Civic Intelligence

Gurnani Foundation

990EZ • Fiscal year 2018 • EIN 47-3319698

Jan 01, 2018 to Dec 31, 2018 • Filed on May 15, 2019

Organization ProfileN/A
555 Secaucus RoadSecaucus, NJ 07094

(201) 342-7753

Siviq Scores

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

Liabilities / Assets

77th percentile

0.00x

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

2018 filings • NTEE T12 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

77th percentile

0.00x

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

2018 filings • NTEE T12 • <$500k nonprofits • Source year 2018

Net Margin

91st percentile

84%

Higher net margin than 91% of similar nonprofits.

2018 filings • NTEE T12 • <$500k nonprofits • Source year 2018

Top Officer Pay

96th percentile

$0

Higher top officer pay than 96% of similar nonprofits.

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

2018 filings • NTEE T12 • <$500k nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Balance Sheet
Liabilities / Assets77th percentile

Assets

$151,145

No earlier filing loaded for comparison.

Net Assets

$151,145

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin91st percentile

Revenue

$69,000

No earlier filing loaded for comparison.

Expenses

$11,276

No earlier filing loaded for comparison.

Net Income

$57,724

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$1.5M$1.0M$500K$0Assets 2018: $151,145Liabilities 2018: $0Net Assets 2018: $151,1452018Assets 2019: $402,249Liabilities 2019: $0Net Assets 2019: $402,2492019Assets 2020: $495,431Liabilities 2020: $0Net Assets 2020: $495,4312020Assets 2021: $805,980Liabilities 2021: $0Net Assets 2021: $805,9802021Assets 2022: $622,777Liabilities 2022: $0Net Assets 2022: $622,7772022Assets 2023: $1,156,709Liabilities 2023: $0Net Assets 2023: $1,156,7092023Assets 2024: $1,259,385Liabilities 2024: $0Net Assets 2024: $1,259,3852024

Highlighted filing

2018

Assets$151,145
Liabilities$0
Net Assets$151,145
Open 2018 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$600K$400K$200K$0-$200KRevenue 2018: $69,000Expenses 2018: $11,276Net Income 2018: $57,7242018Revenue 2019: $251,156Expenses 2019: $52Net Income 2019: $251,1042019Revenue 2020: $99,240Expenses 2020: $6,059Net Income 2020: $93,1812020Revenue 2021: $337,477Expenses 2021: $26,928Net Income 2021: $310,5492021Revenue 2022: $243,023Expenses 2022: $269,281Net Income 2022: -$26,2582022Revenue 2023: $452,901Expenses 2023: $13,014Net Income 2023: $439,8872023Revenue 2024: $312,994Expenses 2024: $262,119Net Income 2024: $50,8752024

Highlighted filing

2018

Revenue$69,000
Expenses$11,276
Net Income$57,724
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 15, 2019
Return Version
2018v3.1
Gross Receipts
$69,000
Mission and Program Overview

Mission

The foundation has been organized exclusivly for religious, charitable, scientific, educational and literary purposes, the making of distributions to organizations that qualify as exempt and provide support for needy individuals

The organization was formed to raise money to financially assist medical patients and underprivileged individuals.

Program Services

DescriptionGrantsExpenses
RAISE MONEY TO FINANCIALLY ASSIST MEDICAL PATIENTS AND UNDERPRIVILEGED INDIVIDUALS$11,250$11,276
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
VEENA ASHOK GURNANIDirector-$0--
TARAPRASAD ASHOK GURNANIDirector-$0--
JOEL PARITZTreasurer-$0--
ASHOK GURNANIPresident-$0--
Filing and Contact Details

Filer

Filer Name
Gurnani Foundation
EIN
47-3319698
Phone
2013427753
Address
555 SECAUCUS ROAD, SECAUCUS, NJ 07094

