Civic Intelligence

Globalnagari Foundation Inc

EIN 84-5002967 • 501(c)3 • Princeton Junction, NJ

Profile

Globalnagari foundation, inc. Is a non-profit organization and is actively involved in service for social awareness and advancement of education. It also supports other global charitable organizations that promote research and education for human welfare.

4 Richmond CTPrinceton Junction, NJ 08550

globalnagari.org

Siviq Scores

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

Liabilities / Assets

65th percentile

0.00x

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

NTEE P20 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

67th percentile

0.00x

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

NTEE P20 • <$500k nonprofits • Source year 2024

Net Margin

9th percentile

-55%

Higher net margin than 9% of similar nonprofits.

NTEE P20 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

NTEE P20 • <$500k nonprofits • Source year 2024

Asset Growth

31st percentile

-17%

Faster asset growth than 31% of similar nonprofits.

NTEE P20 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

21st percentile

-43%

Faster revenue growth than 21% of similar nonprofits.

NTEE P20 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$34,290

Up $15,565 (+83%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Up

$34,290

Up $15,565 (+83%) from 2022

Operations
Liabilities / Revenue67th percentileNet Margin9th percentile

Revenue

Down

$18,070

Down $84,189 (-82%) from 2022

Expenses

Down

$2,505

Down $99,072 (-98%) from 2022

Net Income

Up

$15,565

Up $14,883 (+2182%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth31st percentile

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

$40K$30K$20K$10K$0Assets 2021: $18,043Liabilities 2021: $0Net Assets 2021: $18,0432021Assets 2022: $18,725Liabilities 2022: $0Net Assets 2022: $18,7252022Assets 2023: $34,290Liabilities 2023: $0Net Assets 2023: $34,2902023

Highlighted filing

2023

Assets$34,290
Liabilities$0
Net Assets$34,290
Open 2023 Filing

Operations Trend

Revenue Growth21st percentile

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

$400K$300K$200K$100K$0Revenue 2021: $301,111Expenses 2021: $291,488Net Income 2021: $9,6232021Revenue 2022: $102,259Expenses 2022: $101,577Net Income 2022: $6822022Revenue 2023: $18,070Expenses 2023: $2,505Net Income 2023: $15,5652023

Highlighted filing

2023

Revenue$18,070
Expenses$2,505
Net Income$15,565
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$34,290
Liabilities
$0
Net assets
$34,290
Revenue
$18,070
Expenses
$2,505
Net income
$15,565
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$0.34$0.00$0.34$0.18$0.03$0.16
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.00$0.19$1.02$1.02$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.18$0.00$0.18$3.01$2.91$0.10
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 15, 2023
Return Version
2022v5.0
Gross Receipts
$102,259
Mission and Program Overview

Mission

Globalnagari foundation, inc. Is a non-profit organization and is actively involved in service for social awareness and advancement of education. It also supports other global charitable organizations that promote research and education for human welfare.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$18,043$18,725▲ $682
Rtn Earn Endowment Incm Other Fnds$18,043$18,725▲ $682
Total Assets$18,043$18,725▲ $682
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$18,043$18,725▲ $682
Total Liabilities and Net Assets / Fund Balance$18,043$18,725▲ $682
Compensation and Service Providers
Top Officer Pay84th percentile

Board Members and Trustees

NameTitle
Kishore GorePresident
Kajal ShindeVice President
Snehal ShindeVice President
Rashmi KaleBoard Member
Avinash MehetreSecretary
Mangesh BarhateTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$102,259
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$102,259
Change in Net Assets
$682
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$100,000
Other Expenses$1,577
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$100,000--$100,000
Office Expenses-$1,204-$1,204
Fees for Services Other-$373-$373
Total Functional Expenses$100,000$1,577$0$101,577
International Activity

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
Yes
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
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

Governing body meeting documentation Part VI line 8A

“Minutes of the meeting are maintained by the secretary”

Form 990 governing body review Part VI line 11

“A copy of form 990 is presented to all members of governing body before filing the form. The treasurer answers any questions regarding the information contained in the tax return to the members of the governing body. After the approval, the tax return is signed by the authorized officer.”

Form 990 availability to public Part VI line 18

“Form 990 is available for public inspection upon submission of written request to the president”

Governing documents etc available to public Part VI line 19

“Documents and financial statements will be made available to the public pursuant to the written request submitted to the president”

Filing and Contact Details

Filer

Filer Name
Globalnagari Foundation Inc
EIN
84-5002967
Address
4 RICHMOND CT, PRINCETON JUNCTION, NJ 08550

Signing Officer

Name
Mangesh Barhate
Title
Treasurer
Phone
9375945974
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
2020
Legal Domicile
Nj
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
100

Preparer

Firm
Kapital Excelsior Inc
Address
One Rockefeller Plaza Flr 11, New York, NY 10020
Preparer
Ronak K Brahmbhatt CPA Cfa Ea
Phone
6469646462
Raw XML Appendix310 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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ReturnHeader/Filer/USAddress/CityNm0PRINCETON JUNCTION
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008550
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0823455060
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Kapital Excelsior Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0One Rockefeller Plaza Flr 11
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0New York
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010020
ReturnHeader/PreparerPersonGrp/PhoneNum06469646462
ReturnHeader/PreparerPersonGrp/PreparationDt02023-08-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RONAK K BRAHMBHATT CPA CFA EA
ReturnHeader/ReturnTs02023-08-01T20:09:59-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MANGESH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BARHATE
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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