Civic Intelligence

B Desh Foundation Inc.

990 • Fiscal year 2021 • EIN 26-3497451

Oct 01, 2020 to Sep 30, 2021 • Filed on Aug 15, 2022

6 Silo Mill CTSterling, VA 20164

(571) 306-2523

Siviq Scores

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

Liabilities / Assets

31st percentile

0.01x

Higher debt load relative to assets than 31% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

29th percentile

0.02x

Higher debt load relative to revenue than 29% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

66th percentile

23%

Higher net margin than 66% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

70th percentile

22%

Faster asset growth than 70% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

73rd percentile

42%

Faster revenue growth than 73% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,215,655

Up $393,205 (+22%) from 2020

Net Assets

Up

$2,189,130

Up $372,530 (+21%) from 2020

Liabilities

Up

$26,525

Up $20,675 (+353%) from 2020

Revenue

Up

$1,520,474

Up $449,633 (+42%) from 2020

Expenses

Up

$1,172,301

Up $542,661 (+86%) from 2020

Net Income

Down

$348,173

Down $93,028 (-21%) from 2020

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $58,474Liabilities 2012: $0Net Assets 2012: $58,4742012Assets 2013: $181,649Liabilities 2013: $0Net Assets 2013: $181,6492013Assets 2014: $187,165Liabilities 2014: $0Net Assets 2014: $187,1652014Assets 2015: $196,425Liabilities 2015: $0Net Assets 2015: $196,4252015Assets 2016: $282,442Liabilities 2016: $0Net Assets 2016: $282,4422016Assets 2017: $444,601Liabilities 2017: $0Net Assets 2017: $444,6012017Assets 2018: $935,879Liabilities 2018: $0Net Assets 2018: $935,8792018Assets 2019: $1,366,141Liabilities 2019: $5,500Net Assets 2019: $1,360,6412019Assets 2020: $1,822,450Liabilities 2020: $5,850Net Assets 2020: $1,816,6002020Assets 2021: $2,215,655Liabilities 2021: $26,525Net Assets 2021: $2,189,1302021Assets 2022: $2,733,042Liabilities 2022: $21,863Net Assets 2022: $2,711,1792022Assets 2023: $3,070,782Liabilities 2023: $22,446Net Assets 2023: $3,048,3362023Assets 2024: $3,345,951Liabilities 2024: $24,552Net Assets 2024: $3,321,3992024

Highlighted filing

2021

Assets$2,215,655
Liabilities$26,525
Net Assets$2,189,130

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0Revenue 2012: $46,500Expenses 2012: $35,327Net Income 2012: $11,1732012Expenses 2013: $80,1992013Revenue 2014: $155,089Expenses 2014: $149,573Net Income 2014: $5,5162014Revenue 2015: $134,475Expenses 2015: $125,215Net Income 2015: $9,2602015Revenue 2016: $257,283Expenses 2016: $171,266Net Income 2016: $86,0172016Revenue 2017: $316,644Expenses 2017: $155,959Net Income 2017: $160,6852017Revenue 2018: $1,182,237Expenses 2018: $690,959Net Income 2018: $491,2782018Revenue 2019: $1,191,974Expenses 2019: $781,326Net Income 2019: $410,6482019Revenue 2020: $1,070,841Expenses 2020: $629,640Net Income 2020: $441,2012020Revenue 2021: $1,520,474Expenses 2021: $1,172,301Net Income 2021: $348,1732021Revenue 2022: $1,541,640Expenses 2022: $1,020,542Net Income 2022: $521,0982022Revenue 2023: $1,428,921Expenses 2023: $1,091,764Net Income 2023: $337,1572023Revenue 2024: $1,303,543Expenses 2024: $1,030,481Net Income 2024: $273,0622024

Highlighted filing

2021

Revenue$1,520,474
Expenses$1,172,301
Net Income$348,173
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Aug 15, 2022
Return Version
2020v4.2
Gross Receipts
$1,520,474
Mission and Program Overview

Mission

BDesh Foundation Inc is a nonprofit charitable organization involved in poverty alleviation health and sanitation and educational projects The purpose of the BDesh Foundation Inc. is to assist the citizens of the world For now, our focus is centered on projects in Bangladesh and in the United States

Bdesh foundation is a non-profit charitable organization involved in poverty alleviation, health and sanitation and educational projects.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,816,600$2,189,130▲ $372,530
Cash and Non-Interest-Bearing Accounts$1,731,190$1,901,943▲ $170,753
Pledges and Grants Receivable-$150,000-
Savings and Temporary Cash Investments$87,945$114,342▲ $26,397
Land, Buildings, and Equipment, Net-$45,300-
Prepaid Expenses and Deferred Charges-$755-
Total Assets$1,822,450$2,215,655▲ $393,205
Other Assets Total$3,315$3,315→ $0
Liabilities
Accounts Payable and Accrued Expenses$5,850$26,525▲ $20,675
Total Liabilities$5,850$26,525▲ $20,675
Net Assets / Fund Balance
Net Assets With Donor Restrictions$679,987$1,134,771▲ $454,784
Net Assets Without Donor Restrictions$1,136,681$1,055,309▼ $81,372
Total Net Assets Fund Balance$1,816,600$2,189,130▲ $372,530
Total Liabilities and Net Assets / Fund Balance$1,822,450$2,215,655▲ $393,205

