Civic Intelligence

Desai Foundation

990 • Fiscal year 2022 • EIN 04-3433749

Jul 01, 2021 to Jun 30, 2022 • Filed on May 15, 2024

Organization ProfileThedesaifoundation.org
c/o R BYRNE 18 ALBANY ROADWalpole, MA 02081

(508) 404-9111

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

17th percentile

0.01x

Higher debt load relative to assets than 17% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

18th percentile

0.05x

Higher debt load relative to revenue than 18% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

84th percentile

38%

Higher net margin than 84% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

32nd percentile

-4.6%

Faster asset growth than 32% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

53rd percentile

6.0%

Faster revenue growth than 53% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets17th percentile

Assets

Down

$5,308,058

Down $257,190 (-4.6%) from 2021

Net Assets

Down

$5,234,796

Down $240,924 (-4.4%) from 2021

Liabilities

Down

$73,262

Down $16,266 (-18%) from 2021

Revenue And Expenses
Liabilities / Revenue18th percentileNet Margin84th percentile

Revenue

Up

$1,597,101

Up $90,057 (+6.0%) from 2021

Expenses

Up

$991,996

Up $47,067 (+5.0%) from 2021

Net Income

Up

$605,105

Up $42,990 (+7.6%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2010: $1,486,487Liabilities 2010: $14,740Net Assets 2010: $1,471,7472010Assets 2011: $1,719,097Liabilities 2011: $54,331Net Assets 2011: $1,664,7662011Assets 2012: $1,777,782Liabilities 2012: $5,000Net Assets 2012: $1,772,7822012Assets 2013: $1,988,802Liabilities 2013: $7,5002013Assets 2014: $2,403,922Liabilities 2014: $2,5002014Assets 2016: $2,840,291Liabilities 2016: $80,684Net Assets 2016: $2,759,6072016Assets 2017: $3,172,672Liabilities 2017: $71,481Net Assets 2017: $3,101,1912017Assets 2018: $4,020,451Liabilities 2018: $88,246Net Assets 2018: $3,932,2052018Assets 2019: $4,698,664Liabilities 2019: $110,561Net Assets 2019: $4,588,1032019Assets 2020: $4,747,765Liabilities 2020: $86,848Net Assets 2020: $4,660,9172020Assets 2021: $5,565,248Liabilities 2021: $89,528Net Assets 2021: $5,475,7202021Assets 2022: $5,308,058Liabilities 2022: $73,262Net Assets 2022: $5,234,7962022Assets 2023: $4,881,242Liabilities 2023: $105,290Net Assets 2023: $4,775,9522023Assets 2024: $4,525,524Liabilities 2024: $36,758Net Assets 2024: $4,488,7662024

Highlighted filing

2022

Assets$5,308,058
Liabilities$73,262
Net Assets$5,234,796
Open 2022 Filing

Operations Trend

Revenue Growth53rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2010: $69,3702010Expenses 2011: $86,9742011Expenses 2012: $117,8732012Revenue 2013: $355,075Expenses 2013: $146,555Net Income 2013: $208,5202013Revenue 2014: $587,617Expenses 2014: $167,497Net Income 2014: $420,1202014Revenue 2016: $99,465Expenses 2016: $227,644Net Income 2016: -$128,1792016Revenue 2017: $521,083Expenses 2017: $179,499Net Income 2017: $341,5842017Revenue 2018: $1,382,515Expenses 2018: $286,478Net Income 2018: $1,096,0372018Revenue 2019: $589,653Expenses 2019: $456,804Net Income 2019: $132,8492019Revenue 2020: $816,808Expenses 2020: $760,323Net Income 2020: $56,4852020Revenue 2021: $1,507,044Expenses 2021: $944,929Net Income 2021: $562,1152021Revenue 2022: $1,597,101Expenses 2022: $991,996Net Income 2022: $605,1052022Revenue 2023: $888,639Expenses 2023: $1,333,677Net Income 2023: -$445,0382023Revenue 2024: $1,155,390Expenses 2024: $1,570,095Net Income 2024: -$414,7052024

Highlighted filing

2022

Revenue$1,597,101
Expenses$991,996
Net Income$605,105
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 15, 2024
Return Version
2021v4.1
Gross Receipts
$17,581,303
Mission and Program Overview

