VANGURI FOUNDATION OF AMERICA

EIN: 760444238 501(c)(3) Arts, Culture & Humanities

Sugar Land, TX

Total Revenue
$265,120
Total Expenses
$287,776
Total Assets
$21,004
Net Assets
$21,004
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
TX
Principal Officer
Raju Vanguri
Phone
8325949054
Tax Period
2023-01-01 to 2023-12-31

VANGURI FOUNDATION OF AMERICA, founded in 1994, is a small nonprofit in the Arts, Culture & Humanities sector that reported $265K in total revenue in fiscal year 2023. Revenue fell 34% from the prior year — a significant decline worth monitoring.

Mission

MISSION STATEMENT * To create a literary forum to encourage creative literary activity, recognize authors and publish their work, to organize literary symposiums and to foster exchange of ideas. * To promote performing arts, classical music, music creation, drama and to create a forum for conferences for exchange of ideas in similar activities. * To provide scholarships to deserving students in various educational institutions. * To assist in improving infrastructure facilities at educational institutions. * To provide all the services as a non-profit organization subject to all governmental regulations. * To provide assistance for humanitarian and charitable projects around the world. * To provide support for education, food, study material, uniform, surgical corrections & medicines for poor, physically disadvantaged children.

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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 $265,120
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $265,120

Expense Breakdown

Grants Paid $252,425
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $264,020
Other Expenses $35,351
TOTAL EXPENSES $287,776

Year-over-Year Comparison

2023 2022 Change
Revenue $265,120 $399,832 -0.3%
Expenses $287,776 $411,003 -0.3%
Net Income $-22,656 $-11,171 +1.0%
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
3
Independent Members
3
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
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Raju Vanguri President 20
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 $265,120 $287,776 $21,004 $-22,656
2022 $399,832 $411,003 $43,660 $-11,171
2021 $304,227 $287,702 $54,831 $16,525
2020 $251,399 $235,429 $38,306 $15,970
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