Spandana Foundation

Springfield, IL · Public charity (501(c)(3)) · Since 2007 · International

✓ Tax-deductible
Revenue
$102K
+0.4% vs prior year
Spent
$73K
To programs
100%
Net assets
$46K
By yearFY2020–FY2025
Revenue
$102K
FY2025+0.4%
Revenue by fiscal year
FY2020$232K
FY2021$223K
FY2022$118K
FY2023$139K
FY2024$102K
FY2025$102K
Expenses
$73K
FY2025▼ -22%
Expenses by fiscal year
FY2020$159K
FY2021$267K
FY2022$148K
FY2023$133K
FY2024$93K
FY2025$73K
Net assets
$46K
FY2025▼ -66%
Net assets by fiscal year
FY2020$195K
FY2021$151K
FY2022$121K
FY2023$127K
FY2024$136K
FY2025$46K

From the FY2025 Form 990 · see the original

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Legal name (IRS)Hdr · item CSpandana Foundation
EINHdr · item D26-2002409
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMay 2009
Year of formationHdr · item L2007
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CSpringfield, IL
NTEE classificationIRS BMFInternational (Q33)
WebsiteHdr · item Jwww.spandana.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$73K
Total functional expensesLn 25$73K

Financial health

Is it on solid ground?

Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
7.6mo
months of highly liquid reserves at operating expense rate▼ -57% vs prior filing year
Surplus margin
+29%
revenue over expenses, this year▲ +244% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$46K
FY2025▼ -66%
Total assets by fiscal year
FY2020$195K
FY2021$151K
FY2022$121K
FY2023$127K
FY2024$136K
FY2025$46K
Total liabilities
$0
FY2025
Total liabilities by fiscal year
FY2020$0
FY2021$0
FY2022$0
FY2023$0
FY2024$0
FY2025$0
Revenue less expensesPt I · Ln 19$29K
Total assetsPt X · Ln 16$46K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 47

Balance Sheet

Part X · end of year
CashLn 1$46K
Total assetsLn 16$46K
Total liabilitiesLn 26$0
Total net assetsLn 32$46K
Months of cash on handcomputed7.6

Statement of Revenue

Part VIII
Program service revenue100%$102K
Total revenueLn 12$102K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $46K · Operating expenses/yr $73K
7.6 months
Where the money goes
Program services
Program services $73K · Total expenses $73K
100%
Management & General
Management & general $0 · Total expenses $73K
0%
Fundraising
Fundraising $0 · Total expenses $73K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $102K
0%
Government reliance
Government grants — · Total revenue $102K
—
Earned-income share
Program service revenue $102K · Total revenue $102K
100%
Investment reliance
Investment income $0 · Total revenue $102K
0%
Program self-sufficiency
Program service revenue $102K · Total expenses $73K
140%
Growth & trend
Revenue growth (YoY)
This year $102K · Prior year $102K
+0.4%
Revenue CAGR
FY2020 $232K · FY2025 $102K
-15%
Net-asset trend (YoY)
End of year $46K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $102K · Expenses $73K
+29%
Liabilities-to-Assets
Total liabilities — · Total assets $46K
—
Net-asset ratio
Net assets $46K · Total assets $46K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $46K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Goverdhan Galpalli · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $73K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $73K
—
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%——
Revenue growth 0.4%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Spandana Foundation executive salaries →

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Governance & Policies

Part VI
  • 11Voting board membersPt VI · Ln 1a
  • 7Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Improves student education in poor communities by providing tools and amenities to schools.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services account for $73K of program spending, described in the organization's own filed words · FY2025.
01

Cheyuta Project

This Project concentratees on health, nutrition, general care and rehabilitation of disadvantaged groups including rural population, orphans, senior citizens,homeless and the physically and mentelly handicapped

$28Kprogram expense
02

Prathibha Project- The main goal of Prathibha project is to support poor and meritorious students financially and motivate them to attain higher studies. THis initiatives will help us to develop an educated society by which we can contribute to the growth of a community

$24Kprogram expense
03

Vidyalaya Program- To provide education for students whose family is in dire need of assistance

$20Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$66K
See all 3 funders →

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest Viewing $102K$73K+0.4% 990 PDF
FY2024 $102K$93K-27% 990 PDF
FY2023 $139K$133K+18% 990 PDF
FY2022 $118K$148K-47% 990 PDF
FY2021 $223K$267K-4% 990 PDF
FY2020 $232K$159K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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