Zarathushti Entrepreneurship Development Foundation
- Assets
- $251.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hinsdale, IL
- Founding
- Data as of
- 12/2021
- EIN
- 84-3689894
Organization Overview
Zarathushti Entrepreneurship Development Foundation is located in Hinsdale, IL. According to its NTEE Classification (S43) the organization is classified as: Small Business Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Zarathushti Entrepreneurship Development Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE PRIMARY EXEMPT PURPOSE OF THE ZARATHUSHTI ENTREPRENEURSHIP DEVELOPMENT FOUNDATION IS THE FURTHERANCE OF THE ZOROASTRIAN RELIGION AND THE FOLLOWERS OF THE ZOROASTRIAN RELIGION, SPECIFICALLY TO PROMOTE ZOROASTRIANS WITHIN THE COMMUNITY BY ALL MEANS, INCLUDING ASSISTING IN THE PROMOTION, NETWORKING AND FUNDING OF ZOROASTRIAN ENTERPRISES BY VARIOUS MEANS, INCLUDING GRANTS OR INTEREST-FREE LOANS. IN 2021, $40,000 WAS DISBURSED AS AN INTEREST-FREE LOAN TO ONE ENTREPRENEUR IN THE BUSINESS OF A NATURAL DIETARY SUPPLEMENT THAT SUPPORTS HEALTHY AGING AND SELF-REPAIR OF MUSCLES, NERVES, FASCIA. THERE ARE NO EXPENSES RELATED TO THIS PROGRAM ACTIVITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edul Daver Trustee | 10 | $0 | |
Rohinton Rivetna Trustee | 5 | $0 | |
Homi D Gandhi Trustee | 5 | $0 | |
Arzan S Wadia Trustee | 5 | $0 | |
Pervin Taleyarkhan Secretary | 5 | $0 | |
Ratan Mistry Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $168,025 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $9,269 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $177,294 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $601 |
| Total expenses | $601 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $251,167 |
| Other assets | $0 |
| Total assets | $251,167 |
| Total liabilities | $0 |
| Net assets or fund balances | $251,167 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Zarathushti Entrepreneurship Development Foundation has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wisconsin Womens Business Initiative Corporation Milwaukee, WI | $42,014,379 | $10,583,804 |
Allies For Community Business Inc Chicago, IL | $54,726,016 | $12,452,578 |
Small Business Aid Inc Shipshewana, IN | $1,429,380 | $3,351,237 |
Bunker Labs Nfp Inc Chicago, IL | $3,938,287 | $4,312,612 |
Technology Entrepreneur Center Inc St Louis, MO | $14,793,185 | $1,740,629 |
Bioconnect Iowa Des Moines, IA | $1,127,931 | $1,803,790 |
Premier Capital Corporation Indianapolis, IN | $2,695,127 | $1,528,792 |
Startingblock Madison Inc Madison, WI | $3,788,993 | $962,585 |
South Central Ozark Council Of Governments Pomona, MO | $2,561,241 | $1,014,983 |
Growth Alliance For Greater Evansville Inc Evansville, IN | $3,067,417 | $736,027 |
Regional Development Company Valparaiso, IN | $1,015,697 | $931,106 |
Iowa Community Capital Boone, IA | $2,471,585 | $1,776,388 |