VEDA FOUNDATION: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
VEDA FOUNDATION (EIN 33-0859518)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-09-10
IRS object ID
202442549349301614
Schema version
2023v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-09-10T12:44:28-04:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN223849373PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MAHAJAN AND COMPANYBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1471 HOBSON AVENUEAddressLine1Txt
CitySADDLE BROOKCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07663ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN330859518EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1VEDA FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlVEDABusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line145801 CENTRAL CAMP ROADAddressLine1Txt
CityDELANDCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32720ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAGDISH C MAHAJANPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone9738510166PhoneNum
Signature2024-03-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJAGDISH C MAHAJAN CPAPreparerPersonNm
PTINP01378968PTIN
Phone9089648348PhoneNum
Preparation2024-03-14PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-08-08 14:25:15ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerPRAMOD DAKKAPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line145801 CENTRAL CAMP ROADAddressLine1Txt
CityDELANDCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32720ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$223,635GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Activity Or MissionTO PUBLISH AND DISTRIBUTE PERIO WRITINGS,VIDEO AND UTILIZE ALL TYPE OF MEDIUM OF COMMUNICATIONS WITH A VIEW TOWARDS ACHEIVING THE SPREADING OF KRISHNA CONSCIOUSActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$202,988PYContributionsGrantsAmt
CY Contributions Grants$223,635CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$202,988PYTotalRevenueAmt
CY Total Revenue$223,635CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$215,078PYOtherExpensesAmt
CY Other Expenses$128,613CYOtherExpensesAmt
PY Total Expenses$215,078PYTotalExpensesAmt
CY Total Expenses$128,613CYTotalExpensesAmt
PY Revenues Less Expenses-$12,090PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$95,022CYRevenuesLessExpensesAmt
Total Assets BOY$986,826TotalAssetsBOYAmt
Total Assets EOY$1,072,968TotalAssetsEOYAmt
Total Liabilities BOY$156,850TotalLiabilitiesBOYAmt
Total Liabilities EOY$147,971TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$829,976NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$924,997NetAssetsOrFundBalancesEOYAmt
MissionTO PUBLISH AND DISTRIBUTE PERIODICALS,MAGZINES,BOOKS AND OTHER WRITINGS,VIDEO AND UTILIZE ALL TYPE OF MEDIUM OF COMMUNICATIONS WITH A VIEW TOWARDS ACHEIVING THE SPREADING OF KRISHNA CONSCIOUSMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
DescTO SPREAD KRISHNA CONSCIOUSNESS USING VARIOUS COMMUNICATION MEDIUMS TODesc
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredfalseScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
DAF Excess Business HoldingsfalseDAFExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Excs Tax Sect4951 Or4952 Or4953falseExcsTaxSect4951Or4952Or4953Ind
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyfalseMinutesOfGoverningBodyInd
Minutes Of CommitteesfalseMinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJAGDISH C MAHAJANPersonNm
Phone2015561048PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1471 HOBSON AVEAddressLine1Txt
CitySADDLE BROOKCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07663ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JAGDISH MAHAJA
DIRECTOR50Yes (X)$0$0$0
PRAMOD DAKKA
DIRECTOR400Yes (X)$0$0$0
BHARATI SARKAR
DIRECTOR400Yes (X)$0$0$0
KRISHNA BISWAS
DIRECTOR50Yes (X)$0$0$0
RANDALL MEIER
DIRECTOR100Yes (X)$0$0$0
FieldValueIRS element (for citing)
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$223,635AllOtherContributionsAmt
Total Contributions$223,635TotalContributionsAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$223,635TotalRevenueColumnAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$9,831TotalAmt
Management And General$9,831ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,003TotalAmt
Management And General$1,003ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$665TotalAmt
Management And General$665ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$7,914TotalAmt
Management And General$7,914ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescOTHER EXPENSESDesc
Total$109,200TotalAmt
Management And General$109,200ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$128,613TotalAmt
Program Services$0ProgramServicesAmt
Management And General$128,613ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$226,108BOYAmt
EOY$310,700EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$1,452EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$755,000LandBldgEquipCostOrOtherBssAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$755,000BOYAmt
EOY$755,000EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$5,718BOYAmt
EOY$5,816EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$986,826BOYAmt
EOY$1,072,968EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$7,491BOYAmt
EOY$5,663EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$149,359BOYAmt
EOY$142,308EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$156,850BOYAmt
EOY$147,971EOYAmt

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$92,095BOYAmt
EOY$69,160EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$17,119BOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$755,000BOYAmt
EOY$755,000EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$74,976BOYAmt
EOY$169,997EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$829,976BOYAmt
EOY$924,997EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$986,826BOYAmt
EOY$1,072,968EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$95,022ReconcilationRevenueExpnssAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind
Support Sum$0SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$858,561CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$429,972CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$225,933CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$202,988CurrentTaxYearMinus1YearAmt
Current Tax Year$223,635CurrentTaxYearAmt
Total$1,941,089TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$858,561CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$429,972CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$225,933CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$202,988CurrentTaxYearMinus1YearAmt
Current Tax Year$223,635CurrentTaxYearAmt
Total$1,941,089TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$1,941,089PublicSupportTotal170Amt
Total Support$1,941,089TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Incl Escrow Custodial Acct LiabfalseInclEscrowCustodialAcctLiabInd

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$755,000InvestmentCostOrOtherBasisAmt
Book Value$755,000BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$755,000TotalBookValueLandBuildingsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, LINE 1TO PUBLISH AND DISTRIBUTE PERIODICALS, MAGZINES, BOOKS AND O WRITINGS, VIDEOS AND UTILIZE ALL OTHER TYPES OF MEDIUM OF CO WITH A VIEW TOWARDS ACHIEVING THE SPREADING OF KRISHNA CONCI OUSNESS.
FORM 990 XII LINE 2-CVEDA FOUNDATION HAS A COMMITTEE THAT ASSUME RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT,REVIEW OR COMPILATION OF ITS FINANCIAL STATEMENTS & SELECTION OF AN INDEPENDENT ACCOUNTAN
FORM 990 XII LINE 2-AFINANCIAL STATEMENTS FOR THE YEAR WERE COMPILED OR REVIEWED ON A SEPARATE BASIS

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