Civic Intelligence

Us-India Strategic Partnership Forum Inc

EIN 82-2265517 • 501(c)6 • Washington, DC

Profile

Activities include creating a powerful strategic partnership between the U.S. & India and promoting bilateral trade. It is about business and government coming together in new ways to create meaningful opportunities for citizens.

2550 M Street NWWashington, DC 20037

www.usispf.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

93rd percentile

0.79x

Higher debt load relative to assets than 93% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

80th percentile

0.75x

Higher debt load relative to revenue than 80% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Net Margin

70th percentile

12%

Higher net margin than 70% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

95th percentile

$1,035,900

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 13.7% of source-year revenue.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Asset Growth

88th percentile

22%

Faster asset growth than 88% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

52nd percentile

6.6%

Faster revenue growth than 52% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Up

$7,119,958

Up $1,285,045 (+22%) from 2023

Liabilities

Up

$5,634,930

Up $346,549 (+6.6%) from 2023

Net Assets

Up

$1,485,028

Up $938,496 (+172%) from 2023

Operations
Liabilities / Revenue80th percentileNet Margin70th percentile

Revenue

Up

$7,534,775

Up $467,954 (+6.6%) from 2023

Expenses

Up

$6,596,279

Up $180,096 (+2.8%) from 2023

Net Income

Up

$938,496

Up $287,858 (+44%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth88th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0-$5.0MAssets 2017: $1,259,774Liabilities 2017: $3,811,984Net Assets 2017: -$2,552,2102017Assets 2018: $1,807,445Liabilities 2018: $4,639,318Net Assets 2018: -$2,831,8732018Assets 2019: $1,473,036Liabilities 2019: $4,588,718Net Assets 2019: -$3,115,6822019Assets 2020: $1,879,668Liabilities 2020: $3,915,280Net Assets 2020: -$2,035,6122020Assets 2021: $3,571,931Liabilities 2021: $4,414,485Net Assets 2021: -$842,5542021Assets 2022: $4,730,722Liabilities 2022: $4,834,829Net Assets 2022: -$104,1072022Assets 2023: $5,834,913Liabilities 2023: $5,288,381Net Assets 2023: $546,5322023Assets 2024: $7,119,958Liabilities 2024: $5,634,930Net Assets 2024: $1,485,0282024

Highlighted filing

2024

Assets$7,119,958
Liabilities$5,634,930
Net Assets$1,485,028
Open 2024 Filing

Operations Trend

Revenue Growth52nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2017: $692,505Expenses 2017: $3,254,713Net Income 2017: -$2,562,2082017Revenue 2018: $5,533,612Expenses 2018: $5,813,275Net Income 2018: -$279,6632018Revenue 2019: $5,161,884Expenses 2019: $5,445,694Net Income 2019: -$283,8102019Revenue 2020: $5,362,769Expenses 2020: $4,282,698Net Income 2020: $1,080,0712020Revenue 2021: $5,974,035Expenses 2021: $4,780,977Net Income 2021: $1,193,0582021Revenue 2022: $6,428,613Expenses 2022: $5,690,164Net Income 2022: $738,4492022Revenue 2023: $7,066,821Expenses 2023: $6,416,183Net Income 2023: $650,6382023Revenue 2024: $7,534,775Expenses 2024: $6,596,279Net Income 2024: $938,4962024

Highlighted filing

2024

Revenue$7,534,775
Expenses$6,596,279
Net Income$938,496
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$7,119,958
Liabilities
$5,634,930
Net assets
$1,485,028
Revenue
$7,534,775
Expenses
$6,596,279
Net income
$938,496
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.12$5.63$1.49$7.53$6.60$0.94
2023Detailed filing. Detailed filing data is available for this year.$5.83$5.29$0.55$7.07$6.42$0.65
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.73$4.83$0.10$6.43$5.69$0.74
2021Detailed filing. Detailed filing data is available for this year.$3.57$4.41$0.84$5.97$4.78$1.19
2020Detailed filing. Detailed filing data is available for this year.$1.88$3.92$2.04$5.36$4.28$1.08
2019Detailed filing. Detailed filing data is available for this year.$1.47$4.59$3.12$5.16$5.45$0.28
2018Detailed filing. Detailed filing data is available for this year.$1.81$4.64$2.83$5.53$5.81$0.28
2017Summary only. Only limited summary data is available for this year.$1.26$3.81$2.55$0.69$3.25$2.56
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$12,609,754
Mission and Program Overview

Mission

Activities include creating the most powerful strategic partnership between the U.S. & India and promoting bilateral trade. It is about business and government coming together in new ways to create meaningful opportunities that have the power to change the lives of citizens.

