Selectiva Charities INC FY2023 filing

Tax-deductible

San Jose, CA501(c)(3)EmploymentEIN 84-3104779Revenue $632K in FY2023

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

FY2023 · 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
2 mo
of spending, in cash
Fine: 2.3 months of spending in cash; 1 to 3.
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
$632K
+4% vs prior year
Spent
$677K
To programs
97%
Net assets
$128K
By yearFY2020–FY2024
Revenue
$632K
FY2023▲ +4%
Tap a bar for its year
Revenue by fiscal year
FY2020$282K
FY2021$245K
FY2022$609K
FY2023$632K
FY2024$451K
Expenses
$677K
FY2023+0.4%
Tap a bar for its year
Expenses by fiscal year
FY2020$157K
FY2021$145K
FY2022$674K
FY2023$677K
FY2024$434K
Net assets
$128K
FY2023▼ -26%
Tap a bar for its year
Net assets by fiscal year
FY2020$137K
FY2021$237K
FY2022$173K
FY2023$128K
FY2024$144K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 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% · $654K Management & general 3% · $23K

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 2Yes
  • 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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2 programs · $472K · in their own filed words · FY2023
01

Relief Program Services

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

$298Kprogram expense
02

Community Empowerment Services

Extend critical support to few under-served villages and areas grappling with acute water shortge in their regions. This initiative not only tackles immediate concerns related to hunger but also lays out foundation for prosperity. This initiative helps eliminate the cycle of poverty with education, support and thus enhance well being.

$174Kprogram 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 FY2023 990, line by line.

1The main four
Money inPt VIII
$632K
Ln 12
Gifts and grantsLn 1h$632K
Money outPt IX
$677K
Ln 25
Programscol B$654K
Managementcol C$23K
Owns and owesPt X
$128K
net assets · Ln 32
Cash and savingsLn 1–2$128K
Total assetsLn 16$128K
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$632K
Total revenueLn 12$632K
Assets in detailPt X, end of year
CashLn 1$128K
Cash and savings togetherLn 1–2$128K
Total assetsLn 16$128K
LiabilitiesLn 26$0
Net assetsLn 32$128K
OperationsPt I, VI
EmployeesI 50
VolunteersI 615
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$173K$128K
Total assetsLn 16$173K$128K
LiabilitiesLn 26$0$0
Net assetsLn 32$173K$128K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$68K$68K
Grants and assistance to foreign recipientsLn 3$472K$472K
Office expensesLn 13$4K$4K
Information technologyLn 14$51K$38K$12K
TravelLn 17$4K$4K
Conferences, conventions and meetingsLn 19$76K$72K$4K
InsuranceLn 23$563$563
Other expenses (24a–d)Ln 24$1K$1K
Total functional expensesLn 25$677K$654K$23K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $451K$434K$17K$144K 990 PDF
FY2023 Viewing $632K$677K−$45K$128K 990 PDF
FY2022 $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 FY2023 990 (6 parts)
Part I · Summary $631,691 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $609,166$631,691
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $609,166$631,691
I-13 Grants and similar amounts paidPrior year $615,338$539,642
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $58,368$136,931
I-18 Total expensesPrior year $673,706$676,573
I-19 Revenue less expensesPrior year −$64,540−$44,882
Part VI · Governance 3 of 3 board members independent, 2 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $631,691 across 4 lines filed
VIII-1f All other contributions, gifts and grants$631,691
VIII-1h Total contributions, gifts and grants$631,691
VIII-8 Net income from fundraising events$0
VIII-12 Total revenue$631,691
Part IX · Statement of functional expenses $676,573 across 8 lines filed
IX-1 Grants to domestic organizationsPrograms $68,141$68,141
IX-3 Grants and assistance to foreign recipientsPrograms $471,501$471,501
IX-13 Office expensesManagement $4,453$4,453
IX-14 Information technologyPrograms $38,300 · Management $12,456$50,756
IX-17 TravelPrograms $3,555$3,555
IX-19 Conferences, conventions and meetingsPrograms $72,434 · Management $3,847$76,281
IX-23 InsuranceManagement $563$563
IX-24 Other expenses (24a–d)Management $1,323$1,323
IX-25 Total functional expensesPrograms $653,931 · Management $22,642 · Fundraising $0$676,573
Part X · Balance sheet $127,839 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $172,721$127,839
X-16 Total assetsStart of year $172,721$127,839
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $172,721$127,839
X-32 Total net assets or fund balancesStart of year $172,721$127,839
X-33 Total liabilities and net assetsStart of year $172,721$127,839
Part XI · Reconciliation of net assets $127,839 net assets at year end
XI-1 Total revenue$631,691
XI-2 Total expenses$676,573
XI-3 Revenue less expenses−$44,882
XI-4 Net assets at start of year$172,721
XI-10 Net assets at end of year$127,839

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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