Soondra Foundation is located in Highland Park, IL. The organization was established in 2018. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Soondra 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 12/2023, Soondra Foundation generated $46.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (15.9%) each year. All expenses for the organization totaled $58.2k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDES HEALTHCARE ACCESS THROUGH MICRO-GRANTS TO THE WORKING POOR IN INDIA WHEN THEY HAVE A MEDICAL EMERGENCY. WE ADDRESS LONG-TERM ECONOMIC CONSEQUENCES IN THE FACE OF MEDICAL EMERGENCIES BY PARTNERING WITH ESTABLISHED INDIAN NON-PROFITS WHO VET THE GRANTEES USING OUR GUIDELINES AND DISBURSE THE FUNDS DIRECTLY TO MEDICAL PROVIDERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sujata Dayal Director | 5 | $0 | |
Gayatri Mathur CEO | 40 | $0 | |
Eric Isaacs President | 5 | $0 | |
Dimple Modgil Director | 5 | $0 | |
Rangu Hosadurga Director | 5 | $0 | |
Pranay Mathur Director | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,040 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,040 |
| 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 | $15,068 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $203 |
| Other expenses | $42,891 |
| Total expenses | $58,162 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,368 |
| Other assets | $0 |
| Total assets | $33,368 |
| Total liabilities | $1,180 |
| Net assets or fund balances | $32,188 |