Civic Intelligence

Kg Foundations Inc

990EZ • Fiscal year 2019 • EIN 45-2925793

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 20, 2020

Organization ProfileN/A
7 Blossom Hill DrivePlainsboro, NJ 08536

(609) 273-1450

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

60th percentile

4.5%

Higher net margin than 60% of similar nonprofits.

2019 filings • NTEE A62 • <$500k nonprofits • Source year 2019

Top Officer Pay

67th percentile

$2,000

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2019 filings • NTEE A62 • <$500k nonprofits • Source year 2019

Asset Growth

57th percentile

8.7%

Faster asset growth than 57% of similar nonprofits.

2019 filings • NTEE A62 • <$500k nonprofits • Annualized from 2016 to 2019

Revenue Growth

27th percentile

-11%

Faster revenue growth than 27% of similar nonprofits.

2019 filings • NTEE A62 • <$500k nonprofits • Annualized from 2016 to 2019

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$11,024

Up $2,439 (+28%) from 2016

Net Assets

Up

$11,024

Up $2,439 (+28%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin60th percentile

Revenue

Down

$70,687

Down $29,014 (-29%) from 2016

Expenses

Down

$67,491

Down $23,625 (-26%) from 2016

Net Income

Down

$3,196

Down $5,389 (-63%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth57th percentile

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

$60K$40K$20K$0Assets 2012: $6,903Liabilities 2012: $02012Assets 2016: $8,585Net Assets 2016: $8,5852016Assets 2019: $11,024Net Assets 2019: $11,0242019Assets 2020: $37,167Net Assets 2020: $37,1672020Assets 2023: $46,596Net Assets 2023: $46,5962023Assets 2024: $55,975Net Assets 2024: $55,9752024

Highlighted filing

2019

Assets$11,024
Liabilities-
Net Assets$11,024
Open 2019 Filing

Operations Trend

Revenue Growth27th percentile

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

$100K$50K$0Revenue 2012: $58,733Expenses 2012: $51,830Net Income 2012: $6,9032012Revenue 2016: $99,701Expenses 2016: $91,116Net Income 2016: $8,5852016Revenue 2019: $70,687Expenses 2019: $67,491Net Income 2019: $3,1962019Revenue 2020: $56,672Expenses 2020: $31,153Net Income 2020: $25,5192020Revenue 2023: $95,121Expenses 2023: $78,782Net Income 2023: $16,3392023Revenue 2024: $92,065Expenses 2024: $82,686Net Income 2024: $9,3792024

Highlighted filing

2019

Revenue$70,687
Expenses$67,491
Net Income$3,196
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 20, 2020
Return Version
2019v5.1
Gross Receipts
$70,687
Mission and Program Overview

Mission

to contribute towards learning, development of, and spread the appreciation for Indian classical music and dance art forms in North America

Program Services

DescriptionGrantsExpenses
for Indian classical music and dance eventin North America$0$61,650
Compensation and Service Providers
Top Officer Pay67th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Aler M KrishnanTrusteePT$2,000-$2,000
Chitra RamaswamyTrustee-$2,000-$2,000
Priyadarsini GovindTrustee-$0--
CS PRASDDirector-$0--
MADHAV PRASADTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Kg Foundations Inc
EIN
45-2925793
Phone
6092731450
Address
7 BLOSSOM HILL DRIVE, PLAINSBORO, NJ 08536

Signing Officer

Name
C S Prasad
Title
Director
Phone
6092731450
Signed
2020-08-20

Preparer

Firm
Pk Vasudevan
Address
315 LOWELL AVENUE, HAMILTON, NJ 08619
Preparer
P K Vasudevan
Phone
6095875141
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Office expenses 323.”

Form 990EZ, Part I, Line 16

“Event and travel expenses 27518.”

Form 990EZ, Part I, Line 16

“Visa App charges 1341.”

Form 990EZ, Part I, Line 16

“Bank charges 92.”

Raw XML Appendix166 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/PersonNm0organization
IRS990EZ/BooksInCareOfDetail/PhoneNum06092731450
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt07 BLOSSOM HILL DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PLAINSBORO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd008536
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt011024
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt070687
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt03196
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt015692
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt011024
IRS990EZ/FundraisingGrossIncomeAmt00
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IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt070687
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt011024
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt011024
IRS990EZ/OccupancyRentUtltsAndMaintAmt022525
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt02000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt12000
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/PersonNm0Aler M Krishnan
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Chitra Ramaswamy
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Priyadarsini Govind
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CS PRASD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MADHAV PRASAD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Trustee
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt07828
IRS990EZ/OtherExpensesTotalAmt029274
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0to contribute towards learning, development of, and spread the appreciation for Indian classical music and dance art forms in North America
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0for Indian classical music and dance eventin North America
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt061650
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt067491
IRS990EZ/TotalProgramServiceExpensesAmt061650
IRS990EZ/TotalRevenueAmt070687
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt072743
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt099701
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0172444
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt0172444
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt072743
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt099701
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0172444
IRS990ScheduleA/TotalSupportAmt0172444
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office expenses 323.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Event and travel expenses 27518.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Visa App charges 1341.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Bank charges 92.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02020-11-19 02:30:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0C S PRASAD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06092731450
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-08-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KG FOUNDATIONS INC
ReturnHeader/Filer/BusinessNameControlTxt0KGFO
ReturnHeader/Filer/EIN0452925793
ReturnHeader/Filer/PhoneNum06092731450
ReturnHeader/Filer/USAddress/AddressLine1Txt07 BLOSSOM HILL DRIVE
ReturnHeader/Filer/USAddress/CityNm0PLAINSBORO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008536
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0A0A53B8CA56EF67EA62ED768C2B76A6C7D7E2F2B
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0430D9167B9D8F7478C6BAA80A8731457415B26FD
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt047.22.75.18
ReturnHeader/FilingSecurityInformation/IPDt02020-09-08
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm014:21:13
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PK VASUDEVAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0315 LOWELL AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HAMILTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008619
ReturnHeader/PreparerPersonGrp/PhoneNum06095875141
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0P K VASUDEVAN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-09-08T14:21:52-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,024
Liabilities
-
Net assets
$11,024
Revenue
$70,687
Expenses
$67,491
Net income
$3,196
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$56.0$56.0$92.1$82.7$9.38
2023Detailed filing. Detailed filing data is available for this year.$46.6$46.6$95.1$78.8$16.3
2020Detailed filing. Detailed filing data is available for this year.$37.2$37.2$56.7$31.2$25.5
2019Detailed filing. Detailed filing data is available for this year.$11.0$11.0$70.7$67.5$3.20
2016Detailed filing. Detailed filing data is available for this year.$8.59$8.59$99.7$91.1$8.59
2012Summary only. Only limited summary data is available for this year.$6.90$0.00$58.7$51.8$6.90