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Hi5 Youth Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 822176193 ✦ Saratoga, CA ✦ Designated as a 501(c)(3)

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Overview

What is Hi5 Youth Foundation?

The Hi5 Youth Foundation is a nonprofit organization, established in Saratoga, CA, with the objective of supporting the growth of Hi5 Youth Foundation India. The founders observed Hi5 India's initiatives since late 2015 and felt motivated to establish Hi5 USA to aid in its expansion. The primary activity of Hi5 Youth Foundation involves channeling funds to Hi5 India for a basketball training program. The foundation's mission is to contribute to the expansion and success of its sister organization in India.


Official website here: www.hi5usa.org

Is Hi5 Youth Foundation legitimate?

Hi5 Youth Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hi5 Youth Foundation submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.hi5usa.org

What is the mission statement of Hi5 Youth Foundation?

The Hi5 Youth Foundation was established with the intention of supporting the growth of Hi5 Youth Foundation India. Inspired by their activities, the founders established Hi5 USA to aid in their expansion. The mission of the Hi5 Youth Foundation, in its own capacity, is not explicitly stated in the provided data. However, it can be inferred that their primary objective is to provide financial assistance for the basketball training program run by Hi5 Youth Foundation India, located in Saratoga, CA. The foundation's activities primarily involve transferring funds to their Indian counterpart. The exact scope of their mission beyond this collaboration is not clearly defined in the provided information.


Official website here: www.hi5usa.org

Who is the CEO of Hi5 Youth Foundation?

Ravi Padmanabhan is the President of Hi5 Youth Foundation.


Official website here: www.hi5usa.org

What is the revenue of Hi5 Youth Foundation?

Hi5 Youth Foundation's revenue in 2022 was $92,078.


Official website here: www.hi5usa.org

Who are the executives of Hi5 Youth Foundation and what are their salaries?


Here are 5 key members and their salaries:


Ravi Padmanabhan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharanya Jagan (Cfo And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurence England (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ram Ramgiri (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Usha Sundar (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hi5usa.org

Where can I find the form 990EZ for Hi5 Youth Foundation?

Hi5 Youth Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.hi5usa.org

Learn more at the official website: www.hi5usa.org

Mission Statement of Hi5 Youth Foundation

The Hi5 Youth Foundation was established with the objective of aiding the expansion of the initiatives undertaken by its counterpart, Hi5 Youth Foundation India. Inspired by the work of the Indian organization since late 2015, the founders in the USA decided to establish Hi5 USA to support its growth. One of the primary programs undertaken by the Hi5 Youth Foundation is the transferral of funds to Hi5 India to support a basketball training program. The foundation's mission is therefore centered around assisting and empowering the work of Hi5 Youth Foundation India, with a focus on promoting sports and youth development through basketball training.

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Impact




October, 2024

Hi5 Youth Foundation significantly impacts the development of youth through sports, particularly basketball, by supporting programs that promote physical fitness, teamwork, and leadership skills. By collaborating with Hi5 Foundation India, it funds basketball training initiatives that not only enhance athletic skills but also foster personal growth among participants. Through this financial support, Hi5 Youth Foundation plays a crucial role in scaling up these programs, providing young athletes with the resources and opportunities to excel both on and off the court. The foundation's efforts help build confidence and create a sense of community among youth, ultimately inspiring them to pursue their goals and dreams.




This information is meant to be a general summary of Hi5 Youth Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$92,078 (2022)
Expenses
$30,689 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $92,528

Assets and Liabilities:

  • Total Assets: $104,255
  • Total Liabilities: $0
  • Net Assets: $104,255

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Organization Details

Principal Officer

Ravi Padmanabhan

Main Address

12327 Walden Court, Saratoga, CA, 95070

NTEE Category

Code: Q33 - International

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