Asset India Foundation

990EZ • Fiscal year 2018 • EIN 20-5139364

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 06, 2019

Organization Profile www.assetindiafoundation.org

1846 E Innovation Park Dr suite 100Oro Valley, AZ 85755

(520) 869-2004

Siviq Scores

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

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • NTEE Q33 • <$500k nonprofits • Source year 2018

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • NTEE Q33 • <$500k nonprofits • Source year 2018

-222%

Higher net margin than 3% of similar nonprofits.

2018 filings • NTEE Q33 • <$500k nonprofits • Source year 2018

Higher top officer pay than 84% of similar nonprofits.

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

2018 filings • NTEE Q33 • <$500k nonprofits • Source year 2018

-18%

Faster asset growth than 25% of similar nonprofits.

2018 filings • NTEE Q33 • <$500k nonprofits • Annualized from 2016 to 2018

-54%

Faster revenue growth than 11% of similar nonprofits.

2018 filings • NTEE Q33 • <$500k nonprofits • Annualized from 2016 to 2018

Balance Sheet

Liabilities / Assets74th percentile

Assets

Down

$19,338

Down $9,551 (-33%) from 2016

Net Assets

Down

$19,338

Down $9,551 (-33%) from 2016

Liabilities

Flat

Flat from 2016

Revenue And Expenses

Liabilities / Revenue73rd percentile Net Margin3rd percentile

Revenue

Down

$1,800

Down $6,555 (-78%) from 2016

Expenses

Down

$5,802

Down $49,198 (-89%) from 2016

Net Income

-$4,002

Up $42,643 (+91%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

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

Highlighted filing

2018

Assets$19,338

Liabilities$0

Net Assets$19,338

Open 2018 Filing

Operations Trend

Revenue Growth11th percentile

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

Highlighted filing

2018

Revenue$1,800

Expenses$5,802

Net Income-$4,002

Open 2018 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2018 to Dec 31, 2018
Signed: Apr 6, 2019
Return Version: 2018v3.0
Gross Receipts: $1,800

Mission and Program Overview

Mission

Providing english language lessons and computer lessons to girls rescued from trafficking and children of sex workers in india

Program Services

Description	Grants	Expenses
Provide English language and computer education to more than 1200 children in 7 centers by providing computers and salaries for instructors. Worked with companies in India to hire girls trained at the ASSET India Foundation centers. Setting up the first Business Process Outsourcing center operated entirely ASSET India Foundation trained students in Forbesgunj, Bihar	$5,802	$0

Compensation and Service Providers

Top Officer Pay84th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
Ramon Umashankar	Executive Director	FT	$0	-	-
Nita Umashankar	Director	PT	$0	-	-
Sue Umashankar	Director	PT	$0	-	-

Filing and Contact Details

Filer

Filer Name: Asset India Foundation
EIN: 20-5139364
Phone: 5208692004
Address: 1846 E Innovation Park Dr suite 100, Oro Valley, AZ 85755

Signing Officer

Name: Ray Umashankar
Title: Executive Director
Phone: 5208692004
Signed: 2019-04-06

Raw XML Appendix156 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.

