Mandaara-New England Kannada Koota

EIN: 237267242 501(c)(3) Religion

Hopkinton, MA

Total Revenue
$126,805
Total Expenses
$80,105
Total Assets
$152,776
Net Assets
$152,776
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
MA
Principal Officer
Ashwini Shankaramurthy
Phone
5083305838
Tax Period
2022-07-01 to 2023-06-30

Mandaara-New England Kannada Koota, founded in 2011, is a small nonprofit in the Religion sector that reported $127K in total revenue in fiscal year 2022. Revenue surged 124% from the prior year, signaling strong growth momentum. The organization ran a surplus of $47K, a strong 37% operating margin.

Mission

Represent people originating from the Karnataka state, India or people interested in Kannada language, tradition, and culture of the Kannada community and to impart the same on the next generation.

Program Service Accomplishments

Program 1
Expenses: $30,000

Right to Live Foundation is focused on empowering children studying in rural government schools to become healthier, educated and responsible young adults. Our donation is focused on providing...

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Right to Live Foundation is focused on empowering children studying in rural government schools to become healthier, educated and responsible young adults. Our donation is focused on providing laptops, projects and other digital tools to empower rural government school students to avail the digital literacy and bridge the gap in skills.

Program 2
Expenses: $30,000

One School at a Time is focused on improving the access to education at rural schools and improving infrastructure and teaching methods. Our contribution has helped transform more than 75 schools and...

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One School at a Time is focused on improving the access to education at rural schools and improving infrastructure and teaching methods. Our contribution has helped transform more than 75 schools and over 14,000 children on a better learning journey and till now over 70,000 children have been positively impacted by the donations.

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Trantor Score

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 (2022)

Revenue Breakdown

Contributions & Grants $100,045
Program Service Revenue $0
Investment Income $1,193
Other Revenue $25,567
TOTAL REVENUE $126,805

Expense Breakdown

Grants Paid $60,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $60,000
Other Expenses $20,105
TOTAL EXPENSES $80,105

Year-over-Year Comparison

2022 2021 Change
Revenue $126,805 $56,657 +1.2%
Expenses $80,105 $46,838 +0.7%
Net Income $46,700 $9,819 +3.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Murali Kudlugi President 010.00
Director
$0 $0 $0
Hema Swamy Secretary 010.00
Director
$0 $0 $0
Ashwini Shankaramurthy Treasurer 010.00
Director
$0 $0 $0
Shobha Hiremath Cultural Lead 005.00
Director
$0 $0 $0
Ram Mohan Deshpande Food - Co Lead 005.00
Director
$0 $0 $0
Sudhakar Rao Charities Lead 005.00
Director
$0 $0 $0
Ungaraj Lingadal Facilities Lead 005.00
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
2023 $126,805 $80,105 $152,776 $46,700
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