Civic Intelligence

Educare Foundationinc

990EZ • Fiscal year 2022 • EIN 22-3613696

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 01, 2023

Organization ProfileN/A
38 Block AveIselin, NJ 08830

(201) 935-2346

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

72nd percentile

42%

Higher net margin than 72% of similar nonprofits.

2022 filings • NTEE B82 • <$500k nonprofits • Source year 2022

Top Officer Pay

95th percentile

$0

Higher top officer pay than 95% of similar nonprofits.

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

2022 filings • NTEE B82 • <$500k nonprofits • Source year 2022

Asset Growth

49th percentile

-0.8%

Faster asset growth than 49% of similar nonprofits.

2022 filings • NTEE B82 • <$500k nonprofits • Annualized from 2019 to 2022

Revenue Growth

51st percentile

3.2%

Faster revenue growth than 51% of similar nonprofits.

2022 filings • NTEE B82 • <$500k nonprofits • Annualized from 2019 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$179,035

Down $4,374 (-2.4%) from 2019

Net Assets

Down

$179,035

Down $4,374 (-2.4%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin72nd percentile

Revenue

Up

$85,944

Up $7,848 (+10%) from 2019

Expenses

Up

$50,192

Up $12,466 (+33%) from 2019

Net Income

Down

$35,752

Down $4,618 (-11%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

$200K$150K$100K$50K$0Assets 2010: $112,937Liabilities 2010: $0Net Assets 2010: $112,9372010Assets 2013: $102,310Liabilities 2013: $0Net Assets 2013: $102,3102013Assets 2014: $120,929Liabilities 2014: $0Net Assets 2014: $120,9292014Assets 2015: $132,790Liabilities 2015: $0Net Assets 2015: $132,7902015Assets 2016: $141,970Liabilities 2016: $0Net Assets 2016: $141,9702016Assets 2017: $128,327Liabilities 2017: $0Net Assets 2017: $128,3272017Assets 2018: $137,339Liabilities 2018: $0Net Assets 2018: $137,3392018Assets 2019: $183,409Net Assets 2019: $183,4092019Assets 2022: $179,035Net Assets 2022: $179,0352022Assets 2023: $189,588Net Assets 2023: $189,5882023Assets 2024: $186,878Net Assets 2024: $186,8782024

Highlighted filing

2022

Assets$179,035
Liabilities-
Net Assets$179,035
Open 2022 Filing

Operations Trend

Revenue Growth51st percentile

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

$150K$100K$50K$0-$50KExpenses 2010: $39,2532010Revenue 2013: $55,689Expenses 2013: $46,711Net Income 2013: $8,9782013Revenue 2014: $104,053Expenses 2014: $86,281Net Income 2014: $17,7722014Revenue 2015: $110,721Expenses 2015: $97,553Net Income 2015: $13,1682015Revenue 2016: $82,739Expenses 2016: $75,037Net Income 2016: $7,7022016Revenue 2017: $48,018Expenses 2017: $63,296Net Income 2017: -$15,2782017Revenue 2018: $60,658Expenses 2018: $47,065Net Income 2018: $13,5932018Revenue 2019: $78,096Expenses 2019: $37,726Net Income 2019: $40,3702019Revenue 2022: $85,944Expenses 2022: $50,192Net Income 2022: $35,7522022Revenue 2023: $83,997Expenses 2023: $73,444Net Income 2023: $10,5532023Revenue 2024: $61,015Expenses 2024: $59,132Net Income 2024: $1,8832024

Highlighted filing

2022

Revenue$85,944
Expenses$50,192
Net Income$35,752
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 1, 2023
Return Version
2022v5.0
Gross Receipts
$85,944
Mission and Program Overview

Mission

EDUCATION ASSISTANCE

EDUCATIONAL ASSISTANCE

Program Services

DescriptionGrantsExpenses
PROVIDED CASH SCHOLARSHIP, FURNITURE, EQUIPMENT, SCHOOL CONSTRUCTION & SCHOOL SUPPLIES TO 400 INTELLIGENT POOR AND HANDICAPPED STUDENTS. ARRANGED ESSAY CONTEST & DISTRIBUTED PRIZE TO WINNER.$30,528$50,192
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NARESH JAINTrustee-$0--
ARIDAMAN JAINPresident-$0--
SUDHIR KUMAR JAINVice Preside-$0--
PAWAN JAINAsst Treasur-$0--
ASHISH JAINAsst. Secret-$0--
SURINDER JAINProgram Dire-$0--
NITIN CHAUDHARYVice Preside-$0--
SHALLENDRA MEWARITreasurer-$0--
SUDHIR JAINSecretary-$0--
ATUL JAINDirector Of-$0--
SHALINI JAINProgram Dire-$0--
KAMLESH JAINProgram Dire-$0--
PAWAN JAINProgram Dire-$0--
NITIN CHAUDHARYProgram Dire-$0--
Filing and Contact Details

