Htct Foundation: FY2021 Nonprofit Profile & Form 990 (EIN 83-3064078)

Revenue by fiscal year
FY2020	$89K
FY2021	$220K
FY2022	$83K
FY2023	$42K
FY2024	$149K

Expenses by fiscal year
FY2020	$38K
FY2021	$24K
FY2022	$21K
FY2023	$22K
FY2024	$50K

Net assets by fiscal year
FY2020	$1.4M
FY2021	$1.6M
FY2022	$1.7M
FY2023	$1.7M
FY2024	$1.8M

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2019.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

100%

Management & general 100% · $24K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation

Bala Shagrithaya

President/Director

$0Pt VII · Sec A

Gopal Guttikonda

Secretary/Director

$0Pt VII · Sec A

Madhava R Beeram

Director

$0Pt VII · Sec A

Thomas C Baird

Director

$0Pt VII · Sec A

Bhaskar Vourganti

Director

$0Pt VII · Sec A

See Htct Foundation executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Invests and distributes funds to other nonprofits, primarily supporting the Hindu Temple of Central Texas.

Questions for Htct Foundation

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1 program · in their own filed words · FY2021

01

To support the hindu temple of central texas.

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 83-3064078) · Dispute this line

Pt IX · Ln 25 · col B

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking

Grants paid · 2 grants · $42K · 2020–2024

Hindu Temple of Central TexasTX · FY2024$25,000

Hindu Temple of Central TexasTX · FY2020$17,000

By the numbers

The FY2021 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$220K

Ln 12

Investment incomeLn 3$220K

Money outPt IX

$24K

Ln 25

Managementcol C$24K

Owns and owesPt X

$1.6M

net assets · Ln 32

Total assetsLn 16$1.6M

LiabilitiesLn 26$0

PeoplePt VI, VII

5

listed · VII A

PaidVII A0

Voting boardVI 1a4

IndependentVI 1b4

2In more detail

Revenue in detailPt VIII

Investment incomeLn 3$220K

Gains on assetsLn 7$131K

Total revenueLn 12$220K

Assets in detailPt X, end of year

InvestmentsLn 11–13$1.6M

Total assetsLn 16$1.6M

LiabilitiesLn 26$0

Net assetsLn 32$1.6M

OperationsPt I, VI

EmployeesI 50

VolunteersI 60

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aNo

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY21	End FY21
InvestmentsLn 11–13	$1.4M	$1.6M
Total assetsLn 16	$1.4M	$1.6M
LiabilitiesLn 26	$0	$0
Net assetsLn 32	$1.4M	$1.6M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Accounting feesLn 11c	$775		$775
Investment management feesLn 11f	$23K		$23K
Other expenses (24a–d)Ln 24	$345		$345
Total functional expensesLn 25	$24K	$0	$24K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 LatestFiled with the IRS Nov 14, 2025	$149K	$50K	$99K	$1.8M	990 PDF
FY2023Filed with the IRS Nov 14, 2024	$42K	$22K	$20K	$1.7M	990 PDF
FY2022Filed with the IRS Nov 13, 2023	$83K	$21K	$62K	$1.7M	990 PDF
FY2021 ViewingFiled with the IRS Oct 26, 2022	$220K	$24K	$196K	$1.6M	990 PDF
FY2020Filed with the IRS Jun 10, 2021	$89K	$38K	$51K	$1.4M	990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations

See the full FY2021 990

Part I · Summary $219,686 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $0$0

I-9 Program service revenuePrior year $0$0

I-10 Investment incomePrior year $89,159$219,686

I-11 Other revenuePrior year $0$0

I-12 Total revenuePrior year $89,159$219,686

I-13 Grants and similar amounts paidPrior year $17,000$0

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $0$0

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $20,927$23,749

I-18 Total expensesPrior year $37,927$23,749

I-19 Revenue less expensesPrior year $51,232$195,937

Part VI · Governance 4 of 4 board members independent, 4 to look at

VI-1a Voting members of the governing body4

VI-1b Independent voting members4

VI-12a Written conflict of interest policyNo

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

Part VIII · Statement of revenue $219,686 across 3 lines filed

VIII-3 Investment incomeExcluded from tax $88,306$88,306

VIII-7 Net gain or loss on sales of assetsExcluded from tax $131,380$131,380

VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $219,686$219,686

Part IX · Statement of functional expenses $23,749 across 3 lines filed

IX-11c Accounting feesManagement $775$775

IX-11f Investment management feesManagement $22,629$22,629

IX-24 Other expenses (24a–d)Management $345$345

IX-25 Total functional expensesPrograms $0 · Management $23,749 · Fundraising $0$23,749

Part X · Balance sheet $1,633,028 assets, 8 lines filed

X-12 Other securitiesStart of year $1,437,956$1,633,028

X-16 Total assetsStart of year $1,437,956$1,633,028

X-26 Total liabilitiesStart of year $0$0

X-29 Capital stock or trust principalStart of year $0$0

X-30 Paid-in or capital surplusStart of year $0$0

X-31 Retained earnings or endowmentStart of year $1,437,956$1,633,028

X-32 Total net assets or fund balancesStart of year $1,437,956$1,633,028

X-33 Total liabilities and net assetsStart of year $1,437,956$1,633,028

Part XI · Reconciliation of net assets $1,633,028 net assets at year end

XI-1 Total revenue$219,686

XI-2 Total expenses$23,749

XI-3 Revenue less expenses$195,937

XI-4 Net assets at start of year$1,437,956

XI-9 Other changes in net assets−$865

XI-10 Net assets at end of year$1,633,028

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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Htct Foundation FY2021 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Htct Foundation

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV