Prashanthi Nilayam EIN 47-1146615 Form 990 (PDF) Claim this org

Prashanthi Nilayam FY2023 filing

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Prashanthi Nilayam is a public foundation based in Tracy, CA. For fiscal year 2023 it reported $633K in revenue, $139K in expenses, and $1.9M in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Tracy, CA
Filings
5 on file (2020–2023)
Revenue
$633KFY2023
Expenses
$139K
Net assets
$1.9M
People
11
Filings
5
Updates
0
More identity details & actions ⌄
EIN  47-1146615 Public foundation / grantmaker Tracy, CA
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
a public foundation
Leadership
Ramu Malaiyandi · Officer
Money in and out
$633K revenue, $139K expenses
Bottom line
100% program efficiency
Grants paid & assets · FY2023
Total revenue
$633K
Pt VIII · Ln 12
Total expenses
$139K
Pt IX · Ln 25
Net assets
$1.9M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $494K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
20.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+78%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$633K
FY2023▲ +100%
Expenses
$139K
FY2023▼ -8%
Total assets
$2.9M
FY2023▲ +1.0%
Total liabilities
$1.0M
FY2023▼ -32%
Total revenue
$633K
Pt VIII · Ln 12
Total expenses
$139K
Pt IX · Ln 25
Net assets
$1.9M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$494K
Total assetsPt X · Ln 16$2.9M
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPrashanthi Nilayam
EINHdr · item D47-1146615
Principal addressHdr · item CTracy, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T50)
Ruling yearIRS BMFAug 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
President & Treasurer
$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
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Mission & Programs · Part III

Where the work happens

1 program service account for $139K of program spending, described in the organization's own filed words · FY2023.
01

Served total of 25,000 lunch meals(500 meals per week over 3days per week) to the unhoused folks in downtown area in San Jose, CA; 2000 breakfast/lunch meals served to the unhoused community at the encampments in El Pescadero Park, Tracy, CA; delivered 360 pasta/garlic bread dinner meals to Missionaries of Charity in San Francisco to…

$139Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$453K · 72%
Other revenue$170K · 27%
Investment income$10K · 2%
Contributions & grants72%$453K
Other revenue27%$170K
Investment income2%$10K
Total revenueLn 12$633K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$139K
Total functional expensesLn 25$139K

Balance Sheet

Part X · end of year
CashLn 1$235K
Total assetsLn 16$2.9M
Total liabilitiesLn 26$1.0M
Total net assetsLn 32$1.9M
Months of cash on handcomputed20.3

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $235K · Operating expenses/yr $139K
20.3 months
Where the money goes
Program services
Program services $139K · Total expenses $139K
100%
Management & General
Management & general $0 · Total expenses $139K
0%
Fundraising
Fundraising $0 · Total expenses $139K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $415K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $453K · Total revenue $633K
72%
Government reliance
Government grants — · Total revenue $633K
Earned-income share
Program service revenue $0 · Total revenue $633K
0%
Investment reliance
Investment income $10K · Total revenue $633K
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $139K
0%
Growth & trend
Revenue growth (YoY)
This year $633K · Prior year $317K
+100%
Net-asset trend (YoY)
End of year $1.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $633K · Expenses $139K
+78%
Liabilities-to-Assets
Total liabilities — · Total assets $2.9M
Net-asset ratio
Net assets $1.9M · Total assets $2.9M
66%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.9M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ramu Malaiyandi · Reported title Officer · Highest reported compensation $0 · Total expenses $139K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $139K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth 100%

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.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$34K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$400K revenue · ⤓ 990 PDF
FY2023$633K revenue · viewing · ⤓ 990 PDF
FY2022$317K revenue · ⤓ 990 PDF
FY2021$728K revenue · ⤓ 990 PDF
FY2020$37K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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