Civic Intelligence

Jet U S a Inc

990 • Fiscal year 2020 • EIN 36-3977444

Jan 01, 2020 to Dec 31, 2020 • Filed on May 12, 2021

222 Dey RoadCranbury, NJ 08512

(609) 610-3307

Siviq Scores

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

Liabilities / Assets

46th percentile

0.02x

Higher debt load relative to assets than 46% of similar nonprofits.

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

Liabilities / Revenue

48th percentile

0.05x

Higher debt load relative to revenue than 48% of similar nonprofits.

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

Net Margin

60th percentile

17%

Higher net margin than 60% of similar nonprofits.

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

Top Officer Pay

56th percentile

$0

Higher top officer pay than 56% of similar nonprofits.

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

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

Asset Growth

53rd percentile

7.9%

Faster asset growth than 53% of similar nonprofits.

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

Revenue Growth

19th percentile

-34%

Faster revenue growth than 19% of similar nonprofits.

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

Assets

Up

$4,024,276

Up $294,442 (+7.9%) from 2019

Net Assets

Up

$3,936,778

Up $327,329 (+9.1%) from 2019

Liabilities

Down

$87,498

Down $32,887 (-27%) from 2019

Revenue

Down

$1,926,980

Down $1,012,013 (-34%) from 2019

Expenses

Down

$1,599,650

Down $462,490 (-22%) from 2019

Net Income

Down

$327,330

Down $549,523 (-63%) from 2019

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2012: $2,276,908Liabilities 2012: $814,510Net Assets 2012: $1,462,3982012Assets 2013: $2,899,292Liabilities 2013: $782,944Net Assets 2013: $2,116,3482013Assets 2014: $4,265,857Liabilities 2014: $749,597Net Assets 2014: $3,516,2602014Assets 2015: $4,504,128Liabilities 2015: $708,310Net Assets 2015: $3,795,8182015Assets 2016: $3,884,300Liabilities 2016: $673,390Net Assets 2016: $3,210,9102016Assets 2017: $5,725,923Liabilities 2017: $629,722Net Assets 2017: $5,096,2012017Assets 2018: $3,447,565Liabilities 2018: $701,384Net Assets 2018: $2,746,1812018Assets 2019: $3,729,834Liabilities 2019: $120,385Net Assets 2019: $3,609,4492019Assets 2020: $4,024,276Liabilities 2020: $87,498Net Assets 2020: $3,936,7782020Assets 2021: $4,362,857Liabilities 2021: $149,153Net Assets 2021: $4,213,7042021Assets 2022: $3,807,838Liabilities 2022: $119,652Net Assets 2022: $3,688,1862022Assets 2023: $5,050,532Liabilities 2023: $4,653Net Assets 2023: $5,045,8792023Assets 2024: $4,716,906Liabilities 2024: $145,153Net Assets 2024: $4,571,7532024

Highlighted filing

2020

Assets$4,024,276
Liabilities$87,498
Net Assets$3,936,778

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2012: $906,6312012Revenue 2013: $1,562,143Expenses 2013: $899,920Net Income 2013: $662,2232013Revenue 2014: $2,649,691Expenses 2014: $1,300,028Net Income 2014: $1,349,6632014Revenue 2015: $2,821,275Expenses 2015: $2,542,477Net Income 2015: $278,7982015Revenue 2016: $4,246,133Expenses 2016: $4,831,041Net Income 2016: -$584,9082016Revenue 2017: $8,029,556Expenses 2017: $6,152,312Net Income 2017: $1,877,2442017Revenue 2018: $2,612,716Expenses 2018: $4,910,806Net Income 2018: -$2,298,0902018Revenue 2019: $2,938,993Expenses 2019: $2,062,140Net Income 2019: $876,8532019Revenue 2020: $1,926,980Expenses 2020: $1,599,650Net Income 2020: $327,3302020Revenue 2021: $3,864,068Expenses 2021: $3,636,221Net Income 2021: $227,8472021Revenue 2022: $2,996,748Expenses 2022: $3,522,076Net Income 2022: -$525,3282022Revenue 2023: $3,427,758Expenses 2023: $2,070,258Net Income 2023: $1,357,5002023Revenue 2024: $3,274,731Expenses 2024: $3,748,857Net Income 2024: -$474,1262024

