SHIRDI SAI SAMSTHAN OF SEVEN HILLS INC

EIN: 824887148 501(c)(3) Religion

Tallahassee, FL

Total Revenue
$2,200
Total Expenses
$9,847
Total Assets
$88,880
Net Assets
$88,880
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
FL
Principal Officer
Bala M Kosuri
Phone
8507662092
Tax Period
2023-01-01 to 2023-12-31

SHIRDI SAI SAMSTHAN OF SEVEN HILLS INC, founded in 2018, is a micro nonprofit in the Religion sector that reported $2K in total revenue in fiscal year 2023. Revenue fell 93% from the prior year — a significant decline worth monitoring. Expenses of $10K exceeded revenue, resulting in a 348% operating deficit.

Mission

The primary purpose of the corporation shall be to provide a place of worship and other facilities in Tallahassee for the practice of philosophy and teachings of Sri Shirdi Saibaba. furthermore, the purpose of the corporation shell be to provide and support educational, religious and cultural and literacy program; to conduct such activities and incidental thereto, including but no limited to raising funds for organization and other charitable purposes.

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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 $1,750
Program Service Revenue $450
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,200

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $9,847
Other Expenses $9,847
TOTAL EXPENSES $9,847

Year-over-Year Comparison

2023 2022 Change
Revenue $2,200 $30,922 -0.9%
Expenses $9,847 $12,838 -0.2%
Net Income $-7,647 $18,084 -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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
6

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
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Suresh Kondapalli Governing body member 1
Director
$0 $0 $0
Harinatha Vemireddy Governing body member 1
Director
$0 $0 $0
Usha Putcha Governing body member 1
Director
$0 $0 $0
Sarada Posinasetty Governing body member 1
Director
$0 $0 $0
Jayashree Kasturi Governing body member 2
Director
$0 $0 $0
Vamsi Pasala Governing body member 1
Director
$0 $0 $0
Jyothi Murthy Governing body member 1
Director
$0 $0 $0
Viveka Golla Governing body member 1
Director
$0 $0 $0
Gopikrishna Kakarla Governing body member 1
Director
$0 $0 $0
Madhu V K Doddi Director 2
Director
$0 $0 $0
Sudhir Vangadhar Director 2
Director
$0 $0 $0
Bala M Kosuri Director 2
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
2023 $2,200 $9,847 $88,880 $-7,647
2022 $30,922 $12,838 $96,527 $18,084
2021 $64,805 $9,081 $78,443 $55,724
2020 $1,254 $1,992 $23,507 $-738
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