India Rural Development Fund
- Assets
- $39.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fremont, CA
- Founding
- 03/1998
- Data as of
- 12/2022
- EIN
- 94-3274500
Organization Overview
India Rural Development Fund is located in Fremont, CA. The organization was established in 1998. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. India Rural Development Fund 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, India Rural Development Fund generated $12.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $291.0 during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (39.3%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
ELEMENTARY & SECONDARY EDUCATION: FUNDED RURAL DEVELOPMENT FOUNDATION TO PARTIALLY MEET EXPENSES RUNNING FIVE (5) RURAL SCHOOLS IN INDIA WITH AN ENROLLMENT OF CLOSE TO 2,000 KIDS. THE FIRST SCHOOL WAS STARTED OVER A DECADE YEARS AGO. WE ARE HAPPY TO NOTE THAT THE KIDS HAVE DONE EXCEEDINGLY WELL IN ACADEMICS AND SPORTS. SOME OF THE KINDS COMPETED IN SEVERAL SPORTS COMPETITIONS REGIONALLY AND NATIONALLY - ONE AREA OF PRICE IS THE ARCHERY PROGRAM WHICH PRODUCED AN OLYMPIC PLAYER. WE CONTINUE TO MAKE A DIFFERENCE IN THE LIVES OF MANY OF THE KIDS IN THE SCHOOLS WE SUPPORT AND THEIR FAMILIES. NO FUNDS WERE DISBURSED DUE TO SCHOOL CLOSURE DURING THE PANDEMIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sunil Erraballi Secretary | 0.1 | $0 | |
Neena Ambre Board Member | 0 | $0 | |
Glenn Stone Board Member | 0 | $0 | |
Kruthika Katragadda President | 0.1 | $0 | |
Srisha Rao Board Member | 0 | $0 | |
Lindsay Grossman Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,576 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $35 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $12,611 |
| 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 | $291 |
| Total expenses | $291 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,504 |
| Other assets | $0 |
| Total assets | $39,504 |
| Total liabilities | $0 |
| Net assets or fund balances | $39,504 |