Civic Intelligence

Project Prakash Foundation Inc

990EZ • Fiscal year 2018 • EIN 27-1164796

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 08, 2019

955 Massachusetts Ave Rm/Ste 351Cambridge, MA 02139

(617) 823-5489

Siviq Scores

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

Liabilities / Assets

67th percentile

0.02x

Higher debt load relative to assets than 67% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

80th percentile

0.07x

Higher debt load relative to revenue than 80% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

83rd percentile

29%

Higher net margin than 83% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

59th percentile

6.6%

Faster asset growth than 59% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

22nd percentile

-22%

Faster revenue growth than 22% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$435,081

Up $37,582 (+9.5%) from 2016

Net Assets

Up

$426,614

Up $45,065 (+12%) from 2016

Liabilities

Down

$8,467

Down $7,483 (-47%) from 2016

Revenue

Up

$116,921

Up $72,974 (+166%) from 2016

Expenses

Down

$83,123

Down $27,022 (-25%) from 2016

Net Income

Up

$33,798

Up $99,996 (+151%) from 2016

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $60,569Net Assets 2010: $60,5692010Assets 2011: $66,358Net Assets 2011: $66,3582011Assets 2012: $67,040Net Assets 2012: $67,0402012Assets 2014: $204,731Net Assets 2014: $204,7312014Assets 2015: $447,747Net Assets 2015: $447,7472015Assets 2016: $397,499Liabilities 2016: $15,950Net Assets 2016: $381,5492016Assets 2018: $435,081Liabilities 2018: $8,467Net Assets 2018: $426,6142018Assets 2019: $569,882Liabilities 2019: $24,757Net Assets 2019: $545,1252019Assets 2020: $606,310Liabilities 2020: $6,055Net Assets 2020: $600,2552020Assets 2021: $670,576Liabilities 2021: $0Net Assets 2021: $670,5762021Assets 2022: $757,409Liabilities 2022: $0Net Assets 2022: $757,4092022Assets 2024: $689,390Liabilities 2024: $0Net Assets 2024: $689,3902024

Highlighted filing

2018

Assets$435,081
Liabilities$8,467
Net Assets$426,614

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $62,569Expenses 2010: $2,000Net Income 2010: $60,5692010Revenue 2011: $5,801Expenses 2011: $12Net Income 2011: $5,7892011Revenue 2012: $1,038Expenses 2012: $356Net Income 2012: $6822012Revenue 2014: $135,024Expenses 2014: $3,090Net Income 2014: $131,9342014Revenue 2015: $130,854Expenses 2015: $78,494Net Income 2015: $52,3602015Revenue 2016: $43,947Expenses 2016: $110,145Net Income 2016: -$66,1982016Revenue 2018: $116,921Expenses 2018: $83,123Net Income 2018: $33,7982018Revenue 2019: $192,916Expenses 2019: $74,405Net Income 2019: $118,5112019Revenue 2020: $108,125Expenses 2020: $52,995Net Income 2020: $55,1302020Revenue 2021: $111,936Expenses 2021: $41,615Net Income 2021: $70,3212021Revenue 2022: $148,635Expenses 2022: $61,802Net Income 2022: $86,8332022Revenue 2024: $267,302Expenses 2024: $201,746Net Income 2024: $65,5562024

Highlighted filing

2018

Revenue$116,921
Expenses$83,123
Net Income$33,798
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 8, 2019
Return Version
2018v3.1
Gross Receipts
$116,921
Mission and Program Overview

Mission

Project prakash provides surgeries to children with curable blindness

Program Services

DescriptionGrantsExpenses
OUR GOALS ARE TO A) PROVIDING TREATMENT TO CURABLY BLIND CHILDREN, B) HELPING THEM GAIN AN EDUCATION, AND C) CONDUCTING SCIENTIFIC RESEARCH TO DISCOVER BETTER TREATMENTS AND REHABILITATION PROCEDURES.$42,699$55,643
UNRULY ART - PROJECT PRAKASH, THROUGH RESEARCH AND ART, WORKS WITH CHILDREN WHO HAVE GAINED SIGHT AFTER A LIFETIME OF BLINDNESS TO OBTAIN DATA ON HOW THE BRAIN IMMEDIATELY STARTS LEARNING.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PAWAN SINHAPresident-$0--
PAMELA LIPSONDirector, Cl-$0--
AMY CHUDirector, Tr-$0--
SANJOY MITTERDirector-$0--
LAURA FLUGDirector-$0--
Filing and Contact Details

Filer

Filer Name
Project Prakash Foundation Inc
EIN
27-1164796
Phone
6178235489
Address
955 MASSACHUSETTS AVE RM/STE 351, CAMBRIDGE, MA 02139

Signing Officer

Name
Pawan Sinha
Title
President
Phone
6178235489
Signed
2019-11-08
Discuss with paid preparer
Yes

Preparer

Firm
Worthington Hughes & Hoar Pc
Address
400 W CUMMINGS PARK STE 3000, WOBURN, MA 01801-6592
Preparer
Stephen J Hoar
Phone
7813053534
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Name: dr schroff's charity eye hospital address: 5027 kedarnath rd; new delhi cash contribution: 33,092 name: silver linings address: 164 b, pocket a, mayur viha cash contribution: 9,607

