Civic Intelligence

The Damodaran Foundation Inc

990EZ • Fiscal year 2020 • EIN 80-0757469

Jul 01, 2019 to Jun 30, 2020 • Filed on Jul 31, 2020

Organization ProfileWWW.DAMODARANFOUNDATION.ORG
14864 Scotchtown RoadMontpelier, VA 23192-2805

(804) 239-4274

Siviq Scores

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

Liabilities / Assets

86th percentile

0.39x

Higher debt load relative to assets than 86% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

89th percentile

0.39x

Higher debt load relative to revenue than 89% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

11th percentile

-63%

Higher net margin than 11% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

11th percentile

-38%

Faster asset growth than 11% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

19th percentile

-55%

Faster revenue growth than 19% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets86th percentile

Assets

Down

$1,261

Down $789 (-38%) from 2019

Net Assets

Down

$765

Down $789 (-51%) from 2019

Liabilities

Flat

$496

Flat from 2019

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin11th percentile

Revenue

Down

$1,260

Down $1,540 (-55%) from 2019

Expenses

Down

$2,049

Down $602 (-23%) from 2019

Net Income

Down

-$789

Down $938 (-630%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

$3.0K$2.0K$1.0K$0Assets 2014: $2,202Net Assets 2014: $2,2022014Assets 2015: $2,628Liabilities 2015: $292Net Assets 2015: $2,3362015Assets 2016: $1,522Liabilities 2016: $496Net Assets 2016: $1,0262016Assets 2017: $1,672Liabilities 2017: $496Net Assets 2017: $1,1762017Assets 2018: $1,901Liabilities 2018: $496Net Assets 2018: $1,4052018Assets 2019: $2,050Liabilities 2019: $496Net Assets 2019: $1,5542019Assets 2020: $1,261Liabilities 2020: $496Net Assets 2020: $7652020Assets 2021: $1,531Liabilities 2021: $496Net Assets 2021: $1,0352021Assets 2022: $791Liabilities 2022: $496Net Assets 2022: $2952022Assets 2023: $995Liabilities 2023: $0Net Assets 2023: $9952023Assets 2024: $1,070Liabilities 2024: $0Net Assets 2024: $1,0702024Assets 2025: $1,061Liabilities 2025: $0Net Assets 2025: $1,0612025

Highlighted filing

2020

Assets$1,261
Liabilities$496
Net Assets$765
Open 2020 Filing

Operations Trend

Revenue Growth19th percentile

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

$6.0K$4.0K$2.0K$0-$2.0KRevenue 2014: $5,405Expenses 2014: $2,606Net Income 2014: $2,7992014Revenue 2015: $3,750Expenses 2015: $3,616Net Income 2015: $1342015Revenue 2016: $600Expenses 2016: $1,910Net Income 2016: -$1,3102016Revenue 2017: $2,800Expenses 2017: $2,649Net Income 2017: $1512017Revenue 2018: $2,500Expenses 2018: $2,271Net Income 2018: $2292018Revenue 2019: $2,800Expenses 2019: $2,651Net Income 2019: $1492019Revenue 2020: $1,260Expenses 2020: $2,049Net Income 2020: -$7892020Revenue 2021: $2,200Expenses 2021: $1,931Net Income 2021: $2692021Revenue 2022: $2,500Expenses 2022: $3,240Net Income 2022: -$7402022Revenue 2023: $1,600Expenses 2023: $1,396Net Income 2023: $2042023Revenue 2024: $1,700Expenses 2024: $1,625Net Income 2024: $752024Revenue 2025: $1,750Expenses 2025: $1,759Net Income 2025: -$92025

Highlighted filing

2020

Revenue$1,260
Expenses$2,049
Net Income-$789
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jul 31, 2020
Return Version
2019v5.0
Gross Receipts
$1,260
Mission and Program Overview

Mission

The damodaran foundation, inc. Has been established to aid individuals or families in need

Program Services

DescriptionGrantsExpenses
THE EXEMPT PURPOSE WAS ACCOMPLISHED BY MAKING CONTRIBUTIONS TO ORGANIZATIONS WHICH MEET THE PURPOSE AS REQUIRED.-$429
CONTRIBUTIONS HAVE BEEN MADE TO OTHER TAX-EXEMPT ORGANIZATIONS--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
AJIT DAMODARANPresident/Tr-$0--
Filing and Contact Details

Filer

Filer Name
The Damodaran Foundation Inc
EIN
80-0757469
Phone
8042394274
Address
14864 SCOTCHTOWN ROAD, MONTPELIER, VA 23192-2805

Signing Officer

Name
Ajit Damodaran
Title
President/treasurer
Phone
8042394274
Signed
2020-07-31
Discuss with paid preparer
Yes

Preparer

Firm
David C Ellwanger CPA Pc
Address
1704 WINDINGRIDGE CT, HENRICO, VA 23238-4133
Preparer
David C Ellwanger
Phone
8047411665
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses web site expenses 120 university of texas 105 va commonwealth universit 100 shriners hospital 102 total 427”

Form 990-ez, Part II, Line 24

“Organization costs 1,822 1,822 less accumulated amortization 918 1,040 total 904 782”

Form 990-ez, Part II, Line 26

“Loans from shareholder 496 496”

Form 990-ez, Part III

“The damodaran foundation, inc. Has been established to aid individuals or families in need”

Form 990-ez, Part III, Line 31

“The exempt purpose was accomplished by making contributions to organizations which meet the purpose as required.”

