Civic Intelligence

Taara Us Inc.

990 • Fiscal year 2023 • EIN 45-5065373

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

505 5th Street Unit BPalisades Park, NJ 07650

(201) 281-2279

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • NTEE A • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

25th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • NTEE A • $500k-$1M nonprofits • Source year 2023

Net Margin

90th percentile

59%

Higher net margin than 90% of similar nonprofits.

2023 filings • NTEE A • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2023 filings • NTEE A • $500k-$1M nonprofits • Source year 2023

Asset Growth

91st percentile

95%

Faster asset growth than 91% of similar nonprofits.

2023 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

76th percentile

43%

Faster revenue growth than 76% of similar nonprofits.

2023 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$838,476

Up $409,184 (+95%) from 2022

Net Assets

Up

$838,476

Up $409,184 (+95%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$698,857

Up $210,289 (+43%) from 2022

Expenses

Up

$289,673

Up $100,978 (+54%) from 2022

Net Income

Up

$409,184

Up $109,311 (+36%) from 2022

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $2,000Net Assets 2012: $2,0002012Assets 2013: $4,072Liabilities 2013: $0Net Assets 2013: $4,0722013Assets 2014: $13,190Liabilities 2014: $0Net Assets 2014: $13,1902014Assets 2015: $34,846Liabilities 2015: $02015Assets 2016: $3,472Liabilities 2016: $0Net Assets 2016: $3,4722016Assets 2017: $42,296Liabilities 2017: $0Net Assets 2017: $42,2962017Assets 2018: $57,138Liabilities 2018: $0Net Assets 2018: $57,1382018Assets 2019: $132,020Liabilities 2019: $0Net Assets 2019: $132,0202019Assets 2020: $137,693Liabilities 2020: $0Net Assets 2020: $137,6932020Assets 2021: $129,419Liabilities 2021: $0Net Assets 2021: $129,4192021Assets 2022: $429,292Liabilities 2022: $0Net Assets 2022: $429,2922022Assets 2023: $838,476Liabilities 2023: $0Net Assets 2023: $838,4762023Assets 2024: $1,237,250Liabilities 2024: $11,542Net Assets 2024: $1,225,7082024

Highlighted filing

2023

Assets$838,476
Liabilities$0
Net Assets$838,476

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2012: $2,0002012Revenue 2013: $2,102Expenses 2013: $30Net Income 2013: $2,0722013Revenue 2014: $9,673Expenses 2014: $30Net Income 2014: $9,6432014Revenue 2015: $21,656Expenses 2015: $0Net Income 2015: $21,6562015Revenue 2016: $53,895Expenses 2016: $85,269Net Income 2016: -$31,3742016Revenue 2017: $121,953Expenses 2017: $83,129Net Income 2017: $38,8242017Revenue 2018: $91,680Expenses 2018: $76,838Net Income 2018: $14,8422018Revenue 2019: $172,783Expenses 2019: $97,901Net Income 2019: $74,8822019Revenue 2020: $18,064Expenses 2020: $12,391Net Income 2020: $5,6732020Revenue 2021: $26,592Expenses 2021: $34,866Net Income 2021: -$8,2742021Revenue 2022: $488,568Expenses 2022: $188,695Net Income 2022: $299,8732022Revenue 2023: $698,857Expenses 2023: $289,673Net Income 2023: $409,1842023Revenue 2024: $747,219Expenses 2024: $361,040Net Income 2024: $386,1792024

Highlighted filing

2023

Revenue$698,857
Expenses$289,673
Net Income$409,184
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$698,857
Mission and Program Overview

Mission

The organization was formed with the intent to become a museum dedicated to exploring and contemplating the journey of emigration of indian people to the united states since 1950. The organization will collect oral histories from indian immigrants, display newspaper and magazine articles on the subject of indian immigration, and exhibit relevant memorabilia, as well as sponsor educational programs on indian emigration to the united states.

