Las Vegas Indian Community Non-Profits Financial Review. Three Indian-Administered Charities Flushed with Over $ 2.75 Million in Cash
In a quest for transparency, majority of the Las Vegas-based Indian-administered and controlled non-profits have reported their financials with minimal cash reserves in their treasury. The majority of the funds raised by non-profits from local Hindu Mandir to Gurdwaras’ are spent on programs related to the mission of individual non-profits. However, three Indian-administered and controlled charities in Las Vegas, in particular, stand out among the 15 or so Indian charities for their copious cash holdings. Non-profits are created for charitable purposes and the public good at large and should not serve the private interests of the individual controlling such organizations.
The year-end 2022 financial analysis reflects the three specific Indian-controlled charities holds over $2.75 million in cash and investment securities. As of the end of 2022, Ash Mirchandani’s United Citizens Foundation is holding over $1.6 million in cash, Amarpreet “Amar” and Jaspreet Chadha’s non-profit, The Seva Charity, holds over $418,000 cash, while Reeta Thukral’s Global Charity Foundation has over $772,000 in cash and investments for its ongoing program activities.
United Citizens Foundation – Per the filing, the mission of Mirchandani’s United Citizens Foundation is to provide mental and behavioral health services and substance abuse counseling to the students and their families in the Clark County School District. Ash Mirchandani is listed as the President, and Supriya Mirchandani is the Director of the United Citizens Foundation, along with three other Board Members.
In 2022, Mirchandani’s United Citizens Foundation received $3.4 million in government grants and other contributions. During the same year, the Foundation spent over $2 million, of which $1,505,163 was spent on program-related expenses and $ 585,343 on management and general expenses. Further breakdown of expenses reflects $1,286,696 on salaries, office expenses $75,363, Insurance $236,877, Rent 163,374, and balance on other expenses. The Foundation’s year-end cash balance was over $1.6 million in cash.
Global Charity Foundation – Thukral established GCF with a mission to establish Nevada student achievement program providing tutoring to less privileged kids K-12 in multiple CCSD schools and scholarships to college students at local universities. GCF consists of five Board Members. Dr. Reeta Thukral is the President, and daughters Renita, a Treasurer, and Rohini as Director, respectively.
GCF is active and spending copious amounts to fulfill its mission of educating the under-served children in Clark County and investing in health programs in India. Every year, GCF holds an annual fundraiser banquet to raise funds for its programs. In 2022, GCF raised $81,722 and spent $107,608 on program-related expenses, with a net deficit of $25,886. At the end of 2022, GCF had assets totaling $772,181, comprising $ 173,676 in non-interest-bearing cash, $ 598,406 in investment securities, and $99 in savings.
The Seva Charity – Chadha’s non-profit, The Seva Charity’s mission is to make distributions to organizations that qualify as exempt organizations under section 501(C)(3) of the Internal Revenue Code. Chadha’s The Seva Charity lists Amarpreet “Amar” Chadha as the President, while his wife, Jaspreet Chadha, is the Director. Seva doesn’t have any additional Board Members.
The Seva Charity received $100,000 and spent $22,526 in 2022. The 2022 expenditure includes grants and other assistance to 17 domestic individuals totaling $16,407 and $6,069 to domestic organizations. At the end of 2022, Chadha’s non-profit carried over $418,267 in cash to the following year.
Other non-profits, including religious non-profit charities, have a minimal cash balance to fund their regular program activities.
Mirchandanis are fraudsters. They use government connections to get grants and funds for non-profits that are supposed to help poor, minorities, underprivileged, seniors, etc. If he is honest he would post, on this web site, itemized list for “$1,286,696 on salaries, office expenses” and the people and companies who were paid under this category.