Ektaa Center
Nonprofit profile at a glance
- EIN
- 330373078
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- Irvine, CA, USA
- Phone
- 9493008912
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $161,343
- Expenses
- $121,556
- Assets
- $229,045
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Harish Murthy (President and Executive Director)
People named in this filing
- Harish Murthy (President and Executive Director)
- Chandrika Kedhar (Secretary)
- Anouk Grover (Board Member)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Ektaa Center is the first and only non-denominational community center in Southern California committed to create and awareness, understanding of the arts and culture of India using diverse medium such as Dance, Music, Theatre and related arts in Southern California.The Ektaa Center and volunteers continually strive to faster cross cultural exchange in this multi ethnic community. We believe education and knowledge of cultures help build better communities. Our primary activities conducted through a center that is a physical space for instruction, community interaction and arts programming. We also use civic and other venues for special events and presentations we produce.
What it reported doing in 2024
The South Asian Senior Association (SASA) initiative became the focal point of our community related programs. This program has expanded to 2 monthly meetings and additional special events. Our partnership with the City of Irvine has been helpful in increasing the impact of our services to over 500 community members in the senior demographic. We continued our flagship community event, Diwali Fest which accounted for the major part of the expenses for the year. This festival is supported mainly by sponsors and vendors and not individual contributions. Only part of the festival is supported by grants and allocated funds from general budgets. Specific and general operating grants are part of the amounts mentioned below which facilitated our SASA programs and the Diwali Fest in 2024. Besides the aforementioned, we also produced and presented one dance event 'Basant Utsav' as a partnered event with Shakti Dance Company. State and Local Grants helped fund much of the program services for SASA, additional support from ticket revenue, sponsorships, vendors and individual contributions supported our Diwali Fest and also classes and programs for the South Asian Senior Association.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 46
- Transparency & Controls: 100
- Sustainability: 71
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 41%; rating input score 41
- Program expense ratio: 54.4%; rating input score 54
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 24.7%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 1.88; rating input score 79; 79th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 20.6%; rating input score 16; 16th percentile among comparable filings
Growth
- Program expense growth: -3.8% per year; rating input score 0; 21st percentile among comparable filings
- Revenue growth: 3% per year; rating input score 100; 37th percentile among comparable filings
- Asset growth: 18.6% per year; rating input score 100; 79th percentile among comparable filings
Details
- Where the money goes: 41% of revenue deployed · 54.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $66K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 12 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 41/100.
- Review — Financial Efficiency: Program expense ratio scored 54/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 16/100.