2024-02-12T08:31:42-06:00 2023-03-31 660974586 ALTUM PR LLC 1225 PONCE DE LEON AVENUE SUITE GF-1 SAN JUAN RQ 00907 990 2022-04-01 986099880 AAM FOUNDATION AAMF 6503946012 7110 REDWOOD BOULEVARD A NOVATO CA 94945 SANDEEP CHOPRA CFO AND TRUSTEE 6503946012 2024-02-12 1 SANDEEP CHOPRA 999009999 1 JOHN T ADVANI P00033098 4083200260 X 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z FREEDOM EMPLOYABILITY ACADEMY SANDEEP CHOPRA 7110 REDWOOD BOULEVARD A NOVATO CA 94945 6582365 0 X HTTPS://FEAINDIA.ORG/ABOUT/ X 2000 IN ADVANCING YOUNG PEOPLE FROM POVERTY TO EMPOWERMENT IS THE PRIMARY FOCUS OF AAM FOUNDATION. THE SCHOOL'S PRIMARY CHARITABLE ACTIVITY IS EDUCATION AND ALLEVIATING POVERTY. THE SCHOOL PROVIDES FORMAL INSTRUCTION AND IS FREE TO ALL STUDENTS WHO ATTEND. THE SCHOOL IS A ONE-YEAR INTENSIVE SECONDARY AND POST-SECONDARY EDUCATIONAL PROGRAM DESIGNED FOR YOUTH BETWEEN THE AGES OF 15 TO 27 YEARS OF AGE. THE CURRICULUM OF THE SCHOOL FOCUSES ON BUILDING SKILLS THAT WILL SUPPORT YOUTH IN SECURING STABLE EMPLOYMENT. THESE INCLUDE ENGLISH LANGUAGE SKILLS AND BASIC BUSINESS SKILLS. THE SCHOOL ALSO MAINTAINS A ROBUST MENTOR PROGRAM TO FURTHER SUPPORT THE SUCCESS OF ITS STUDENTS. 5 2 0 1230 0 0 4404188 6543213 0 0 29767 38414 2182 738 4436137 6582365 263344 480471 0 0 2894718 3257017 0 0 0 1076320 1775616 4234382 5513104 201755 1069261 3483999 4256765 333549 357181 3150450 3899584 ADVANCING YOUNG PEOPLE FROM POVERTY TO EMPOWERMENT IS THE PRIMARY FOCUS OF AAM FOUNDATION. 0 0 4884098 480471 THE SCHOOL'S PRIMARY CHARITABLE ACTIVITY IS EDUCATION AND ALLEVIATING POVERTY. THE SCHOOL PROVIDES FORMAL INSTRUCTION AND IS FREE TO ALL STUDENTS WHO ATTEND. THE SCHOOL IS A ONE-YEAR INTENSIVE SECONDARY AND POST-SECONDARY EDUCATIONAL PROGRAM DESIGNED FOR YOUTH BETWEEN THE AGES OF 15-27 YEARS OF AGE. 4884098 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 X 0 0 0 0 1 IN 0 0 0 0 0 0 0 0 X 5 2 1 0 0 0 0 0 0 1 1 0 1 1 1 0 1 1 1 1 0 X SANDEEP CHOPRA 4158989528 C/O 7110 REDWOOD BOULEVARD STE A NOVATO CA 94945 X X DEEPAK CHOPRA TRUSTEE AND CEO 30.00 X X 0 0 0 DEEPMALA CHOPRA TRUSTEE 1.00 X 0 0 0 SANDEEP CHOPRA TRUSTEE AND CFO 5.00 X X 0 0 0 PRADEEP JAIN TRUSTEE 1.00 X 0 0 0 PRATIVA BHUTIA TRUSTEE 48.00 X X 0 0 11692 SIVAGNANAM SIVARAMAN TRUSTEE 10.00 X 0 0 0 RAJINDER SABHERWAL TRUSTEE 1.00 X 0 0 0 0 0 11692 0 0 0 0 0 6543213 6543213 38414 38414 SALE OF SCRAP 900099 738 738 738 6582365 0 0 39152 480471 480471 11692 11692 3013291 2872646 140645 232034 198185 33849 30402 2613 27789 4030 4030 828 828 1195 1195 55899 55899 499425 499425 134802 134802 660658 528526 132132 CLEANING AND MAINTENANC 134589 80342 54247 REPAIRS 102770 91281 11489 UTILITIES 80298 72952 7346 TELEPHONE & INTERNET CH 60050 56462 3588 10670 10670 5513104 4884098 629006 0 747281 828047 6077 16127 730 11504 4856832 1484239 2697047 3372593 32864 28494 3483999 4256765 333549 357181 333549 357181 X 7591 7115 0 0 3142859 3892469 3150450 3899584 3483999 4256765 X 1069261 -320127 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 411675 411675 1775230 410818 1364412 2228848 992153 1236695 441079 81268 359811 3372593 6582365 0 6582365 0 6582365 5513104 0 5513104 0 5513104 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL POSTS ITS RACIALLY NON DISCRIMINATORY POLICY ON ITS HOMEPAGE AT HTTPS://FEAINDIA.ORG/ 1 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 504 1065 ALL GRANTS RECEIVED ARE USED TO RUN VARIOUS SCHOOLS IN THE REGION. PROVIDES FREE EDUCATION TO ALL STUDENTS 5513104 504 1065 0 0 504 1065 5513104 0 5513104 FREE EDUCATION, BOOKS, MEALS AND TRANSPORTATION EXPENSES SOUTH ASIA 67410 480471 THE FOUNDATION PROVIDES FREE EDUCATION TO ALL