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Nonprofiteer
← VNIT ALUMNI FOUNDATION OF AMERICA INC

Form 990 for tax year 2024

Filed by VNIT ALUMNI FOUNDATION OF AMERICA INC.

Totals

Total revenue
$295,742
Total expenses
$223,410
Contributions and grants received
$295,742
Grants paid
$214,968
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$77,200
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$77,200
Program services expenses (Part IX)
$216,836
Management and general expenses
$0
Fundraising expenses
$6,574
Program service expenses (Part III)
$214,968

Program services were 97.1% 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.

  • 1f · All other contributions, gifts and grants

    $295,742

  • 8c · Net income from fundraising events

    total $0

Functional expenses

Part IX, the statement of functional expenses.

  • 3 · Grants to foreign organizations and individuals

    total $214,968 · program services $214,968

  • 13 · Office expenses

    total $500 · program services $500

  • 14 · Information technology

    total $1,368 · program services $1,368

  • 19 · Conferences, conventions and meetings

    total $6,574 · fundraising $6,574

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,001 · end of year $76,806

  • 2 · Savings and temporary cash investments

    end of year $394

  • 27 · Net assets without donor restrictions

    beginning of year $3,001 · end of year $77,200

Mission and programs · 2024

Mission

PROMOTE EDUCATIONAL, CULTURAL AND ALUMNI EVENTS FOR ALUMNI OF VNIT UNIVERSITY TO PROMOTE SOCIAL AND NETWORKING OPPORTUNITIES TO ENABLE ALUMNI HELP EACH OTHER.

Activities or mission (Part I)

PROMOTE EDUCATIONAL CULTURAL AND ALUMNI EVENTS FOR ALUMNI OF VNIT UNIVERSITY TO ENABLE BUSINESS AND CAREER OPPORTUNITIES

  • FOR A DEVELOPMENT OF A STUDENT AND ALUMNI CENTER AT MAIN CAMPUS OF VNIT, NAGPUR. TO ENABLE STUDENTS AND ALUMNI TO ENGAGE WITH INDUSTRY IN PROFESSIONAL SETTINGS.

    Expenses $214,968 · Grants $214,968 · Revenue $222,500

As filed on the 2024 return.

Listed in Part VII

  • Jagdish Desai

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Milind S Gokarn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Vinita Paunikar

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Venkat Mukkamala

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Harshad G Khadilkar

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.2
Source object
202503179349304660

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

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