Taarika Foundation
- Assets
- $268.4k
- Revenue
- $25.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Sunnyvale, CA
- Founding
- 09/2017
- Data as of
- 12/2022
- EIN
- 82-2066874
Organization Overview
Taarika Foundation is located in Sunnyvale, CA. The organization was established in 2017. According to its NTEE Classification (F30) the organization is classified as: Mental Health Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Taarika 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, Taarika Foundation generated $25.8k 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 (12.5%) each year. All expenses for the organization totaled $21.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leena Khanzode President | 10 | $0 | |
Smita Thakkar Secretary | 4 | $0 | |
Atul Khanzode Treasurer | 8 | $0 | |
Vidya Krishnan Director | 4 | $0 | |
Anuradha Shanware Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,763 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| 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 | $25,763 |
| 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 | $0 |
| Occupancy | $3,062 |
| Travel, conferences, and meetings | $75 |
| Printing and publications | $1,972 |
| Other expenses | $9,426 |
| Total operating and administrative expenses | $17,185 |
| Contributions, gifts, grants paid | $4,100 |
| Total expenses and disbursements | $21,285 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $83,276 |
| 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 | $185,103 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $268,379 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $189,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $189,000 |
Grants Awarded
Over the last fiscal year, Taarika Foundation has awarded $4,100 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
A FUTURE FOR EVERY CHILD (AFEC) PURPOSE: GENERAL & UNRESTRICTED | $3,100 |
INDIA LITERACY PROJECT PURPOSE: GENERAL & UNRESTRICTED | $1,000 |