Civic Intelligence

Iit (Bhu) Foundation Inc

EIN 85-3447003 • 501(c)3 • Loudonville, NY

Profile

The foundation is a u.s. "friends of" entity formed by individuals who wish to advance and support the work of the indian institute of technology (banaras hindu university, "iit (bhu)"), a public technical and research university located in varanasi, uttar pradesh, india, which is expected to be the principal (although not necessarily exclusive) grantee of funds distributed by the organization.

37 E Cobblehill RoadLoudonville, NY 12211

www.iitbhufoundation.org

Siviq Scores

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

Liabilities / Assets

9th percentile

0.00x

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

NTEE B • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

9th percentile

0.00x

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

NTEE B • $5M-$10M nonprofits • Source year 2024

Net Margin

96th percentile

76%

Higher net margin than 96% of similar nonprofits.

NTEE B • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

35th percentile

$75,000

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 5.9% of source-year revenue.

NTEE B • $5M-$10M nonprofits • Source year 2024

Asset Growth

85th percentile

35%

Faster asset growth than 85% of similar nonprofits.

NTEE B • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

54th percentile

8.9%

Faster revenue growth than 54% of similar nonprofits.

NTEE B • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets9th percentile

Assets

Up

$5,180,493

Up $1,353,799 (+35%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$5,180,493

Up $1,353,799 (+35%) from 2023

Operations
Liabilities / Revenue9th percentileNet Margin96th percentile

Revenue

Up

$1,262,604

Up $102,904 (+8.9%) from 2023

Expenses

Down

$307,297

Down $286,002 (-48%) from 2023

Net Income

Up

$955,307

Up $388,906 (+69%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth85th percentile

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

$6.0M$4.0M$2.0M$0Assets 2020: $50,605Liabilities 2020: $0Net Assets 2020: $50,6052020Assets 2021: $4,099,614Liabilities 2021: $0Net Assets 2021: $4,099,6142021Assets 2022: $2,962,424Liabilities 2022: $0Net Assets 2022: $2,962,4242022Assets 2023: $3,826,694Liabilities 2023: $0Net Assets 2023: $3,826,6942023Assets 2024: $5,180,493Liabilities 2024: $0Net Assets 2024: $5,180,4932024

Highlighted filing

2024

Assets$5,180,493
Liabilities$0
Net Assets$5,180,493
Open 2024 Filing

Operations Trend

Revenue Growth54th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2020: $65,000Expenses 2020: $14,395Net Income 2020: $50,6052020Revenue 2021: $4,142,119Expenses 2021: $70,808Net Income 2021: $4,071,3112021Revenue 2022: $1,918,267Expenses 2022: $2,729,585Net Income 2022: -$811,3182022Revenue 2023: $1,159,700Expenses 2023: $593,299Net Income 2023: $566,4012023Revenue 2024: $1,262,604Expenses 2024: $307,297Net Income 2024: $955,3072024

Highlighted filing

2024

Revenue$1,262,604
Expenses$307,297
Net Income$955,307
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$5,180,493
Liabilities
$0
Net assets
$5,180,493
Revenue
$1,262,604
Expenses
$307,297
Net income
$955,307
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.18$0.00$5.18$1.26$0.31$0.96
2023Detailed filing. Detailed filing data is available for this year.$3.83$0.00$3.83$1.16$0.59$0.57
2022Detailed filing. Detailed filing data is available for this year.$2.96$0.00$2.96$1.92$2.73$0.81
2021Detailed filing. Detailed filing data is available for this year.$4.10$0.00$4.10$4.14$0.07$4.07
2020Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.07$0.01$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 30, 2025
Return Version
2024v5.1
Gross Receipts
$1,994,121
Mission and Program Overview

Mission

The foundation is a u.s. "friends of" entity formed by individuals who wish to advance and support the work of the indian institute of technology (banaras hindu university, "iit (bhu)"), a public technical and research university located in varanasi, uttar pradesh, india, which is expected to be the principal (although not necessarily exclusive) grantee of funds distributed by the organization.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,586,992$5,013,073▲ $1,426,081
Cash and Non-Interest-Bearing Accounts$118,131$95,317▼ $22,814
Savings and Temporary Cash Investments$117,821$68,603▼ $49,218
Accounts Receivable$3,750$3,500▼ $250
Total Assets$3,826,694$5,180,493▲ $1,353,799
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,826,694$5,180,493▲ $1,353,799
Total Net Assets Fund Balance$3,826,694$5,180,493▲ $1,353,799
Total Liabilities and Net Assets / Fund Balance$3,826,694$5,180,493▲ $1,353,799
Compensation and Service Providers
Top Officer Pay35th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Sagar BhimavarapuCEOPT$75,000$75,000

