Global Relationships Arts Culture And Educatuin In

EIN: 462455233 501(c)(3) Education

San Jose, CA

Total Revenue
$45,741
Total Expenses
$228,834
Total Assets
$52,102
Net Assets
$52,102
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
CA
Tax Period
2020-01-01 to 2020-12-31

Global Relationships Arts Culture And Educatuin In, founded in 2013, is a micro nonprofit in the Education sector that reported $46K in total revenue in fiscal year 2020. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $229K exceeded revenue, resulting in a 400% operating deficit.

Mission

The specific purpose of GRACE is to promotesustainable and holistic living through individual and collective empowerment and training programs.

Program Service Accomplishments

Program 1
Expenses: $84,118

Youth holistic development:The project aims at supporting students by providing Free and Subsidized Nutritious food, Academic Scholarships and Education for Skill Development and Positive Value...

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Youth holistic development:The project aims at supporting students by providing Free and Subsidized Nutritious food, Academic Scholarships and Education for Skill Development and Positive Value Development to empower these youths with a better character and skill set to flourish individually and socially. We protect these youths from Stress and Addiction by providing them a positive culture of love and care with our Hostel Facilities. We work towards providing the 4 vital needs for the youth and students - 1) Academic Scholarships to needy students 2) Free food and hostel facility 3) A positive association, Value Education and a Stress free environment 4) Skill Development through vocational training workshops method, Music therapy etc. to promote a more natural and holistic lifestyle based on harmony between the body, mind and the nature around us.

Program 2
Expenses: $63,825

Corporate lunch and learn sessions:We regularly conduct soft skill/lunch-and-learn seminars at various corporate venues along with technical skills. Seminar topics include, The Voice of Leadership...

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Corporate lunch and learn sessions:We regularly conduct soft skill/lunch-and-learn seminars at various corporate venues along with technical skills. Seminar topics include, The Voice of Leadership, Developing Executive Leadership, Critical Thinking, Situational Leadership Workshop, Collaborative Leadership Skills, Leadership and Team Development for Managerial Success, Project Team Leadership, The 7 Habits of Highly Effective People, Strategic Leadership, Leading with Emotional Intelligence, Coaching: A Strategic Tool for Effective Leadership, Strategic Agility and Resilience, Strategic Thinking. These include introduction to ancient oriental and western techniques such as pranayama (breathing exercise), yoga, awakening release meditation, Sedona

Program 3
Expenses: $49,777

Food distribution:With the advent of COVID-19 pandemic all across the world, everyone is locked down in their homes. Even basic necessity of food and medicines is a challenge for the underprivileged...

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Food distribution:With the advent of COVID-19 pandemic all across the world, everyone is locked down in their homes. Even basic necessity of food and medicines is a challenge for the underprivileged and they are forced to think Will Corona KILL first or Hunger. This is an opportunity for us to come together to help our underprivileged brothers and sisters in this most difficult time. We are already working on the following: Providing free daily meals to the families of daily wage workers and laborers. Providing training in cleanliness and hygiene required to prevent Corona. Providing basic medical things like masks, sanitizers. Arranging online courses for counselling in the times of crisis.

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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 (2020)

Revenue Breakdown

Contributions & Grants $44,924
Program Service Revenue $0
Investment Income $817
Other Revenue $0
TOTAL REVENUE $45,741

Expense Breakdown

Grants Paid $5,700
Salaries & Benefits $0
Fundraising Expenses $5,482
Program Expenses $197,720
Other Expenses $217,652
TOTAL EXPENSES $228,834

Year-over-Year Comparison

2020 2019 Change
Revenue $45,741 $102,644 -0.6%
Expenses $228,834 N/A N/A
Net Income $-183,093 $102,644 -2.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
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
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anurag Veerapaneni Director 10.00
Director
$0 $0 $0
SUDHIR SAINI Director 20.00
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
2020 $45,741 $228,834 $52,102 $-183,093
2019 $102,644 $298,934 $235,195 $-196,290
2018 $315,837 $247,920 $431,485 $67,917
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