Civic Intelligence

Iitkgp Foundation

990 • Fiscal year 2019 • EIN 47-0747227

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 09, 2020

Organization ProfileWWW.IITKGPFOUNDATION.ORG
11218 John Galt Blvd No 201Omaha, NE 68137

(402) 403-4982

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

15th percentile

0.00x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

85th percentile

33%

Higher net margin than 85% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

90th percentile

44%

Faster asset growth than 90% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

86th percentile

43%

Faster revenue growth than 86% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets15th percentile

Assets

Up

$1,772,775

Up $543,612 (+44%) from 2018

Net Assets

Up

$1,772,775

Up $543,612 (+44%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue15th percentileNet Margin85th percentile

Revenue

Up

$1,160,364

Up $347,703 (+43%) from 2018

Expenses

Up

$775,433

Up $88,217 (+13%) from 2018

Net Income

Up

$384,931

Up $259,486 (+207%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth90th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $614,867Liabilities 2011: $0Net Assets 2011: $614,8672011Assets 2012: $604,043Liabilities 2012: $0Net Assets 2012: $604,0432012Assets 2013: $801,217Liabilities 2013: $0Net Assets 2013: $801,2172013Assets 2014: $1,280,993Liabilities 2014: $0Net Assets 2014: $1,280,9932014Assets 2015: $1,474,755Liabilities 2015: $0Net Assets 2015: $1,474,7552015Assets 2016: $1,016,960Liabilities 2016: $0Net Assets 2016: $1,016,9602016Assets 2017: $1,180,804Liabilities 2017: $0Net Assets 2017: $1,180,8042017Assets 2018: $1,229,163Liabilities 2018: $0Net Assets 2018: $1,229,1632018Assets 2019: $1,772,775Liabilities 2019: $0Net Assets 2019: $1,772,7752019Assets 2020: $1,603,566Liabilities 2020: $0Net Assets 2020: $1,603,5662020Assets 2021: $2,505,378Liabilities 2021: $0Net Assets 2021: $2,505,3782021Assets 2022: $2,975,671Liabilities 2022: $0Net Assets 2022: $2,975,6712022Assets 2023: $3,025,893Liabilities 2023: $0Net Assets 2023: $3,025,8932023Assets 2024: $3,367,827Liabilities 2024: $0Net Assets 2024: $3,367,8272024

Highlighted filing

2019

Assets$1,772,775
Liabilities$0
Net Assets$1,772,775
Open 2019 Filing

Operations Trend

Revenue Growth86th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,453,425Expenses 2011: $1,579,647Net Income 2011: -$126,2222011Revenue 2012: $217,113Expenses 2012: $238,781Net Income 2012: -$21,6682012Revenue 2013: $399,731Expenses 2013: $201,433Net Income 2013: $198,2982013Revenue 2014: $756,804Expenses 2014: $278,156Net Income 2014: $478,6482014Revenue 2015: $724,027Expenses 2015: $508,450Net Income 2015: $215,5772015Revenue 2016: $614,208Expenses 2016: $1,072,003Net Income 2016: -$457,7952016Revenue 2017: $629,799Expenses 2017: $625,618Net Income 2017: $4,1812017Revenue 2018: $812,661Expenses 2018: $687,216Net Income 2018: $125,4452018Revenue 2019: $1,160,364Expenses 2019: $775,433Net Income 2019: $384,9312019Revenue 2020: $946,954Expenses 2020: $1,104,650Net Income 2020: -$157,6962020Revenue 2021: $1,432,256Expenses 2021: $878,504Net Income 2021: $553,7522021Revenue 2022: $2,650,060Expenses 2022: $1,538,804Net Income 2022: $1,111,2562022Revenue 2023: $861,114Expenses 2023: $883,859Net Income 2023: -$22,7452023Revenue 2024: $602,020Expenses 2024: $819,146Net Income 2024: -$217,1262024

Highlighted filing

2019

Revenue$1,160,364
Expenses$775,433
Net Income$384,931
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 9, 2020
Return Version
2019v5.1
Gross Receipts
$1,160,364
Mission and Program Overview

Mission

The IITKGP Foundation is a non-profit organization devoted to enhancing the capability of the Indian Institute of Technology, Kharagpur, India

The iitkgp foundation is a non-profit organization devoted to enhancing the capability of the indian institute of technology, kharagpur, india.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,064,986$1,509,813▲ $444,827
Cash and Non-Interest-Bearing Accounts$164,177$262,962▲ $98,785
Total Assets$1,229,163$1,772,775▲ $543,612
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$537,862$854,324▲ $316,462
Net Assets Without Donor Restrictions$691,301$134,825▼ $556,476
Total Net Assets Fund Balance$1,229,163$1,772,775▲ $543,612
Total Liabilities and Net Assets / Fund Balance$1,229,163$1,772,775▲ $543,612
Compensation and Service Providers
Top Officer Pay36th percentile

