VASUDEVANANDA CHARITABLE ORGANIZATION INC

EIN: 461228530 501(c)(3) International Affairs

Livermore, CA

Total Revenue
$724,859
Total Expenses
$598,609
Total Assets
$1,749,008
Net Assets
$1,749,008
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
CA
Principal Officer
Ravi Kiran Meka Venkata
Phone
4085052293
Tax Period
2023-01-01 to 2023-12-31

VASUDEVANANDA CHARITABLE ORGANIZATION INC, founded in 2012, is a small nonprofit in the International Affairs sector that reported $725K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $126K, a strong 17% operating margin.

Mission

VCOI also supports charitable organizations in USA that provide direct support in providing free food, free clothing and assistance during natural calamities. Where and when possible, VCOI also organizes frequent spiritual events in California and across USA, some of which are conducted under the aegis of the Spiritual Master, Sri Vasudevananda Swamy of India, espousing the causes of universal brotherhood and charity as laid out in Hindu spiritual Dharma.

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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 (2023)

Revenue Breakdown

Contributions & Grants $685,825
Program Service Revenue $0
Investment Income $39,034
Other Revenue $0
TOTAL REVENUE $724,859

Expense Breakdown

Grants Paid $582,464
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $597,276
Other Expenses $16,145
TOTAL EXPENSES $598,609

Year-over-Year Comparison

2023 2022 Change
Revenue $724,859 $558,098 +0.3%
Expenses $598,609 $842,865 -0.3%
Net Income $126,250 $-284,767 -1.4%
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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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
10

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
Srinivas Pyda CHAIRMAN 5.00
Director
$0 $0 $0
Latha Kandaswamy PRESIDENT 5.00
Director
$0 $0 $0
Raju Chamarthi Vice Chairman 5.00
Director
$0 $0 $0
BHUVAN PADAKANTI Secretary 5.00
Director
$0 $0 $0
RAVI KIRAN MEKA TREASURER 5.00
Director
$0 $0 $0
Rama Raju Poranki Joint-Secretary 5.00
Director
$0 $0 $0
Ashwin Goyal Joint-Treasurer 5.00
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 No data No data No data No data
2023 $724,859 $598,609 $1,749,008 $126,250
2023 $724,859 $598,609 $1,750,878 $126,250
2022 $559,968 $542,865 $1,591,830 $17,103
2022 $557,842 $842,670 $1,280,796 $-284,828
2021 $1,255,041 $337,079 $1,567,373 $917,962
2020 $611,703 $999,823 $663,694 $-388,120
2019 $751,626 $645,959 $1,039,417 $105,667
2018 $761,764 $333,855 $933,930 $427,909
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