Filer

Filer Name
Educare Foundation Inc
EIN
22-3613696
Phone
2019352346
Address
38 BLOCK AVE, ISELIN, NJ 08830

Signing Officer

Name
Shallendra Mewari
Title
Treasurer
Phone
2019352346
Signed
2023-08-01
Discuss with paid preparer
Yes

Preparer

Firm
Matthews & Nulty Inc
Address
197 STATE ROUTE 18 STE 202, EAST BRUNSWICK, NJ 08816-1405
Preparer
Michael W Nulty CPA
Phone
7322578604
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“Cash contribution: 30,528”

Form 990-ez, Part I, Line 16

“Expenses insurance 1,200 wire fees 240 zoom 160 website 842 parking 400 licenses & fees 146 events 14,327 supplies 1,567 postage 132 total 19,014”

Form 990-ez, Part I, Line 20

“Unrealized loss on investments -10,348”

Raw XML Appendix182 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/PhoneNum09735647470
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ISELIN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd008830
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0153631
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IRS990EZ/ExcessOrDeficitForYearAmt035752
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0650
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
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IRS990EZ/GrossReceiptsAmt085944
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0153631
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0179035
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0179035
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt81.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt90.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt100.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt130.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt120
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt130
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0NARESH JAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ARIDAMAN JAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SUDHIR KUMAR JAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3PAWAN JAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ASHISH JAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5SURINDER JAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6NITIN CHAUDHARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7SHALLENDRA MEWARI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8SUDHIR JAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9ATUL JAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10SHALINI JAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11KAMLESH JAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm12PAWAN JAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm13NITIN CHAUDHARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3ASST TREASUR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4ASST. SECRET
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5PROGRAM DIRE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR OF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10PROGRAM DIRE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11PROGRAM DIRE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12PROGRAM DIRE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt13PROGRAM DIRE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-10348
IRS990EZ/OtherExpensesTotalAmt019014
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0EDUCATIONAL ASSISTANCE
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED CASH SCHOLARSHIP, FURNITURE, EQUIPMENT, SCHOOL CONSTRUCTION & SCHOOL SUPPLIES TO 400 INTELLIGENT POOR AND HANDICAPPED STUDENTS. ARRANGED ESSAY CONTEST & DISTRIBUTED PRIZE TO WINNER.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt030528
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt050192
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt050192
IRS990EZ/TotalProgramServiceExpensesAmt050192
IRS990EZ/TotalRevenueAmt085944
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt083683
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt040443
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt045951
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt075497
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt058393
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0303967
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02096
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02187
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02559
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02265
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt09107
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02261
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97090
IRS990ScheduleA/PublicSupportTotal170Amt0303967
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt083683
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt040443
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt045951
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt075497
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt058393
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0303967
IRS990ScheduleA/TotalSupportAmt0313074
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/ExplanationTxt0CASH CONTRIBUTION: 30,528
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES INSURANCE 1,200 WIRE FEES 240 ZOOM 160 WEBSITE 842 PARKING 400 LICENSES & FEES 146 EVENTS 14,327 SUPPLIES 1,567 POSTAGE 132 TOTAL 19,014
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNREALIZED LOSS ON INVESTMENTS -10,348
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHALLENDRA MEWARI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02019352346
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EDUCARE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0EDUC
ReturnHeader/Filer/EIN0223613696
ReturnHeader/Filer/PhoneNum02019352346
ReturnHeader/Filer/USAddress/AddressLine1Txt038 BLOCK AVE
ReturnHeader/Filer/USAddress/CityNm0ISELIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008830
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0473173183
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MATTHEWS & NULTY INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0197 STATE ROUTE 18 STE 202
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EAST BRUNSWICK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0088161405
ReturnHeader/PreparerPersonGrp/PhoneNum07322578604
ReturnHeader/PreparerPersonGrp/PreparationDt02023-09-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL W NULTY CPA
ReturnHeader/ReturnTs02023-09-05T08:05:05-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SHALLENDRA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MEWARI
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$179,035
Liabilities
-
Net assets
$179,035
Revenue
$85,944
Expenses
$50,192
Net income
$35,752
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.87$1.87$0.61$0.59$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.90$1.90$0.84$0.73$0.11
2022Detailed filing. Detailed filing data is available for this year.$1.79$1.79$0.86$0.50$0.36
2019Detailed filing. Detailed filing data is available for this year.$1.83$1.83$0.78$0.38$0.40
2018Detailed filing. Detailed filing data is available for this year.$1.37$0.00$1.37$0.61$0.47$0.14
2017Detailed filing. Detailed filing data is available for this year.$1.28$0.00$1.28$0.48$0.63$0.15
2016Detailed filing. Detailed filing data is available for this year.$1.42$0.00$1.42$0.83$0.75$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$1.11$0.98$0.13
2014Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$1.04$0.86$0.18
2013Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.02$0.56$0.47$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.00$1.13$0.39
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • NTEE B82 • <$500k nonprofits