Board Members and Trustees

NameTitle
Ron GuptaPresident
Asoke DeysarkarVice President
Arjun MalhotraTrustee
Partha S GhoshTrustee
Praful KilkarniTrustee
Roy DasilvaTrustee
Vinod GuptoTrustee
Rakesh GuptaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,104,366
Program Service Revenue
$0
Investment Income
$36,809
Other Revenue
$19,189
All Other Contributions
$1,104,366
Change in Net Assets
$384,931
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$685,076
Salaries, Compensation, and Employee Benefits$61,948
Other Expenses$28,409
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$685,076--$685,076
Other Salaries and Wages-$61,948-$61,948
Advertising-$12,300-$12,300
Travel-$5,882-$5,882
Office Expenses-$3,429-$3,429
Fees for Services Legal-$3,200-$3,200
Other Expenses-$640-$640
Total Functional Expenses$685,076$90,357$0$775,433
International Activity

International Summary

Offices
0
Employees
0
Spending
$775,434

International Compliance

Foreign grant records maintained
Yes
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
South AsiaEnhance Iit Kharagpur Campus---$775,434
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
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

“No separate committees exist apart from the main board of directors.”

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

“Line 11b explanation - board members are provided a draft copy of form 990 in advance of filing for review.”

Form 990, Part VI, Section C, Line 19

“Documents are made avialable to the public upon reasonable request.”

Filing and Contact Details

Filer

Filer Name
Iitkgp Foundation
EIN
47-0747227
Phone
4024034982
Address
11218 JOHN GALT BLVD NO 201, OMAHA, NE 68137

Signing Officer

Name
Rakesh Gupta
Title
Treasurer
Phone
4024034982
Signed
2020-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rakesh Gupta
Formed
1991
Legal Domicile
Ne
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
15

Preparer

Firm
Lutz and Company Pc
Address
13616 CALIFORNIA ST STE 300, OMAHA, NE 68154-5336
Preparer
Peter a Froelicher
Phone
4024968800
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0SOUTH ASIA
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IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0CASH
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0ALUMNI
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
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IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0ENHANCE IIT KHARAGPUR CAMPUS
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1PART III ACCOUNTING METHOD:
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IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
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IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO SEPARATE COMMITTEES EXIST APART FROM THE MAIN BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LINE 11B EXPLANATION - BOARD MEMBERS ARE PROVIDED A DRAFT COPY OF FORM 990 IN ADVANCE OF FILING FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE MADE AVIALABLE TO THE PUBLIC UPON REASONABLE REQUEST.
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
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsGrp/BOYAmt01229163
IRS990/TotalAssetsGrp/EOYAmt01772775
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01104366
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt090357
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0685076
IRS990/TotalFunctionalExpensesGrp/TotalAmt0775433
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01229163
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IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt0495476
IRS990/TotalOtherProgSrvcGrantAmt0495476
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IRS990/TotalReportableCompFromOrgAmt00
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IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt019189
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01160364
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IRS990/TotReportableCompRltdOrgAmt00
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/VotingMembersGoverningBodyCnt08
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IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RAKESH GUPTA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04024034982
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-09
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ReturnHeader/Filer/EIN0470747227
ReturnHeader/Filer/PhoneNum04024034982
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ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId078B397678347AE93D08DC97AB580CD65D55E8C9B
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt074.51.217.130
ReturnHeader/FilingSecurityInformation/IPDt02020-11-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm011:02:42
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0470625816
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LUTZ AND COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt013616 CALIFORNIA ST STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OMAHA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0681545336
ReturnHeader/PreparerPersonGrp/PhoneNum04024968800
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PETER A FROELICHER
ReturnHeader/ReturnTs02020-11-09T12:13:49-06:00
ReturnHeader/ReturnTypeCd0990
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 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,772,775
Liabilities
$0
Net assets
$1,772,775
Revenue
$1,160,364
Expenses
$775,433
Net income
$384,931
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.37$0.00$3.37$0.60$0.82$0.22
2023Detailed filing. Detailed filing data is available for this year.$3.03$0.00$3.03$0.86$0.88$0.02
2022Detailed filing. Detailed filing data is available for this year.$2.98$0.00$2.98$2.65$1.54$1.11
2021Detailed filing. Detailed filing data is available for this year.$2.51$0.00$2.51$1.43$0.88$0.55
2020Detailed filing. Detailed filing data is available for this year.$1.60$0.00$1.60$0.95$1.10$0.16
2019Detailed filing. Detailed filing data is available for this year.$1.77$0.00$1.77$1.16$0.78$0.38
2018Detailed filing. Detailed filing data is available for this year.$1.23$0.00$1.23$0.81$0.69$0.13
2017Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$0.63$0.63$0.00
2016Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.02$0.61$1.07$0.46
2015Summary only. Only limited summary data is available for this year.$1.47$0.00$1.47$0.72$0.51$0.22
2014Summary only. Only limited summary data is available for this year.$1.28$0.00$1.28$0.76$0.28$0.48
2013Summary only. Only limited summary data is available for this year.$0.80$0.00$0.80$0.40$0.20$0.20
2012Summary only. Only limited summary data is available for this year.$0.60$0.00$0.60$0.22$0.24$0.02
2011Summary only. Only limited summary data is available for this year.$0.61$0.00$0.61$1.45$1.58$0.13