Mission

The desai foundation seeks to improve social and economic life in the villages of india and to develop and implement educational programs to promote indian culture and heritage in the united states.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,239,281$3,434,288▼ $1,804,993
Savings and Temporary Cash Investments$215,825$1,719,445▲ $1,503,620
Pledges and Grants Receivable$53,083$135,104▲ $82,021
Prepaid Expenses and Deferred Charges$49,148$10,000▼ $39,148
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$5,565,248$5,308,058▼ $257,190
Other Assets Total$7,911$9,221▲ $1,310
Liabilities
Accounts Payable and Accrued Expenses$36,128$73,262▲ $37,134
Mortgage Notes Payable Secured by Investment Property$53,400--
Total Liabilities$89,528$73,262▼ $16,266
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,475,720$5,234,796▼ $240,924
Total Net Assets Fund Balance$5,475,720$5,234,796▼ $240,924
Total Liabilities and Net Assets / Fund Balance$5,565,248$5,308,058▼ $257,190
Compensation and Service Providers
Top Officer Pay14th percentile

Board Members and Trustees

NameTitle
Megha DesaiPresident
Santhana KrishnanDirector
Yash ShahDirector
Moha DesaiTrustee
Nilima DesaiTrustee
Samir DesaiTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$1,152,907
Program Service Revenue
$0
Investment Income
$444,194
Other Revenue
$0
All Other Contributions
$984,566
Change in Net Assets
$605,105

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$356,180Public Stock
Total Noncash Contributions1$356,180-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,504,550
Revenue Not Reported on Financial Statements
$92,551
Other Revenue Adjustments
$45,626
Total Revenue per Audited Statements
$1,504,550
Total Revenue per Form 990
$1,597,101
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$727,189
Salaries, Compensation, and Employee Benefits$227,772
Total Fundraising Expense$145,756
Grants and Similar Amounts Paid$37,035
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$114,519$40,454$36,029$191,002
Occupancy-$33,052$49,552$82,604
Fees for Services Management-$62,500-$62,500
Fees for Service Investment Mgmnt Fees-$46,925-$46,925
Grants to Domestic Orgs$37,035--$37,035
Payroll Taxes$22,046$7,788$6,936$36,770
Fees for Services Other-$25,000$4,000$29,000
All Other Expenses$1,717$14,985$10,012$26,714
Other Expenses$55,025$3,668$14,200$14,200
Information Technology-$11,061$2,195$13,256
Travel-$1,441$2,993$4,434
Fees for Services Accounting-$1,260-$1,260
Office Expenses-$1,078-$1,078
Total Functional Expenses$597,028$249,212$145,756$991,996

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$991,996
Total Expenses per Audited Statements$991,996
Total Expenses per Form 990$991,996
International Activity

International Summary

Spending
$504,968

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
IndiaServices to Villages IndiaHealth, Education, Livelihood00$504,968
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$45,626
Fundraising Gross Income$45,626
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Doh/lotus Festival$160,567$45,626-$45,626
Total Events$160,567$45,626$45,626-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

“All trustees are desai family members”

Form 990, Part VI, Line 11B: Form 990 Review Process

“Form 990 is reviewed by the trustees before submission.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Available upon request.”

Filing and Contact Details

Filer

Filer Name
Desai Foundation
EIN
04-3433749
Phone
5084049111
Address
c/o R BYRNE 18 ALBANY ROAD, WALPOLE, MA 02081

Signing Officer

Name
Samir Desai
Title
Trustee
Signed
2024-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Megha Desai
Formed
1997
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
2
Employees
5

Preparer

Firm
Richard J Byrne CPA
Address
18 ALBANY ROAD, WALPOLE, MA 02081
Preparer
Richard J Byrne
Phone
5084049111
Supplemental Narrative

Financial Statement Notes

Part XI, Line 4B: Other revenue amounts included on 990 but not included in F/S

“Special event costs $45626”