Path	#	Value
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	0
IRS990EZ/BenefitsPaidToOrForMembersAmt	0	0
IRS990EZ/BooksInCareOfDetail/PersonNm	0	Ramon Umashankar
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	5208692004
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	1846 E Innovation Park Dr Suite 100
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	Oro Valley
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	AZ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	85755
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	23340
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	19338
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	0
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	1800
IRS990EZ/CostOfGoodsSoldAmt	0	0
IRS990EZ/CostOrOtherBasisExpenseSaleAmt	0	0
IRS990EZ/DirectIndirectPltclExpendAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	0
IRS990EZ/EngagedInExcessBenefitTransInd	0	0
IRS990EZ/ExcessOrDeficitForYearAmt	0	-4002
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	0
IRS990EZ/FiledScheduleAInd	0	1
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form1120PolFiledInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	23340
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	19338
IRS990EZ/FundraisingGrossIncomeAmt	0	0
IRS990EZ/GainOrLossFromSaleOfAssetsAmt	0	0
IRS990EZ/GamingGrossIncomeAmt	0	0
IRS990EZ/GrantsAndSimilarAmountsPaidAmt	0	5802
IRS990EZ/GrossProfitLossSlsOfInvntryAmt	0	0
IRS990EZ/GrossReceiptsAmt	0	1800
IRS990EZ/GrossSalesOfInventoryAmt	0	0
IRS990EZ/InvestmentIncomeAmt	0	0
IRS990EZ/LandAndBuildingsGrp/BOYAmt	0	0
IRS990EZ/LandAndBuildingsGrp/EOYAmt	0	0
IRS990EZ/LobbyingActivitiesInd	0	0
IRS990EZ/MadeLoansToFromOfficersInd	0	0
IRS990EZ/MembershipDuesAmt	0	0
IRS990EZ/MethodOfAccountingAccrualInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	23340
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	19338
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	23340
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	19338
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	15
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	Ramon Umashankar
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	Nita Umashankar
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	Sue Umashankar
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	Director
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	0
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	0
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	0
IRS990EZ/OtherRevenueTotalAmt	0	0
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	0
IRS990EZ/PrimaryExemptPurposeTxt	0	Providing English Language lessons and computer lessons to girls rescued from trafficking and children of sex workers in India
IRS990EZ/PrintingPublicationsPostageAmt	0	0
IRS990EZ/ProgramServiceRevenueAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	Provide English language and computer education to more than 1200 children in 7 centers by providing computers and salaries for instructors. Worked with companies in India to hire girls trained at the ASSET India Foundation centers. Setting up the first Business Process Outsourcing center operated entirely ASSET India Foundation trained students in Forbesgunj, Bihar
IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd	0	X
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	5802
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	0
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/SalariesOtherCompEmplBnftAmt	0	0
IRS990EZ/SaleOfAssetsGrossAmt	0	0
IRS990EZ/SchoolOperatingInd	0	0
IRS990EZ/SpecialEventsDirectExpensesAmt	0	0
IRS990EZ/SpecialEventsNetIncomeLossAmt	0	0
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	5802
IRS990EZ/TotalProgramServiceExpensesAmt	0	0
IRS990EZ/TotalRevenueAmt	0	1800
IRS990EZ/TransactionWithControlEntInd	0	0
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	www.assetindiafoundation.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	1800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	5000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	55000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt	0	46500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt	0	13488
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	121788
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt	0	0
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt	0	0
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt	0	0
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt	0	0
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt	0	0
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt	0	0
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt	0	0
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt	0	0
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt	0	0
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt	0	0
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	1
IRS990ScheduleA/PublicSupportPY170Pct	0	1
IRS990ScheduleA/PublicSupportTotal170Amt	0	121788
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt	0	0
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt	0	0
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt	0	0
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt	0	0
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt	0	0
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind	0	X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	1800
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	5000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt	0	55000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt	0	46500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt	0	13488
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	121788
IRS990ScheduleA/TotalSupportAmt	0	121788
ReturnHeader/BuildTS	0	2019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	Ray Umashankar
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	5208692004
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2019-04-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	ASSET INDIA FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt	0	ASSE
ReturnHeader/Filer/EIN	0	205139364
ReturnHeader/Filer/PhoneNum	0	5208692004
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	1846 E Innovation Park Dr suite 100
ReturnHeader/Filer/USAddress/CityNm	0	Oro Valley
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	AZ
ReturnHeader/Filer/USAddress/ZIPCd	0	85755
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	174.65.125.190
ReturnHeader/ReturnTs	0	2019-04-06T16:28:39-07:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2018-01-01
ReturnHeader/TaxPeriodEndDt	0	2018-12-31
ReturnHeader/TaxYr	0	2018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $19,338
Liabilities: $0
Net assets: $19,338
Revenue: $1,800
Expenses: $5,802
Net income: -$4,002

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$0.84	$0.00	$0.84	$0.70	$0.21	$0.49
2023Detailed filing. Detailed filing data is available for this year.	$0.08	$0.00	$0.08	$1.60	$1.52	$0.08
2022Detailed filing. Detailed filing data is available for this year.	$0.00	$0.00	$0.00	$0.06	$0.07	$0.01
2021Detailed filing. Detailed filing data is available for this year.	$0.01	$0.00	$0.01	$0.54	$0.54	$0.00
2020Detailed filing. Detailed filing data is available for this year.	$0.01	$0.00	$0.01	$0.11	$0.11	$0.00
2019Detailed filing. Detailed filing data is available for this year.	$0.03	$0.00	$0.03	$0.03	$0.01	$0.01
2018Detailed filing. Detailed filing data is available for this year.	$0.02	$0.00	$0.02	$0.00	$0.01	$0.00
2016Detailed filing. Detailed filing data is available for this year.	$0.03	$0.00	$0.03	$0.01	$0.06	$0.05
2015Detailed filing. Detailed filing data is available for this year.	$0.08	$0.00	$0.08	$0.04	$0.06	$0.02
2014Detailed filing. Detailed filing data is available for this year.	$0.10	$0.00	$0.10	$0.01	$0.04	$0.03
2013Detailed filing. Detailed filing data is available for this year.	$0.10	$0.00	$0.10	$0.00	$0.08	$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.18	$0.00	$0.18	$0.03	$0.02	$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.16	$0.00	$0.16	$0.02	$0.02	$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.16	$0.00	$0.16	$0.06	$0.07	$0.01