Form 990-ez, Part I, Line 16

Expenses advertising 1,504 office exps & filing fees 85 books, subscriptions, etc. 1,276 bank fees 205 network for good & other fees 1,262 supplies 213 computer & internet 35 other 595 travel, meals, etc. 5,777 insurance 535 total 11,487

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 15,138 8,467

Raw XML Appendix151 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/PersonNm0PAWAN SINHA
IRS990EZ/BooksInCareOfDetail/PhoneNum06178235489
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt011 DANA ST 8
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CAMBRIDGE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002138
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0407954
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0435081
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0116917
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt033798
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt04220
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0407954
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0435081
IRS990EZ/GrantsAndSimilarAmountsPaidAmt042699
IRS990EZ/GrossReceiptsAmt0116921
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt04
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0392816
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0426614
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0392816
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0426614
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PAWAN SINHA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PAMELA LIPSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2AMY CHU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3SANJOY MITTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4LAURA FLUG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR, CL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR, TR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt011487
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROJECT PRAKASH PROVIDES SURGERIES TO CHILDREN WITH CURABLE BLINDNESS
IRS990EZ/PrintingPublicationsPostageAmt0266
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0OUR GOALS ARE TO A) PROVIDING TREATMENT TO CURABLY BLIND CHILDREN, B) HELPING THEM GAIN AN EDUCATION, AND C) CONDUCTING SCIENTIFIC RESEARCH TO DISCOVER BETTER TREATMENTS AND REHABILITATION PROCEDURES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1UNRULY ART - PROJECT PRAKASH, THROUGH RESEARCH AND ART, WORKS WITH CHILDREN WHO HAVE GAINED SIGHT AFTER A LIFETIME OF BLINDNESS TO OBTAIN DATA ON HOW THE BRAIN IMMEDIATELY STARTS LEARNING.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd0X
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt042699
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt055643
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt024451
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt015138
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt08467
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt083123
IRS990EZ/TotalProgramServiceExpensesAmt055643
IRS990EZ/TotalRevenueAmt0116921
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.PROJECTPRAKASH.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0116917
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0149756
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt043936
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0130846
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0135014
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0576469
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt08
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt07
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt08
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt010
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt037
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.51340
IRS990ScheduleA/PublicSupportPY170Pct00.39860
IRS990ScheduleA/PublicSupportTotal170Amt0295999
IRS990ScheduleA/SubstantialContributorsTotAmt0280470
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0116917
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0149756
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt043936
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0130846
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0135014
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0576469
IRS990ScheduleA/TotalSupportAmt0576506
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NAME: DR SCHROFF'S CHARITY EYE HOSPITAL ADDRESS: 5027 KEDARNATH RD; NEW DELHI CASH CONTRIBUTION: 33,092 NAME: SILVER LININGS ADDRESS: 164 B, POCKET A, MAYUR VIHA CASH CONTRIBUTION: 9,607
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 1,504 OFFICE EXPS & FILING FEES 85 BOOKS, SUBSCRIPTIONS, ETC. 1,276 BANK FEES 205 NETWORK FOR GOOD & OTHER FEES 1,262 SUPPLIES 213 COMPUTER & INTERNET 35 OTHER 595 TRAVEL, MEALS, ETC. 5,777 INSURANCE 535 TOTAL 11,487
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 15,138 8,467
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PAWAN SINHA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06178235489
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROJECT PRAKASH FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0PROJ
ReturnHeader/Filer/EIN0271164796
ReturnHeader/Filer/PhoneNum06178235489
ReturnHeader/Filer/USAddress/AddressLine1Txt0955 MASSACHUSETTS AVE RM/STE 351
ReturnHeader/Filer/USAddress/CityNm0CAMBRIDGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002139
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId01292CEF98CCEA5BC8A4BB0F2B61B687C67AECF05
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06CDEDBEB203C82398A31D0B06EFDE047A6A57464
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.95.164.137
ReturnHeader/FilingSecurityInformation/IPDt02019-11-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm008:40:42
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0472399509
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WORTHINGTON HUGHES & HOAR PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0400 W CUMMINGS PARK STE 3000
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WOBURN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0018016592
ReturnHeader/PreparerPersonGrp/PhoneNum07813053534
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHEN J HOAR
ReturnHeader/ReturnTs02019-11-14T08:40:42-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.89$0.00$6.89$2.67$2.02$0.66
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.57$0.00$7.57$1.49$0.62$0.87
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.71$0.00$6.71$1.12$0.42$0.70
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.06$0.06$6.00$1.08$0.53$0.55
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.70$0.25$5.45$1.93$0.74$1.19
2018Detailed filing. Detailed filing data is available for this year.$4.35$0.08$4.27$1.17$0.83$0.34
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.97$0.16$3.82$0.44$1.10$0.66
2015Detailed filing. Detailed filing data is available for this year.$4.48$4.48$1.31$0.78$0.52
2014Detailed filing. Detailed filing data is available for this year.$2.05$2.05$1.35$0.03$1.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.67$0.01$0.00$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.66$0.06$0.00$0.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.61$0.63$0.02$0.61