Activities include creating a strategic partnership between the US & India and promoting bilateral trade. It is about business and government coming together in new ways to create meaningful opportunities that have the power to change the lives of citizens.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$3,639,706$5,752,100▲ $2,112,394
Rtn Earn Endowment Incm Other Fnds$546,532$1,485,028▲ $938,496
Accounts Receivable$1,116,659$1,164,327▲ $47,668
Cash and Non-Interest-Bearing Accounts$1,061,900$187,255▼ $874,645
Prepaid Expenses and Deferred Charges$6,856$6,484▼ $372
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$5,834,913$7,119,958▲ $1,285,045
Other Assets Total$9,792$9,792→ $0
Liabilities
Deferred Revenue$3,821,577$4,274,157▲ $452,580
Accounts Payable and Accrued Expenses$1,466,804$1,360,773▼ $106,031
Total Liabilities$5,288,381$5,634,930▲ $346,549
Net Assets / Fund Balance
Total Net Assets Fund Balance$546,532$1,485,028▲ $938,496
Total Liabilities and Net Assets / Fund Balance$5,834,913$7,119,958▲ $1,285,045

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$32,850$32,850
Other Securities$5,752,100--
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DR Mukesh AghiPresident & TreasurerFT$610,900$425,000$1,035,900
Gaurav VermaCOOFT$418,189$395,000$813,189
Nolty TheriotSenior VP, Policy AdvocacyFT$255,686$50,846$306,532
Malachy B NugentPolicy AdvocacyFT$232,092$36,401$268,493
Jason StarrDirector of Business DevelFT$169,612-$169,612

Board Members and Trustees

NameTitle
John T ChambersExecutive Committee Chair,
Shantanu NarayenBoard Vice-Chair, Executiv
Alex RogersExecutive Committee
Amarjyoti BaruaExecutive Committee
Arvind KrishnaExecutive Committee
Bipul SinhaExecutive Committee
Christopher CalioExecutive Committee
D James III UmplebyExecutive Committee
Dave WestExecutive Committee
Dorothy AttwoodExecutive Committee
Edward MonserExecutive Committee
Ernie ThrasherExecutive Committee
Frank A St JohnExecutive Committee
George R OliverExecutive Committee
Jack WilliamsExecutive Committee
Jennifer HolmgrenExecutive Committee
Jim FitterlingExecutive Committee
Joe UcuzogluExecutive Committee
Johnny C Jr TaylorExecutive Committee
Kelly Mahon TullierExecutive Committee
Michael MiebachExecutive Committee
Nik DeogunExecutive Committee
Omar IshrakExecutive Committee
Prabhakar RaghavanExecutive Committee
Prashant RuiaExecutive Committee
Purna R SaggurtiExecutive Committee
Raj KoneruExecutive Committee
Rajesh ShahExecutive Committee
Rajesh SubramaniamExecutive Committee
Ram R KrishnanExecutive Committee
Ravi KumarExecutive Committee
Roshni Nadar MalhotraExecutive Committee
Sachit AhujaExecutive Committee
Salil ParekhExecutive Committee
Sanat ChattopadhyayExecutive Committee
Sanjiv PuriExecutive Committee
Shailendra SinghExecutive Committee
Somesh DashExecutive Committee
Sumant MandalExecutive Committee
Sumant SinhaExecutive Committee
Sumir ChadhaExecutive Committee
Surya KantExecutive Committee
Timothy RoemerExecutive Committee
Umesh SachdevExecutive Committee
Vishal MahadeviaExecutive Committee
Vy TranExecutive Committee
William CohenExecutive Committee