Highlighted filing

2020

Revenue$1,926,980
Expenses$1,599,650
Net Income$327,330
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 12, 2021
Return Version
2020v4.1
Gross Receipts
$1,926,980
Mission and Program Overview

Mission

provide spiritual and religious services to the community,

provide spiritual and religious services to the community, education for blind and underprivileged tribals, providing food bank, cancer and other health awareness programs, environmental awareness programs, veterinary care,

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,553,893$2,045,006▲ $491,113
Rtn Earn Endowment Incm Other Fnds$1,740,079$2,041,195▲ $301,116
Pd in Cap Srpls Land Bldg Eqp Fund$1,869,370$1,895,583▲ $26,213
Land, Buildings, and Equipment, Net$1,859,986$1,774,564▼ $85,422
Investments in Publicly Traded Securities$35,468$35,468→ $0
Other Notes and Loans Receivable, Net$1,040$2,958▲ $1,918
Pledges and Grants Receivable$0--
Total Assets$3,729,834$4,024,276▲ $294,442
Other Assets Total$279,447$166,280▼ $113,167
Liabilities
Unsecured Notes Loans Payable$116,885$52,423▼ $64,462
Accounts Payable and Accrued Expenses$3,500$35,075▲ $31,575
Mortgage Notes Payable Secured by Investment Property$0--
Total Liabilities$120,385$87,498▼ $32,887
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,609,449$3,936,778▲ $327,329
Total Liabilities and Net Assets / Fund Balance$3,729,834$4,024,276▲ $294,442

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$966,879$902,813-
Other Land Buildings$125,407--
Land$682,278--
Equipment$0$42,205-
Other Assets Org$166,280--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Aparna KamatamPresident
Padmaja KataruVice President
Sri Gowri KoduriSecretary
Sunita MantenaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,599,754
Program Service Revenue
$327,226
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,599,754
Change in Net Assets
$327,330

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,926,980
Total Revenue per Audited Statements
$1,926,980
Total Revenue per Form 990
$1,926,980
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$922,172
Other Expenses$514,944
Salaries, Compensation, and Employee Benefits$162,534
Total Fundraising Expense$6,615
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$922,172--$922,172
Other Expenses$282,596$106,737$0$389,333
Other Salaries and Wages$150,949$0$0$150,949
Depreciation Depletion$0$85,422$0$85,422
Information Technology$0$18,579$0$18,579
Payroll Taxes$11,585$0$0$11,585
Insurance$0$7,333$0$7,333
Travel$0$0$6,615$6,615
Fees for Services Accounting$0$3,525$0$3,525
Fees for Services Legal$0$1,840$0$1,840
Office Expenses$0$1,490$0$1,490
Advertising$0$807$0$807
Total Functional Expenses$1,367,302$225,733$6,615$1,599,650

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,599,007
Total Expenses per Audited Statements$1,599,007
Total Expenses per Form 990$1,599,007
International Activity

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

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
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

Governance Explanations

Form 990, Part VI, Line 9

Aparna kamatam 10873 breezewood dr frisco tx 75034

Form 990, Part VI, Line 9

Sunita mantena 4011 munia dr frisco tx 75035

Form 990, Part VI, Line 9

Padmaja kataru 2086 darylview court san jose ca 95138

Form 990, Part VI, Line 9

Sri gowri koduri 5708 chalice drive plano tx 75024

Filing and Contact Details

Filer

Filer Name
Jet USA Inc
EIN
36-3977444
Phone
6096103307
Address
222 DEY ROAD, CRANBURY, NJ 08512

Signing Officer

Name
Sunita Mantena
Title
Treasurer
Phone
6096103307
Signed
2021-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Krishna Bhavaraju
Formed
1994
Legal Domicile
Nj
Voting Board Members
50
Independent Board Members
50
Employees
4
Volunteers
420

Preparer

Firm
Ram Associates
Address
3240 E STATE ST EXTENSION, HAMILTON, NJ 08619
Preparer
Pkramachandran
Phone
6096319552
Supplemental Narrative

Additional Explanations

Other

The organisation has other chapters and have written policies governing the activities

Pt VI, Line 10B

Copies of 990 were provided to all members and the procedure followed.

