Civic Intelligence

Educare Foundationinc

990EZ • Fiscal year 2023 • EIN 22-3613696

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 24, 2024

Organization ProfileN/A
18 Cornell DrEast Brunswick, NJ 08816

(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 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

51st percentile

13%

Higher net margin than 51% of similar nonprofits.

2023 filings • NTEE B82 • <$500k nonprofits • Source year 2023

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.

2023 filings • NTEE B82 • <$500k nonprofits • Source year 2023

Asset Growth

61st percentile

5.9%

Faster asset growth than 61% of similar nonprofits.

2023 filings • NTEE B82 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

45th percentile

-2.3%

Faster revenue growth than 45% of similar nonprofits.

2023 filings • NTEE B82 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$189,588

Up $10,553 (+5.9%) from 2022

Net Assets

Up

$189,588

Up $10,553 (+5.9%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin51st percentile

Revenue

Down

$83,997

Down $1,947 (-2.3%) from 2022

Expenses

Up

$73,444

Up $23,252 (+46%) from 2022

Net Income

Down

$10,553

Down $25,199 (-70%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth61st 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

2023

Assets$189,588
Liabilities-
Net Assets$189,588
Open 2023 Filing

Operations Trend

Revenue Growth45th 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

2023

Revenue$83,997
Expenses$73,444
Net Income$10,553
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 24, 2024
Return Version
2023v5.0
Gross Receipts
$83,997
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.$61,250$73,444
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SUDHIR KUMAR JAINPresident-$0--
ATUL JAINVice Preside-$0--
SHALLENDRA MEWARITreasurer-$0--
PAWAN JAINAsst Treasur-$0--
SATISH JAINSecretary-$0--
PRIYANK JAINAsst Secreta-$0--
ARI JAINTrustee-$0--
NARESH JAINTrustee-$0--
ASHOK JAINTrustee-$0--
SUMAN BAGARIATrustee-$0--
Filing and Contact Details

Filer

Filer Name
Educare Foundation Inc
EIN
22-3613696
Phone
2019352346
Address
18 CORNELL DR, EAST BRUNSWICK, NJ 08816

Signing Officer

Name
Shallendra Mewari
Title
Treasurer
Phone
2019352346
Signed
2024-09-24
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: 61,250”

Form 990-ez, Part I, Line 16

“Expenses insurance 650 wire fees 405 zoom 444 meetings 300 events 10,045 total 11,844”

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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0SHALLENDRA MEWARI
IRS990EZ/BooksInCareOfDetail/PhoneNum09735647470
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt038 BLOCK AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ISELIN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd008830
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0179035
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0189588
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt081448
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt010553
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0350
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0179035
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0189588
IRS990EZ/GrantsAndSimilarAmountsPaidAmt061250
IRS990EZ/GrossReceiptsAmt083997
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt02549
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0179035
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0189588
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0179035
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0189588
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt70.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt80.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt90.50
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/PersonNm0SUDHIR KUMAR JAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ATUL JAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SHALLENDRA MEWARI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3PAWAN JAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SATISH JAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5PRIYANK JAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6ARI JAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7NARESH JAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8ASHOK JAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9SUMAN BAGARIA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3ASST TREASUR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5ASST SECRETA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9TRUSTEE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt011844
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/GrantsAndAllocationsAmt061250
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt073444
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt073444
IRS990EZ/TotalProgramServiceExpensesAmt073444
IRS990EZ/TotalRevenueAmt083997
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt081377
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt083683
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt040443
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt045951
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt075497
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0326951
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02549
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02289
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02096
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02187
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02559
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt011680
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt04810
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.96550
IRS990ScheduleA/PublicSupportPY170Pct00.97090
IRS990ScheduleA/PublicSupportTotal170Amt0326951
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt081377
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt083683
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt040443
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt045951
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt075497
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0326951
IRS990ScheduleA/TotalSupportAmt0338631
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CASH CONTRIBUTION: 61,250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES INSURANCE 650 WIRE FEES 405 ZOOM 444 MEETINGS 300 EVENTS 10,045 TOTAL 11,844
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHALLENDRA MEWARI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02019352346
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EDUCARE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0EDUC
ReturnHeader/Filer/EIN0223613696
ReturnHeader/Filer/PhoneNum02019352346
ReturnHeader/Filer/USAddress/AddressLine1Txt018 CORNELL DR
ReturnHeader/Filer/USAddress/CityNm0EAST BRUNSWICK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008816
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/PreparationDt02024-11-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL W NULTY CPA
ReturnHeader/ReturnTs02024-11-06T09:13:38-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$189,588
Liabilities
-
Net assets
$189,588
Revenue
$83,997
Expenses
$73,444
Net income
$10,553
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