Civic Intelligence

Xavier Foundation Inc

990 • Fiscal year 2019 • EIN 83-1528765

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 13, 2020

Organization ProfileN/A
1000 Woodbury Rd Ste 109Woodbury, NY 11797

(516) 395-4433

Siviq Scores

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

Liabilities / Assets

68th percentile

0.00x

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

2019 filings • NTEE B12 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

68th percentile

0.00x

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

2019 filings • NTEE B12 • <$500k nonprofits • Source year 2019

Net Margin

97th percentile

100%

Higher net margin than 97% of similar nonprofits.

2019 filings • NTEE B12 • <$500k nonprofits • Source year 2019

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

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

2019 filings • NTEE B12 • <$500k nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Balance Sheet
Liabilities / Assets68th percentile

Assets

$151,079

No earlier filing loaded for comparison.

Net Assets

$151,079

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue68th percentileNet Margin97th percentile

Revenue

$151,250

No earlier filing loaded for comparison.

Expenses

$171

No earlier filing loaded for comparison.

Net Income

$151,079

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$1.5M$1.0M$500K$0Assets 2019: $151,079Liabilities 2019: $0Net Assets 2019: $151,0792019Assets 2020: $171,829Liabilities 2020: $0Net Assets 2020: $171,8292020Assets 2021: $900,429Liabilities 2021: $0Net Assets 2021: $900,4292021Assets 2022: $1,046,631Liabilities 2022: $156,600Net Assets 2022: $890,0312022

Highlighted filing

2019

Assets$151,079
Liabilities$0
Net Assets$151,079
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2019: $151,250Expenses 2019: $171Net Income 2019: $151,0792019Revenue 2020: $21,500Expenses 2020: $750Net Income 2020: $20,7502020Revenue 2021: $1,631,548Expenses 2021: $902,948Net Income 2021: $728,6002021Revenue 2022: $300,000Expenses 2022: $327,790Net Income 2022: -$27,7902022

Highlighted filing

2019

Revenue$151,250
Expenses$171
Net Income$151,079
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 13, 2020
Return Version
2019v5.0
Gross Receipts
$151,250
Mission and Program Overview

Mission

The organization mission is to give deserving and qualify students an opportunity to attend medical school at no cost to them. The mission is also to give high performing faculty and staff opportunities to undertake research and other scholarly activities free of charge to them.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$151,079-
Total Assets$0$151,079▲ $151,079
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$151,079-
Total Net Assets Fund Balance$0$151,079▲ $151,079
Total Liabilities and Net Assets / Fund Balance$0$151,079▲ $151,079
Compensation and Service Providers
Top Officer Pay94th percentile

Board Members and Trustees

NameTitle
Edwin CaseyChairman
J Ganesh BhatVice Chairma
Ravishankar BhooplapurSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$151,250
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$151,250
Change in Net Assets
$151,079
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$171
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
Other Expenses-$171-$171
Total Functional Expenses$0$171$0$171
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
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
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, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Xavier Foundation Inc
EIN
83-1528765
Phone
5163954433
Address
1000 WOODBURY RD STE 109, WOODBURY, NY 11797

Signing Officer

Name
Ravishankar Bhooplapur
Title
Secretary
Phone
5163954433
Signed
2020-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ravishankar Bhooplapur
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Jain Bhandari CPA Associates Pllc
Address
1 DOVER LANE, SYOSSET, NY 11791-6119
Preparer
Mahendra Bhandari
Phone
9175495176
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The organization mission is to give deserving and qualify students an opportunity to attend medical school at no cost to them. The mission is also to give high performing faculty and staff opportunities to undertake research and other scholarly activities free of charge to them.”

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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/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
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IRS990/GrossReceiptsAmt0151250
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IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
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IRS990/IRPDocumentCnt00
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IRS990/LoanOutstandingInd0false
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ReturnHeader/Filer/PhoneNum05163954433
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ReturnHeader/ReturnTs02020-11-15T20:07:44-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$151,079
Liabilities
$0
Net assets
$151,079
Revenue
$151,250
Expenses
$171
Net income
$151,079
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$1.05$0.16$0.89$0.30$0.33$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$1.63$0.90$0.73
2020Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$0.02$0.00$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$0.15$0.00$0.15