Aarti Foundation, Inc.

257-05 87th Road, Floral Park, NY 11001

www.aartifoundation.org
E-mail: aarticharitable@gmail.com
Tax Exempt# 31-1806198

Board of Directors:
Dr. Rashmikant Baxi
Mrs. Geeta S. Patel
Dr. Indravadan Shah
Mr. Dilip Tolat
Dr. Raj Tolat

Mrs. Bhavna Patel

Mr. Pravin Patel
Mr. Hiten Shah
Mrs. Rekha Tolat

Special Consultants: Dr. Nalini Juthani and Dr. Saroj Shah

Accountant: Dinesh Kapadia, CPA

*
Maatrudhaam Eye Hospital conducted an
eye camp on January 26, 2013 with the
support of Aarti Foundation, Inc.
Aarti Foundation, Inc. partnered with
Swades to sponsor Indian style toilets for
villagers living in rural Maharashtra.

Eleventh Annual Fund Raising Event

Saturday, September 20, 2014

Donations - 2013:
$5.000 - $10,000:
Mr. & Mrs. Hiten & Bhavana Shah

Vijaydev Mistry Foundation

$2,500 - $4,999:
Dr. & Mrs. Rashmikant & Asmita Baxi
Dr. Stuart Blumberg
Drs. Virendra & Nalini Juthani
Mr. & Mrs. Mihir & Bhavna Patel
Mr. & Mrs. Dilip & Rekha Tolat

Mr. & Mrs. Jayesh & Rupal Bhansali

Mr. & Mrs. Anil & Anjali Joshi
Mrs. Geeta S. Patel
Mr. & Mrs. Pravin & Rekha Patel
Drs. Raj & Tejal Tolat

$1,000 - $2,499:
Drs. Narendra & Neelam Bhalodkar
Mr. & Mrs. Madhu & Sarla Patni

Mr. & Mrs. Mukund & Padma Mehta

Drs. Indravadan & Saroj Shah

$500 - $999:
Mrs. Minaxi Dave
Mr. & Mrs. Dhaval & Jennifer Kapadia
Mr. & Mrs. Jitendra & Asha Patel
Dr. Yachana Shah
Mr. & Mrs. Satish & Nani Thanawala

Mr. & Mrs. Rajesh & Rupa Dharia

Mr. Pradip Kapadia
Mr. & Mrs. Harendra & Pragna Sevak
Dr. & Mrs. Maganlal & Vimla Sutaria
Mr. Vipin Tolat

Thank you for making this event a grand success...

Aarti Foundation is a federally tax-exempt, not for profit organization. It was
formed in September 2001 in Queens, New York by 25 close friends and families
for the purpose of helping the less fortunate people of the United States and India.
We also help the victims of natural disasters.
Aarti Foundation has been collecting used clothes since April 2003. In October,
2012, we sent 15,000 pounds of used clothes to India. We are also actively helping
private charitable organizations in the U.S. and India by donating food and money
to carry out their projects. We cannot continue to do this work without your help.
You have helped us for the past eleven years and we are very confident that you
will do the same each year.
Aarti Foundation regrets to inform you that we have stopped collecting used
clothes for India and have discontinued this project because of difficulties in releasing
the container through Indian Customs Authority.
Asmita Baxi
Ajay & Neena Gupta
Hasmukh & Pramodini Mehta
Mihir Patel
Bhavana Shah

Supporters of Aarti Foundation, Inc:

Rekha Gajiwala
Ashok & Kusum Gandhi
Dr. Virendra Juthani
Chandrakant & Minaxi Mehta
Heman Patel
Kirit & Kusum Patel
Rekha P. Patel
Uday & Parul Patel
Mayur & Rekha Trivedi
Dr. Tejal Tolat

FINANCIAL STATEMENTS FOR THE YEAR ENDED December 31, 2013

STATEMENT OF ACTIVITIES

Following information
has been extracted from
the audited financial
statements for the year
2013 for Aarti
Founmdation by the
Certified Public
Accounting office of
Dinesh Kapadia, CPA.