Signing Officer

Name
Ashok Gurnani
Title
President
Phone
2013427753
Signed
2019-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Prager Metis Cpas LLC
Address
401 HACKENSACK AVE 4TH FLOOR, HACKENSACK, NJ 07601
Preparer
Joel Paritz CPA
Phone
2013427753
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: grants. Grantee name: st. Patrick's day committee of j.c.. Amount given: 2,500.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: grants. Grantee name: monumental baptist church. Amount given: 2,500.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: grants. Grantee name: webb-washington cdc. Amount given: 1,250.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: grants. Grantee name: secaucus emergency fund. Amount given: 5,000. Total included on form 990-ez, line 10: 11,250.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: annual report fees. Amount: 26.”

Raw XML Appendix148 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ASHOK GURNANI
IRS990EZ/BooksInCareOfDetail/PhoneNum02013427753
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0555 SECAUCUS ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SECAUCUS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007094
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt093421
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0151145
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt069000
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt057724
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt093421
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0151145
IRS990EZ/GrantsAndSimilarAmountsPaidAmt011250
IRS990EZ/GrossReceiptsAmt069000
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt093421
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0151145
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt093421
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0151145
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0VEENA ASHOK GURNANI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TARAPRASAD ASHOK GURNANI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOEL PARITZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ASHOK GURNANI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt026
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION WAS FORMED TO RAISE MONEY TO FINANCIALLY ASSIST MEDICAL PATIENTS AND UNDERPRIVILEGED INDIVIDUALS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0RAISE MONEY TO FINANCIALLY ASSIST MEDICAL PATIENTS AND UNDERPRIVILEGED INDIVIDUALS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt011250
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt011276
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt011276
IRS990EZ/TotalProgramServiceExpensesAmt011276
IRS990EZ/TotalRevenueAmt069000
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt069000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt026000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt048528
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt028500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0172028
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0172028
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt069000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt026000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt048528
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt028500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0172028
IRS990ScheduleA/TotalSupportAmt0172028
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: GRANTS. GRANTEE NAME: ST. PATRICK'S DAY COMMITTEE OF J.C.. AMOUNT GIVEN: 2,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: GRANTS. GRANTEE NAME: MONUMENTAL BAPTIST CHURCH. AMOUNT GIVEN: 2,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: GRANTS. GRANTEE NAME: WEBB-WASHINGTON CDC. AMOUNT GIVEN: 1,250.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACTIVITY CLASSIFICATION: GRANTS. GRANTEE NAME: SECAUCUS EMERGENCY FUND. AMOUNT GIVEN: 5,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 11,250.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ANNUAL REPORT FEES. AMOUNT: 26.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ASHOK GURNANI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02013427753
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GURNANI FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0GURN
ReturnHeader/Filer/EIN0473319698
ReturnHeader/Filer/PhoneNum02013427753
ReturnHeader/Filer/USAddress/AddressLine1Txt0555 SECAUCUS ROAD
ReturnHeader/Filer/USAddress/CityNm0SECAUCUS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007094
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0B1BBCA3914CF6FE77C586560400C5622E53E9590
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.57.167.230
ReturnHeader/FilingSecurityInformation/IPDt02019-05-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm014:52:55
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061667465
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PRAGER METIS CPAS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0401 HACKENSACK AVE 4TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HACKENSACK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007601
ReturnHeader/PreparerPersonGrp/PhoneNum02013427753
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOEL PARITZ CPA
ReturnHeader/ReturnTs02019-05-15T15:46:52-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$151,145
Liabilities
$0
Net assets
$151,145
Revenue
$69,000
Expenses
$11,276
Net income
$57,724
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.26$0.00$1.26$0.31$0.26$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.00$1.16$0.45$0.01$0.44
2022Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$0.24$0.27$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.81$0.00$0.81$0.34$0.03$0.31
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.00$0.50$0.10$0.01$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.40$0.00$0.40$0.25$0.00$0.25
2018Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$0.07$0.01$0.06