Civic Intelligence

Katy Indian Cultural Association

EIN 27-2814675 • 501(c)4 • Katy, TX

Profile

Promotion of Indian cultural heritage

4731 Gladesdale Park LnKaty, TX 77450
Siviq Scores

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

Liabilities / Assets

69th percentile

0.02x

Higher debt load relative to assets than 69% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

79th percentile

0.09x

Higher debt load relative to revenue than 79% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2025

Net Margin

88th percentile

36%

Higher net margin than 88% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2025

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2025

Asset Growth

68th percentile

7.0%

Faster asset growth than 68% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

12th percentile

-65%

Faster revenue growth than 12% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets69th percentile

Assets

Up

$59,413

Up $13,663 (+30%) from 2023

Liabilities

Up

$2,666

Up $92 (+3.6%) from 2023

Net Assets

Up

$56,747

Up $13,571 (+31%) from 2023

Operations
Liabilities / Revenue79th percentileNet Margin88th percentile

Revenue

Up

$42,962

Up $11,758 (+38%) from 2023

Expenses

Up

$29,391

Up $3,897 (+15%) from 2023

Net Income

Up

$13,571

Up $7,861 (+138%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth68th percentile

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

$60K$40K$20K$0Assets 2011: $17,705Liabilities 2011: $694Net Assets 2011: $17,0112011Assets 2012: $21,230Liabilities 2012: $1,839Net Assets 2012: $19,3912012Assets 2013: $27,299Liabilities 2013: $1,207Net Assets 2013: $26,0922013Assets 2014: $33,899Liabilities 2014: $0Net Assets 2014: $33,8992014Assets 2015: $38,508Liabilities 2015: $1,093Net Assets 2015: $37,4152015Assets 2016: $45,748Liabilities 2016: $1,690Net Assets 2016: $44,0582016Assets 2017: $35,093Liabilities 2017: $1,043Net Assets 2017: $34,0502017Assets 2018: $36,469Liabilities 2018: $1,301Net Assets 2018: $35,1682018Assets 2019: $39,297Liabilities 2019: $0Net Assets 2019: $39,2972019Assets 2020: $37,553Liabilities 2020: $0Net Assets 2020: $37,5532020Assets 2021: $35,541Liabilities 2021: $0Net Assets 2021: $35,5412021Assets 2022: $37,466Liabilities 2022: $0Net Assets 2022: $37,4662022Assets 2023: $45,750Liabilities 2023: $2,574Net Assets 2023: $43,1762023Assets 2024: $59,413Liabilities 2024: $2,666Net Assets 2024: $56,7472024

Highlighted filing

2024

Assets$59,413
Liabilities$2,666
Net Assets$56,747
Open 2024 Filing

Operations Trend

Revenue Growth12th percentile

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

$60K$40K$20K$0-$20KRevenue 2011: $16,884Expenses 2011: $13,325Net Income 2011: $3,5592011Revenue 2012: $17,808Expenses 2012: $15,428Net Income 2012: $2,3802012Revenue 2013: $23,443Expenses 2013: $16,742Net Income 2013: $6,7012013Revenue 2014: $24,260Expenses 2014: $16,453Net Income 2014: $7,8072014Revenue 2015: $28,473Expenses 2015: $24,957Net Income 2015: $3,5162015Revenue 2016: $35,267Expenses 2016: $28,624Net Income 2016: $6,6432016Revenue 2017: $16,994Expenses 2017: $27,002Net Income 2017: -$10,0082017Revenue 2018: $25,171Expenses 2018: $24,053Net Income 2018: $1,1182018Revenue 2019: $26,634Expenses 2019: $22,505Net Income 2019: $4,1292019Expenses 2020: $1,7442020Expenses 2021: $2,0122021Revenue 2022: $18,386Expenses 2022: $16,461Net Income 2022: $1,9252022Revenue 2023: $31,204Expenses 2023: $25,494Net Income 2023: $5,7102023Revenue 2024: $42,962Expenses 2024: $29,391Net Income 2024: $13,5712024