Raw XML Appendix133 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/BusinessName/BusinessNameLine1Txt0THE DAMODARAN FOUNDATION INC
IRS990EZ/BooksInCareOfDetail/PhoneNum08042394274
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt014864 SCOTCHTOWN ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MONTPELIER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0231922805
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01146
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0479
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt01260
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-789
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01500
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt02050
IRS990EZ/Form990TotalAssetsGrp/EOYAmt01261
IRS990EZ/GrossReceiptsAmt01260
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01554
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0765
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01554
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0765
IRS990EZ/OccupancyRentUtltsAndMaintAmt0122
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0AJIT DAMODARAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/TR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0904
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0782
IRS990EZ/OtherExpensesTotalAmt0427
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE DAMODARAN FOUNDATION, INC. HAS BEEN ESTABLISHED TO AID INDIVIDUALS OR FAMILIES IN NEED
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CONTRIBUTIONS HAVE BEEN MADE TO OTHER TAX-EXEMPT ORGANIZATIONS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE EXEMPT PURPOSE WAS ACCOMPLISHED BY MAKING CONTRIBUTIONS TO ORGANIZATIONS WHICH MEET THE PURPOSE AS REQUIRED.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0429
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0VA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0496
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0496
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt02049
IRS990EZ/TotalProgramServiceExpensesAmt0429
IRS990EZ/TotalRevenueAmt01260
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTP://WWW.DAMODARANFOUNDATION.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01260
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt02800
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt02500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0600
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt07160
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt07160
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01260
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02800
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0600
IRS990ScheduleA/Total509Grp/TotalAmt07160
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01260
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02800
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0600
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07160
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES WEB SITE EXPENSES 120 UNIVERSITY OF TEXAS 105 VA COMMONWEALTH UNIVERSIT 100 SHRINERS HOSPITAL 102 TOTAL 427
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION COSTS 1,822 1,822 LESS ACCUMULATED AMORTIZATION 918 1,040 TOTAL 904 782
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LOANS FROM SHAREHOLDER 496 496
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DAMODARAN FOUNDATION, INC. HAS BEEN ESTABLISHED TO AID INDIVIDUALS OR FAMILIES IN NEED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EXEMPT PURPOSE WAS ACCOMPLISHED BY MAKING CONTRIBUTIONS TO ORGANIZATIONS WHICH MEET THE PURPOSE AS REQUIRED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0AJIT DAMODARAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08042394274
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE DAMODARAN FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0DAMO
ReturnHeader/Filer/EIN0800757469
ReturnHeader/Filer/PhoneNum08042394274
ReturnHeader/Filer/USAddress/AddressLine1Txt014864 SCOTCHTOWN ROAD
ReturnHeader/Filer/USAddress/CityNm0MONTPELIER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd0231922805
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId01FD34A465D77E7E7991B07387E044F5857A8E613
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId01FD34A465D77E7E7991B07387E044F5857A8E613
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt074.110.129.153
ReturnHeader/FilingSecurityInformation/IPDt02020-08-01
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm013:38:57
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541771228
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVID C ELLWANGER CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01704 WINDINGRIDGE CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HENRICO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0232384133
ReturnHeader/PreparerPersonGrp/PhoneNum08047411665
ReturnHeader/PreparerPersonGrp/PreparationDt02020-08-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID C ELLWANGER
ReturnHeader/ReturnTs02020-08-01T13:38:57-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,261
Liabilities
$496
Net assets
$765
Revenue
$1,260
Expenses
$2,049
Net income
-$789
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,061$0$1,061$1,750$1,759$9
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,070$0$1,070$1,700$1,625$75
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$995$0$995$1,600$1,396$204
2022Detailed filing. Detailed filing data is available for this year.$791$496$295$2,500$3,240$740
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,531$496$1,035$2,200$1,931$269
2020Detailed filing. Detailed filing data is available for this year.$1,261$496$765$1,260$2,049$789
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2,050$496$1,554$2,800$2,651$149
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,901$496$1,405$2,500$2,271$229
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,672$496$1,176$2,800$2,649$151
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,522$496$1,026$600$1,910$1,310
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2,628$292$2,336$3,750$3,616$134
2014Detailed filing. Detailed filing data is available for this year.$2,202$2,202$5,405$2,606$2,799