Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 14-1751086

THE PRASAD PROJECT INC

Tax-exempt · FERNDALE, NY 12734

Financials

$1.5M$822K2024
Revenue Expenses · by fiscal year end
Financials of THE PRASAD PROJECT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,492,136$821,671$670,465$4,946,017$314,060$4,631,957
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,355,969
Program service revenue
$0
Investment income
$136,019
Net gain from sales of assets
$38,022
Other revenue
$148

Expenses

Grants and similar amounts paid
$293,962
Compensation of officers, directors and key employees
$104,071
Other salaries and wages
$140,925
Salaries, compensation and benefits (total)
$271,029
Professional fundraising fees
$0
Accounting fees
$20,000
Occupancy
$41,264
Travel
$3,041
Depreciation
$3,284
Program services (functional)
$686,516
Management and general (functional)
$110,302
Fundraising (functional)
$24,853

Balance sheet and other

Total assets, start of year
$3,887,557
Total assets, end of year
$4,946,017
Total liabilities, end of year
$314,060
Net assets, end of year
$4,631,957
Land, buildings and equipment
$11,194
Publicly traded securities
$3,196,804
Net assets without donor restrictions
$4,631,957
Gross receipts
$2,521,237
Employees
4
Volunteers
7
Year formed
1992
State of legal domicile
NY

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 / weekCompensationOther / benefits
MARIA ESCARRAASSISTANT SECRETARY/EXEC. DIRECTOR
Officer
40$82,125$21,946
VIVEK PANCHAPAKESANCHAIR/TRUSTEE
Trustee or director, Officer
8$0$0
JYOTIKA PATELTRUSTEE/TREASURER
Trustee or director, Officer
3$0$0
HARRIETTE COLETRUSTEE/SECRETARY
Trustee or director
3$0$0
TOM KARULATRUSTEE
Trustee or director
3$0$0
DEBORAH ROYCETRUSTEE
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
PO BOX 576, FERNDALE, NY 12734-0576
In care of
% LINDA HINDES
Principal officer (990 for 2024)
VIVEK PANCHAPAKESAN, PO BOX 576, FERNDALE, NY 12734
Signed the 990
JYOTIKA PATEL, TREASURER
Phone
(845) 434-0376
Return prepared by
LUTZ AND CARR CPAS LLP

Mission

THE MISSION OF THE PRASAD PROJECT INC IS TO HELP IMPROVE THE QUALITY OF LIFE AND OFFER OPORTUNITIES FOR SELF-RELIANCE BY WORKING IN PARTNERSHIP WITH PEOPLE IN NEED AND THEIR COMMUNITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • PRASAD CHIKITSA, INDIAWE PERSISTENTLY PURSUED EFFORTS TO ENHANCE THE QUALITY OF LIFE WHILE FOSTERING ECONOMIC ADVANCEMENT FOR SUSTAINABLE LONG-TERM PROGRESS. IN 2024, OUR MEDICAL PROGRAMS COMPLETED A TOTAL OF 34,660 MEDICAL VISITS. THE EYE CLINIC PROVIDED SERVICES TO 2,926 PATIENTS AND SUCCESSFULLY CONDUCTED 489 CATARACT SURGERIES. ADDITIONALLY, THE NUTRITION PROGRAM PROVIDED 92,000 NUTRITIONAL SERVINGS TO UNDERNOURISHED INFANTS AND EXPECTANT MOTHERS.(CONTINUED ON SCHEDULE O)IN LINE WITH OUR COMMITMENT TO ENVIRONMENTAL SUSTAINABILITY AND AGRICULTURAL DEVELOPMENT, PRASAD CHIKITSA DISTRIBUTED 89,500 FRUIT AND SHADE TREE SAPLINGS, THEREBY AIDING FARMERS IN BOLSTERING FOOD SECURITY AND ENVIRONMENTAL RESTORATION EFFORTS. FURTHERMORE, 2,820 WOMEN ACTIVELY PARTICIPATED IN SELF-HELP GROUPS, CONTRIBUTING TO COMMUNITY EMPOWERMENT AND SOCIOECONOMIC PROGRESS.
    Expenses $394,006 · grants $268,962
  • PRASAD CHILDREN'S DENTAL HEALTH PROGRAM, U.S.FOR 26 YEARS, PRASAD CHILDREN'S DENTAL HEALTH PROGRAM HAS BEEN COMMITTED TO IMPROVING THE DENTAL HEALTH OF CHILDREN IN SULLIVAN COUNTY, NEW YORK BY PROVIDING COMPREHENSIVE DENTAL SERVICES AT THE SCHOOLS TO THOSE CHILDREN WHO NEED IT MOST. OUR FOCUS IS ON CHILDREN FROM LOW-INCOME FAMILIES WHO ARE LESS LIKELY TO RECEIVE DENTAL CARE.IN 2024, PRASAD CDHP DENTAL CLINIC COMPLETED 1,361 VISITS AND PERFORMED 4,846 DENTAL PROCEDURES. WE ALSO DELIVERED IN-PERSON DENTAL HEALTH EDUCATION CLASSES AT THE SCHOOLS TO MORE THAN 3,700 STUDENTS.
    Expenses $128,184 · grants $10,000
  • CONSTITUENT EDUCATIONCONSTITUENT EDUCATION IS AN EDUCATIONAL PROGRAM WITH THE GOAL OF ENLIGHTENING AND EDUCATING THE PUBLIC ABOUT THE ACTIVITIES AND NEEDS IN THE COMMUNITIES THAT WE SERVE. THE PROGRAM PROVIDES PRINT AS WELL AS ELECTRONIC NEWSLETTERS, PRODUCES NEW VIDEOS ABOUT THE PROGRAMS, BUILDS NEW WEBSITES, AND PROVIDES UPDATES THROUGHOUT THE YEAR. PRASAD ALSO SUPPORTS ITS LICENSEES BY PROVIDING GUIDANCE AND COMMUNICATION MATERIALS FOR FUNDRAISING.
    Expenses $82,353
  • PRASAD DE MEXICOAT PRASAD DE MEXICO, OUR DEDICATED VOLUNTEER TEAM IN MEXICO ORGANIZED FOUR SUCCESSFUL EYE CAMPS, AT WHICH 774 CHILDREN AND ADULTS RECEIVED FREE CATARACT SURGERY.
    Expenses $81,973 · grants $15,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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
14-1751086
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1992
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,946,017
Income (IRS master file)
$2,521,237

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$986,267$646,546$3,887,557IRS
990December 2022$709,018$631,610$3,428,671IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 THE PRASAD PROJECT INC

What is the EIN of THE PRASAD PROJECT INC?
The employer identification number (EIN) of THE PRASAD PROJECT INC is 14-1751086.
Is THE PRASAD PROJECT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to THE PRASAD PROJECT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE PRASAD PROJECT INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE PRASAD PROJECT INC 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 THE PRASAD PROJECT INC 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 THE PRASAD PROJECT INC?
The 990 for the year ended December 31, 2024 names VIVEK PANCHAPAKESAN.
Who are the officers and directors of THE PRASAD PROJECT INC?
The 990 for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $82,125 (MARIA ESCARRA, ASSISTANT SECRETARY/EXEC. DIRECTOR).
How much revenue does THE PRASAD PROJECT INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,492,136, expenses of $821,671 and total assets of $4,946,017 at year end.

Other nonprofits in FERNDALE

All nonprofits in FERNDALE · New York · International, foreign affairs and national security