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$45,300$2,700$48,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mir AliPresident
Sohel AhmedCEO
Masud HassanChief Public Relations
Mohammad MohibullahCTO Intl Relations Officer
Sayedul H ChoudhuryIntl Rel
Syed a HossainSecretary
Syed QayumTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,518,436
Program Service Revenue
$0
Investment Income
$2,038
Other Revenue
$0
All Other Contributions
$1,239,459
Change in Net Assets
$348,173

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,520,474
Revenue Not Reported on Form 990
$24,357
Total Revenue per Audited Statements
$1,544,831
Total Revenue per Form 990
$1,520,474
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$994,956
Other Expenses$177,345
Total Fundraising Expense$22,729
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$802,529--$802,529
Grants to Domestic Individuals$192,427--$192,427
Other Expenses$91,474$903$335$91,474
Office Expenses-$25,080-$25,080
Fees for Services Accounting-$23,745-$23,745
Advertising--$21,644$21,644
Occupancy$7,000--$7,000
Depreciation Depletion$2,700--$2,700
All Other Expenses-$1,214-$1,214
Total Functional Expenses$1,098,630$50,942$22,729$1,172,301

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,172,301
Expenses per Audited Statements$1,171,351
Total Expenses per Audited Statements$1,171,351
Expenses Not Reported on Financial Statements$950
Other Expense Adjustments$950
International Activity

International Summary

Spending
$794,071

International Activities

RegionActivityServicesOfficesEmployeesSpending
South Asia-Assistance to Refugees--$794,071
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
B Desh Foundation
EIN
26-3497451
Phone
5713062523
Address
6 SILO MILL CT, Sterling, VA 20164

Signing Officer

Name
Syed Qayum
Title
Treasurer
Signed
2022-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sohel Ahmed
Formed
2010
Legal Domicile
Va
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Accounting Tax and Financial Services LLC
Address
604 S Frederick Ave 215, Gaithersburg, MD 20877
Preparer
Tanzila Sheikh
Phone
2406543704
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Program Service Expenses 204,012, Grants and allocations 0, Revenue 0 All Other Program Services

Form 990, Part III, Line 4D

Program Service Expenses 85,245, Grants and allocations 0, Revenue 0 SERVE A MEAL PROGRAM

Form 990, Part III, Line 4D

Program Service Expenses 177,052, Grants and allocations 0, Revenue 0 ASSISTANCE TO INDIVDUALS

Financial Statement Notes

XII 4B

Book and tax depreciation variance

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0315895
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05272510
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02038
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt04577
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02299
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt08914
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0749
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0749
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02038
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02299
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt08914
IRS990ScheduleA/InvestmentIncomeCYPct00.00170
IRS990ScheduleA/InvestmentIncomePYPct00.00170
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
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IRS990ScheduleA/PublicSupportPY509Pct00.99830
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt05273259
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01518436
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01066264
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01189678
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01182237
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0316644
IRS990ScheduleA/Total509Grp/TotalAmt05273259
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01520474
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01070841
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01191977
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01182237
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0316644
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05282173
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
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt045300
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02700
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt048000
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0950
IRS990ScheduleD/ExpensesSubtotalAmt01171351
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IRS990ScheduleD/NetUnrealizedGainsInvstAmt024357
IRS990ScheduleD/OtherExpensesNotIncludedAmt0950
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IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
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IRS990ScheduleD/RevenueSubtotalAmt01520474
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IRS990ScheduleD/TotalExpensesPerForm990Amt01172301
IRS990ScheduleD/TotalRevenuePerForm990Amt01520474
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01544831
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0794071
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0South Asia
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Assistance to Refugees
IRS990ScheduleF/SubtotalSpentAmt0794071
IRS990ScheduleF/TotalSpentAmt0794071
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt180930
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Cash
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0Meals
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IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
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IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt02215655
IRS990/TotalAssetsGrp/BOYAmt01822450
IRS990/TotalAssetsGrp/EOYAmt02215655
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt050942
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01098630
IRS990/TotalFunctionalExpensesGrp/TotalAmt01172301
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05850
IRS990/TotalLiabilitiesEOYAmt026525
IRS990/TotalLiabilitiesGrp/BOYAmt05850
IRS990/TotalLiabilitiesGrp/EOYAmt026525
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01816600
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02189130
IRS990/TotalOtherProgSrvcExpenseAmt0466309
IRS990/TotalProgramServiceExpensesAmt01098630
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01520474
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01822450
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02215655
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06 SILO MILL CT
IRS990/USAddress/CityNm0Herndon
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd020164
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.BDESHFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd0true
IRS990/WrittenPolicyOrProcedureInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.35$0.02$3.32$1.30$1.03$0.27
2023Detailed filing. Detailed filing data is available for this year.$3.07$0.02$3.05$1.43$1.09$0.34
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.73$0.02$2.71$1.54$1.02$0.52
2021Detailed filing. Detailed filing data is available for this year.$2.22$0.03$2.19$1.52$1.17$0.35
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.82$0.01$1.82$1.07$0.63$0.44
2019Detailed filing. Detailed filing data is available for this year.$1.37$0.01$1.36$1.19$0.78$0.41
2018Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$1.18$0.69$0.49
2017Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$0.32$0.16$0.16
2016Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.28$0.26$0.17$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.13$0.13$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.16$0.15$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.00$0.18$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.00$0.06$0.05$0.04$0.01