SREE VENKATESWARA TEMPLE OF CLEVELAND

EIN: 593815377 501(c)(3) Religion

RICHFIELD, OH

Total Revenue
$781,451
Total Expenses
$805,888
Total Assets
$5,638,198
Net Assets
$4,539,491
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
OH
Principal Officer
JAGDISH MEDARAMETLA
Phone
3305765626
Tax Period
2024-01-01 to 2024-12-31

SREE VENKATESWARA TEMPLE OF CLEVELAND, founded in 2008, is a small nonprofit in the Religion sector that reported $781K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Net assets of $4.5M represent 70 months of operating reserves.

Mission

TO PROVIDE RELIGIOUS SERVICES IN THE COMMUNITY AS PER PANCHARATRA AGAMA WITH THE FOLLOWING DEITIES, (1)SREE VENKATESWARA, (2)SRIDEVI, (3)SRI BOODEVI, (4)SRI ANJANEYA, (5)SRI GARUDA, (6)SRI GANESHA, AND TO PROMOTE CAUSES OF THE HINDU RELIGION.

Program Service Accomplishments

Program 1
Expenses: $805,888

PROVIDE RELIGIOUS SERVICES TO THE HINDU COMMUNITY. PROMOTE KNOWLEDGE OF THE HINDU FAITH. RECRUIT PEOPLE TO PARTICIPATE IN CEREMONIES AND TEMPLE ACTIVITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $777,502
Program Service Revenue $0
Investment Income $3,949
Other Revenue $0
TOTAL REVENUE $781,451

Expense Breakdown

Grants Paid $0
Salaries & Benefits $124,231
Fundraising Expenses $0
Program Expenses $805,888
Other Expenses $681,657
TOTAL EXPENSES $805,888

Year-over-Year Comparison

2024 2023 Change
Revenue $781,451 $875,525 -0.1%
Expenses $805,888 $662,219 +0.2%
Net Income $-24,437 $213,306 -1.1%
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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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
8
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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANDINI KULASEKARAN JOINT TREASU N/A
Officer
$0 $0 $0
MURALI LAKIREDDY VICE CHARMAN N/A
Officer
$0 $0 $0
JAGDISH MEDARAMETLA CHAIRMAN N/A
Officer
$0 $0 $0
SUMAN PILLARISETTI SECRETARY N/A
Officer
$0 $0 $0
SARALA VENNA TREASURER N/A
Officer
$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
2025 No data No data No data No data
2024 $781,451 $805,888 $5,638,198 $-24,437
2023 $875,525 $662,219 $5,946,430 $213,306
2022 $682,675 $780,393 $5,748,995 $-97,718
2021 $808,668 $559,696 $5,604,828 $248,972
2020 $524,068 $642,125 $5,706,382 $-118,057
2019 $810,703 $579,423 $5,706,452 $231,280
2018 $804,584 $444,362 $5,158,787 $360,222
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