5t Foundation

Tax-deductible

Lafayette, CO501(c)(3)ReligionEIN 81-4428720

(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

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
Run by 3 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
501(c)(3)
not on the IRS revocation list
IRS BMF · Auto-Revocation List
Are gifts tax-deductible?
Yes
Donations are tax-deductible
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2024
latest Form 990
IRS e-file · Filing history
Is it financially stable?
4 of 5
years in the black
Pt I · Ln 19 · 5 filings
How much reaches the programs?
77%
of spending
Pt IX · Ln 25 · col B
Do they have reserves?
40 mo
of spending, in cash
Pt X · Ln 1–2 · Pt I · Ln 18
Who is supporting them already?
1
named funder · $2K
Funders’ Sch. I, 990-PF
Do they carry debt?
$8K
liabilities
Pt X · Ln 26
Who oversees it?
1
independent of 1 voting board members
Pt VI · Ln 1a–1b
Revenue
$102K
+82% vs prior year
Spent
$39K
To programs
77%
Net assets
$122K
By yearFY2020–FY2024
Revenue
$102K
FY2024▲ +82%
Revenue by fiscal year
FY2020$42K
FY2021$48K
FY2022$54K
FY2023$56K
FY2024$102K
Expenses
$39K
FY2024▲ +43%
Expenses by fiscal year
FY2020$100K
FY2021$4K
FY2022$42K
FY2023$27K
FY2024$39K
Net assets
$122K
FY2024
Net assets by fiscal year
FY2020$0
FY2021$0
FY2022$0
FY2023$0
FY2024$122K

From the FY2024 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?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item C5t Foundation
EINHdr · item D81-4428720
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMar 2017
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CLafayette, CO
NTEE classificationIRS BMFReligion (X99)

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 $0.77 Management & general $0.23
Program services77%$30K
Management & general23%$9K
Total functional expensesLn 25$39K

Financial health

Is it on solid ground?

Program efficiency
77%
of spending reaches programs▼ -19% vs prior filing year
Operating runway
39.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+62%
revenue over expenses, this year▲ +21% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$130K
FY2024
Total assets by fiscal year
FY2020$0
FY2021$0
FY2022$0
FY2023$0
FY2024$130K
Total liabilities
$8K
FY2024
Total liabilities by fiscal year
FY2020$0
FY2021$0
FY2022$0
FY2023$0
FY2024$8K
Revenue less expensesPt I · Ln 19$63K
Total assetsPt X · Ln 16$130K
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 31
Independent voting membersPt I · Ln 41

Balance Sheet

Part X · end of year
CashLn 1$130K
Total assetsLn 16$130K
Total liabilitiesLn 26$8K
Total net assetsLn 32$122K
Months of cash on handcomputed39.9

Statement of Revenue

Part VIII
Contributions & grants$72K · 70%
Program service revenue$30K · 30%
Contributions & grants70%$72K
Program service revenue30%$30K
Total revenueLn 12$102K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $130K · Operating expenses/yr $39K
39.9 months
Where the money goes
Program services
Program services $30K · Total expenses $39K
77%
Management & General
Management & general $9K · Total expenses $39K
23%
Fundraising
Fundraising $0 · Total expenses $39K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $57K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $72K · Total revenue $102K
70%
Government reliance
Government grants — · Total revenue $102K
—
Earned-income share
Program service revenue $30K · Total revenue $102K
30%
Investment reliance
Investment income $0 · Total revenue $102K
0%
Program self-sufficiency
Program service revenue $30K · Total expenses $39K
78%
Growth & trend
Revenue growth (YoY)
This year $102K · Prior year $56K
+82%
Revenue CAGR
FY2020 $42K · FY2024 $102K
+25%
Net-asset trend (YoY)
End of year $122K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $102K · Expenses $39K
+62%
Liabilities-to-Assets
Total liabilities — · Total assets $130K
—
Net-asset ratio
Net assets $122K · Total assets $130K
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $130K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Dave Malhotra · Reported title President · Highest reported compensation $0 · Total expenses $39K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $39K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 77%——
Overhead ratio 23%——
Fundraising cost ratio 0%——
Revenue growth 82%——
Legal fee ratio 17%——
Accounting fee ratio 1%——

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
President
$0Pt VII · Sec A
See 5t Foundation executive salaries →

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Governance & Policies

Part VI
  • 1Voting board membersPt VI · Ln 1a
  • 1Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • 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.

Spreads spiritual knowledge and practices to foster unity and peace globally.

Provided by the organization

This section is blank until 5t Foundation claims this page.

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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 1 funder$2K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest Viewing $102K$39K+82% 990 PDF
FY2023 $56K$27K+3% 990 PDF
FY2022 $54K$42K+14% 990 PDF
FY2021 $48K$4K+12% 990 PDF
FY2020 $42K$100K 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) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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