World Association For Vedic Studies in Lafayette, Louisiana (LA)

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World Association For Vedic Studies
Employer Identification Number (EIN)721350935
Name of OrganizationWorld Association For Vedic Studies
In Care of NameProfessor Suren N Dwivedi
Address510 Beaullieu Drive, Lafayette, LA 70508
ActivitiesOther cultural or historical activities
SubsectionCharitable Organization
Ruling Date08/1998
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 Period2010
Assets$1 to $9,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$4,994
Amount of Income$950
Form 990 Revenue Amount$950
National Taxonomy of Exempt Entities (NTEE)International, Foreign Affairs and National Security: International Cultural Exchange


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Amount of income in 2010: $950 (it was $950 in 2013)
World Association For Vedic Studies: 

 $950
Other organizations performing similar types of work: 

 $42,004

Assets in 2010: $4,994 (it was $4,994 in 2013)
This organization: 

 $4,994
Other organizations performing similar types of work: 

 $43,241

Expenses in 2013: $4,990
World Association For Vedic Studies: 

 $4,990
Other organizations performing similar types of work: 

 $41,907

Income to expenses ratio in 2013: 0.2
This organization: 

 0.2
Other organizations performing similar types of work: 

 0.9

Grants share in income in 2013: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 64.7%

Financial snapshot ($)

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$8,218$9,845$950
Contributions, gifts, grants, and similar amounts received$5,000$4,000$0
Program service revenue including government fees and contracts$3,217$4,794$950
Membership dues and assessments$0$1,051$0
Investment income$1$0$0
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$20,280$13,095$4,990
Total net assets$12,284$9,034$4,994
Excess/Deficit for the year$-12,062$-3,250$-4,040
Net assets or fund balances at beginning of year$24,346$12,284$9,034
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$9,034$4,994
Balance Sheets
201120122013
Total assets$12,284$9,034$4,994
Total liabilities$0$0$0
Net assets or fund balances$12,284$9,034$4,994
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
2009 - 2013 Total
Public support$76,128
Subtotal$76,128
Gifts, grants, contributions, and membership fees received$9,000
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$66,077
Gross receipts from activities that are not an unrelated trade or business under section 513$1,051
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Less$0
Amounts received from disqualified persons$0
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support$0
Total support$76,285
Public support$76,128
Subtotal$157
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$157
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1University Of Sciences And Technology Of China Alumni Foundtn3966 Chamberer Dr, San Jose, CA 95135-1700CA1998-07$214,122
2Japan Club Of New OrleansP O Box 8501, Metairie, LA 70011-8501LA1992-05$105,839
3Arlington Sister City Association IncPo Box 5677, Arlington, VA 22205VA1995-03$82,877
4Sister Cities Association Of Sarasota Inc1565 First Stree, Sarasota, FL 34236-8501FL1990-09$51,247
5Whitfield-Manjiro Friendship Society Inc11 Cherry Street, Fairhaven, MA 02719MA1992-03$49,807
6The International Committee Of The G K Chesterton Society400 S Orange Ave, S Orange, NJ 07079-2646NJ1990-08$42,004
7Santa Clara Sister Cities Association1509 Warburton Ave, Santa Clara, CA 95050CA1993-06$29,394
8International Language & Culture Foundation IncPo Box 701, Monterey, CA 93942CA1989-10$4,210
9The Institute For Languages And CulturePO BOX 4403, Crestline, CA 92325-4403CA1996-01$3,891
10World Association For Vedic Studies510 Beaullieu Drive, Lafayette, LA 70508LA1998-08$950
11Tokushukai International Foundation4510 Aukai Ave, Honolulu, HI 96816-4923HI1996-07$1
12African Overseas Union Inc8700 Commerce Park Dr Ste 141, Houston, TX 77036-7409TX1997-10$0
13Aiki Institute, Kannagara Aikido Tsubaki Shrine17720 Crooked Mile Rd, Granite Falls, WA 98252WA1992-07$0
14Alabama Usa-China Business Development CorporationPo Box 11541, Birmingham, AL 35202AL1998-10$0
15Alaska Cultural Exchange124 Behrends Ave, Juneau, AK 99801-1457AK1998-04$0
16America Evagreen Foundation9550 Flair Dr Ste 210, El Monte, CA 91731-2918CA1998-01$0
17American Friends Of Romania IncP O Box 5884, Bethesda, MD 20824MD1990-08$0
18American Indian Cultural Exchange Committee Inc12 Ignatius Drive, Manchester, NJ 08759NJ1993-04$0
19Americas Global Foundation Inc930 M St Nw Apt 609, Washington, DC 20001-4390DC1993-05$0
20Amityville-Lebourqet Alliance Inc21 Greene Ave, Amityville, NY 11701-2943NY1992-08$0
Number of organizations performing similar types of work
Alaska1
Alabama1
Arkansas1
Arizona3
California20
Colorado1
Connecticut1
District of Columbia2
Florida5
Georgia1
Hawaii4
Iowa2
Illinois2
Indiana2
Kentucky1
Louisiana2
Massachusetts5
Maryland4
Maine2
Michigan4
Minnesota5
Missouri4
Mississippi1
Montana2
North Carolina3
New Hampshire1
New Jersey5
New Mexico1
Nevada1
New York15
Ohio5
Oklahoma1
Oregon1
Pennsylvania4
Rhode Island1
South Carolina2
Tennessee2
Texas7
Utah2
Virginia2
Washington4
Wisconsin6
International1
Total140

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