STUDENTS WHO ATTEND THE PROGRAM. THE SCHOOL IS PRIMARILY FUNDED THROUGH DONATIONS. THE SCHOOL ENROLLS APPROXIMATELY 67,410 STUDENTS IN OVER 504 LOCATIONS THROUGHOUT INDIA.THE STUDENTS ARE PROVIDED BOOKS, MEALS AND TUITION FREE OF COST. 0 0 0 0 0 0 PART III, COL (C): THE FOUNDATION OPERATES A SCHOOL IN VARIOUS LOCATIONS THROUGHOUT INDIA. THE FOUNDATION ENROLLS APPROXIMATELY 67,410 STUDENTS EVERY YEAR. THE EDUCATION IS PROVIDED FREE TO ALL STUDENTS EVERY YEAR. PART III ACCOUNTING METHOD: FORM 990, PARTS VIII, IX & X: THE ORGANIZATION IS ORGANIZED AND OPERATED IN INDIA AND THE FINANCIALS ARE REPRESENTED IN INDIAN RUPEES (INR). AVERAGE USD/INR EXCHANGE RATE FOR THE PERIOD 4/1/2022 - 3/31/2023 IS INR 80.5227/USD. THIS RATE HAS BEEN USED TO CONVERT THE INCOME STATEMENT FROM INR TO USD. THIS INFORMATION HAS BEEN COMPUTED TAKING DAILY SPOT RATES FOR THE ABOVE PERIOD FROM INVESTING.COM. QUARTER-END USD/INR EXCHANGE RATE FOR THE FOLLOWING PERIODS HAVE BEEN TAKEN FROM US TREASURY DEPARTMENT. HTTPS://FISCAL.TREASURY.GOV/REPORTS-STATEMENTS/TREASURY-REPORTING-RATES QUARTER-END USD/INR EXCHANGE RATE (3/31/2022) USED FOR BEGINNING BALANCE SHEET - INR 75.724/USD. QUARTER-END USD/INR EXCHANGE RATE (3/31/2023) USED FOR ENDING BALANCE SHEET - INR 82.19/USD. FORM 990, PART IV, LINE 12A: THE FINANCIALS OF THE ORGANIZATION HAS BEEN AUDITED BY CHARTERED ACCOUNTANTS EQUIVALENT OF A CERTIFIED PUBLIC ACCOUNTANTS IN INDIA. THE AUDIT HAS BEEN PERFORMED IN CONFORMITY WITH ACCOUNTING STANDARDS AS PRESCRIBED BY THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA AND OTHER ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN INDIA. FORM 990, PART V, LINE 2A: THE ORGANIZATION IS ORGANIZED AND OPERATED IN INDIA AND EMPLOYS ABOUT 1,065 INDIVIDUALS. ALL ORGANIZATION'S STAFF ARE NON-US EMPLOYEES WORKING EXCLUSIVELY OUTSIDE OF THE U.S. FORM 990, PART VI, SECTION A, LINE 2 DEEPAK CHOPRA IS THE SPOUSE OF DEEPMALA CHOPRA. SANDEEP CHOPRA IS THE BROTHER OF DEEPAK CHOPRA FORM 990, PART VI, SECTION B, LINE 11B THE TRUSTEES ARE PROVIDED THE ELECTRONIC DRAFT COPY OF THE TAX RETURN PRIOR TO FILING. THE TRUSTEES ARE REQUESTED TO REVIEW THE DRAFT AND THE RETURN IS FILED AFTER THE APPROVAL OF THE TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 IN ESTABLISHING COMPENSATION FOR THE FOUNDATIONS' OFFICERS, DIRECTORS, TRUSTEES AND HIGHEST COMPENSATED EMPLOYEES, THE SCHOOL FOLLOWS THE FOLLOWING: 1. FOLLOWS CONFLICT OF INTEREST POLICY. 2. APPROVES ARRANGEMENTS IN ADVANCE OF PAYING THE COMPENSATION. 3. DOCUMENTS IN WRITING THE DATE AND TERMS OF THE APPROVED ARRANGEMENT. 4. HAVE PRACTICES IN PLACE TO SET REASONABLE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 18 ALL SUPPLEMENTAL INFORMATION IS PROVIDED UPON REQUEST TO THE PUBLIC. THE ORGANIZATION PLANS TO PUBLISH THIS INFORMATION ON THE WEBSITE SOON. FORM 990, PART VI, SECTION C, LINE 19 ALL SUPPLEMENTAL INFORMATION IS PROVIDED UPON REQUEST TO THE PUBLIC. FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC DEEPMALA CHOPRA - 7110 REDWOOD BLVD STE A, NOVATO, CA 94945. PRATIVA BHUTIA - VALMIKI TEMPLE ONE, NEW DELHI, INDIA 110057. RAJINDER SABHERWAL - VALMIKI TEMPLE ONE, NEW DELHI, INDIA 110057. FORM 990, PART VII, SECTION A: OFFICER #2 DEEPMALA CHOPRA RESIGNED ON AUGUST 1, 2022. OFFICER #7 RAJINDER SABHERWAL RESIGNED ON AUGUST 1, 2022. FORM 990, PART XI, LINE 9: FOREIGN EXCHANGE ADJUSTMENTS -320,127. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. AAM FOUNDATION 7110 REDWOOD BLVD STE A NOVATO CA 94945 943352261 ADVANCING YOUNG PEOPLE FROM POVERTY TO EMPOWERMENT THROUGH EDUCATION CA 501(C)(3) PF 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 AAM FOUNDATION C 6542749 CASH