Civic Intelligence

Indo-American Association

990 • Fiscal year 2013 • EIN 76-0409339

Jan 01, 2013 to Dec 31, 2013 • Filed on May 19, 2014

2402 Pine Drive77546

(281) 648-0422

Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

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

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

14th percentile

0.00x

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

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

34th percentile

-1.9%

Higher net margin than 34% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

55th percentile

$60,000

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 14.9% of source-year revenue.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

35th percentile

-1.4%

Faster asset growth than 35% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

88th percentile

54%

Faster revenue growth than 88% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2013

Assets

Down

$546,925

Down $7,682 (-1.4%) from 2012

Net Assets

Down

$546,925

Down $7,682 (-1.4%) from 2012

Liabilities

Flat

$0

Flat from 2012

Revenue

$403,821

No earlier filing loaded for comparison.

Expenses

Up

$411,505

Up $6,413 (+1.6%) from 2012

Net Income

-$7,684

No earlier filing loaded for comparison.

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 2010: $541,481Liabilities 2010: $0Net Assets 2010: $541,4812010Assets 2011: $499,435Liabilities 2011: $1,000Net Assets 2011: $498,4352011Assets 2012: $554,607Liabilities 2012: $0Net Assets 2012: $554,6072012Assets 2013: $546,925Liabilities 2013: $0Net Assets 2013: $546,9252013Assets 2014: $554,132Liabilities 2014: $0Net Assets 2014: $554,1322014Assets 2015: $617,386Liabilities 2015: $0Net Assets 2015: $617,3862015Assets 2016: $681,746Liabilities 2016: $0Net Assets 2016: $681,7462016Assets 2017: $655,673Liabilities 2017: $7,728Net Assets 2017: $647,9452017Assets 2018: $675,533Liabilities 2018: $10,416Net Assets 2018: $665,1172018Assets 2019: $734,334Liabilities 2019: $8,940Net Assets 2019: $725,3942019Assets 2020: $708,264Liabilities 2020: $8,146Net Assets 2020: $700,1182020Assets 2021: $669,418Liabilities 2021: $0Net Assets 2021: $669,4182021Assets 2022: $934,986Liabilities 2022: $671Net Assets 2022: $934,3152022Assets 2023: $921,797Liabilities 2023: $671Net Assets 2023: $921,1262023Assets 2024: $1,063,278Liabilities 2024: $671Net Assets 2024: $1,062,6072024

Highlighted filing

2013

Assets$546,925
Liabilities$0
Net Assets$546,925

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $368,6662010Revenue 2011: $170,055Expenses 2011: $230,597Net Income 2011: -$60,5422011Expenses 2012: $405,0922012Revenue 2013: $403,821Expenses 2013: $411,505Net Income 2013: -$7,6842013Revenue 2014: $302,598Expenses 2014: $295,391Net Income 2014: $7,2072014Revenue 2015: $340,695Expenses 2015: $277,442Net Income 2015: $63,2532015Revenue 2016: $361,874Expenses 2016: $297,514Net Income 2016: $64,3602016Revenue 2017: $281,914Expenses 2017: $315,716Net Income 2017: -$33,8022017Revenue 2018: $316,969Expenses 2018: $301,931Net Income 2018: $15,0382018Revenue 2019: $417,372Expenses 2019: $397,868Net Income 2019: $19,5042019Revenue 2020: $114,329Expenses 2020: $139,605Net Income 2020: -$25,2762020Revenue 2021: $109,232Expenses 2021: $139,932Net Income 2021: -$30,7002021Revenue 2022: $644,376Expenses 2022: $387,499Net Income 2022: $256,8772022Revenue 2023: $419,185Expenses 2023: $456,367Net Income 2023: -$37,1822023Revenue 2024: $613,123Expenses 2024: $487,014Net Income 2024: $126,1092024

Highlighted filing

2013

Revenue$403,821
Expenses$411,505
Net Income-$7,684
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 19, 2014
Return Version
2013v3.1
Gross Receipts
$2,032,346
Mission and Program Overview

Mission

The organization's mission is to promote the cultural arts of india subcontinent in the american context.

