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Nonprofit · EIN 03-0409475

VEDIC EDUCATIONAL AND DEVOTIONAL ACADEMY

Tax-exempt · MILPITAS, CA 95035

Financials

$2.7M$2.2M2024
Revenue Expenses · by fiscal year end
Financials of VEDIC EDUCATIONAL AND DEVOTIONAL ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,683,598$2,195,529$488,069$8,436,057$2,237,762$6,198,295
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,689,779
Program service revenue
$0
Investment income
$51
Net rental income
-$6,232
Other revenue
-$6,232

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$115,124
Other salaries and wages
$619,200
Salaries, compensation and benefits (total)
$763,833
Professional fundraising fees
$0
Legal fees
$28,717
Accounting fees
$26,814
Occupancy
$168,510
Travel
$1,383
Depreciation
$144,291
Program services (functional)
$1,983,087
Management and general (functional)
$212,442

Balance sheet and other

Total assets, start of year
$8,016,169
Total assets, end of year
$8,436,057
Total liabilities, end of year
$2,237,762
Net assets, end of year
$6,198,295
Land, buildings and equipment
$7,317,036
Net assets without donor restrictions
$5,941,435
Net assets with donor restrictions
$256,860
Gross unrelated business income
-$6,232
Gross receipts
$2,772,796
Employees
12
Volunteers
30
Year formed
2002
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
NAGA VENKATA SASTRI MAREPALLIChairman
Trustee or director
40$115,124
GOPALA AJJARAPUPresident
Trustee or director
25$0
RAVI KODURIDirector
Trustee or director
10$0
ARUNA VEMPATYEC Member
Trustee or director
10$0
VENKATESWARA DAMERLASecretary
Trustee or director, Officer
10$0
SURYA DUVVURIJoint Treasurer
Trustee or director, Officer
10$0
PADMANABHAM TADEPALLIDirector
Trustee or director, Officer
10$0
RAVINDER GHANKOTADirector
Trustee or director
10$0
SAI CHIMAKURTHIVice President
Trustee or director, Officer
10$0
SREENIVASA RAO DEVARAKONDATreasurer
Trustee or director, Officer
20$0
SRIKANTH RAJAVARAMJoint Secretary
Trustee or director, Officer
10$0
PAVAN PIRATLAEC Member
Trustee or director
10$0
VENAKATA MANDADIEC Member
Trustee or director
10$0

Address and contacts

Address (IRS master file)
475 LOS COCHES ST, MILPITAS, CA 95035-5422
In care of
% NEEKA ACCOUNTANCY CORP
Principal officer (990 for 2024)
NAGA VENKATA SASTRI MAREPALLI, 473 Los Coches St, Milpitas, CA 95035
Signed the 990
GOPALA AJJARAPU, President
Phone
(408) 971-7852
Return prepared by
NEEKA CORPORATION

Mission

TO IMPART HINDU VEDIC EDUCATION WHICH IS THE STUDY OF ANCIENT SANSKRIT SCRIPTURES TO THOSE WHO ARE INTERESTED, AND TO PROVIDE A PLACE OF WORSHIP TO HINDU RELIGION FOLLOWERS.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE A PLACE OF WORSHIP FOR HINDU FOLLOWERS.
    Expenses $1,983,087 · revenue $2,689,779

What it must file and when

IRS records say it files Not required (church). Churches are not required to file. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
03-0409475
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Church
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2007
Accounting year ends
December
Files
Not required (church)
Category (NTEE)
Religion-related (X70)
Assets (IRS master file)
$8,436,057
Income (IRS master file)
$2,772,796

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990-TDecember 2024–––IRS
990December 2023$2,435,242$1,952,607$8,016,169IRS
990-TDecember 2023–––IRS
990December 2022$2,471,811$1,811,312$6,642,461IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about VEDIC EDUCATIONAL AND DEVOTIONAL ACADEMY

What is the EIN of VEDIC EDUCATIONAL AND DEVOTIONAL ACADEMY?
The employer identification number (EIN) of VEDIC EDUCATIONAL AND DEVOTIONAL ACADEMY is 03-0409475.
Is VEDIC EDUCATIONAL AND DEVOTIONAL ACADEMY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to VEDIC EDUCATIONAL AND DEVOTIONAL ACADEMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VEDIC EDUCATIONAL AND DEVOTIONAL ACADEMY file?
Form Not required (church). Churches are not required to file.
When is the next return of VEDIC EDUCATIONAL AND DEVOTIONAL ACADEMY due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VEDIC EDUCATIONAL AND DEVOTIONAL ACADEMY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of VEDIC EDUCATIONAL AND DEVOTIONAL ACADEMY?
The 990 for the year ended December 31, 2024 names NAGA VENKATA SASTRI MAREPALLI.
Who are the officers and directors of VEDIC EDUCATIONAL AND DEVOTIONAL ACADEMY?
The 990 for the year ended December 31, 2024 lists 13 people; 1 received compensation from the organization, the highest $115,124 (NAGA VENKATA SASTRI MAREPALLI, Chairman).
How much revenue does VEDIC EDUCATIONAL AND DEVOTIONAL ACADEMY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,683,598, expenses of $2,195,529 and total assets of $8,436,057 at year end.

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