Civic Intelligence

International Foundation for Progress Inc

EIN 26-4514690 • 501(c)3 • New Hyde Park, NY

Profile

The organization is established to support grassroot institutions within asia where progress is needed in education, vocational training and basic health care

64 Marcus AveNew Hyde Park, NY 11040

n/A

Siviq Scores

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

Liabilities / Assets

40th percentile

0.00x

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

NTEE B • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

40th percentile

0.00x

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

NTEE B • $500k-$1M nonprofits • Source year 2024

Net Margin

74th percentile

26%

Higher net margin than 74% of similar nonprofits.

NTEE B • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

57th percentile

$0

Higher top officer pay than 57% of similar nonprofits.

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

NTEE B • $500k-$1M nonprofits • Source year 2024

Asset Growth

37th percentile

0.3%

Faster asset growth than 37% of similar nonprofits.

NTEE B • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

2nd percentile

-78%

Faster revenue growth than 2% of similar nonprofits.

NTEE B • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets40th percentile

Assets

Up

$684,274

Up $2,256 (+0.3%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$684,274

Up $2,256 (+0.3%) from 2023

Operations
Liabilities / Revenue40th percentileNet Margin74th percentile

Revenue

Down

$8,750

Down $30,908 (-78%) from 2023

Expenses

Down

$6,494

Down $6,367 (-50%) from 2023

Net Income

Down

$2,256

Down $24,541 (-92%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth37th percentile

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

$800K$600K$400K$200K$0Assets 2010: $66,215Liabilities 2010: $0Net Assets 2010: $66,2152010Assets 2011: $112,905Liabilities 2011: $0Net Assets 2011: $112,9052011Assets 2012: $159,017Liabilities 2012: $0Net Assets 2012: $159,0172012Assets 2013: $204,567Liabilities 2013: $0Net Assets 2013: $204,5672013Assets 2014: $219,978Liabilities 2014: $0Net Assets 2014: $219,9782014Assets 2015: $279,763Liabilities 2015: $0Net Assets 2015: $279,7632015Assets 2016: $346,193Liabilities 2016: $0Net Assets 2016: $346,1932016Assets 2017: $421,247Liabilities 2017: $0Net Assets 2017: $421,2472017Assets 2018: $448,026Liabilities 2018: $0Net Assets 2018: $448,0262018Assets 2019: $496,034Liabilities 2019: $0Net Assets 2019: $496,0342019Assets 2020: $556,781Liabilities 2020: $0Net Assets 2020: $556,7812020Assets 2021: $618,540Liabilities 2021: $0Net Assets 2021: $618,5402021Assets 2022: $655,221Liabilities 2022: $0Net Assets 2022: $655,2212022Assets 2023: $682,018Liabilities 2023: $0Net Assets 2023: $682,0182023Assets 2024: $684,274Liabilities 2024: $0Net Assets 2024: $684,2742024

Highlighted filing

2024

Assets$684,274
Liabilities$0
Net Assets$684,274
Open 2024 Filing

Operations Trend

Revenue Growth2nd percentile

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

$150K$100K$50K$0Expenses 2010: $24,6322010Expenses 2011: $21,0272011Expenses 2012: $19,3072012Revenue 2013: $68,286Expenses 2013: $22,736Net Income 2013: $45,5502013Revenue 2014: $37,318Expenses 2014: $21,907Net Income 2014: $15,4112014Revenue 2015: $91,506Expenses 2015: $31,721Net Income 2015: $59,7852015Revenue 2016: $97,681Expenses 2016: $31,251Net Income 2016: $66,4302016Revenue 2017: $102,766Expenses 2017: $27,712Net Income 2017: $75,0542017Revenue 2018: $69,039Expenses 2018: $42,260Net Income 2018: $26,7792018Revenue 2019: $67,699Expenses 2019: $19,692Net Income 2019: $48,0072019Revenue 2020: $79,717Expenses 2020: $18,970Net Income 2020: $60,7472020Revenue 2021: $77,437Expenses 2021: $15,677Net Income 2021: $61,7602021Revenue 2022: $46,988Expenses 2022: $10,308Net Income 2022: $36,6802022Revenue 2023: $39,658Expenses 2023: $12,861Net Income 2023: $26,7972023Revenue 2024: $8,750Expenses 2024: $6,494Net Income 2024: $2,2562024

