Civic Intelligence

Dfw Gujarati Samaj Inc.

990 • Fiscal year 2018 • EIN 75-2407430

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 25, 2019

3320 Therondunn DrPlano, TX 75023

(972) 596-3299

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

27th percentile

0.00x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

97th percentile

83%

Higher net margin than 97% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

67th percentile

9.1%

Faster asset growth than 67% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

97th percentile

224%

Faster revenue growth than 97% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$894,440

Up $74,524 (+9.1%) from 2017

Net Assets

Up

$894,440

Up $74,525 (+9.1%) from 2017

Liabilities

Down

$0

Down $1 (-100%) from 2017

Revenue

Up

$89,531

Up $61,921 (+224%) from 2017

Expenses

Up

$15,006

Up $99 (+0.7%) from 2017

Net Income

Up

$74,525

Up $61,822 (+487%) from 2017

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 2011: $604,933Liabilities 2011: $0Net Assets 2011: $604,9332011Assets 2012: $627,904Liabilities 2012: $3Net Assets 2012: $627,9012012Assets 2013: $671,189Liabilities 2013: $0Net Assets 2013: $671,1892013Assets 2014: $694,943Liabilities 2014: $0Net Assets 2014: $694,9432014Assets 2015: $797,903Liabilities 2015: $0Net Assets 2015: $797,9032015Assets 2016: $807,213Liabilities 2016: $1Net Assets 2016: $807,2122016Assets 2017: $819,916Liabilities 2017: $1Net Assets 2017: $819,9152017Assets 2018: $894,440Liabilities 2018: $0Net Assets 2018: $894,4402018Assets 2019: $928,419Liabilities 2019: $0Net Assets 2019: $928,4192019Assets 2020: $853,935Liabilities 2020: $0Net Assets 2020: $853,9352020Assets 2021: $887,022Liabilities 2021: $0Net Assets 2021: $887,0222021Assets 2022: $871,110Liabilities 2022: $0Net Assets 2022: $871,1102022Assets 2023: $963,499Liabilities 2023: $0Net Assets 2023: $963,4992023Assets 2024: $1,161,829Liabilities 2024: $6,980Net Assets 2024: $1,154,8492024

Highlighted filing

2018

Assets$894,440
Liabilities$0
Net Assets$894,440

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $51,441Expenses 2011: $19,995Net Income 2011: $31,4462011Revenue 2012: $54,823Expenses 2012: $31,855Net Income 2012: $22,9682012Revenue 2013: $67,435Expenses 2013: $24,147Net Income 2013: $43,2882013Revenue 2014: $79,023Expenses 2014: $55,269Net Income 2014: $23,7542014Revenue 2015: $134,039Expenses 2015: $31,079Net Income 2015: $102,9602015Revenue 2016: $30,848Expenses 2016: $21,539Net Income 2016: $9,3092016Revenue 2017: $27,610Expenses 2017: $14,907Net Income 2017: $12,7032017Revenue 2018: $89,531Expenses 2018: $15,006Net Income 2018: $74,5252018Revenue 2019: $48,540Expenses 2019: $14,561Net Income 2019: $33,9792019Revenue 2020: $3,727Expenses 2020: $78,211Net Income 2020: -$74,4842020Revenue 2021: $80,054Expenses 2021: $46,967Net Income 2021: $33,0872021Revenue 2022: $26,471Expenses 2022: $42,383Net Income 2022: -$15,9122022Revenue 2023: $17,440Expenses 2023: $48,854Net Income 2023: -$31,4142023Revenue 2024: $217,006Expenses 2024: $25,656Net Income 2024: $191,3502024

Highlighted filing

2018

Revenue$89,531
Expenses$15,006
Net Income$74,525
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 25, 2019
Return Version
2018v3.1
Gross Receipts
$258,485
Mission and Program Overview

Mission

The exempt purpose of the organization is to promote religion, cultural andeducational awareness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$818,699$893,524▲ $74,825
Land, Buildings, and Equipment, Net$1,217$915▼ $302
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$819,916$894,440▲ $74,524
Other Assets Total-$1-
Liabilities
Other Liabilities$1--
Total Liabilities$1$0▼ $1
Net Assets / Fund Balance
Unrestricted Net Assets$379,710$454,235▲ $74,525
Temporarily Rstr Net Assets$440,205$440,205→ $0
Total Net Assets Fund Balance$819,915$894,440▲ $74,525
Total Liabilities and Net Assets / Fund Balance$819,916$894,440▲ $74,524

