Civic Intelligence

Higher Education Foundation

990EZ • Fiscal year 2023 • EIN 86-3839558

Jan 01, 2023 to Dec 31, 2023 • Filed on May 08, 2024

Organization ProfileN/A
4552 S Thousand Oaks DrSalt Lake City, UT 84124

(801) 201-2683

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

97th percentile

87%

Higher net margin than 97% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

92nd percentile

99%

Faster asset growth than 92% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

15th percentile

-39%

Faster revenue growth than 15% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$244,057

Up $121,256 (+99%) from 2022

Net Assets

Up

$244,057

Up $121,256 (+99%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin97th percentile

Revenue

Down

$138,637

Down $87,515 (-39%) from 2022

Expenses

Down

$17,381

Down $86,770 (-83%) from 2022

Net Income

Down

$121,256

Down $745 (-0.6%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

$300K$200K$100K$0Assets 2021: $800Liabilities 2021: $0Net Assets 2021: $8002021Assets 2022: $122,801Liabilities 2022: $0Net Assets 2022: $122,8012022Assets 2023: $244,057Liabilities 2023: $0Net Assets 2023: $244,0572023Assets 2024: $287,321Liabilities 2024: $7,863Net Assets 2024: $279,4582024

Highlighted filing

2023

Assets$244,057
Liabilities$0
Net Assets$244,057
Open 2023 Filing

Operations Trend

Revenue Growth15th percentile

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

$300K$200K$100K$0Revenue 2021: $800Expenses 2021: $0Net Income 2021: $8002021Revenue 2022: $226,152Expenses 2022: $104,151Net Income 2022: $122,0012022Revenue 2023: $138,637Expenses 2023: $17,381Net Income 2023: $121,2562023Revenue 2024: $63,802Expenses 2024: $28,401Net Income 2024: $35,4012024

Highlighted filing

2023

Revenue$138,637
Expenses$17,381
Net Income$121,256
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 8, 2024
Return Version
2023v5.0
Gross Receipts
$138,637
Mission and Program Overview

Mission

The mission of the organization is to promote higher education exclusively for educational, charitable, scientific, medical or literary purposes.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION ACCEPTS CONTRIBUTIONS FOR HIGHER EDUCATION AND OTHER PURPOSES RELATED TO THE ENTITY'S MISSION.IN KEEPING WITH ITS EDUCATIONAL MISSION, THE ORGANIZATION PERIODICALLY SPONSORS VISIONING WORKSHOP SUMMITS FOR UNITED STATES AND INDIA UNIVERSITY LEADERS. THESE WORKSHOPS FACILITATE AN EXCHANGE OF IDEAS TO LIFT EDUCATIONAL STANDARDS BETWEEN COUNTRIES AND TO PROMOTE HIGHER EDUCATIONAL OPPORTUNITIES.$8,401$7,928
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ASHOK JOSHIPresident-$0--
MAKARAND HASTAKVice President-$0--
RAHUL KARADSecretary/Treas-$0--
Filing and Contact Details

Filer

Filer Name
Higher Education Foundation
EIN
86-3839558
Phone
8012012683
Address
4552 S THOUSAND OAKS DR, SALT LAKE CITY, UT 84124

Signing Officer

Name
Ashok Joshi
Title
President
Signed
2024-05-08
Discuss with paid preparer
Yes

Preparer

Firm
Ross & Workman LLC
Address
9607 S Willow Trail Way, South Jordan, UT 84095
Preparer
Steven L Ross
Phone
8012549781
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.3

“| Donee's Name: GARJE MARATHI GLOBAL FOUNDATION | Donee's Address: 718 RUSTIC LANE MOUNTAIN VIEW CA 94040 | Relationship of Donee: NONE | Cash Amount Given: $5201”

Other Expenses.1001

“Advertising and Promotion $490”

Other Expenses.1002

“Office Expenses $16”

Other Expenses.1005

“Travel $7438”

Other Expenses.1

“BANK CHARGES $9”

Other Assets.1009

“Notes and Loans Receivable - Beginning $7399 Notes and Loans Receivable - Ending $0”

Raw XML Appendix158 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SALT LAKE CITY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0UT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/TREAS
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt07399
IRS990EZ/OtherExpensesTotalAmt07953
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF THE ORGANIZATION IS TO PROMOTE HIGHER EDUCATION EXCLUSIVELY FOR EDUCATIONAL, CHARITABLE, SCIENTIFIC, MEDICAL OR LITERARY PURPOSES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION ACCEPTS CONTRIBUTIONS FOR HIGHER EDUCATION AND OTHER PURPOSES RELATED TO THE ENTITY'S MISSION.IN KEEPING WITH ITS EDUCATIONAL MISSION, THE ORGANIZATION PERIODICALLY SPONSORS VISIONING WORKSHOP SUMMITS FOR UNITED STATES AND INDIA UNIVERSITY LEADERS. THESE WORKSHOPS FACILITATE AN EXCHANGE OF IDEAS TO LIFT EDUCATIONAL STANDARDS BETWEEN COUNTRIES AND TO PROMOTE HIGHER EDUCATIONAL OPPORTUNITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt08401
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt07928
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt017381
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IRS990EZ/TotalRevenueAmt0138637
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0138637
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0226152
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0800
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0365589
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0365589
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0138637
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0226152
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0800
IRS990ScheduleA/Total509Grp/TotalAmt0365589
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0226152
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0800
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0365589
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: GARJE MARATHI GLOBAL FOUNDATION | Donee's Address: 718 RUSTIC LANE MOUNTAIN VIEW CA 94040 | Relationship of Donee: NONE | Cash Amount Given: $5201
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising and Promotion $490
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Office Expenses $16
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Travel $7438
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BANK CHARGES $9
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Notes and Loans Receivable - Beginning $7399 Notes and Loans Receivable - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Assets.1009
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ASHOK JOSHI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HIGHER EDUCATION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0HIGH
ReturnHeader/Filer/EIN0863839558
ReturnHeader/Filer/PhoneNum08012012683
ReturnHeader/Filer/USAddress/AddressLine1Txt04552 S THOUSAND OAKS DR
ReturnHeader/Filer/USAddress/CityNm0SALT LAKE CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0UT
ReturnHeader/Filer/USAddress/ZIPCd084124
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0870545746
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Ross & Workman LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09607 S Willow Trail Way
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0South Jordan
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0UT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd084095
ReturnHeader/PreparerPersonGrp/PhoneNum08012549781
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Steven L Ross
ReturnHeader/ReturnTs02024-05-06T16:50:07-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ASHOK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0JOSHI
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$244,057
Liabilities
$0
Net assets
$244,057
Revenue
$138,637
Expenses
$17,381
Net income
$121,256
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.87$0.08$2.79$0.64$0.28$0.35
2023Detailed filing. Detailed filing data is available for this year.$2.44$0.00$2.44$1.39$0.17$1.21
2022Detailed filing. Detailed filing data is available for this year.$1.23$0.00$1.23$2.26$1.04$1.22
2021Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.01$0.00$0.01