Navika Inc in New Port Richey, Florida (FL)

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Navika Inc
Employer Identification Number (EIN)270838702
Name of OrganizationNavika Inc
In Care of NameKeshava Babu
Address7321 Grand Blvd, New Port Richey, FL 34652
SubsectionCharitable Organization
Ruling Date08/2010
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2010
Assets$10,000 to $24,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$16,199
Amount of Income$250,720
Form 990 Revenue Amount$250,720
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Cultural, Ethnic Awareness


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Amount of income in 2010: $250,720 (it was $0 in 2009)
Navika Inc: 

 $250,720
Other organizations performing similar types of work: 

 $43,086

Assets in 2010: $16,199 (it was $14,195 in 2009)
Navika Inc: 

 $16,199
Other organizations performing similar types of work: 

 $17,937

Expenses in 2010: $307,724
Navika Inc: 

 $307,724
Other organizations performing similar types of work: 

 $32,859

Income to expenses ratio in 2010: 0.8
This organization: 

 0.8
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2010: 57.4%
Navika Inc: 

 57.4%
Other organizations performing similar types of work: 

 78.0%

Financial snapshot ($)

Revenue for 2010

Statements Regarding Other IRS Filings and Tax Compliance (for 2010)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2010)
Total revenue$250,720
Contributions, Gifts, Grants and Other Similar Amounts$143,970
Program Service Revenue$106,750
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2010)
Total functional expenses$307,724
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$307,724
Balance Sheet (for 2010)
Total assets$16,199
Total liabilities$0
Total net assets or fund balances$16,199
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2010)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Salvadoran Alliance Of New York Inc, Sany303 Crooked Hill Rd, Brentwood, NY 11717-1022NY2007-12$81,900
2Florida Falun Dafa Association4257 Laurel Ridge Cir, Weston, FL 33331-4012FL2012-08$2,292,732
3North America Telugu Society Inc2720 Eleanor Way, West Palm Bch, FL 33414-3419FL2009-04$1,289,190
4Televisa Foundation Inc501 Brickell Key Drive Suite 401, Miami, FL 33133FL2013-07$417,065
5Navika Inc7321 Grand Blvd, New Port Richey, FL 34652FL2010-08$250,720
6Sikh Society Of Northeast Florida8752 Harpers Glen Ct, Jacksonville, FL 32256FL2008-06$232,900
7Vamos Falar Portugues Foundation Inc7122 Nw 74th Ave, Miami, FL 33166-2829FL2005-11$210,525
8Czech & Slovak Heritage Society St Petersburg Fl IncPO BOX 531313, St Petersburg, FL 33747FL2014-02$192,550
9Casa De Madrid En Miami Inc1444 Biscayne Blvd Ste 208 13, Miami, FL 33132-1430FL2010-02$147,828
10Scottish American Society Of South Florida1121 Ne 13th Ave, Ft Lauderdale, FL 33304-2211FL2014-02$109,056
11Lithuanian American Club Inc4880 46th Ave N, St Petersburg, FL 33714-2816FL2012-02$109,048
12Tampa Bay Latin-American Medical Society IncPO BOX 320578, Tampa, FL 33679-2578FL2013-04$106,751
13Pachamamas Path Inc5543 Pelican Way, Saint Augustine, FL 32080-7051FL2007-08$96,166
14The Howard & Patricia Farber Foundation16 Island Avenue, Miami Beach, FL 33139-1353FL2010-07$92,000
15Tampa Muslim Outreach Inc218 E Bearss Ave 346, Tampa, FL 33613-1625FL2013-07$83,826
16Sirius Foundation, Turkish Cultural Center Of Tampa Bay7402 N 56th Street Suite 385, Tampa, FL 33617FL2008-01$82,988
17Gables Hispanic Cultural Foundaton Inc4680 Sw 72nd Ave, Miami, FL 33155-4516FL2010-08$80,782
18Indian Cultural Society Ofjacksonville Inc10474 Creston Glen Cir, Jacksonville, FL 32256-4685FL2010-10$78,529
19Japan Arts Inc, Fushu Daiko11201 Nw 1st Ct, Coral Springs, FL 33071-8138FL2014-02$77,288
20First Coast Hispanic Chamber Of Commerce Community Development IncPo Box 57972, Jacksonville, FL 32241FL2007-10$73,020
Number of organizations performing similar types of work
Alaska30
Alabama39
Arkansas29
Arizona85
California1,252
Colorado77
Connecticut85
District of Columbia94
Delaware16
Florida360
Georgia151
Hawaii138
Iowa40
Idaho24
Illinois228
Indiana62
Kansas30
Kentucky35
Louisiana69
Massachusetts181
Maryland165
Maine19
Michigan160
Minnesota170
Missouri86
Mississippi13
Montana22
North Carolina137
North Dakota7
Nebraska25
New Hampshire19
New Jersey243
New Mexico62
Nevada49
New York684
Ohio165
Oklahoma49
Oregon121
Pennsylvania214
Rhode Island27
South Carolina56
South Dakota23
Tennessee78
Texas417
Utah53
Virginia178
Vermont14
Washington180
Wisconsin90
West Virginia20
Wyoming11
International17
Total6,599

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