Skip to content
Nonprofiteer
← INDIAN DIAMOND & COLORSTONE ASSOC INC

Form 990 for tax year 2023

Filed by INDIAN DIAMOND & COLORSTONE ASSOC INC.

Totals

Total revenue
$668,029
Total expenses
$646,253
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$655,080
Investment income
$12,949
Other revenue
$0
Total assets, end of year
$465,240
Total liabilities, end of year
$64,120
Net assets or fund balances, end of year
$401,120
Program services expenses (Part IX)
$521,169
Management and general expenses
$125,084
Fundraising expenses
$0
Program service expenses (Part III)
$521,169

Program services were 80.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: TRADE SHOWS

    total $451,500 · excluded $451,500

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $105,500 · excluded $105,500

  • 2c · Program service revenue: CONSULATE AND GALA EVE

    total $98,080 · excluded $98,080

  • 3 · Investment income

    total $12,949 · excluded $12,949

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $60,000 · management and general $60,000

  • 10 · Payroll taxes

    total $4,875 · management and general $4,875

  • 11b · Fees: legal

    total $1,075 · management and general $1,075

  • 11c · Fees: accounting

    total $3,000 · management and general $3,000

  • 13 · Office expenses

    total $8,051 · management and general $8,051

  • 16 · Occupancy

    total $18,000 · management and general $18,000

  • 22 · Depreciation, depletion and amortization

    total $85 · management and general $85

  • 23 · Insurance

    total $5,408 · management and general $5,408

  • 24a · Other expenses: TRADE SHOWS

    total $332,588 · program services $332,588

  • 24b · Other expenses: EVENT SPONSOR

    total $181,081 · program services $181,081

  • 24c · Other expenses: CREDIT CARD CHARGES

    total $12,196 · management and general $12,196

  • 24d · Other expenses: DIRECTORY PRINTING AND

    total $7,500 · program services $7,500

  • 24e · All other expenses

    total $12,394 · management and general $12,394

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $0 · end of year $0

  • 2 · Savings and temporary cash investments

    beginning of year $133,365 · end of year $150,136

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,668 · end of year $1,769

  • 10a · Land, buildings and equipment: cost or other basis

    $19,804

  • 10b · Land, buildings and equipment: accumulated depreciation

    $19,712

  • 10c · Land, buildings and equipment, net

    beginning of year $177 · end of year $92

  • 12 · Investments: other securities

    beginning of year $296,616 · end of year $313,243

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,867 · end of year $5,120

  • 19 · Deferred revenue

    beginning of year $48,700 · end of year $59,000

  • 27 · Net assets without donor restrictions

    beginning of year $378,259 · end of year $401,120

Mission and programs · 2023

Mission

MAKE MEMBERS AWARE OF CURRENT TRENDS, DEVELOPMENTS AND ISSUES FACING THE INDUSTRY.

  • TRADE SHOWS EXHIBITIONS

    Expenses $332,588 · Revenue $451,500

  • MEMBER DIRECTORY PRINTING

    Expenses $7,500

  • CONSULATE AND GALA EVENT

    Expenses $181,081 · Revenue $98,080

As filed on the 2023 return.

Listed in Part VII

  • SHAILESH JHALANI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • NIMISH MEHTA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • KAILASH RAWAT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • AKSHAT SANGHAVI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • ANSHAL SHAH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • KUNAL SHAH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • VISHAL SHAH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • JIHAN VAGHASHIYA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • HARIDAS KOTAHWALA

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0

  • ANIKET PARIKH

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0

  • MANOJ BHANDARI

    SECRETARY

    Total calculated
    $0
    Hours/week
    0

  • NAVNEET CHORDIA

    TREASURER

    Total calculated
    $0
    Hours/week
    0

  • VIBHOR SARAF

    JOINT SECRETARY

    Total calculated
    $0
    Hours/week
    0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
9 May 2024
IRS schema version
2023v5.0
Source object
202411359349307856

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.