Pt VI, Line 11B

COPIES OF 990 were provided to all members and the procedure followed.

Pt VI, Line 1A

the number of voting members were 50 and all of them were independent

Form 990, Part III, Line 4D

Other programs and admin expenses 342283. 0. 797227.

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt02493624
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt07741282
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt04113239
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt019147723
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0521
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt014937
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt057036
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt072494
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0411260
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt071565
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0482825
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0521
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt014937
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt057036
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt072494
IRS990ScheduleA/InvestmentIncomeCYPct00.00370
IRS990ScheduleA/InvestmentIncomePYPct00.00470
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99630
IRS990ScheduleA/PublicSupportPY509Pct00.99530
IRS990ScheduleA/PublicSupportTotal509Amt019630548
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01926978
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02872600
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02904884
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt07741282
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt04184804
IRS990ScheduleA/Total509Grp/TotalAmt019630548
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt019703042
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/BuildingsGrp/BookValueAmt0966879
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0902813
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01869692
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt042205
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt042205
IRS990ScheduleD/ExpensesSubtotalAmt01599007
IRS990ScheduleD/LandGrp/BookValueAmt0682278
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0682278
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0166280
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OTHER CURRENT ASSETS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0125407
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0125407
IRS990ScheduleD/RevenueSubtotalAmt01926980
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01774564
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0166280
IRS990ScheduleD/TotalExpensesPerForm990Amt01599007
IRS990ScheduleD/TotalRevenuePerForm990Amt01926980
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01926980
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01599007
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0BHAGAVAD RAMANUJA SA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0South Asia
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/Total501c3OrgCnt01
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organisation has other chapters and have written policies governing the activities
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Copies of 990 were provided to all members and the procedure followed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COPIES OF 990 were provided to all members and the procedure followed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3the number of voting members were 50 and all of them were independent
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OTHER PROGRAMS AND ADMIN EXPENSES 342283. 0. 797227.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5APARNA KAMATAM 10873 BREEZEWOOD DR FRISCO TX 75034
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SUNITA MANTENA 4011 MUNIA DR FRISCO TX 75035
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PADMAJA KATARU 2086 DARYLVIEW COURT SAN JOSE CA 95138
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8SRI GOWRI KODURI 5708 CHALICE DRIVE PLANO TX 75024
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 10b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 1a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part VI, Line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/StatesWhereCopyOfReturnIsFldCd1NJ
IRS990/StatesWhereCopyOfReturnIsFldCd2IL
IRS990/StatesWhereCopyOfReturnIsFldCd3TX
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03729834
IRS990/TotalAssetsEOYAmt04024276
IRS990/TotalAssetsGrp/BOYAmt03729834
IRS990/TotalAssetsGrp/EOYAmt04024276
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01599754
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt06615
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0225733
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01367302
IRS990/TotalFunctionalExpensesGrp/TotalAmt01599650
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0120385
IRS990/TotalLiabilitiesEOYAmt087498
IRS990/TotalLiabilitiesGrp/BOYAmt0120385
IRS990/TotalLiabilitiesGrp/EOYAmt087498
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03609449
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03936778
IRS990/TotalOtherProgSrvcExpenseAmt0342283
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt0797227
IRS990/TotalProgramServiceExpensesAmt01367302
IRS990/TotalProgramServiceRevenueAmt0327226
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0327226
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01926980
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0420
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03729834
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04024276
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt06615
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt06615
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X

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