VANGURI FOUNDATION OF AMERICA
Mission Statement
MISSION STATEMENT • To provide assistance for humanitarian and charitable projects around the world. • To provide support for education, food, study material, uniform, surgical corrections & medicines for poor, physically disadvantaged children. • To provide scholarships to deserving students in various educational institutions. • To create a literary forum to encourage creative literary activity, recognize authors and publish their work, to organize literary symposiums and to foster exchange of ideas. • To promote performing arts, classical music, music creation, drama and to create a forum for conferences for exchange of ideas in similar activities. • To provide all the services as a non-profit organization subject to all governmental regulations.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
91.7% | 81.8% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
8.3% | 14.0% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
0.9 mo | 10.4 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 1.9% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 79.8% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-33.7% | 9.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-30.0% | 13.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-8.5% | 1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $265K | $288K | $21K | 91.7% | 0 |
| 2022 | $400K | $411K | $44K | 91.0% | 0 |
| 2021 | $608K | $288K | N/A | — | 0 |
| 2020 | $251K | $235K | N/A | — | 0 |
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