Civic Intelligence

Kg Foundations Inc

990EZ • Fiscal year 2023 • EIN 45-2925793

Jan 01, 2023 to Dec 31, 2023 • Filed on May 08, 2024

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 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

72nd percentile

17%

Higher net margin than 72% of similar nonprofits.

2023 filings • NTEE A62 • <$500k nonprofits • Source year 2023

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2023 filings • NTEE A62 • <$500k nonprofits • Source year 2023

Asset Growth

59th percentile

7.8%

Faster asset growth than 59% of similar nonprofits.

2023 filings • NTEE A62 • <$500k nonprofits • Annualized from 2020 to 2023

Revenue Growth

55th percentile

19%

Faster revenue growth than 55% of similar nonprofits.

2023 filings • NTEE A62 • <$500k nonprofits • Annualized from 2020 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$46,596

Up $9,429 (+25%) from 2020

Net Assets

Up

$46,596

Up $9,429 (+25%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin72nd percentile

Revenue

Up

$95,121

Up $38,449 (+68%) from 2020

Expenses

Up

$78,782

Up $47,629 (+153%) from 2020

Net Income

Down

$16,339

Down $9,180 (-36%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth59th 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

2023

Assets$46,596
Liabilities-
Net Assets$46,596
Open 2023 Filing

Operations Trend

Revenue Growth55th 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

2023

Revenue$95,121
Expenses$78,782
Net Income$16,339
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 8, 2024
Return Version
2023v5.1
Gross Receipts
$95,121
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
Indian classical music and dance event in North America$0$56,307
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
C S PrasadTrusteePT$0--
Shankar RamanTrustee-$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
2024-05-08

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

“Bank Charges 50.”

Form 990EZ, Part I, Line 16

“Paypal Fees 2011.”

Form 990EZ, Part I, Line 16

“Meal Expenses 10618.”

Form 990EZ, Part I, Line 16

“Insurance 1418.”

Form 990EZ, Part I, Line 16

“Internet Expenses 510.”

Form 990EZ, Part I, Line 16

“Cleaning Expenses 1150.”

Form 990EZ, Part I, Line 16

“Miscellaneous Expenses 100.”

Form 990EZ, Part I, Line 16

“Projector Rental Expenses 400.”

Form 990EZ, Part I, Line 16

“Supplies 4776.”

Form 990EZ, Part I, Line 16

“Travel and Stay Expenses 15019.”

Form 990EZ, Part I, Line 16

“Visa Feees 10658.”

Raw XML Appendix167 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/PersonNm0C S Prasad
IRS990EZ/BooksInCareOfDetail/PhoneNum06092731450
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt07 BLOSSOM HILL DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PLAINSBORO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd008536
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt030257
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt046596
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt095121
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt016339
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt018899
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt030257
IRS990EZ/Form990TotalAssetsGrp/EOYAmt046596
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt095121
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt030257
IRS990EZ/NetAssetsOrFundBalancesEOYAmt046596
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt030257
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt046596
IRS990EZ/OccupancyRentUtltsAndMaintAmt012987
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0C S Prasad
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Shankar Raman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Madhav Prasad
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Trustee
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt046710
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/PrintingPublicationsPostageAmt0186
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Indian classical music and dance event in North America
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt056307
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt078782
IRS990EZ/TotalProgramServiceExpensesAmt056307
IRS990EZ/TotalRevenueAmt095121
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt095121
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt045786
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt040681
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt056672
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt072743
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0311003
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0311003
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt095121
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt045786
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt040681
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt056672
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt072743
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0311003
IRS990ScheduleA/TotalSupportAmt0311003
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Bank Charges 50.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Paypal Fees 2011.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Meal Expenses 10618.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance 1418.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Internet Expenses 510.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Cleaning Expenses 1150.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Miscellaneous Expenses 100.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Projector Rental Expenses 400.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Supplies 4776.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Travel and Stay Expenses 15019.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Visa Feees 10658.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/PersonNm0C S PRASAD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06092731450
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-08
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/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0223061572
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/PreparationDt02024-09-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0P K VASUDEVAN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-09-12T08:25:12-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$46,596
Liabilities
-
Net assets
$46,596
Revenue
$95,121
Expenses
$78,782
Net income
$16,339
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