Sri Mathrudevi Vishwashanthi Ashram Trust Inc

EIN: 232785411 501(c)(3) International Affairs

Austin, TX

Total Revenue
$1,434,160
Total Expenses
$730,404
Total Assets
$8,015,853
Net Assets
$8,010,036
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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
TX
Principal Officer
Neerukonda BR Prasad
Phone
6305631062
Tax Period
2024-01-01 to 2024-12-31

Sri Mathrudevi Vishwashanthi Ashram Trust Inc, founded in 1994, is a community nonprofit in the International Affairs sector that reported $1.4M in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $704K, a strong 49% operating margin.

Mission

TO PROMOTE POLICIES AND IMPLEMENT SERVICE PROJECTS THAT ADVANCE POVERTY REDUCTION.

Program Service Accomplishments

Program 1
Expenses: $562,874

The work of SMVA Trust encompasses at least 11 of the 17 Sustainable Developmental goals by United Nations https://sdgs.un.org/goals and will soon seek consultative status with Economic and Social...

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The work of SMVA Trust encompasses at least 11 of the 17 Sustainable Developmental goals by United Nations https://sdgs.un.org/goals and will soon seek consultative status with Economic and Social Council. https://ecosoc.un.org/enSMVA Trust is committed to the New Agenda for Peace, the Pact for the Future, and the vision of the UN80 Initiative by empowering women, youth, children, people with disabilities, and other stakeholders. It strives to reinvigorate a new momentum for change and social justice, grounded in a deep conviction of our common humanity and shared destiny. Considering current challenges, the Trust is committed to values, insights, and programs that help achieve a world free of want, fear, violence, and inequality. To address these threats, the Trust has recently introduced organic farming, disseminated awareness of plastic pollution and water loss and waste at the local level - all actions to mitigate climate change and adapt to the new reality.Since 2014, the SMVA Trust has had an Associate Status with the UN Department of Global Communications (DGC), previously known as DPI. From 2015 to date, the SMVA Trust participated annually in NGO CSW events at the UN headquarters in New York. SMVA Trust is a nonprofit 501(c)(3) organization actively advancing the all-important SDGs. The Trust has independently been working on many of these goals since its inception in 1995. The SMVA Trust hosts a variety of roundtable conferences across the United States throughout the year, highlighting themes from UN International Days such as Peace, Youth, Food Security, among others. It encourages dialogue among civil society members to bring more awareness and act towards the goals of sustainable development and human rights. The Trust undertakes tangible humanitarian and community service projects, such as free schools, hospitals, mobile medical care, housing, and water treatment plants, serving the most marginalized populations.Free food was served to 250-350 people every month at My Sister's House and Restoration House, shelters for women and children in Atlanta.Uganda Program:In this year, 2024 (through the month of May 2024), communities in Kasese faced the devastating terrible flooding and landslides that destroyed lives and properties, with the following areas/ communities most affected; - Kyarumba, Kyondo, Mahango, Nyakabingo, Maliba and Bugoye. The disaster (floods and landslides) has caused widespread destruction of houses, crops and facilities such as bridges, roads and power lines.PARC-Uganda implemented an emergency food and hygiene relief project in Kasese District to assist 150 displaced households living in temporary camps. The program addressed urgent nutritional and sanitation needs by distributing locally procured supplies, including maize flour, cassava flour, dry beans, ground nuts, iodized salt, bar soaps, reusable sanitary pad kits, and underwear. Implementation was coordinated with the Kasese District Disaster Committee, Kyarumba Town Council, Kyarumba Subcounty staff, and camp leadership to ensure that families with children, pregnant mothers, the elderly, and the disabled received priority assistance. The total cost of $9,865 was absorbed by SMVA Trust.

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Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,415,165
Program Service Revenue $0
Investment Income $14,206
Other Revenue $4,789
TOTAL REVENUE $1,434,160

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $2,466
Program Expenses $562,874
Other Expenses $730,404
TOTAL EXPENSES $730,404

Year-over-Year Comparison

2024 2023 Change
Revenue $1,434,160 $1,959,138 -0.3%
Expenses $730,404 $413,074 +0.8%
Net Income $703,756 $1,546,064 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
200

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Neerukonda BR Prasad President 10.00
Officer Director
$0 $0 $0
Ramesh Pitti Treasurer 10.00
Officer Director
$0 $0 $0
Vijay Vamsi Goku Pulipati Secretary 10.00
Officer Director
$0 $0 $0
Vijayeswari Devi Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,434,160 $730,404 $8,015,853 $703,756
2023 $1,959,138 $413,074 $7,294,709 $1,546,064
2022 $1,083,962 $1,760,309 $5,740,941 $-676,347
2021 $2,204,648 $1,846,900 $6,413,872 $357,748
2020 $2,253,402 $1,196,115 $6,056,770 $1,057,287
2019 $1,031,339 $560,242 $5,012,572 $471,097
2018 $1,573,973 $1,561,360 $4,455,521 $12,613
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