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The Pranan Foundation INC EIN 82-3201792

The Pranan Foundation INC

EIN  82-3201792 Private foundation / grantmaker Sandy Springs, GA
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Size
$100K–1M
What they do
A private foundation based in Sandy Springs, GA. It reported about $546K in revenue for 2024.
Leadership
Vikas Verma · President
Money in and out
$546K revenue, $294K expenses
Bottom line
—

A private foundation based in Sandy Springs, GA. It reported about $546K in revenue for 2024. For fiscal year 2024 it reported $546K in revenue, $294K in expenses, and $4.7M in net assets.Pt I

Grants paid & assets · FY2024
Total revenue
$546K
Pt VIII · Ln 12
Total expenses
$294K
Pt IX · Ln 25
Net assets
$4.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $252K
Total assets
4.7M
deployed as grants and operations
Grants paid
274K
in FY2024
Grants made
37grants
total in period
Payout rate
6%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 37 grants · $274K · 2024–2024
Wounded Warrior Project INCFL · FY2024$10,000
Usga FoundationNJ · FY2024$10,000
Tunnel to Towers FoundationFY2024$10,000
The 410 Bridge INCGA · FY2024$10,000
St Jude INCTX · FY2024$10,000
Sewa International INCTX · FY2024$10,000
Senior Citizen ProgramFY2024$10,000
Raksha INCGA · FY2024$10,000
Open HandFY2024$10,000
Intown Collaborative Ministries INCGA · FY2024$10,000
Habitat for HumanityFY2024$10,000
Camp Horizon INCFY2024$10,000
Bonnie Youth ClubFY2024$10,000
Atlanta Music Project INCGA · FY2024$10,000
Atlanta MissionFY2024$10,000
Atlanta Community Food Bank INCGA · FY2024$10,000
Ryan Seacrest Foundation INCTN · FY2024$7,500
MedshareFY2024$7,500
See all 37 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV18
Average grantPart XV$7K
Median grantPart XV$8K
Largest grantPart XV$10K
Top cause focusNTEEHuman Services (19%)

Summary of the Filing

Part I · fiscal year 2024 · Form 990-PF
Revenue
$546K
FY2024▼ -11%
Expenses
$294K
FY2024▼ -5%
Total assets
$4.7M
FY2024▲ +6%
Total liabilities
$6K
FY20240%
Total revenue
$546K
Pt VIII · Ln 12
Total expenses
$294K
Pt IX · Ln 25
Net assets
$4.7M
Pt X · Ln 32
Total assetsPt II$4.7M

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Pranan Foundation INC
EINHdr · item D82-3201792
Principal addressHdr · item CSandy Springs, GA
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T90)
Ruling yearIRS BMFJun 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Vikas Verma
President
$0Pt VII · Sec A
Achala Verma
Vice President
$0Pt VII · Sec A
Ritu V Gordon
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
See The Pranan Foundation INC executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$404K · 74%
Investment income$142K · 26%
Contributions & grants74%$404K
Investment income26%$142K
Total revenueLn 12$546K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.93 Operating & administrative $0.07
Grants & contributions paid93%$274K
Operating & administrative7%$20K
Total functional expensesLn 25$294K

Balance Sheet

Part X · end of year
CashLn 1$1.4M
Total assetsLn 16$4.7M
Total liabilitiesLn 26$6K
Total net assetsLn 32$4.7M
Months of cash on handcomputed58.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $4.7M
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $546K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $546K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $546K · Prior year $616K
-11%
Revenue CAGR
FY2020 $2.4M · FY2024 $546K
-31%
Net-asset trend (YoY)
End of year $4.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $546K · Expenses $294K
+46%
Liabilities-to-Assets
Total liabilities — · Total assets $4.7M
—
Net-asset ratio
Net assets $4.7M · Total assets $4.7M
100%
People & payroll
Highest Reported Total Compensation
Individual Vikas Verma · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $294K
0%
Personnel share
not reported
Peer comparison

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

MetricThis orgPeer medianPercentile
Revenue growth -11%——

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.

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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)$546K revenue · viewing · ⤓ 990 PDF
FY2023$616K revenue · ⤓ 990 PDF
FY2022$171K revenue · ⤓ 990 PDF
FY2021$860K revenue · ⤓ 990 PDF
FY2020$2.4M revenue · ⤓ 990 PDF

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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
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