Civic Intelligence

Bhagat Charitable Foundation Inc.

990EZ • Fiscal year 2023 • EIN 56-2505342

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 14, 2024

Organization ProfileNA
53 Reynolds StreetIselin, NJ 08830

(848) 459-5500

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

90th percentile

74%

Higher net margin than 90% of similar nonprofits.

2023 filings • NTEE T30 • <$500k nonprofits • Source year 2023

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

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

2023 filings • NTEE T30 • <$500k nonprofits • Source year 2023

Asset Growth

62nd percentile

12%

Faster asset growth than 62% of similar nonprofits.

2023 filings • NTEE T30 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Flat

$72,061

Flat from 2023

Net Assets

$72,061

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin90th percentile

Revenue

Flat

$10,260

Flat from 2023

Expenses

Flat

$2,710

Flat from 2023

Net Income

Flat

$7,550

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth62nd percentile

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

$100K$50K$0Assets 2011: $8,614Net Assets 2011: $8,6142011Assets 2012: $6,833Net Assets 2012: $6,8332012Assets 2013: $6,330Liabilities 2013: $02013Assets 2014: $13,678Liabilities 2014: $02014Assets 2015: $70,082Liabilities 2015: $02015Assets 2016: $75,531Net Assets 2016: $75,5312016Assets 2017: $80,574Liabilities 2017: $02017Assets 2018: $79,922Liabilities 2018: $02018Assets 2019: $78,421Net Assets 2019: $78,4222019Assets 2020: $79,148Liabilities 2020: $02020Assets 2021: $79,588Net Assets 2021: $79,5882021Assets 2022: $64,511Liabilities 2022: $02022Assets 2023: $72,061Net Assets 2023: $72,0612023Assets 2023: $72,061Liabilities 2023: $02023Assets 2024: $73,514Net Assets 2024: $73,5142024

Highlighted filing

2023

Assets$72,061
Liabilities-
Net Assets$72,061
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$60K$40K$20K$0-$20KRevenue 2011: $2,500Expenses 2011: $15,200Net Income 2011: -$12,7002011Revenue 2012: $4,500Expenses 2012: $6,281Net Income 2012: -$1,7812012Revenue 2013: $0Expenses 2013: $503Net Income 2013: -$5032013Revenue 2014: $10,101Expenses 2014: $2,753Net Income 2014: $7,3482014Revenue 2015: $58,601Expenses 2015: $2,197Net Income 2015: $56,4042015Revenue 2016: $10,351Expenses 2016: $4,902Net Income 2016: $5,4492016Revenue 2017: $6,500Expenses 2017: $1,457Net Income 2017: $5,0432017Revenue 2018: $3,005Expenses 2018: $3,657Net Income 2018: -$6522018Expenses 2019: $1,5002019Revenue 2020: $2,477Expenses 2020: $1,750Net Income 2020: $7272020Revenue 2021: $590Expenses 2021: $150Net Income 2021: $4402021Revenue 2022: -$12,849Expenses 2022: $2,228Net Income 2022: -$15,0772022Revenue 2023: $10,260Expenses 2023: $2,710Net Income 2023: $7,5502023Revenue 2023: $10,260Expenses 2023: $2,710Net Income 2023: $7,5502023Revenue 2024: $1,653Expenses 2024: $200Net Income 2024: $1,4532024

Highlighted filing

2023

Revenue$10,260
Expenses$2,710
Net Income$7,550
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 14, 2024
Return Version
2023v5.1
Gross Receipts
$69,760
Mission and Program Overview

Mission

AIDED IN MEDICAL HELP

Help newly developing countries and local communities in the areas of education medical facilities literature and art

Program Services

DescriptionGrantsExpenses
BOOKS FOR EDUCATIONAL PURPOSE FOR NEEDY CHILDREN--
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RAJESH BHAGATTrustee-$0--
RENUKA BHAGATTrustee-$0--
PURVI BHAGATTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Bhagat Charitable Foundation
EIN
56-2505342
Phone
8484595500
Address
53 REYNOLDS STREET, ISELIN, NJ 08830

Signing Officer

Name
Purvi Bhagat
Title
Trustee
Phone
8484595500
Signed
2024-10-14
Discuss with paid preparer
No

