Sankara Family Foundation
- Assets
- $164.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Allen, TX
- Founding
- Data as of
- 12/2021
- EIN
- 84-4404089
Organization Overview
Sankara Family Foundation is located in Allen, TX. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sankara Family 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 12/2021, Sankara Family Foundation generated $19.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (65.6%) each year. All expenses for the organization totaled $9.2k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
CONTRIBUTED TO KPSNA TO HELP PROVIDE CLEAN WATER AND SANITATION TO RURAL VILLAGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Praful Madhani Director | 3 | $0 | |
Shyam Madhani Director | 0 | $0 | |
Smeet Madhani Director | 0 | $0 | |
Harsha Madhani Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,322 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $29 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $19,351 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $83 |
| Total expenses | $9,215 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $164,764 |
| Other assets | $0 |
| Total assets | $164,764 |
| Total liabilities | $0 |
| Net assets or fund balances | $164,764 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sankara Family Foundation has recieved totaling $7,028.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $7,028 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Houston Golf Charity The Woodlands, TX | $3,025,396 | $6,171,949 |
Amoud Foundation Irving, TX | $3,623,753 | $6,777,014 |
Rice Re Holdings Iii Houston, TX | $189,919,833 | -$4,482,268 |
Hab Charitable Corporation Fort Worth, TX | $0 | $8,699,388 |
Ssb Charitable Corporation Fort Worth, TX | $58,885,873 | $7,421,686 |
David & Lezlie Hudiburg Family Fdn Foundation Oklahoma City, OK | $0 | $1,762 |
Chive Charities Austin, TX | $275,460 | $2,652,488 |
Teneo Network Inc Austin, TX | $2,908,016 | $4,934,396 |
Marlene Nathan Meyerson Family Foundation Dallas, TX | $607,475 | $1,580,847 |
Webber Family Foundation Austin, TX | $16,109,859 | $1,226,381 |
Bookworm Box Llc Sulphur Springs, TX | $458,059 | $1,085,184 |
George H Dunklin Jr Charitable Foundation Stuttgart, AR | $15,909,080 | $2,491,199 |