Civic Intelligence

India Society of Worcester

EIN 22-2533832 • 501(c)3 • Shrewsbury, MA

Profile

The purpose is to encourage those people with indian origin or are otherwise interested in india for retaining, fostering the indian cultural heritage.

PO Box 136Shrewsbury, MA 01545

www.iswonline.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

83rd percentile

34%

Higher net margin than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

25th percentile

-4.5%

Faster asset growth than 25% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

68th percentile

21%

Faster revenue growth than 68% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$3,365,968

Down $156,866 (-4.5%) from 2023

Liabilities

Down

$0

Down $325,000 (-100%) from 2023

Net Assets

Up

$3,365,968

Up $168,134 (+5.3%) from 2023

Revenue

Up

$491,746

Up $86,633 (+21%) from 2023

Expenses

Up

$323,612

Up $16,596 (+5.4%) from 2023

Net Income

Up

$168,134

Up $70,037 (+71%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $964,456Liabilities 2010: $0Net Assets 2010: $964,4562010Assets 2011: $978,709Liabilities 2011: $0Net Assets 2011: $978,7092011Assets 2012: $992,242Liabilities 2012: $0Net Assets 2012: $992,2422012Assets 2013: $1,074,171Liabilities 2013: $10,274Net Assets 2013: $1,063,8972013Assets 2014: $1,113,363Liabilities 2014: $0Net Assets 2014: $1,113,3632014Assets 2015: $1,138,603Liabilities 2015: $0Net Assets 2015: $1,138,6032015Assets 2016: $1,148,710Liabilities 2016: $0Net Assets 2016: $1,148,7102016Assets 2017: $1,163,417Liabilities 2017: $0Net Assets 2017: $1,163,4172017Assets 2018: $1,223,259Liabilities 2018: $0Net Assets 2018: $1,223,2592018Assets 2019: $2,231,779Liabilities 2019: $15,305Net Assets 2019: $2,216,4742019Assets 2020: $2,813,180Liabilities 2020: $67,330Net Assets 2020: $2,745,8502020Assets 2021: $3,483,955Liabilities 2021: $498,192Net Assets 2021: $2,985,7632021Assets 2022: $3,475,196Liabilities 2022: $375,257Net Assets 2022: $3,099,9392022Assets 2023: $3,522,834Liabilities 2023: $325,000Net Assets 2023: $3,197,8342023Assets 2024: $3,365,968Liabilities 2024: $0Net Assets 2024: $3,365,9682024

Highlighted filing

2024

Assets$3,365,968
Liabilities$0
Net Assets$3,365,968

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0Revenue 2010: $59,813Expenses 2010: $35,614Net Income 2010: $24,1992010Revenue 2011: $55,105Expenses 2011: $40,852Net Income 2011: $14,2532011Revenue 2012: $61,018Expenses 2012: $47,485Net Income 2012: $13,5332012Revenue 2013: $123,212Expenses 2013: $51,557Net Income 2013: $71,6552013Revenue 2014: $103,785Expenses 2014: $54,319Net Income 2014: $49,4662014Revenue 2015: $112,758Expenses 2015: $87,518Net Income 2015: $25,2402015Revenue 2016: $113,242Expenses 2016: $103,135Net Income 2016: $10,1072016Revenue 2017: $96,202Expenses 2017: $81,495Net Income 2017: $14,7072017Revenue 2018: $138,265Expenses 2018: $78,423Net Income 2018: $59,8422018Revenue 2019: $1,072,206Expenses 2019: $78,991Net Income 2019: $993,2152019Revenue 2020: $555,504Expenses 2020: $26,128Net Income 2020: $529,3762020Revenue 2021: $413,718Expenses 2021: $173,804Net Income 2021: $239,9142021Revenue 2022: $271,910Expenses 2022: $121,576Net Income 2022: $150,3342022Revenue 2023: $405,113Expenses 2023: $307,016Net Income 2023: $98,0972023Revenue 2024: $491,746Expenses 2024: $323,612Net Income 2024: $168,1342024

Highlighted filing

2024

Revenue$491,746
Expenses$323,612
Net Income$168,134

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.37$0.00$3.37$0.49$0.32$0.17
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.52$0.33$3.20$0.41$0.31$0.10
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.48$0.38$3.10$0.27$0.12$0.15
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.48$0.50$2.99$0.41$0.17$0.24
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.81$0.07$2.75$0.56$0.03$0.53
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.23$0.02$2.22$1.07$0.08$0.99
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.22$0.00$1.22$0.14$0.08$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.00$1.16$0.10$0.08$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.15$0.00$1.15$0.11$0.10$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.14$0.00$1.14$0.11$0.09$0.03
2014Summary only. Only limited summary data is available for this year.$1.11$0.00$1.11$0.10$0.05$0.05
2013Summary only. Only limited summary data is available for this year.$1.07$0.01$1.06$0.12$0.05$0.07
2012Summary only. Only limited summary data is available for this year.$0.99$0.00$0.99$0.06$0.05$0.01
2011Summary only. Only limited summary data is available for this year.$0.98$0.00$0.98$0.06$0.04$0.01
2010Summary only. Only limited summary data is available for this year.$0.96$0.00$0.96$0.06$0.04$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 5, 2025
Return Version
2024v5.2
Gross Receipts
$580,368
Mission and Program Overview

Mission

The purpose is to encourage those people with indian origin or are otherwise interested in india for retaining, fostering the indian cultural heritage.