Board Members and Trustees

NameTitle
Naresh JainChairman
Raj YavatkarBoard Member
Ramesh SrinivasanDirector
Soumyo SarkarDirector
Vikash AgarwalSecrectary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,098,764
Program Service Revenue
$0
Investment Income
$148,910
Other Revenue
$14,930
All Other Contributions
$1,098,764
Change in Net Assets
$955,307

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$1,015,111Fair Market Value
Total Noncash Contributions2$1,015,111-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,247,674
Revenue Not Reported on Financial Statements
$14,930
Revenue Not Reported on Form 990
$430,314
Other Revenue Adjustments
$14,930
Total Revenue per Audited Statements
$1,677,988
Total Revenue per Form 990
$1,262,604
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$184,768
Other Expenses$122,529
Total Fundraising Expense$38,238
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$184,768--$184,768
Fees for Services Other-$50,492$37,500$87,992
Fees for Services Accounting-$17,773-$17,773
Information Technology-$8,349-$8,349
Travel$3,820$849$738$5,407
Other Expenses-$1,892-$1,892
Insurance-$660-$660
Advertising-$456-$456
Total Functional Expenses$188,588$80,471$38,238$307,297

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$324,189
Expenses per Audited Statements$307,297
Total Expenses per Form 990$307,297
Expenses Not Reported on Form 990$16,892
Expenses Not Reported on Financial Statements$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$184,768

International Compliance

Foreign grant records maintained
No
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 AsiaGrantmakingTO ADVANCE AND SUPPORT THE WORK OF THE INDIAN INSTITUTE OF TECHNOLOGY (BANARAS HINDU UNIVERSITY, "IIT (BHU)".00$184,768
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$31,822
Fundraising Direct Expenses$16,892
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Kashi Yatra Musical Masti$31,822$31,822$1,754$30,068
Total Events$31,822$31,822$16,892$14,930
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
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 A, Line 4

“By-laws modified the requirements to join the board.”

Form 990, Part VI, Section A, Line 8B

“There are no established committees that can act on behalf of the governing body.”

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

“A copy to the 990 is provided to all board members for their review prior to filing.”

Form 990, Part VI, Section B, Line 12

“Board members are reminded at meetings of th conflict of interest policy and to disclose any potential conflicts of interest.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements to the public at the organizations office upon written request.”

Filing and Contact Details

Filer

Filer Name
Iit (bhu) Foundation Inc
EIN
85-3447003
Phone
6093713927
Address
37 E COBBLEHILL ROAD, LOUDONVILLE, NY 12211

Signing Officer

Name
Sagar Bhimavarapu
Title
CEO
Phone
6093713927
Signed
2025-04-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sagar Bhimavarapu
Formed
2020
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Teal Becker & Chiaramonte Cpas Pc
Address
7 WASHINGTON SQUARE, ALBANY, NY 12205
Preparer
Stephanie Mumford CPA
Phone
5184566663
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Professional services - other: program service expenses 0. Management and general expenses 50,492. Fundraising expenses 37,500. Total expenses 87,992.”

FORM 990, PART XI, LINE 9:

“Unrealized gains/losses on investme 398,492.”

Financial Statement Notes

PART X, LINE 2:

“The organization follows the guidance for uncertainty in income taxes. As of december 31, 2024, the organization believes that it has appropriate support for the income tax positions taken and to be taken on its returns based on an assessment of many factors including experience and interpretations of tax laws applied to the facts of each matter. The organization has concluded that there are no significant uncertain tax positions requiring disclosure, and there are no material amounts of unrecognized tax benefits.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Gross income from fundraising events 31,822.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Net income from fundraising events 14,930.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Expenses for fundraising events 16,892.”