Highlighted filing

2024

Revenue$42,962
Expenses$29,391
Net Income$13,571
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$59,413
Liabilities
$2,666
Net assets
$56,747
Revenue
$42,962
Expenses
$29,391
Net income
$13,571
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$59.4$2.67$56.7$43.0$29.4$13.6
2023Detailed filing. Detailed filing data is available for this year.$45.8$2.57$43.2$31.2$25.5$5.71
2022Detailed filing. Detailed filing data is available for this year.$37.5$0.00$37.5$18.4$16.5$1.93
2021Detailed filing. Detailed filing data is available for this year.$35.5$0.00$35.5$2.01
2020Detailed filing. Detailed filing data is available for this year.$37.6$0.00$37.6$1.74
2019Detailed filing. Detailed filing data is available for this year.$39.3$0.00$39.3$26.6$22.5$4.13
2018Detailed filing. Detailed filing data is available for this year.$36.5$1.30$35.2$25.2$24.1$1.12
2017Detailed filing. Detailed filing data is available for this year.$35.1$1.04$34.1$17.0$27.0$10.0
2016Detailed filing. Detailed filing data is available for this year.$45.7$1.69$44.1$35.3$28.6$6.64
2015Detailed filing. Detailed filing data is available for this year.$38.5$1.09$37.4$28.5$25.0$3.52
2014Detailed filing. Detailed filing data is available for this year.$33.9$0.00$33.9$24.3$16.5$7.81
2013Detailed filing. Detailed filing data is available for this year.$27.3$1.21$26.1$23.4$16.7$6.70
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.2$1.84$19.4$17.8$15.4$2.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.7$0.69$17.0$16.9$13.3$3.56
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 4, 2025
Return Version
2024v5.1
Gross Receipts
$42,962
Mission and Program Overview

Mission

Promotion of Indian cultural heritage

Program Services

DescriptionGrantsExpenses
Hold annual Indian dance events in the Fall that is attended by many people. The function concides with Deepawali, a main Indian festival of lights.-$0
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jayani A ParikhDirector-$0--
Ritu G MurarkaDirector-$0--
Parthasarthy KrishnaswamyDirector-$0--
Tushar DesaiDirector-$0--
Nachiketa AnandDirector-$0--
Filing and Contact Details

Filer

Filer Name
Katy Indian Cultural Association
EIN
27-2814675
In Care Of
% Tushar Desai
Phone
7132069628
Address
4731 Gladesdale Park Ln, Katy, TX 77450

Signing Officer

Name
Tushar Desai
Title
Director
Phone
7132069628
Signed
2025-05-04
Discuss with paid preparer
No

Preparer

Firm
Thomas Cownan PC
Address
23027 Catalina Harbor Ct, Katy, TX 77494
Preparer
Thomas Cownan
Phone
8325638517
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description AmountEntrace Ticket Sales 36,754Discount on timely sales tax filing 8”

Description of other expenses Part I line 16

“Description AmountDecorations 79Event Insurance 350”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearSales Tax Payable Ticket Sales 1,686 2,666Accrued Expenses 888 0”

Raw XML Appendix122 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0Tushar Desai
IRS990EZ/BooksInCareOfDetail/PhoneNum07132069628
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt020415 Cajon Canyon Ct
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Katy
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd077450
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt045750
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt059413
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt06200
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt013571
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt09100
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt045750
IRS990EZ/Form990TotalAssetsGrp/EOYAmt059413
IRS990EZ/GrossReceiptsAmt042962
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt043176
IRS990EZ/NetAssetsOrFundBalancesEOYAmt056747
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt043176
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt056747
IRS990EZ/OccupancyRentUtltsAndMaintAmt019429
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Jayani A Parikh
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Ritu G Murarka
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Parthasarthy Krishnaswamy
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Tushar Desai
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Nachiketa Anand
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt0429
IRS990EZ/OtherRevenueTotalAmt036762
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Promotion of Indian cultural heritage
IRS990EZ/PrintingPublicationsPostageAmt0433
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Hold annual Indian dance events in the Fall that is attended by many people. The function concides with Deepawali, a main Indian festival of lights.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02574
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02666
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt029391
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt042962
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountEntrace Ticket Sales 36,754Discount on timely sales tax filing 8
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountDecorations 79Event Insurance 350
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearSales Tax Payable Ticket Sales 1,686 2,666Accrued Expenses 888 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0TUSHAR DESAI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/PhoneNum07132069628
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Katy Indian Cultural Association
ReturnHeader/Filer/BusinessNameControlTxt0KATY
ReturnHeader/Filer/EIN0272814675
ReturnHeader/Filer/InCareOfNm0% Tushar Desai
ReturnHeader/Filer/PhoneNum07132069628
ReturnHeader/Filer/USAddress/AddressLine1Txt04731 Gladesdale Park Ln
ReturnHeader/Filer/USAddress/CityNm0Katy
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077450
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Thomas Cownan PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt023027 Catalina Harbor Ct
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Katy
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077494
ReturnHeader/PreparerPersonGrp/PhoneNum08325638517
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS COWNAN
ReturnHeader/ReturnTs02025-05-08T22:42:25-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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