5T Foundation

EIN: 814428720 501(c)(3) Religion

Lafayette, CO

Total Revenue
$101,864
Total Expenses
$38,959
Total Assets
$129,617
Net Assets
$121,817
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
CO
Principal Officer
DAVE MALHOTRA
Phone
3036383505
Tax Period
2024-01-01 to 2024-12-31

5T Foundation, founded in 2017, is a small nonprofit in the Religion sector that reported $102K in total revenue in fiscal year 2024. Revenue surged 82% from the prior year, signaling strong growth momentum. The organization ran a surplus of $63K, a strong 62% operating margin.

Mission

(a) To systematically propagate spiritual knowledge to society at large and to educate all peoples in the techniques of spiritual life in order to check the imbalance of values in life and to achieve real unity and peace in the world. To build temples for which these values can be gifted to the public. (b) To propagate a consciousness of the Lord Sri Krishna revealed in Bhagavad??gita, Srimad Bhagavatam; (c) To bring the members of the Society, together with each other and nearer to Krishna, the prime entity, Vedic knowledge and self-realization, the prime goal of life, and thus to develop the idea, within the members, and humanity at large, that each soul is part and parcel of the quality of Godhead (Krishna); (d) To teach and encourage the Sankirtan movement, congregational chanting of the holy names of God, as revealed in the teaching of Lord Sri Chaitanya Mahaprabhu; As well as caring for the welfare of cows as per our beliefs which show the validity of their purpose in life, susta

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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 $71,551
Program Service Revenue $30,313
Investment Income $0
Other Revenue $0
TOTAL REVENUE $101,864

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $30,115
Other Expenses $38,959
TOTAL EXPENSES $38,959

Year-over-Year Comparison

2024 2023 Change
Revenue $101,864 $55,842 +0.8%
Expenses $38,959 $27,291 +0.4%
Net Income $62,905 $28,551 +1.2%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
1
Independent Members
1
Employees
N/A
Volunteers
3

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dave Malhotra President 10.00
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
2024 $101,864 $38,959 $129,617 $62,905
2023 $55,842 $27,291 No data $28,551
2022 $54,011 $42,074 No data $11,937
2021 $47,538 $4,128 No data $43,410
2020 $42,300 $100,226 No data $-57,926
2019 $68,436 $18,539 No data $49,897
2018 $20,687 $26,884 No data $-6,197
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