Highest Paid Contractors

ContractorServicesLocationCompensation
Akshobh GiridharadasConsultancy2000 Connecticut Ave Apt 105, Washington, DC 20008$100,800
Revenue and Support

Revenue Composition

Contributions and Grants
$6,641,965
Program Service Revenue
$682,448
Investment Income
$209,362
Other Revenue
$1,000
All Other Contributions
$75,350
Change in Net Assets
$938,496
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,259,896
Other Expenses$2,336,383
Total Fundraising Expense$743,763
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,228,457$583,751$447,688$4,259,896
Travel$600,559$113,046$88,065$801,670
Fees for Services Other$222,570$38,700-$261,270
Occupancy$114,166$16,232$5,573$135,971
Office Expenses$70,086$33,815$23,848$127,749
Advertising$68,655$12,820$10,173$91,648
Fees for Services Legal$9,499$60,058-$69,557
All Other Expenses$11,899$24,710$4,039$40,648
Other Expenses$20,449$12,217$4,460$37,126
Insurance-$7,446-$7,446
Total Functional Expenses$4,765,860$1,086,656$743,763$6,596,279
International Activity

International Summary

Offices
1
Employees
0
Spending
$79,053

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South Asia - Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal,Support services provided by USIN as per Master Service AgreementSupport services for programs and events.10$79,053
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
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

“In accordance with the Executive Committee charter, the draft Form 990 was provided to the Committee members for review prior to filing. The Executve Committee performs this function pursuant to a delegation from the BOD. BOD received the most recently completed tax return at the next regularly scheduled meeting.”

Form 990, Part VI, Section B, line 12C

“The management notifies the Finance Committee, which includes a requirement that any transaction or relationship that is resonably expected to give rise to an actual or apparent conflict of interest be brought to the attention of a COO, President and Board Executive Committee. In addition all the members are asked individually about any potential conflict of interest that may exist with USISPF.”

Form 990, Part VI, Section B, line 15

“For Line 15a: President, COO and key employees have a written agreement with the USISPF. Total compensation is reviewed annually by Executive Committee. The consultants prepares a compensation study primarily utilizing, as available, Form 990s and Surveys of comparable organization with similar responsibilties and submit is to Executive Committee. Based on the information, Executive Committee determines their total compensation. For Line 15b: All employees have a written agreement with the USISPF. Total compensation is reviewed annually by COO & President. The consultant prepares a compensation study primarily utilizing, as available, Form 990s and Surveys of comparable organization with similar responsibilties and submit is to COO & President. Based on the information, COO & President determines their total compensation.”

Form 990, Part VI, Section C, line 18

“USISPF provides governing documents, conflict of interest policy and financial statements available to the general public upon a request via email.”

Form 990, Part VI, Section C, line 19

“USISPF provides governing documents, conflict of interest policy and financial statements available to the general public upon a request via email.”

Filing and Contact Details

Filer

Filer Name
Us-india Strategic Partnership Forum Inc
EIN
82-2265517
Phone
2126848601
Address
2550 M STREET NW, WASHINGTON, DC 20037

Signing Officer

Name
Gaurav Verma
Title
COO
Phone
2126848601
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gaurav Verma
Formed
2017
Legal Domicile
De
Voting Board Members
47
Independent Board Members
47
Employees
18
Volunteers
0

Preparer

Firm
Kaul & Gupta CPA LLP
Address
425 Broadhollow Road Ste 427, Melville, NY 11747
Preparer
Pradeep K Gupta CPA
Phone
2126848603
Supplemental Narrative

Additional Explanations

Part XII Line 2C

“m”

Raw XML AppendixShowing 400 of 850 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.

