The Kunduru Foundation

EIN: 831569090 501(c)(3) Philanthropy & Grantmaking

Columbus, OH

Total Revenue
$239,468
Total Expenses
$289,293
Total Assets
$471,055
Net Assets
$471,055
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
OH
Principal Officer
Ravi Kunduru
Phone
6144772944
Tax Period
2023-01-01 to 2023-12-31

The Kunduru Foundation, founded in 2018, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $239K in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $289K exceeded revenue, resulting in a 21% operating deficit.

Mission

EducationOne Step at a TimeAs part of Education related activities, KF is committed to launch Kunduru Global Academy(KGA) by 2022 with the following goals in mind - Women Entrepreneurship for "Women Majority Enterprise and Youth Innovation and Leadership Program.HealthcareReinforcing our CommitmentWith this initiative, our goal is to promote great opportunities for those in need. With access to the right resources, people can become empowered by their own abilities and gain the confidence to fulfill their potential. Learn more about our work by getting in touch with our team today.FaithOrganizational ImprovementsWith this initiative, our goal is to promote great opportunities for those in need. With access to the right resources, people can become empowered by their own abilities and gain the confidence to fulfill their potential. Learn more about our work by getting in touch with our team today.

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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 $250,248
Program Service Revenue $0
Investment Income $-10,780
Other Revenue $0
TOTAL REVENUE $239,468

Expense Breakdown

Grants Paid $271,000
Salaries & Benefits $0
Fundraising Expenses $6,900
Program Expenses $282,393
Other Expenses $11,393
TOTAL EXPENSES $289,293

Year-over-Year Comparison

2023 2022 Change
Revenue $239,468 $182,540 +0.3%
Expenses $289,293 $26,392 +10.0%
Net Income $-49,825 $156,148 -1.3%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

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
2
Independent Members
2
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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ravi Kunduru President & CEO 8.00
Officer Director
$0 $0 $0
Sheela Kunduru Secretary 8.00
Officer 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 $239,468 $289,293 $471,055 $-49,825
2022 $182,540 $26,392 $483,489 $156,148
2021 $66,654 $26,772 $380,061 $39,882
2020 $8,854 $68,016 $326,011 $-59,162
2019 $6,397 $42,282 $371,725 $-35,885
2018 $479,111 $71,501 $407,610 $407,610
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