INCOME:
Contributions
Interest Income
Total Income

$66,888.00
$144.00
$67,032.00

EXPENDITURES:
A. Program Expenses
B. General Expenses
C. Donations to other Not-for Profit Organizations
D. Management & Overhead Expenses
TOTAL EXPENDITURES

$12,926.00
$2,033.00
$45,450.00
$0.00
$60,409.00

Excess of Revenue over Expenditures

Fund Balance - January 1, 2013
Fund Balance - December 31, 2013

$6,623.00
$49,447.00
$56,070.00

STATEMENT OF CASH FLOWS:

Cash Flows from Operating Activities:
Net Earnings:
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and Amortization
Increase in Taxes Payable
Net Cash Provided by Operating Activities
Cash Flows from Financing Activities:
Purchase of Fixed Assets
Net Cash used by Financing Activities:
Increase in Cash & Cash Equivalents:
Cash & Cash Equivalents - January 1, 2013
Cash & Cash Equivalents - December 31, 2013
STATEMENT OF FUNCTIONAL EXPENDITURES:
EXPENDITURES:
A. Program Expenses:
Auditorium & Two Halls - Rent
Musical Group
Postage and Printing
Food Catering by Rajbhog
Total
B. General Expenses:
Office Supplies
Professional Fees
Bank Charges
Filing Fees
Charges Paid in Jan. 2013 for used clothes shipped in 2012.
Total
C. Donations to other Not-for-Profit Organizations

$6,623.00
$0.00
$0.00
$6,623.00
$0.00
$0.00
$6,623.00
$49,447.00
$56,070.00

$4,000.00
$5,001.00
$600.00
$3,325.00
$12,926.00
$187.00
$300.00
$11.00
$35.00
$1,500.00
$2,033.00
$45,450.00

D. Management & Overhead Expenses

TOTAL EXPENDITURES:

$0.00
$60,409.00

SCHEDULE OF FINDINGS & QUESTIONED COSTS:

Schedule of Findings:
Schedule of Questioned Costs:

None
None

MANAGEMENTS CORRECTIVE ACTION PLAN:

COMMENTS ON STATUS OF PREVIOUSLY REPORTED AUDIT FINDINGS
FINDINGS:

None
None

The following is a list of organizations and projects we plan to fund in year 2014:
1. AIDS Combat International (ACI) - Mumbai, India:

AIDS Awareness - Cost of Educating one person $5.00

Medication for one infected child Cost $190.00 / year

2. Mehsana Mahila Mandal - Mehsana, India:

Molded Table and Chair for Computer - Cost $35.00

Computer - Cost $550.00

3. Sanskar Tirth - Ajol - Ahmedabad, India:

Sewing Machine Kit - Cost $150.00 each

Beauty & Health Care Kit - Cost $120.00 each

4. Matrudham Eye Hospital - Ahmedabad, India:

If you donate $150, one Cataract Eye Surgery will be performed every year from the interest.
If you donate $100, one Corrective Eye Surgery will be performed every year from the interest.

5. Lend-A-Hand - Pune, India:

Tuition Fees - Cost $50.00 / year / student

Computer Equipment - Cost $1,500.00

6. Vadu Kelavani Mandal - Vadu, India:

Tuition Fees - Cost $20.00 / year / student

Books for the Library - $2 / book

7. Akhand Jyot Charity Trust - Ahmedabad, India:

Providing tuition fee, books and school supplies - Cost: $60.00/child/year

Providing food, clothes, medicines and vocational training to Street Children - Cost: $85.00/child/year
Hospital attendants course for girls - Cost: $60.00/trainee/course
Vikas Gruh for orphan girls - Cost - $5.00 each for books

8. Swades Foundation - Mumbai, India:

One toilet including water and sewer lines - Cost: $250.00

Our Achievements During Year 2013:

Aarti Foundation donated funds to the Philippine Cultural & Civic Center
Foundation to aid the victims of a devastating typhoon. Aarti Foundation also donated funds to the
following charitable organizations in India:
1. AIDS Combat International (ACI) For AIDS Awareness and care,
support and education of HIV infected children.
2. Sanskar Tirth - Ajol To provide education, training and furnish equipment and
materials to poor women to help them become independent.
3. Mehsana Mahila Mandal To buy new equipment for the kitchen and provide
computers for schools in rural areas.
4. Matrudham Eye Hospital - For arranging free Eye Camps and free Cataract
Surgery for poor men and women.
5. Lend-A-Hand, India - To provide vocational / job training, career counseling
and micro-enterprise loans to poor people in rural areas for self-support.
6. Vadu Kelavani Mandal - To support their educational projects.
7. Akhand Jyot Charity Trust - Ahmedabad, India - Provides programs to help and
empower women with various training classes, to educate and give skills to disadvantaged children. They also help AIDS & HIV patients.
8. SWADES - Previously known as SHARE (Society to Heal, Aid, Restore, Educate) - Mumbai, India
Their mission is to create a permanent irreversible change in the lives of one million people in rural
India in the next 5 years (December 2017)
Aarti Foundation is proud to suppport the programs of Indo-American Senior Citizen Center of New York.