Raw XML AppendixShowing 400 of 427 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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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08208892
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0148910
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0114326
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt039214
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt021418
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0323868
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt031822
IRS990ScheduleA/OtherIncome170Grp/TotalAmt031822
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt04358730
IRS990ScheduleA/SubstantialContributorsTotAmt03850162
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01098764
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01045374
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01879053
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04120701
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt065000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08208892
IRS990ScheduleA/TotalSupportAmt08564582
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt016892
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0307297
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0398492
IRS990ScheduleD/OtherExpensesIncludedAmt016892
IRS990ScheduleD/OtherRevenueAmt031822
IRS990ScheduleD/OtherRevenuesNotIncludedAmt014930
IRS990ScheduleD/RevenueNotReportedAmt0430314
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt014930
IRS990ScheduleD/RevenueSubtotalAmt01247674
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION FOLLOWS THE GUIDANCE FOR UNCERTAINTY IN INCOME TAXES. AS OF DECEMBER 31, 2024, THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE INCOME TAX POSITIONS TAKEN AND TO BE TAKEN ON ITS RETURNS BASED ON AN ASSESSMENT OF MANY FACTORS INCLUDING EXPERIENCE AND INTERPRETATIONS OF TAX LAWS APPLIED TO THE FACTS OF EACH MATTER. THE ORGANIZATION HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING DISCLOSURE, AND THERE ARE NO MATERIAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1GROSS INCOME FROM FUNDRAISING EVENTS 31,822.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2NET INCOME FROM FUNDRAISING EVENTS 14,930.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3EXPENSES FOR FUNDRAISING EVENTS 16,892.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0307297
IRS990ScheduleD/TotalRevenuePerForm990Amt01262604
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01677988
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0324189
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0184768
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0SOUTH ASIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0TO ADVANCE AND SUPPORT THE WORK OF THE INDIAN INSTITUTE OF TECHNOLOGY (BANARAS HINDU UNIVERSITY, "IIT (BHU)".
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANTMAKING
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0184768
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0FUNDS TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0TO ADVANCE AND SUPPORT THE WORK OF THE INDIAN INSTITUTE OF TECHNOLOGY (BANARAS HINDU UNIVERSITY, "IIT (BHU)".
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0SOUTH ASIA
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt0184768
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0THE MAJORITY OF THE FUNDS EXPENDED ARE EARMARKED FOR SPECIFIC PURPOSES KNOWN BY THE FOUNDATION. ANY REMAINING FUNDS WILL BE REPORTED ON A QUARTERLY BASIS TO THE FOUNDATION, AS REQURED. GRANTEES ARE RESPONSIBLE FOR INSURING THAT THE FUNDS ARE EXPENDED IN ACCORDANCE WITH REQUIREMENS SET FORTH IN THE GRANTS.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt0184768
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt016892
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt06917
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt06917
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0KASHI YATRA MUSICAL MASTI
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt04287
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt04287
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt031822
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt031822
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt031822
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt031822
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt014930
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01754
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01754
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt03934
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt03934
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt02
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt01015111
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0NONCASH CONTRIBUTIONS WERE MADE DURING THE YEAR FROM TWO INDIVIDUALS THAT CONSISTED OF VARYING AMOUNTS OF STOCKS IN SEVERAL PUBLIC COMPANES TO BE USED AT THE BOARDS DISCRETION.
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, COLUMN (B):
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BY-LAWS MODIFIED THE REQUIREMENTS TO JOIN THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE NO ESTABLISHED COMMITTEES THAT CAN ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY TO THE 990 IS PROVIDED TO ALL BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD MEMBERS ARE REMINDED AT MEETINGS OF TH CONFLICT OF INTEREST POLICY AND TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS TO THE PUBLIC AT THE ORGANIZATIONS OFFICE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROFESSIONAL SERVICES - OTHER: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 50,492. FUNDRAISING EXPENSES 37,500. TOTAL EXPENSES 87,992.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UNREALIZED GAINS/LOSSES ON INVESTME 398,492.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03826694
IRS990/TotalAssetsEOYAmt05180493
IRS990/TotalAssetsGrp/BOYAmt03826694
IRS990/TotalAssetsGrp/EOYAmt05180493
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01098764
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt038238
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt080471
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0188588
IRS990/TotalFunctionalExpensesGrp/TotalAmt0307297
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03826694
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05180493
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0188588
IRS990/TotalReportableCompFromOrgAmt075000
IRS990/TotalRevenueGrp/ExclusionAmt0163840
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01262604
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03826694
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05180493
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt0738
IRS990/TravelGrp/ManagementAndGeneralAmt0849
IRS990/TravelGrp/ProgramServicesAmt03820
IRS990/TravelGrp/TotalAmt05407
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt037 E COBBLEHILL ROAD
IRS990/USAddress/CityNm0LOUDONVILLE
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd012211
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.IITBHUFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01

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