Tennis And Education Program Inc New York, NY | $276,329 | $806,920 |