The organization's mission is to promote the cultural arts of india in the american context.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$554,607$546,925▼ $7,682
Cash and Non-Interest-Bearing Accounts$171,391$545,534▲ $374,143
Investments in Publicly Traded Securities$213,749--
Savings and Temporary Cash Investments$167,615--
Land, Buildings, and Equipment, Net$852$391▼ $461
Total Assets$554,607$546,925▼ $7,682
Other Assets Total$1,000$1,000→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$554,607$546,925▼ $7,682
Total Liabilities and Net Assets / Fund Balance$554,607$546,925▼ $7,682

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$391$6,022-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Hari DayalExecutive DirectorFT$60,000$60,000

Board Members and Trustees

NameTitle
Jayati BanarjeeChairman
Anand GuptaDirector
Anjali ArjunaniDirector
Dr Srinivas NikamDirector
Mitra PanchalDirector
Somdutt BehuraDirector
Tej GanjuDirector
Jb DayTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$195,482
Program Service Revenue
$164,825
Investment Income
$33,013
Other Revenue
$10,501
All Other Contributions
$112,817
Change in Net Assets
$-7,684
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$351,505
Salaries, Compensation, and Employee Benefits$60,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$289,136$5,085$0$294,221
Current Officers, Directors, Trustees, and Key Employees$0$60,000$0$60,000
Advertising$19,889$0$0$19,889
Other Expenses$0$5,051$0$5,051
Office Expenses$0$2,531$0$2,531
Insurance$0$2,287$0$2,287
Fees for Services Accounting$0$1,050$0$1,050
Travel$0$813$0$813
Depreciation Depletion$0$371$0$371
Fees for Services Legal$0$75$0$75
Total Functional Expenses$334,107$77,398$0$411,505
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
Backup withholding compliance
Yes
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
Filing and Contact Details

Filer

EIN
76-0409339
Phone
2816480422

Signing Officer

Name
Vinay Panchal
Title
Treasurer
Phone
2816480422
Signed
2014-05-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vinay Panchal
Formed
1993
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Preparer
Anjali Arjunani
Phone
7135529499
Supplemental Narrative

Additional Explanations

Pt VI, Line 19

Indo American Association makes the governing documents

Pt VI, Line 19

available to the public on a need or right to know case

Pt VI, Line 19

(via a written request to the IAA president) at the President's

Pt VI, Line 19

or another Officer's place of work as a hard copy document

Pt VI, Line 19

for reference. These documents are furnished to Civic

Pt VI, Line 19

Organizations and Foundations for Grant review purposes

Pt VI, Line 19

in writing.

Pt VI, Line 11B

A draft copy is emailed by the CPA to the director

Pt VI, Line 11B

and accordingly reviewed and distributed.

Form 990, Part IX, Line 24F

Artist fees 187607. 187607. 0. 0. Hospitality 7193. 7193. 0. 0. Transportation for artists 31182. 31182. 0. 0. Facility rents, parking, etc. 21915. 21915. 0. 0. Stage hands 18439. 18439. 0. 0. Security 1050. 1050. 0. 0. Surcharges 4273. 4273. 0. 0. Ushers 9576. 9576. 0. 0. Visa petition expenses 5700. 5700. 0. 0. Postage 689. 689. 0. 0. Printing/copying 1220. 1220. 0. 0. Supplies 292. 292. 0. 0. Telephone costs 1186. 0. 1186. 0. Website development 3809. 0. 3809. 0. Prior year depreciation adjus

