Civic Intelligence

Bhagia Foundation

990PF • Fiscal year 2020 • EIN 27-1534575

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 26, 2021

5304 Valerie StreetBellaire, TX 77401

(832) 545-9376

Siviq Scores

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

Liabilities / Assets

41st percentile

0.01x

Higher debt load relative to assets than 41% of similar nonprofits.

2020 filings • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

71st percentile

0.26x

Higher debt load relative to revenue than 71% of similar nonprofits.

2020 filings • $1M-$5M nonprofits • Source year 2020

Net Margin

52nd percentile

6.1%

Higher net margin than 52% of similar nonprofits.

2020 filings • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

44th percentile

$0

Higher top officer pay than 44% of similar nonprofits.

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

2020 filings • $1M-$5M nonprofits • Source year 2020

Asset Growth

38th percentile

0.2%

Faster asset growth than 38% of similar nonprofits.

2020 filings • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

38th percentile

-8.3%

Faster revenue growth than 38% of similar nonprofits.

2020 filings • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,902,326

Up $3,321 (+0.2%) from 2019

Net Assets

Down

$1,887,533

Down $7,743 (-0.4%) from 2019

Liabilities

Up

$14,793

Up $11,064 (+297%) from 2019

Revenue

Down

$56,509

Down $5,103 (-8.3%) from 2019

Expenses

Down

$53,069

Down $130,709 (-71%) from 2019

Net Income

Up

$3,440

Up $125,606 (+103%) from 2019

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $180,806Liabilities 2011: $0Net Assets 2011: $180,8062011Assets 2014: $954,825Liabilities 2014: $0Net Assets 2014: $954,8252014Assets 2015: $995,392Liabilities 2015: $0Net Assets 2015: $995,3922015Assets 2016: $1,509,517Liabilities 2016: $990Net Assets 2016: $1,508,5272016Assets 2018: $1,866,419Liabilities 2018: $3,729Net Assets 2018: $1,862,6902018Assets 2019: $1,899,005Liabilities 2019: $3,729Net Assets 2019: $1,895,2762019Assets 2020: $1,902,326Liabilities 2020: $14,793Net Assets 2020: $1,887,5332020Assets 2021: $1,995,467Liabilities 2021: $31,690Net Assets 2021: $1,963,7772021Assets 2022: $1,996,549Liabilities 2022: $33,375Net Assets 2022: $1,963,1742022Assets 2024: $2,027,071Liabilities 2024: $0Net Assets 2024: $2,027,0712024

Highlighted filing

2020

Assets$1,902,326
Liabilities$14,793
Net Assets$1,887,533

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2011: $17,8092011Revenue 2014: $273,485Expenses 2014: $77,750Net Income 2014: $195,7352014Revenue 2015: $91,886Expenses 2015: $52,121Net Income 2015: $39,7652015Revenue 2016: $611,111Expenses 2016: $37,400Net Income 2016: $573,7112016Revenue 2018: $64,741Expenses 2018: $83,974Net Income 2018: -$19,2332018Revenue 2019: $61,612Expenses 2019: $183,778Net Income 2019: -$122,1662019Revenue 2020: $56,509Expenses 2020: $53,069Net Income 2020: $3,4402020Revenue 2021: $136,970Expenses 2021: $71,482Net Income 2021: $65,4882021Revenue 2022: $83,235Expenses 2022: $74,436Net Income 2022: $8,7992022Revenue 2024: $88,606Expenses 2024: $51,089Net Income 2024: $37,5172024

Highlighted filing

2020

Revenue$56,509
Expenses$53,069
Net Income$3,440
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 26, 2021
Return Version
2020v4.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
VIJAY BHAGIADirectorPT$0--
VASDEV BHAGIADirectorPT$0--
KUSUM BHAGIADirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Bhagia Foundation
EIN
27-1534575
Phone
8325459376
Address
5304 VALERIE STREET, BELLAIRE, TX 77401

Signing Officer

Name
Vijay Bhagia
Title
Director
Phone
8325459376
Signed
2021-10-26

Preparer

Firm
AH CPA's PLLC
Address
3050 POST OAK BLVD SUITE 550, HOUSTON, TX 77056
Preparer
Anjali Arjunani
Phone
7135529499
Raw XML Appendix374 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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IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0false
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IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd0true
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt10
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt085517
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IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt051413
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt032852
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt018561
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt00
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt00
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt00
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IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt051413
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IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
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OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt01726554
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt147154
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OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc1Investment In AGI
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt01757066
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt146343
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt01757066
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OtherDecreasesSchedule/OtherDecreasesDetail/Amt09722
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OtherDecreasesSchedule/OtherDecreasesDetail/Desc0Net Capital Loss
OtherDecreasesSchedule/OtherDecreasesDetail/Desc1Adjustment
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0INVESTMENT MANAGEMENT FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1AGI Richey K-1 Ord. Loss
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2Bank Charge
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc3Office Expense
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc4Bookkeeping
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt015505
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1811
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt22
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt33
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt4416
OtherIncomeSchedule2/OtherIncomeDetail/Desc0Capital Gain Distribution
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt079
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt079
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/BOYBookValueAmt03034
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/BOYBookValueAmt1695
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc0Due to/from Space Center
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc1Due to Victory Collaboration
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc2Due to Stay Curious
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc3Due to Bhagia Collaboration
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/EOYBookValueAmt03034
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/EOYBookValueAmt1865
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/EOYBookValueAmt23391
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/EOYBookValueAmt37503
TaxesSchedule/TaxesDetail/Amt0771
TaxesSchedule/TaxesDetail/Amt1750
TaxesSchedule/TaxesDetail/Amt21124
TaxesSchedule/TaxesDetail/CategoryTxt0FOREIGN TAX PAID
TaxesSchedule/TaxesDetail/CategoryTxt1Income Tax
TaxesSchedule/TaxesDetail/CategoryTxt2Property Tax
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0VIJAY BHAGIA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08325459376
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BHAGIA FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BHAG
ReturnHeader/Filer/EIN0271534575
ReturnHeader/Filer/PhoneNum08325459376
ReturnHeader/Filer/USAddress/AddressLine1Txt05304 VALERIE STREET
ReturnHeader/Filer/USAddress/CityNm0BELLAIRE
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ReturnHeader/Filer/USAddress/ZIPCd077401
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0AH CPA's PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03050 POST OAK BLVD SUITE 550
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOUSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077056
ReturnHeader/PreparerPersonGrp/PhoneNum07135529499
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANJALI ARJUNANI
ReturnHeader/ReturnTs02021-11-08T12:08:29-08:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0VIJAY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BHAGIA
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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