The National Sikh Center Trust
- Assets
- $3.4m
- Revenue
- $107.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Germantown, MD
- Founding
- 12/1992
- Data as of
- 12/2023
- EIN
- 52-6410942
Organization Overview
The National Sikh Center Trust is located in Germantown, MD. The organization was established in 1992. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. National Sikh Center Trust 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 12/2023, National Sikh Center Trust generated $107.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $148.8k during the year ending 12/2023. While expenses have increased by 2.7% per year over the past 9 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.
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 |
|---|---|---|---|
Chattar S Saini President | 20 | $0 | |
Hargurpreet Singh Secretary | 6 | $0 | |
Narinder Pal Singh Malik Trustee | 0 | $0 | |
Mandeep Singh Trustee | 2 | $0 | |
Preet A Singh Trustee | 2 | $0 | |
Parmjit S Aujla Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,001 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | -$51,104 |
| 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 | $107,685 |
| 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 | $87,064 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $61,724 |
| Total operating and administrative expenses | $148,788 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $148,788 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,783 |
| 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 | $50,000 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $3,280,816 |
| Other assets | $5,616 |
| Total assets | $3,364,215 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $3,500 |
| Mortgages and other notes payable | $858,154 |
| Other liabilities | $4,000 |
| Total liabilities | $865,654 |
Grants Awarded
Over the last fiscal year, The National Sikh Center Trust has awarded $2,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
KULWINDER KAUR PURPOSE: CHARITABLE EDUCATIONAL PROMOTION | $1,000 |
PARMINDER KAUR PURPOSE: CHARITABLE EDUCATIONAL PROMOTION | $1,500 |