Preparer

Firm
Hrb Tax Group Inc
Address
1301 MAIN ST STE 101B, KANSAS CITY, MO 64105
Preparer
Vaishnavi Ramakrishnan
Phone
8004725625
Supplemental Narrative

Additional Explanations

International Gujarati Cultural Society of Austin

“1200”

Indo American Senior Citizens of Austin

“800”

United Christian Church

“260”

Raw XML Appendix115 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/PersonNm0RAJESH BHAGAT
IRS990EZ/BooksInCareOfDetail/PhoneNum08584595500
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt053 REYNOLDS STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Iselin
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd008830
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt064511
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt072061
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt04179
IRS990EZ/CostOrOtherBasisExpenseSaleAmt059500
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt07550
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0200
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt064511
IRS990EZ/Form990TotalAssetsGrp/EOYAmt072061
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt04463
IRS990EZ/GrantsAndSimilarAmountsPaidAmt02260
IRS990EZ/GrossReceiptsAmt069760
IRS990EZ/InvestmentIncomeAmt01618
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt064511
IRS990EZ/NetAssetsOrFundBalancesEOYAmt072061
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt064511
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt072061
IRS990EZ/OccupancyRentUtltsAndMaintAmt0250
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RAJESH BHAGAT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RENUKA BHAGAT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PURVI BHAGAT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TRUSTEE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0HELP NEWLY DEVELOPING COUNTRIES AND LOCAL COMMUNITIES IN THE AREAS OF EDUCATION MEDICAL FACILITIES LITERATURE AND ART
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BOOKS FOR EDUCATIONAL PURPOSE FOR NEEDY CHILDREN
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SaleOfAssetsGrossAmt063963
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt02710
IRS990EZ/TotalRevenueAmt010260
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0NA
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04179
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0526
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02477
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07182
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt07182
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04179
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0526
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02477
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07182
IRS990ScheduleA/TotalSupportAmt07182
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt01200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1800
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2260
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0INTERNATIONAL GUJARATI CULTURAL SOCIETY OF AUSTIN
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1INDO AMERICAN SENIOR CITIZENS OF AUSTIN
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2UNITED CHRISTIAN CHURCH
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0PURVI BHAGAT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum08484595500
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BHAGAT CHARITABLE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BHAG
ReturnHeader/Filer/EIN0562505342
ReturnHeader/Filer/PhoneNum08484595500
ReturnHeader/Filer/USAddress/AddressLine1Txt053 REYNOLDS STREET
ReturnHeader/Filer/USAddress/CityNm0ISELIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008830
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0431871840
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HRB TAX GROUP INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01301 MAIN ST STE 101B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KANSAS CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd064105
ReturnHeader/PreparerPersonGrp/PhoneNum08004725625
ReturnHeader/PreparerPersonGrp/PreparationDt02024-10-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Vaishnavi Ramakrishnan
ReturnHeader/ReturnTs02024-10-29T20:02:17Z
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
$72,061
Liabilities
-
Net assets
$72,061
Revenue
$10,260
Expenses
$2,710
Net income
$7,550
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$73.5$73.5$1.65$0.20$1.45
2023Detailed filing. Detailed filing data is available for this year.$72.1$72.1$10.3$2.71$7.55
2023Summary only. Only limited summary data is available for this year.$72.1$0.00$10.3$2.71$7.55
2022Summary only. Only limited summary data is available for this year.$64.5$0.00$12.8$2.23$15.1
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$79.6$79.6$0.59$0.15$0.44
2020Summary only. Only limited summary data is available for this year.$79.1$0.00$2.48$1.75$0.73
2019Detailed filing. Detailed filing data is available for this year.$78.4$78.4$1.50
2018Summary only. Only limited summary data is available for this year.$79.9$0.00$3.01$3.66$0.65
2017Summary only. Only limited summary data is available for this year.$80.6$0.00$6.50$1.46$5.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$75.5$75.5$10.4$4.90$5.45
2015Summary only. Only limited summary data is available for this year.$70.1$0.00$58.6$2.20$56.4
2014Summary only. Only limited summary data is available for this year.$13.7$0.00$10.1$2.75$7.35
2013Summary only. Only limited summary data is available for this year.$6.33$0.00$0.00$0.50$0.50
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.83$6.83$4.50$6.28$1.78
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.61$8.61$2.50$15.2$12.7