Civic Intelligence

Bgm Kumar Foundation Inc.

990PF • Fiscal year 2020 • EIN 22-3696329

Jan 01, 2020 to Dec 31, 2020 • Filed on May 15, 2021

PO Box 224Holmdel, NJ 07733

(732) 671-6693

Siviq Scores

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

Liabilities / Assets

75th percentile

0.00x

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

2020 filings • NTEE T20 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

74th percentile

0.00x

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

2020 filings • NTEE T20 • <$500k nonprofits • Source year 2020

Net Margin

79th percentile

61%

Higher net margin than 79% of similar nonprofits.

2020 filings • NTEE T20 • <$500k nonprofits • Source year 2020

Top Officer Pay

91st percentile

$0

Higher top officer pay than 91% of similar nonprofits.

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

2020 filings • NTEE T20 • <$500k nonprofits • Source year 2020

Asset Growth

73rd percentile

5.8%

Faster asset growth than 73% of similar nonprofits.

2020 filings • NTEE T20 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

94th percentile

502%

Faster revenue growth than 94% of similar nonprofits.

2020 filings • NTEE T20 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$86,974

Up $4,747 (+5.8%) from 2019

Net Assets

$86,974

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$7,811

Up $6,514 (+502%) from 2019

Expenses

Down

$3,064

Down $31 (-1.0%) from 2019

Net Income

Up

$4,747

Up $6,545 (+364%) from 2019

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $210,031Liabilities 2011: $1,7182011Assets 2013: $173,853Liabilities 2013: $02013Assets 2014: $154,396Liabilities 2014: $02014Assets 2015: $144,916Liabilities 2015: $02015Assets 2019: $82,227Liabilities 2019: $02019Assets 2020: $86,974Liabilities 2020: $0Net Assets 2020: $86,9742020Assets 2021: $85,617Liabilities 2021: $0Net Assets 2021: $85,6172021Assets 2022: $85,174Liabilities 2022: $0Net Assets 2022: $85,1742022Assets 2023: $87,720Liabilities 2023: $0Net Assets 2023: $87,7202023Assets 2024: $93,447Liabilities 2024: $0Net Assets 2024: $93,4472024

Highlighted filing

2020

Assets$86,974
Liabilities$0
Net Assets$86,974

Operations Trend

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

$30K$20K$10K$0-$10K-$20KRevenue 2011: $8,576Expenses 2011: $16,496Net Income 2011: -$7,9202011Revenue 2013: $317Expenses 2013: $18,330Net Income 2013: -$18,0132013Revenue 2014: $807Expenses 2014: $20,264Net Income 2014: -$19,4572014Revenue 2015: $614Expenses 2015: $10,094Net Income 2015: -$9,4802015Revenue 2019: $1,297Expenses 2019: $3,095Net Income 2019: -$1,7982019Revenue 2020: $7,811Expenses 2020: $3,064Net Income 2020: $4,7472020Revenue 2021: $479Expenses 2021: $1,836Net Income 2021: -$1,3572021Revenue 2022: $706Expenses 2022: $1,148Net Income 2022: -$4422022Revenue 2023: $3,630Expenses 2023: $1,084Net Income 2023: $2,5462023Revenue 2024: $5,727Expenses 2024: $0Net Income 2024: $5,7272024

Highlighted filing

2020

Revenue$7,811
Expenses$3,064
Net Income$4,747
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 15, 2021
Return Version
2020v4.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
B KumarPresidentPT$0--
M KantaSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
BGM Kumar Foundation
EIN
22-3696329
In Care Of
% Birendra Kumar
Address
PO Box 224, Holmdel, NJ 07733

Signing Officer

Name
Birendra Kumar
Title
President
Signed
2021-05-15
Discuss with paid preparer
No
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DistributionFromCorpusElection/ElectionDesc0Pursuant to Regulations Section 53.4942 (a)- 3 (d) (2), BGM Kumar Foundation hereby elects to treat current year qualifying distributions in excess Of the immediately preceding tax year undistributed income as being made out Of corpus
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt10
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1M Kanta
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt1Secretary
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt1PO Box 224
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IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0true
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IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
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IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0true
IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm0B Kumar
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
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IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt04338
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IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt03066
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt05297
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt018389
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt039569
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt010052
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt04338
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt05714
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt069359
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt03038
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt03066
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt05297
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt018389
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt039659
IRS990PF/UndistributedIncomeGrp/PriorYearDeficiencyOrTaxAmt00
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IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt075073
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OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0Brokerage fees, NJ State fees, Mail Box fees
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt0232
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt0232
TaxesSchedule/TaxesDetail/AdjustedNetIncomeAmt00
TaxesSchedule/TaxesDetail/Amt026
TaxesSchedule/TaxesDetail/CategoryTxt0Excise paid to US Treasury
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt00
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Birendra Kumar
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BGM Kumar Foundation

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