Selectiva Charities INC FY2022 filing

Tax-deductible

San Jose, CA501(c)(3)EmploymentEIN 84-3104779Revenue $609K in FY2022

On file with the IRSselectiva.org2051 Junction Ave Ste 225, 95131-2114 · San Jose, CATax-exempt since Sep 2019Publicly supported — 509(a)(2)

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Charitable activities for education literary pursuits and cultural activities that helps communities and students globally

501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $26K a year · 6% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Looks good: 3.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $172K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$609K
+149% vs prior year
Spent
$674K
To programs
97%
Net assets
$173K
By yearFY2020–FY2024
Revenue
$609K
FY2022▲ +149%
Tap a bar for its year
Revenue by fiscal year
FY2020$282K
FY2021$245K
FY2022$609K
FY2023$632K
FY2024$451K
Expenses
$674K
FY2022▲ +365%
Tap a bar for its year
Expenses by fiscal year
FY2020$157K
FY2021$145K
FY2022$674K
FY2023$677K
FY2024$434K
Net assets
$173K
FY2022▼ -27%
Tap a bar for its year
Net assets by fiscal year
FY2020$137K
FY2021$237K
FY2022$173K
FY2023$128K
FY2024$144K

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

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

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

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $653K Management & general 3% · $21K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Exec Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Selectiva Charities INC executive salaries →

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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

Supports global education, literature, and culture to empower communities and students.

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Provided by the organization

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3 programs · $470K · in their own filed words · FY2022
01

Relief Program Services

Delivering essentials, assistance, & shelter to impoverished individuals affected by conflict in their native regions. We carefully evaluated the organizations recving our financial support to prevent misuse. Collaborating with local volunteers, and our dedicated volunteers to monitor appropriate use of the allocated grant funds.

$218Kprogram expense
02

Literary and Cultural Program Services

We provided critical support for a diverse range of initiatives, encompassing cultural literary, and mission-aligned causes. These initiatives were care- fully vetted and selected by our board reflecting our commitm- ent to nurturing creativity, preserving cultural heritage, and advancing causes that deeply resonate with our mission.

$180Kprogram expense
03

Community Empowerment Services

Extend crucial aid to an under- served asian village grappling with acute water scarcity. By addressing this pressing issue, our initiative not only tackles immediate concerns related to hunger but also lays the foundat- ion for long-term prosperity.

$72Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$172K
See all 3 funders →
Grants paid · 7 grants · $298K · 2020–2022
Sanatana Dharma KendraCA · FY2022$40,000
Vnit Naam Fund INCGA · FY2021$38,000
SyrccorgCA · FY2020$25,000
Vnit Naam Fund INCGA · FY2020$17,000

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$609K
Ln 12
Gifts and grantsLn 1h$609K
Money outPt IX
$674K
Ln 25
Programscol B$653K
Managementcol C$21K
Owns and owesPt X
$173K
net assets · Ln 32
Cash and savingsLn 1–2$173K
Total assetsLn 16$173K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$609K
Total revenueLn 12$609K
Assets in detailPt X, end of year
CashLn 1$173K
Cash and savings togetherLn 1–2$173K
Total assetsLn 16$173K
LiabilitiesLn 26$0
Net assetsLn 32$173K
OperationsPt I, VI
EmployeesI 50
VolunteersI 615
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
LineStart FY22End FY22
Cash and savingsLn 1–2$237K$173K
Total assetsLn 16$237K$173K
LiabilitiesLn 26$0$0
Net assetsLn 32$237K$173K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$325K$325K
Grants and assistance to foreign recipientsLn 3$290K$290K
Office expensesLn 13$4K$4K
Information technologyLn 14$50K$33K$17K
TravelLn 17$2K$2K
InsuranceLn 23$478$478
Other expenses (24a–d)Ln 24$2K$2K
Total functional expensesLn 25$674K$653K$21K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $451K$434K$17K$144K 990 PDF
FY2023 $632K$677K−$45K$128K 990 PDF
FY2022 Viewing $609K$674K−$65K$173K 990 PDF
FY2021 $245K$145K$100K$237K 990 PDF
FY2020 $282K$157K$125K$137K 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
See the full FY2022 990 (6 parts)
Part I · Summary $609,166 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $245,092$609,166
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $245,092$609,166
I-13 Grants and similar amounts paidPrior year $128,608$615,338
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $16,386$58,368
I-18 Total expensesPrior year $144,994$673,706
I-19 Revenue less expensesPrior year $100,098−$64,540
Part VI · Governance 3 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
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 $609,166 across 4 lines filed
VIII-1f All other contributions, gifts and grants$609,166
VIII-1h Total contributions, gifts and grants$609,166
VIII-8 Net income from fundraising events$0
VIII-12 Total revenue$609,166
Part IX · Statement of functional expenses $673,706 across 7 lines filed
IX-1 Grants to domestic organizationsPrograms $325,061$325,061
IX-3 Grants and assistance to foreign recipientsPrograms $290,277$290,277
IX-13 Office expensesManagement $3,603$3,603
IX-14 Information technologyPrograms $32,736 · Management $17,073$49,809
IX-17 TravelPrograms $2,278$2,278
IX-23 InsuranceManagement $478$478
IX-24 Other expenses (24a–d)Programs $2,200$2,200
IX-25 Total functional expensesPrograms $652,552 · Management $21,154 · Fundraising $0$673,706
Part X · Balance sheet $172,721 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $237,262$172,721
X-16 Total assetsStart of year $237,262$172,721
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $237,262$172,721
X-32 Total net assets or fund balancesStart of year $237,262$172,721
X-33 Total liabilities and net assetsStart of year $237,262$172,721
Part XI · Reconciliation of net assets $172,721 net assets at year end
XI-1 Total revenue$609,166
XI-2 Total expenses$673,706
XI-3 Revenue less expenses−$64,540
XI-4 Net assets at start of year$237,262
XI-10 Net assets at end of year$172,721

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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