Civic Intelligence

Higher Education Foundation

990EZ • Fiscal year 2024 • EIN 86-3839558

Jan 01, 2024 to Dec 31, 2024 • Filed on May 02, 2025

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

70th percentile

0.03x

Higher debt load relative to assets than 70% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

0.12x

Higher debt load relative to revenue than 84% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

92nd percentile

55%

Higher net margin than 92% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

71st percentile

18%

Faster asset growth than 71% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

10th percentile

-54%

Faster revenue growth than 10% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$287,321

Up $43,264 (+18%) from 2023

Net Assets

Up

$279,458

Up $35,401 (+15%) from 2023

Liabilities

Up

$7,863

Up $7,863 from 2023

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin92nd percentile

Revenue

Down

$63,802

Down $74,835 (-54%) from 2023

Expenses

Up

$28,401

Up $11,020 (+63%) from 2023

Net Income

Down

$35,401

Down $85,855 (-71%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth71st 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

2024

Assets$287,321
Liabilities$7,863
Net Assets$279,458
Open 2024 Filing

Operations Trend

Revenue Growth10th 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

2024

Revenue$63,802
Expenses$28,401
Net Income$35,401
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 2, 2025
Return Version
2024v5.1
Gross Receipts
$63,802
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.$16,211$11,189
Compensation and Service Providers
Top Officer Pay79th 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
2025-05-02
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

Other Expenses.1001

“Advertising and Promotion $79”

Other Expenses.1005

“Travel $11110”

Other Expenses.1

“BANK CHARGES $45”

Total Liabilities.1

“NOTES PAYABLE - Beginning $0 NOTES PAYABLE - Ending $7863”

Raw XML Appendix153 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0ASHOK JOSHI
IRS990EZ/BooksInCareOfDetail/PhoneNum08012012683
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04552 S THOUSAND OAKS DR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SALT LAKE CITY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0UT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd084124
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0244057
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0287321
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt056000
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt035401
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0956
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0244057
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0287321
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt016211
IRS990EZ/GrossReceiptsAmt063802
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt07802
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0244057
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0279458
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0244057
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0279458
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ASHOK JOSHI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MAKARAND HASTAK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RAHUL KARAD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/TREAS
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt011234
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/ForeignGrantsInd0X
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt016211
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt011189
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt07863
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt028401
IRS990EZ/TotalProgramServiceExpensesAmt011189
IRS990EZ/TotalRevenueAmt063802
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt056000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0138637
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0226152
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0800
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0421589
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/PublicSupportTotal509Amt0421589
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt056000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0138637
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0226152
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0800
IRS990ScheduleA/Total509Grp/TotalAmt0421589
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt056000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0138637
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0226152
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0800
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0421589
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/ExplanationTxt0Advertising and Promotion $79
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $11110
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BANK CHARGES $45
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NOTES PAYABLE - Beginning $0 NOTES PAYABLE - Ending $7863
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Total Liabilities.1
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ASHOK JOSHI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-02
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/ReturnTs02025-05-08T11:42:23-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$287,321
Liabilities
$7,863
Net assets
$279,458
Revenue
$63,802
Expenses
$28,401
Net income
$35,401
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