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt079025
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0109200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0577807
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt033013
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt022644
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt07230
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt062887
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0164825
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0244008
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt083800
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0492633
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt033013
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt022644
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt07230
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt062887
IRS990ScheduleA/InvestmentIncomeCYPct00.05550
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.94450
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt01070440
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0360307
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0438108
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0162825
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0109200
IRS990ScheduleA/Total509Grp/TotalAmt01070440
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01133327
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0391
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06022
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt06413
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0391
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Indo American Association makes the governing documents
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1available to the public on a need or right to know case
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2(via a written request to the IAA president) at the President's
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3or another Officer's place of work as a hard copy document
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4for reference. These documents are furnished to Civic
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Organizations and Foundations for Grant review purposes
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6in writing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7A draft copy is emailed by the CPA to the director
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8and accordingly reviewed and distributed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9ARTIST FEES 187607. 187607. 0. 0. HOSPITALITY 7193. 7193. 0. 0. TRANSPORTATION FOR ARTISTS 31182. 31182. 0. 0. FACILITY RENTS, PARKING, ETC. 21915. 21915. 0. 0. STAGE HANDS 18439. 18439. 0. 0. SECURITY 1050. 1050. 0. 0. SURCHARGES 4273. 4273. 0. 0. USHERS 9576. 9576. 0. 0. VISA PETITION EXPENSES 5700. 5700. 0. 0. POSTAGE 689. 689. 0. 0. PRINTING/COPYING 1220. 1220. 0. 0. SUPPLIES 292. 292. 0. 0. TELEPHONE COSTS 1186. 0. 1186. 0. WEBSITE DEVELOPMENT 3809. 0. 3809. 0. PRIOR YEAR DEPRECIATION ADJUS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24f
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0554607
IRS990/TotalAssetsEOYAmt0546925
IRS990/TotalAssetsGrp/BOYAmt0554607
IRS990/TotalAssetsGrp/EOYAmt0546925
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0195482
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt077398
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0334107
IRS990/TotalFunctionalExpensesGrp/TotalAmt0411505
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0554607
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0546925
IRS990/TotalProgramServiceExpensesAmt0334107
IRS990/TotalProgramServiceRevenueAmt0164825
IRS990/TotalReportableCompFromOrgAmt060000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0208339
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0403821
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0554607
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0546925
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0813
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt0813
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine102402 PINE DRIVE
IRS990/USAddress/City0FRIENDSWOOD
IRS990/USAddress/State0TX
IRS990/USAddress/ZIPCode077546
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.IAAHOUSTON.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0VINAY PANCHAL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02816480422
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-05-19
ReturnHeader/Filer/BusinessName/BusinessNameLine10INDO-AMERICAN ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0INDO
ReturnHeader/Filer/EIN0760409339
ReturnHeader/Filer/PhoneNum02816480422
ReturnHeader/Filer/USAddress/AddressLine102402 PINE DRIVE
ReturnHeader/Filer/USAddress/City0FRIENDSWOOD
ReturnHeader/Filer/USAddress/State0TX
ReturnHeader/Filer/USAddress/ZIPCode077546
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10ARJUNANI HASAN & COMPANY PC CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine103050 POST OAK BLVD SUITE 550
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0HOUSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode077056
ReturnHeader/PreparerPersonGrp/PhoneNum07135529499
ReturnHeader/PreparerPersonGrp/PreparationDt02014-05-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANJALI ARJUNANI
ReturnHeader/ReturnTs02014-05-21T12:54:27-07:00
ReturnHeader/ReturnTypeCd0990

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$0.61$0.49$0.13
2023Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$0.42$0.46$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$0.64$0.39$0.26
2021Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$0.11$0.14$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.71$0.01$0.70$0.11$0.14$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.73$0.01$0.73$0.42$0.40$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.68$0.01$0.67$0.32$0.30$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.66$0.01$0.65$0.28$0.32$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.36$0.30$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$0.34$0.28$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$0.30$0.30$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$0.40$0.41$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.00$0.55$0.41
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.00$0.50$0.17$0.23$0.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.00$0.54$0.37