Gumberichas Care Charity Inc
- Assets
- $933.3k
- Revenue
- $146.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Cary, NC
- Founding
- 04/2018
- Data as of
- 12/2022
- EIN
- 81-4566609
Organization Overview
Gumberichas Care Charity Inc is located in Cary, NC. The organization was established in 2018. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gumberichas Care Charity 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, Gumberichas Care Charity Inc generated $146.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.2%) each year.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CHARITABLE AND RELIGIOUS - PROMOTE EDUCATION - HELP THOSE WITH NO ACCESS TO HEALTH CARE - HELP THE UNDERPRIVILEGED - SUPPORT CHARITABLE AND RELIGIOUS ORGANIZATION THAT PROMOTE SOCIAL UNITY, PEACE AND COMMON GOOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS AND ASSISTANCE TO OTHER NON PROFIT ORGANIZATIONS WITH SIMILAR OBJECTIVES
PARICIPATED ON BOARD OF ADVISORS OF NCIAP A NON PROFIT MEDICAL CENTER WHICH PROVIDES HEALTH CARE TO UNINSURED); PARTICIPATED IN FUNDRAISNG ACTIVITIES OF NCIAP; PARTICIPATED IN VARIOUS ACTIVITIES AS BOARD OF TRUSTEE FOR INDIAN AMERICAN EDUCATION FOUNDATION : MEMBER OF GLOBAL LEADERSHIP COUNCIL AT UNC CHAPEL HILL INVOLVED IN PLANNING AND GUIDANCE ON GLOBAL ENGAGEMNT OF THE UNIVERSITY: ADVISING THE DEAN AT GILLINGS SCHOOL OF PUBLIC HEALTH AT UNC AND ATTENDING ADVISORY COUNCIL MEETINGS: HELPED UNDERPRIVILEDGED STUDENTS WITH FUNDS TO PURSUE THE EDUCATIONAL GOALS. - DR.SUBHASH GUMBER(MEDICAL DOCTOR)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kawaljit K Pasricha Chairperson -President | Trustee | 24 | $0 |
Subhash Gumber Secretary | Trustee | 21 | $0 |
Archana Anand Treasurer | Trustee | 7 | $0 |
Mani Sundram Director | 2 | $0 | |
Chandan Kumar Director | 5 | $0 | |
Bharat Vedhak Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $101,552 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $101,552 |
| Total Program Service Revenue | $0 |
| Investment income | $45,211 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $146,763 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $40,855 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $3,279 |
| Total functional expenses | $44,134 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $179,659 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $753,601 |
| Total assets | $933,260 |
| Accounts payable and accrued expenses | $16,508 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $16,508 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $916,752 |
| Total liabilities and net assets/fund balances | $933,260 |