Civic Intelligence

Bhagat Charitable Foundation Inc.

990EZ • Fiscal year 2024 • EIN 56-2505342

Jan 01, 2024 to Dec 31, 2024 • Filed on May 07, 2025

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 2024

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2024

Net Margin

94th percentile

88%

Higher net margin than 94% of similar nonprofits.

2024 filings • NTEE T30 • <$500k nonprofits • Source year 2024

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.

2024 filings • NTEE T30 • <$500k nonprofits • Source year 2024

Asset Growth

52nd percentile

2.0%

Faster asset growth than 52% of similar nonprofits.

2024 filings • NTEE T30 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

6th percentile

-84%

Faster revenue growth than 6% of similar nonprofits.

2024 filings • NTEE T30 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$73,514

Up $1,453 (+2.0%) from 2023

Net Assets

$73,514

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin94th percentile

Revenue

Down

$1,653

Down $8,607 (-84%) from 2023

Expenses

Down

$200

Down $2,510 (-93%) from 2023

Net Income

Down

$1,453

Down $6,097 (-81%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth52nd 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: $72,061Liabilities 2023: $02023Assets 2024: $73,514Net Assets 2024: $73,5142024

Highlighted filing

2024

Assets$73,514
Liabilities-
Net Assets$73,514
Open 2024 Filing

Operations Trend

Revenue Growth6th percentile

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 2024: $1,653Expenses 2024: $200Net Income 2024: $1,4532024

Highlighted filing

2024

Revenue$1,653
Expenses$200
Net Income$1,453
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 7, 2025
Return Version
2024v5.1
Gross Receipts
$1,653
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--
ACHEEV 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
2025-05-07
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

No Charitable Events Happened in 2024

“No donations made due to the death of a trustee”

Raw XML Appendix105 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/BOYAmt072061
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt073514
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01453
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0200
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt072061
IRS990EZ/Form990TotalAssetsGrp/EOYAmt073514
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt01653
IRS990EZ/InvestmentIncomeAmt01653
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt072061
IRS990EZ/NetAssetsOrFundBalancesEOYAmt073514
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt072061
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt073514
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/PersonNm1ACHEEV 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/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0200
IRS990EZ/TotalRevenueAmt01653
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0NA
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04179
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0526
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02477
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07182
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt07182
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04179
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0526
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02477
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07182
IRS990ScheduleA/TotalSupportAmt07182
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO DONATIONS MADE DUE TO THE DEATH OF A TRUSTEE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0NO CHARITABLE EVENTS HAPPENED IN 2024
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0PURVI BHAGAT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum08484595500
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-07
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/PreparationDt02025-05-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Vaishnavi Ramakrishnan
ReturnHeader/ReturnTs02025-05-07T23:45:07Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$73,514
Liabilities
-
Net assets
$73,514
Revenue
$1,653
Expenses
$200
Net income
$1,453
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$73.5$73.5$1.65$0.20$1.45
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