Civic Intelligence

Asset India Foundation

990EZ • Fiscal year 2019 • EIN 20-5139364

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 08, 2020

Organization Profilewww.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.

Liabilities / Assets

72nd percentile

0.00x

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

2019 filings • NTEE Q33 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

71st percentile

0.00x

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

2019 filings • NTEE Q33 • <$500k nonprofits • Source year 2019

Net Margin

86th percentile

44%

Higher net margin than 86% of similar nonprofits.

2019 filings • NTEE Q33 • <$500k nonprofits • Source year 2019

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

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

2019 filings • NTEE Q33 • <$500k nonprofits • Source year 2019

Asset Growth

76th percentile

58%

Faster asset growth than 76% of similar nonprofits.

2019 filings • NTEE Q33 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

99th percentile

1313%

Faster revenue growth than 99% of similar nonprofits.

2019 filings • NTEE Q33 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Up

$30,617

Up $11,279 (+58%) from 2018

Net Assets

Up

$30,617

Up $11,279 (+58%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin86th percentile

Revenue

Up

$25,425

Up $23,625 (+1313%) from 2018

Expenses

Up

$14,266

Up $8,464 (+146%) from 2018

Net Income

Up

$11,159

Up $15,161 (+379%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

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

$1.0M$500K$0-$500KAssets 2010: $159,391Liabilities 2010: $0Net Assets 2010: $159,3912010Assets 2011: $161,769Liabilities 2011: $0Net Assets 2011: $161,7692011Assets 2012: $175,644Liabilities 2012: $0Net Assets 2012: $175,6442012Assets 2013: $96,645Liabilities 2013: $0Net Assets 2013: $96,6452013Assets 2014: $95,984Liabilities 2014: $0Net Assets 2014: $95,9842014Assets 2015: $75,534Liabilities 2015: $0Net Assets 2015: $75,5342015Assets 2016: $28,889Liabilities 2016: $0Net Assets 2016: $28,8892016Assets 2018: $19,338Liabilities 2018: $0Net Assets 2018: $19,3382018Assets 2019: $30,617Liabilities 2019: $0Net Assets 2019: $30,6172019Assets 2020: $9,260Liabilities 2020: $0Net Assets 2020: $9,2602020Assets 2021: $9,945Liabilities 2021: $0Net Assets 2021: $9,9452021Assets 2022: $0Liabilities 2022: $106Net Assets 2022: -$1062022Assets 2023: $77,085Liabilities 2023: $0Net Assets 2023: $77,0852023Assets 2024: $840,225Liabilities 2024: $0Net Assets 2024: $840,2252024

Highlighted filing

2019

Assets$30,617
Liabilities$0
Net Assets$30,617
Open 2019 Filing

Operations Trend

Revenue Growth99th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2010: $62,023Expenses 2010: $73,693Net Income 2010: -$11,6702010Revenue 2011: $17,418Expenses 2011: $15,350Net Income 2011: $2,0682011Revenue 2012: $32,455Expenses 2012: $18,580Net Income 2012: $13,8752012Revenue 2013: $4,296Expenses 2013: $83,295Net Income 2013: -$78,9992013Revenue 2014: $7,147Expenses 2014: $38,927Net Income 2014: -$31,7802014Revenue 2015: $39,050Expenses 2015: $59,500Net Income 2015: -$20,4502015Revenue 2016: $8,355Expenses 2016: $55,000Net Income 2016: -$46,6452016Revenue 2018: $1,800Expenses 2018: $5,802Net Income 2018: -$4,0022018Revenue 2019: $25,425Expenses 2019: $14,266Net Income 2019: $11,1592019Revenue 2020: $110,972Expenses 2020: $110,972Net Income 2020: $02020Revenue 2021: $538,577Expenses 2021: $537,892Net Income 2021: $6852021Revenue 2022: $63,384Expenses 2022: $73,435Net Income 2022: -$10,0512022Revenue 2023: $1,598,878Expenses 2023: $1,521,793Net Income 2023: $77,0852023Revenue 2024: $697,850Expenses 2024: $208,173Net Income 2024: $489,6772024

Highlighted filing

2019

Revenue$25,425
Expenses$14,266
Net Income$11,159
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 8, 2020
Return Version
2019v5.0
Gross Receipts
$25,425
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

DescriptionGrantsExpenses
Provide English language and computer education to more than 3000 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$25,425$14,266
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ramon UmashankarExecutive DirectorFT$0--
Nita UmashankarDirectorPT$0--
Sue UmashankarDirectorPT$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
2020-04-08
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

“No ther revenues”

Form 990-EZ, Part I, Line 10

“Donations received from indiduals throughout the year”

Form 990-EZ, Part I, Line 16

“There were no expenses”

Form 990-EZ, Part I, Line 20

“Monthly bank charges of $10 per month”

Form 990-EZ, Part II, Line 24

“Carry forward from earlier years”

Form 990-EZ, Part II, Line 26

“There are no liabilities”

Raw XML Appendix176 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum05208692004
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01846 E Innovation Park Dr Suite 100
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Oro Valley
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AZ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd085755
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt019338
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IRS990EZ/ExcessOrDeficitForYearAmt011159
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt014266
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt030617
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt030617
IRS990EZ/OccupancyRentUtltsAndMaintAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt060
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt115
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Ramon Umashankar
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Nita Umashankar
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Sue Umashankar
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt019458
IRS990EZ/OtherChangesInNetAssetsAmt0120
IRS990EZ/OtherExpensesTotalAmt00
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Providing English Language lessons and computer lessons to girls rescued from trafficking and children of sex workers in India
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Provide English language and computer education to more than 3000 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/GrantsAndAllocationsAmt025425
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt014266
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
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IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalRevenueAmt025425
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.assetindiafoundation.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt025425
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt055000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt046500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0133725
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt00
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportTotal170Amt0133725
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt00
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IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt025425
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01800
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt05000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt055000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt046500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0133725
IRS990ScheduleA/TotalSupportAmt0133725
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No ther revenues
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Donations received from indiduals throughout the year
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2There were no expenses
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Monthly bank charges of $10 per month
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Carry forward from earlier years
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5There are no liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part II, Line 26
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Ray Umashankar
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum05208692004
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-04-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASSET INDIA FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ASSE
ReturnHeader/Filer/EIN0205139364
ReturnHeader/Filer/PhoneNum05208692004
ReturnHeader/Filer/USAddress/AddressLine1Txt01846 E Innovation Park Dr suite 100
ReturnHeader/Filer/USAddress/CityNm0Oro Valley
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AZ
ReturnHeader/Filer/USAddress/ZIPCd085755
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0162.203.73.227
ReturnHeader/ReturnTs02020-04-07T20:08:08-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$30,617
Liabilities
$0
Net assets
$30,617
Revenue
$25,425
Expenses
$14,266
Net income
$11,159
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet 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