Raw XML AppendixShowing 400 of 480 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03668
IRS990/OtherExpensesGrp/ProgramServicesAmt0308519
IRS990/OtherExpensesGrp/ProgramServicesAmt158167
IRS990/OtherExpensesGrp/ProgramServicesAmt255025
IRS990/OtherExpensesGrp/TotalAmt0308519
IRS990/OtherExpensesGrp/TotalAmt181674
IRS990/OtherExpensesGrp/TotalAmt255025
IRS990/OtherExpensesGrp/TotalAmt314200
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt036029
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt040454
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0114519
IRS990/OtherSalariesAndWagesGrp/TotalAmt0191002
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt06936
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07788
IRS990/PayrollTaxesGrp/ProgramServicesAmt022046
IRS990/PayrollTaxesGrp/TotalAmt036770
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt053083
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0135104
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt049148
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010000
IRS990/PrincipalOfficerNm0MEGHA DESAI
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0COVID-19 RELIEF
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt055025
IRS990/ProgSrvcAccomActy3Grp/Desc0COLUMBIA UNIVERSITY COMMUNITY IMPACT AND OTHER
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt037035
IRS990/ProgSrvcAccomActy3Grp/GrantAmt037035
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0867817
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt011768
IRS990/PYInvestmentIncomeAmt0639227
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0769829
IRS990/PYRevenuesLessExpensesAmt0562115
IRS990/PYSalariesCompEmpBnftPaidAmt0163332
IRS990/PYTotalExpensesAmt0944929
IRS990/PYTotalRevenueAmt01507044
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0605105
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0215825
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01719445
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01152907
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0867817
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0495774
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0533120
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0679926
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03729544
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0107844
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt083549
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt091237
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt080911
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt062282
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0425823
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.45970
IRS990ScheduleA/PublicSupportPY170Pct00.45300
IRS990ScheduleA/PublicSupportTotal170Amt01910203
IRS990ScheduleA/SubstantialContributorsTotAmt01819341
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01152907
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0867817
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0495774
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0533120
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0679926
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03729544
IRS990ScheduleA/TotalSupportAmt04155367
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt0991996
IRS990ScheduleD/InvestmentExpensesNotIncldAmt046925
IRS990ScheduleD/OtherRevenuesNotIncludedAmt045626
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt092551
IRS990ScheduleD/RevenueSubtotalAmt01504550
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SPECIAL EVENT COSTS $45626
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S
IRS990ScheduleD/TotalExpensesPerForm990Amt0991996
IRS990ScheduleD/TotalRevenuePerForm990Amt01597101
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01504550
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0991996
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0504968
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0INDIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0HEALTH, EDUCATION, LIVELIHOOD
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0SERVICES TO VILLAGES INDIA
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalSpentAmt0504968
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0FINANCIAL REPORTS FROM DONEE
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1ACCRUAL
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION SUBMITS A BUDGET FOR A PROGRAM AND FOUNDATIONDETERMINES WHAT AMOUNT TO FUND.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, Line 3f - Method of Accounting
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I, Line 3f - Investments and Expenditures
IRS990ScheduleF/TotalSpentAmt0504968
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0114941
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0114941
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt045626
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt07062
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt07062
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0DOH/LOTUS FESTIVAL
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt038564
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt038564
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0160567
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0160567
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt045626
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt045626
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt01
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0PUBLIC STOCK
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt0356180
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL TRUSTEES ARE DESAI FAMILY MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE TRUSTEES BEFORE SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,308,058
Liabilities
$73,262
Net assets
$5,234,796
Revenue
$1,597,101
Expenses
$991,996
Net income
$605,105
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.53$0.04$4.49$1.16$1.57$0.41
2023Detailed filing. Detailed filing data is available for this year.$4.88$0.11$4.78$0.89$1.33$0.45
2022Detailed filing. Detailed filing data is available for this year.$5.31$0.07$5.23$1.60$0.99$0.61
2021Detailed filing. Detailed filing data is available for this year.$5.57$0.09$5.48$1.51$0.94$0.56
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.75$0.09$4.66$0.82$0.76$0.06
2019Detailed filing. Detailed filing data is available for this year.$4.70$0.11$4.59$0.59$0.46$0.13
2018Summary only. Only limited summary data is available for this year.$4.02$0.09$3.93$1.38$0.29$1.10
2017Detailed filing. Detailed filing data is available for this year.$3.17$0.07$3.10$0.52$0.18$0.34
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.84$0.08$2.76$0.10$0.23$0.13
2014Summary only. Only limited summary data is available for this year.$2.40$0.00$0.59$0.17$0.42
2013Summary only. Only limited summary data is available for this year.$1.99$0.01$0.36$0.15$0.21
2012Detailed filing. Detailed filing data is available for this year.$1.78$0.01$1.77$0.12
2011Detailed filing. Detailed filing data is available for this year.$1.72$0.05$1.66$0.09
2010Detailed filing. Detailed filing data is available for this year.$1.49$0.01$1.47$0.07