Highlighted filing

2024

Revenue$8,750
Expenses$6,494
Net Income$2,256
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$684,274
Liabilities
$0
Net assets
$684,274
Revenue
$8,750
Expenses
$6,494
Net income
$2,256
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.84$0.00$6.84$0.09$0.06$0.02
2023Detailed filing. Detailed filing data is available for this year.$6.82$0.00$6.82$0.40$0.13$0.27
2022Detailed filing. Detailed filing data is available for this year.$6.55$0.00$6.55$0.47$0.10$0.37
2021Detailed filing. Detailed filing data is available for this year.$6.19$0.00$6.19$0.77$0.16$0.62
2020Detailed filing. Detailed filing data is available for this year.$5.57$0.00$5.57$0.80$0.19$0.61
2019Detailed filing. Detailed filing data is available for this year.$4.96$0.00$4.96$0.68$0.20$0.48
2018Detailed filing. Detailed filing data is available for this year.$4.48$0.00$4.48$0.69$0.42$0.27
2017Detailed filing. Detailed filing data is available for this year.$4.21$0.00$4.21$1.03$0.28$0.75
2016Detailed filing. Detailed filing data is available for this year.$3.46$0.00$3.46$0.98$0.31$0.66
2015Detailed filing. Detailed filing data is available for this year.$2.80$0.00$2.80$0.92$0.32$0.60
2014Detailed filing. Detailed filing data is available for this year.$2.20$0.00$2.20$0.37$0.22$0.15
2013Detailed filing. Detailed filing data is available for this year.$2.05$0.00$2.05$0.68$0.23$0.46
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$0.00$1.59$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.00$1.13$0.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.00$0.66$0.25
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 6, 2025
Return Version
2024v5.1
Gross Receipts
$8,750
Mission and Program Overview

Mission

The organization is established

The organization is established to support grassroot institutions within asia where progress is needed in education, vocational training and basic health care

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$434,003$634,003▲ $200,000
Cash and Non-Interest-Bearing Accounts$248,015$50,271▼ $197,744
Total Assets$682,018$684,274▲ $2,256
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$682,018$684,274▲ $2,256
Total Net Assets Fund Balance$682,018$684,274▲ $2,256
Total Liabilities and Net Assets / Fund Balance$682,018$684,274▲ $2,256
Compensation and Service Providers
Top Officer Pay57th percentile

Board Members and Trustees

NameTitle
SafdarChadda
Revenue and Support

Revenue Composition

Contributions and Grants
$8,750
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$8,750
Change in Net Assets
$2,256
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$4,100
Other Expenses$2,394
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$4,100--$4,100
Fees for Services Accounting$0$695$0$695
Travel$160$0$0$160
Other Expenses$0$125$0$125
Total Functional Expenses$5,674$820$0$6,494
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
International Foundation for Progress Inc
EIN
26-4514690
Phone
5167476305
Address
64 MARCUS AVE, NEW HYDE PARK, NY 11040

Signing Officer

Name
Dr Safdar Chadda
Title
Director
Phone
5167476305
Signed
2025-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Safdar Chadda
Formed
2009
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
NRS Accounting Services Inc
Address
80 Hillside Ave, Williston Park, NY 11596
Preparer
Bashir Kapdi
Phone
5168730530
Supplemental Narrative

Additional Explanations

Pt VI, Line 8A

“N/A”

Pt VI, Line 8B

“N/A”

Pt VI, Line 11B

“N/A”

Raw XML Appendix248 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.

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