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$915$5,031$5,946
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sandip PatelPresident
Saunak DesaiVice President
Sudhir ParikhChief Trustee
Dr Kiranbhai ParekhTrustee
Dr Nishendubhai VasavadaTrustee
Kanjibhai BadhiwalaTrustee
Ramanbhai PatelTrustee
Amit PatelJoint Treasurer
Jigish ShahSecretary
Naresh ChokshiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$57,560
Program Service Revenue
$0
Investment Income
$8,451
Other Revenue
$23,520
All Other Contributions
$51,500
Change in Net Assets
$74,525
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$15,006
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy-$9,600-$9,600
Insurance-$1,811-$1,811
Advertising-$782-$782
Office Expenses-$627-$627
Depreciation Depletion-$302-$302
Other Expenses-$179-$179
Total Functional Expenses$0$15,006$0$15,006
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$192,474
Fundraising Direct Expenses$168,954
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Garbas/Navratri$117,311$117,311$8,507$108,804
Diwali Dinner$43,815$43,815$3,013$40,802
Total Events$192,474$192,474$166,081$26,393
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Dfw Gujarati Samaj Inc
EIN
75-2407430
Phone
9725963299
Address
3320 Therondunn Dr, Plano, TX 75023

Signing Officer

Name
Sandip Patel
Title
President
Signed
2019-11-25

Organization Details

Formed
1991
Legal Domicile
TX
Voting Board Members
10
Independent Board Members
0
Employees
0
Volunteers
80
Supplemental Narrative

Additional Explanations

Client Note 1

Client Note 1 - D/FW GUJARATI SAMAJ, INC. 777 S. CENTRAL EXPWY., SUITE 7C RICHARDSON, TX 75080 STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS Calendar Year 2018NAME NO. OF PEOPLE Fees/Donations EXPENSESOF EVENT BENEFITED RECEIVED GARBA (3) 8000 117,311 76,261Drama(2) 500 22,468 28,937DIWALI 500 43,815 42,558 Ponk 600 8,880 18,325Gurjari Magazine 500 2,873 THE PURPOSE OF THESE ACTIVITIES IS TO PROMOTE REGIONAL CULTURAL ANDEDUCATIONAL AWARENESS. WE WERE VERY SUCCESSFUL IN ACHIEVING OUR GOALSAND OBJECTIVES BASED ON ATTENDANCE AT THE EVENTS.

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IRS990/PYTotalExpensesAmt014907
IRS990/PYTotalRevenueAmt027610
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt074525
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IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt044430
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt030577
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt054095
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt050816
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0238978
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt08451
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt05691
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt04887
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0102
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt084
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt019215
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt08451
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt05691
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt04887
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0102
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt084
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt019215
IRS990ScheduleA/InvestmentIncomeCYPct00.07440
IRS990ScheduleA/InvestmentIncomePYPct00.04560
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.92560
IRS990ScheduleA/PublicSupportPY509Pct00.95440
IRS990ScheduleA/PublicSupportTotal509Amt0238978
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt059060
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt044430
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt030577
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt054095
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt050816
IRS990ScheduleA/Total509Grp/TotalAmt0238978
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt067511
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt050121
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt035464
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt054197
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt050900
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0258193
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0915
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05031
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05946
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0915
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0166081
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt028033
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt07358
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentOtherEventsAmt019462
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt054853
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Garbas/Navratri
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0DIWALI DINNER
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IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt016613
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt09902
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt035364
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0117311
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt043815
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt031348
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0192474
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0117311
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IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt014358
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt08507
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt03013
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt030872
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt015574
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsOtherEventsAmt015060
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt061506
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Client Note 1 - D/FW GUJARATI SAMAJ, INC. 777 S. CENTRAL EXPWY., SUITE 7C RICHARDSON, TX 75080 STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS Calendar Year 2018NAME NO. OF PEOPLE Fees/Donations EXPENSESOF EVENT BENEFITED RECEIVED GARBA (3) 8000 117,311 76,261Drama(2) 500 22,468 28,937DIWALI 500 43,815 42,558 Ponk 600 8,880 18,325Gurjari Magazine 500 2,873 THE PURPOSE OF THESE ACTIVITIES IS TO PROMOTE REGIONAL CULTURAL ANDEDUCATIONAL AWARENESS. WE WERE VERY SUCCESSFUL IN ACHIEVING OUR GOALSAND OBJECTIVES BASED ON ATTENDANCE AT THE EVENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Client Note 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0440205

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.16$0.01$1.15$0.22$0.03$0.19
2023Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$0.02$0.05$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$0.03$0.04$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.89$0.08$0.05$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$0.00$0.08$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$0.05$0.01$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.89$0.09$0.02$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.03$0.01$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$0.03$0.02$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.13$0.03$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$0.08$0.06$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$0.07$0.02$0.04
2012Summary only. Only limited summary data is available for this year.$0.63$0.00$0.63$0.05$0.03$0.02
2011Summary only. Only limited summary data is available for this year.$0.60$0.00$0.60$0.05$0.02$0.03