Rekha & Sudhir Puranik Foundation
Only null% goes to programs Declining revenue
Rekha & Sudhir Puranik Foundation is a 501(c)(3) organization based in Houston, Texas, registered in 2018, with $148,759 in FY2024 revenue. CharityIndex grades it D.
11150 S Wilcrest Dr Ste 175, Houston, TX, 77099 EIN 46-5727888 Since 2018
Revenue (FY2024)
$149K
▼ 76.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$234K
Net assets
$37K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Rekha & Sudhir Puranik Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating2 mo reserves · -57% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Rekha & Sudhir Puranik Foundation: 2 mo reserves · -57% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Rekha & Sudhir Puranik Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Rekha & Sudhir Puranik Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 11150 S Wilcrest Dr Ste 175, Houston, TX, 77099
- City
- Houston
- State
- Texas
- Subcategory
- Support Foundations & Fundraising
- Website
- …
Financial trends
Revenue grew from $129K (FY2018) to $149K (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $37K
Operating margin
-57.4%
Spent more than it raised in the latest fiscal year.
Total assets
$37K
Total liabilities
$0
Net assets
$37K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $148,759▼76.6% | $234,214▼66.2% | $36,779▼69.9% | $36,779▼70.3% | 990PF |
| 2023 | $635,715▼38.8% | $693,179▼33.6% | $122,234▼32.0% | $124,041▼49.5% | 990PF |
| 2022 | $1,038,799▲87.4% | $1,043,648▲67.8% | $179,698▲17.5% | $245,593▲30.2% | 990PF |
| 2021 | $554,442▲39.6% | $621,907▲53.2% | $152,930▼18.1% | $188,595▼7.6% | 990PF |
| 2020 | $397,147▼56.2% | $405,901▼39.2% | $186,631▼11.5% | $204,154▼23.1% | 990PF |
| 2019 | $907,115▲605% | $667,790▲262% | $210,959▲737% | $265,560▲1941% | 990PF |
| 2018 | $128,700 | $184,516 | -$33,115 | $13,014 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Rekha & Sudhir Puranik Foundation a legitimate nonprofit?
- Yes. Rekha & Sudhir Puranik Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-5727888, based in Houston, Texas. Donations are tax-deductible.
- What is Rekha & Sudhir Puranik Foundation's EIN?
- Rekha & Sudhir Puranik Foundation's Employer Identification Number (EIN) is 46-5727888.
- How much revenue does Rekha & Sudhir Puranik Foundation report?
- Rekha & Sudhir Puranik Foundation reported $148,759 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Rekha & Sudhir Puranik Foundation have?
- CharityIndex grades Rekha & Sudhir Puranik Foundation D, based on financial health (reserves and operating margin).
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Data for Rekha & Sudhir Puranik Foundation (EIN 46-5727888) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.