To rescue & empower sex-trafficking survivors to rebuild their lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$429,292$635,023▲ $205,731
Investments in Publicly Traded Securities-$203,453-
Total Assets$429,292$838,476▲ $409,184
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$429,292$838,476▲ $409,184
Total Net Assets Fund Balance$429,292$838,476▲ $409,184
Total Liabilities and Net Assets / Fund Balance$429,292$838,476▲ $409,184
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dinesh KhoslaChairman
Priya IsraniPresident
Lavina DatwaniVice President
Rajiv AdvaniVice President
Alka RathodDirector
Bharti RamaniDirector
Cristy KaurDirector
Mudit GuptaDirector
Niketa GovindaniDirector
Nishita DatwaniDirector
Priya KatDirector
Shilpa SadhwaniDirector
Shilpa SunkaraDirector
Urvashi MishraDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$691,180
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$7,677
All Other Contributions
$691,180
Change in Net Assets
$409,184
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$174,955
Grants and Similar Amounts Paid$114,718
Total Fundraising Expense$90,625
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$114,718--$114,718
Fees for Services Other$50,590--$50,590
Other Expenses$28,862-$90,625$28,862
Office Expenses-$4,878-$4,878
Total Functional Expenses$194,170$4,878$90,625$289,673
International Activity

International Summary

Offices
0
Employees
0
Spending
$114,718

International Compliance

Foreign grant records maintained
No
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

International Activities

RegionActivityServicesOfficesEmployeesSpending
IndiaGrant---$114,718
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

Committes reported to governing body for action, if any

Form 990, Part VI, Section B, Line 11B

A copy of the form 990 was emailed to all the members of the governing body.

Form 990, Part VI, Section C, Line 19

The organization's 990 will be available on its own website and guidstar, and upon request.

Filing and Contact Details

Filer

Filer Name
Taara Inc
EIN
45-5065373
Phone
2012812279
Address
505 5TH STREET UNIT B, PALISADES PARK, NJ 07650

Signing Officer

Name
Priya Israni
Title
President
Phone
2012812279
Signed
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Priya Israni
Formed
2010
Legal Domicile
Nj
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
14

Preparer

Firm
Sax Llp
Address
1040 AVENUE OF THE AMERICAS 16TH, FLOOR, NEW YORK, NY 10018
Preparer
Mike Schall
Phone
2122682804
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Independent contractors: program service expenses 50,590. Management and general expenses 0. Fundraising expenses 0. Total expenses 50,590.

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0172737
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01396232
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt07677
IRS990ScheduleA/OtherIncome170Grp/TotalAmt07677
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.94940
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01332832
IRS990ScheduleA/SubstantialContributorsTotAmt063400
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0691180
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0487762
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt026556
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt017997
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0172737
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01396232
IRS990ScheduleA/TotalSupportAmt01403909
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/ScheduleBRequiredInd01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0114718
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0INDIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANT
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0114718
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0GRANT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0INDIA
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt0114718
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt0114718
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COMMITTES REPORTED TO GOVERNING BODY FOR ACTION, IF ANY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 WAS EMAILED TO ALL THE MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S 990 WILL BE AVAILABLE ON ITS OWN WEBSITE AND GUIDSTAR, AND UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INDEPENDENT CONTRACTORS: PROGRAM SERVICE EXPENSES 50,590. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 50,590.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0429292
IRS990/TotalAssetsEOYAmt0838476
IRS990/TotalAssetsGrp/BOYAmt0429292
IRS990/TotalAssetsGrp/EOYAmt0838476
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0691180
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt090625
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04878
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0194170
IRS990/TotalFunctionalExpensesGrp/TotalAmt0289673
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0429292
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0838476
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0194170
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt07677
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0698857
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt014
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0429292
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0838476
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0505 5TH STREET UNIT B
IRS990/USAddress/CityNm0PALISADES PARK
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd007650
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0WWW.TAARA.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PRIYA ISRANI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02012812279
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TAARA INC
ReturnHeader/Filer/BusinessNameControlTxt0TAAR
ReturnHeader/Filer/EIN0455065373
ReturnHeader/Filer/PhoneNum02012812279
ReturnHeader/Filer/USAddress/AddressLine1Txt0505 5TH STREET UNIT B
ReturnHeader/Filer/USAddress/CityNm0PALISADES PARK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007650
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0812950760
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SAX LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01040 AVENUE OF THE AMERICAS 16TH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt0FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010018
ReturnHeader/PreparerPersonGrp/PhoneNum02122682804
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MIKE SCHALL
ReturnHeader/ReturnTs02024-11-15T09:00:25-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31

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