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IRS990/Form990PartVIISectionAGrp/PersonNm0Sachit Ahuja
IRS990/Form990PartVIISectionAGrp/PersonNm1Dorothy Attwood
IRS990/Form990PartVIISectionAGrp/PersonNm2Amarjyoti Barua
IRS990/Form990PartVIISectionAGrp/PersonNm3Christopher Calio
IRS990/Form990PartVIISectionAGrp/PersonNm4Sumir Chadha
IRS990/Form990PartVIISectionAGrp/PersonNm5John T Chambers
IRS990/Form990PartVIISectionAGrp/PersonNm6Sanat Chattopadhyay
IRS990/Form990PartVIISectionAGrp/PersonNm7Ravi Kumar
IRS990/Form990PartVIISectionAGrp/PersonNm8William Cohen
IRS990/Form990PartVIISectionAGrp/PersonNm9Somesh Dash
IRS990/Form990PartVIISectionAGrp/PersonNm10Nik Deogun
IRS990/Form990PartVIISectionAGrp/PersonNm11Arvind Krishna
IRS990/Form990PartVIISectionAGrp/PersonNm12Jim Fitterling
IRS990/Form990PartVIISectionAGrp/PersonNm13Salil Parekh
IRS990/Form990PartVIISectionAGrp/PersonNm14Jennifer Holmgren
IRS990/Form990PartVIISectionAGrp/PersonNm15Omar Ishrak
IRS990/Form990PartVIISectionAGrp/PersonNm16Ram R Krishnan
IRS990/Form990PartVIISectionAGrp/PersonNm17Surya Kant
IRS990/Form990PartVIISectionAGrp/PersonNm18Vishal Mahadevia
IRS990/Form990PartVIISectionAGrp/PersonNm19Sumant Mandal
IRS990/Form990PartVIISectionAGrp/PersonNm20Raj Koneru
IRS990/Form990PartVIISectionAGrp/PersonNm21Michael Miebach
IRS990/Form990PartVIISectionAGrp/PersonNm22Edward Monser
IRS990/Form990PartVIISectionAGrp/PersonNm23Prabhakar Raghavan
IRS990/Form990PartVIISectionAGrp/PersonNm24Roshni Nadar Malhotra
IRS990/Form990PartVIISectionAGrp/PersonNm25Shantanu Narayen
IRS990/Form990PartVIISectionAGrp/PersonNm26George R Oliver
IRS990/Form990PartVIISectionAGrp/PersonNm27Sanjiv Puri
IRS990/Form990PartVIISectionAGrp/PersonNm28Timothy Roemer
IRS990/Form990PartVIISectionAGrp/PersonNm29Alex Rogers
IRS990/Form990PartVIISectionAGrp/PersonNm30Prashant Ruia
IRS990/Form990PartVIISectionAGrp/PersonNm31Umesh Sachdev
IRS990/Form990PartVIISectionAGrp/PersonNm32Purna R Saggurti
IRS990/Form990PartVIISectionAGrp/PersonNm33Rajesh Shah
IRS990/Form990PartVIISectionAGrp/PersonNm34Jack Williams
IRS990/Form990PartVIISectionAGrp/PersonNm35Bipul Sinha
IRS990/Form990PartVIISectionAGrp/PersonNm36Sumant Sinha
IRS990/Form990PartVIISectionAGrp/PersonNm37Frank A St John
IRS990/Form990PartVIISectionAGrp/PersonNm38Rajesh Subramaniam
IRS990/Form990PartVIISectionAGrp/PersonNm39Johnny C Jr Taylor
IRS990/Form990PartVIISectionAGrp/PersonNm40Ernie Thrasher
IRS990/Form990PartVIISectionAGrp/PersonNm41Vy Tran
IRS990/Form990PartVIISectionAGrp/PersonNm42Shailendra Singh
IRS990/Form990PartVIISectionAGrp/PersonNm43Kelly Mahon Tullier
IRS990/Form990PartVIISectionAGrp/PersonNm44Joe Ucuzoglu
IRS990/Form990PartVIISectionAGrp/PersonNm45D James III Umpleby
IRS990/Form990PartVIISectionAGrp/PersonNm46Dave West
IRS990/Form990PartVIISectionAGrp/PersonNm47DR Mukesh Aghi
IRS990/Form990PartVIISectionAGrp/PersonNm48Gaurav Verma
IRS990/Form990PartVIISectionAGrp/PersonNm49JASON STARR
IRS990/Form990PartVIISectionAGrp/PersonNm50NOLTY THERIOT
IRS990/Form990PartVIISectionAGrp/PersonNm51MALACHY B NUGENT
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