Go Dharmic INC EIN 85-4083703 Form 990 (PDF) Claim this org

Go Dharmic INC FY2023 filing

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Provides food, healthcare, and education to those in need in the UK, India, and Nepal. For fiscal year 2023 it reported $447K in revenue, $239K in expenses, and $208K in net assets.Pt I

Type
Public charity (501(c)(3)) · Food & Agriculture
Location
Port Wentwrth, GA
Website
godharmic.com
Filings
2 on file (2023–2023)
Revenue
$447KFY2023
Expenses
$239K
Net assets
$208K
People
1
Filings
2
Updates
0
More identity details & actions ⌄
EIN  85-4083703 Public charity (501(c)(3)) Port Wentwrth, GA
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
<$100K
What they do
Provides food, healthcare, and education to those in need in the UK, India, and Nepal.
Leadership
Hemal Randerwala · Founder
Money in and out
$447K revenue, $239K expenses
Bottom line
100% program efficiency
Where the money goes · FY2023
Total revenue
$447K
Pt VIII · Ln 12
Total expenses
$239K
Pt IX · Ln 25
Net assets
$208K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $208K
Where spending went · Part IX cols B–D
Program services $1.00 Management & general $0.00
Program efficiency
100%
of spending reaches programs
Operating runway
10.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+47%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$447K
FY2023
Total revenue
$447K
Pt VIII · Ln 12
Total expenses
$239K
Pt IX · Ln 25
Net assets
$208K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$208K
Total assetsPt X · Ln 16$208K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 31
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $239K of program spending, described in the organization's own filed words · FY2023.
01

Go Dharmic has been working on eliminating food poverty across the globe with its operational efforts surrounding the UK, the USA andIndia. Besides this, we have a strong disaster management team that has been working on-ground in India for all the natural and man-made calamities.

$239Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGo Dharmic INC
EINHdr · item D85-4083703
Principal addressHdr · item CPort Wentwrth, GA
WebsiteHdr · item Jgodharmic.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFood & Agriculture (K30)
Ruling yearIRS BMFMar 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a1
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$447K
Other revenue$21
Total revenueLn 12$447K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00 Management & general $0.00
Program services100%$239K
Management & general$539
Total functional expensesLn 25$239K

Balance Sheet

Part X · end of year
CashLn 1$208K
Total assetsLn 16$208K
Total liabilitiesLn 26$0
Total net assetsLn 32$208K
Months of cash on handcomputed10.4

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $208K · Operating expenses/yr $239K
10.4 months
Where the money goes
Program services
Program services $239K · Total expenses $239K
100%
Management & General
Management & general $539 · Total expenses $239K
0.2%
Fundraising
Fundraising $0 · Total expenses $239K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $447K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $447K · Total revenue $447K
100%
Government reliance
Government grants — · Total revenue $447K
Earned-income share
Program service revenue $0 · Total revenue $447K
0%
Investment reliance
Investment income $0 · Total revenue $447K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $239K
0%
Growth & trend
Revenue growth (YoY)
This year $447K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $208K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $447K · Expenses $239K
+47%
Liabilities-to-Assets
Total liabilities — · Total assets $208K
Net-asset ratio
Net assets $208K · Total assets $208K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $208K
0%
People & payroll
Highest Reported Total Compensation
Individual Hemal Randerwala · Reported title Founder · Highest reported compensation $0 · Total expenses $239K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $239K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0.2%
Fundraising cost ratio 0%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

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.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$137
Grants paid · 1 grant · $20K · 2023–2023
Love Serve RemebeFY2023$20,000

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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)$21K revenue · ⤓ 990 PDF
FY2023$447K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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