Gumberichas Care Charity Inc
- Assets
- $824.3k
- Revenue
- $144.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Cary, NC
- Founding
- 04/2018
- Data as of
- 12/2021
- 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 12/2021, Gumberichas Care Charity Inc generated $144.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (13.5%) each year.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
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
VICE CHAIR AND DIRECTOR OF INTERACT OF WAKE COUNTY ADVISING ON ACTIVITIES AND SERVICES PROVIDED TO VICTIMS OF DOMESTIC AND SEXUAL VIOLENCE. VOLUNTEERED FOR FALL FESTIVAL FUND-RAISER AND HOLIDAY BAZAR: HELD TOUR TO EDUCATE HER PEERS OF THE MISSION AND SERVICES PROVIDED BY INTERACT:ORGANIZED MEDICAL CARE NEEDING CARE FROM NCIAP (A NON PROFIT MEDICAL CENTER WHICH PROVIDES HEALTH CARE FOR INDIVIDUALS (ALL EXPENSES BORNE BY VOLUNTEERS)EDUCATIONAL FUND SUPPORT TO PERSONS IN NEED: KAWALJIT PASRICHA
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 Pasricha Chairperson -President | Trustee | 20 | $0 |
Subhash Gumber Secretary | Trustee | 20 | $0 |
Archana Anand Treasurer | Trustee | 5 | $0 |
Vinod Jindal Director | 2 | $0 | |
Mani Sundram Director | 2 | $0 | |
Chandan Kumar 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 | $100,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,000 |
| Total Program Service Revenue | $0 |
| Investment income | $44,932 |
| 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 | $144,932 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $37,434 |
| 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 | $30,605 |
| Total functional expenses | $68,039 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $112,860 |
| 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 | $711,453 |
| Total assets | $824,313 |
| Accounts payable and accrued expenses | $10,192 |
| 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 | $10,192 |
| 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 | $814,121 |
| Total liabilities and net assets/fund balances | $824,313 |
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