Encourage people interested in india to retain, foster the indian cultural heritage

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,967,977$2,882,702▼ $85,275
Savings and Temporary Cash Investments$201,000$238,550▲ $37,550
Investments Other Securities$150,286$173,049▲ $22,763
Cash and Non-Interest-Bearing Accounts$203,571$71,667▼ $131,904
Total Assets$3,522,834$3,365,968▼ $156,866
Liabilities
Mortgage Notes Payable Secured by Investment Property$325,000$0▼ $325,000
Total Liabilities$325,000$0▼ $325,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,197,834$3,365,968▲ $168,134
Total Net Assets Fund Balance$3,197,834$3,365,968▲ $168,134
Total Liabilities and Net Assets / Fund Balance$3,522,834$3,365,968▼ $156,866

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,666,040$714,940-
Other Land Buildings$0$36,052-
Land$140,000--
Equipment$76,662$34,912-
Other Securities$173,049--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jagan SrinivasanPresident
Balakrishnan ChandrakasanVice-president
Anand JainBoard Member
Anjali ParanjapeBoard Member
Chella PalanippanBoard Member
Dhiren SavlaBoard Member
Geetanjali VirmaniBoard Member
Kamlesh KhilnaniBoard Member
Mukul AgrawalBoard Member
Rajesh KhareBoard Member
Ruchi ChauhanBoard Member
Sharat AminBoard Member
Shilpa KulkarniBoard Member
Smita ManjrekarBoard Member
Suchitra ShindeBoard Member
Muthukumaran RajasekaranAsst Treasurer
Asish BhattacharyaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$330,079
Program Service Revenue
$144,476
Investment Income
$25,353
Other Revenue
$-8,162
All Other Contributions
$27,006
Change in Net Assets
$168,134
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$323,112
Grants and Similar Amounts Paid$500
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$59,278$23,837-$83,115
Depreciation Depletion$78,820--$78,820
Occupancy$40,685--$40,685
Interest$13,848--$13,848
Other Expenses$12,654--$12,654
Fees for Services Accounting-$3,800-$3,800
Fees for Service Investment Mgmnt Fees-$2,037-$2,037
Insurance-$1,379-$1,379
Advertising$505--$505
Grants to Domestic Individuals$500--$500
Total Functional Expenses$292,559$31,053$0$323,612
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$53,941
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala 2024$282,958-$15,360-
Total Events$282,958-$53,941$-53,941
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has members who either pay the membership dues yearly or opt to become life members by paying the life membership dues.

Form 990, Part VI, Section A, Line 7A

The members of the governing body (executive board) are elected by the membership of the organization for terms as defined in the constitution and by laws of the organization.

Form 990, Part VI, Section A, Line 7B

Certain decisions of the governing bodies are subject to approval of the membership of the society.

Form 990, Part VI, Section B, Line 11B

The treasurer is primarily responsible for the preparation of the form 990 which is presented to the executive committee for approval.

Form 990, Part VI, Section C, Line 19

AVAILABLE ON REQUEST

Filing and Contact Details

Filer

Filer Name
India Society of Worcester
EIN
22-2533832
Phone
5088429795
Address
PO BOX 136, SHREWSBURY, MA 01545

Signing Officer

Name
Asish Bhattacharya
Title
Treasurer
Phone
5088429795
Signed
2025-11-05
Discuss with paid preparer
No

Organization Details

Principal Officer
Asish Bhattacharya
Formed
1978
Legal Domicile
Ma
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
300

Preparer

Firm
COHEN COHEN & CO CPA'S
Address
222 LEWIS WHARF, BOSTON, MA 02110
Preparer
Rajiv Dayal
Phone
6175237010
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Professional fees: program service expenses 0. Management and general expenses 11,800. Fundraising expenses 0. Total expenses 11,800. Supplies and expenses: program service expenses 10,228. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,228. Bank and credit fees: program service expenses 9,275. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,275. Landscaping: program service expenses 8,315. Management and general expenses 0. Fundraising expenses 0. Total expenses 8,315. School and scholarships: program service expenses 8,264. Management and general expenses 0. Fundraising expenses 0. Total expenses 8,264. Repairs and maintenance: program service expenses 6,233. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,233. Website expenses: program service expenses 0. Management and general expenses 5,999. Fundraising expenses 0. Total expenses 5,999. Snow plowing: program service expenses 4,705. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,705. Office expenses: program service expenses 0. Management and general expenses 4,694. Fundraising expenses 0. Total expenses 4,694. Waste disposal: program service expenses 3,875. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,875. India day: program service expenses 3,551. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,551. Garba: program service expenses 2,600. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,600. Security: program service expenses 1,334. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,334. Taxes, licenses and permits: program service expenses 0. Management and general expenses 959. Fundraising expenses 0. Total expenses 959. Telephone: program service expenses 898. Management and general expenses 0. Fundraising expenses 0. Total expenses 898. Postage: program service expenses 0. Management and general expenses 385. Fundraising expenses 0. Total expenses 385.

Raw XML AppendixShowing 400 of 494 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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