Totals
- Total revenue
- $3,753,351
- Total expenses
- $2,851,852
- Contributions and grants received
- $3,089,100
- Grants paid
- $0
- Program service revenue
- $455,472
- Investment income
- $208,779
- Other revenue
- $0
- Total assets, end of year
- $3,401,227
- Total liabilities, end of year
- $52,269
- Net assets or fund balances, end of year
- $3,348,958
- Program services expenses (Part IX)
- $2,254,809
- Management and general expenses
- $399,367
- Fundraising expenses
- $197,676
- Program service expenses (Part III)
- $2,254,809
Program services were 79.1% 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.
-
1b · Membership dues
$2,891,661
-
1f · All other contributions, gifts and grants
$197,439
-
2a · Program service revenue: IFG contribution
total $455,472 · related or exempt $455,472
-
3 · Investment income
total $208,779 · excluded $208,779
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $1,342,579 · program services $1,018,161 · management and general $166,597 · fundraising $157,821
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $93,099 · program services $71,799 · management and general $6,200 · fundraising $15,100
-
8 · Pension plan contributions
total $16,223 · program services $16,223
-
9 · Other employee benefits
total $39,393 · program services $39,393
-
10 · Payroll taxes
total $102,712 · program services $79,916 · management and general $11,933 · fundraising $10,863
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $196,617 · program services $153,120 · management and general $43,497
-
11c · Fees: accounting
total $17,850 · management and general $17,850
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $235 · management and general $235
-
12 · Advertising and promotion
total $9,140 · program services $2,168 · management and general $6,972
-
13 · Office expenses
total $5,429 · program services $4,514 · management and general $915
-
14 · Information technology
total $23,181 · program services $21,730 · management and general $1,451
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $192,060 · program services $189,329 · management and general $2,731
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $9,000 · management and general $9,000
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $817 · management and general $817
-
24a · Other expenses: Event Expense
total $613,930 · program services $602,127 · management and general $11,803
-
24b · Other expenses: Donation expenses
total $101,816 · program services $4,316 · management and general $97,500
-
24c · Other expenses: Payroll fees
total $59,922 · program services $45,616 · management and general $14,306
-
24d · Other expenses: BANK CHARGE
total $13,913 · management and general $21 · fundraising $13,892
-
24e · All other expenses
total $13,936 · program services $6,397 · management and general $7,539
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $367,468 · end of year $1,003,594
-
2 · Savings and temporary cash investments
beginning of year $2,152,434 · end of year $2,396,332
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $1,300 · end of year $1,301
-
17 · Accounts payable and accrued expenses
beginning of year $29,800 · end of year $8,325
-
25 · Other liabilities
beginning of year $43,943 · end of year $43,944
-
27 · Net assets without donor restrictions
beginning of year $2,447,459 · end of year $3,348,958
Mission and programs · 2024
Mission
TRANSFORMING THE SUCCESS OF THE INDIAN DIASPORA INTO MEANINGFUL IMPACT WORLDWIDE.
-
Other EXpenses
Expenses $1,929,956
-
IFG THE FORUM FOR GOOD WAS A MULTI-DAY EVENT THAT CONVENED TO 500 LEADERS AND 140 SPEAKERS FROM 34 COUNTRIES TO DISCUSS VARIOUS TOPICS INCLUDING RESPONSIBLE AI, CLIMATE RESILIENCE, HEALTHCARE INNOVATIONS, GEOPOLITICS, TRADE, ACADEMIA, PHILANTHROPY, SPORTS, ARTS, AND MUCH MORE. THE INAUGURAL IFG THEME, NEW MODELS FOR THE WORLD, WAS DESIGNED TO DEVELOP SOLUTIONS FOR HUMANITYS MOST PRESSING ISSUES AND CREATE A LEGACY FOR FUTURE GENERATIONS. HOSTED IN ABU DHABI AND DUBAI, THE FORUM FEATURED TED-STYLE TALKS, FIRESIDE CHATS, GROUP DIALOGUES, ACTIVITIES, WELLNESS SESSIONS, AND NETWORKING DINNERS.
Expenses $158,657 · Revenue $455,472
-
AI SUMMITS INDIASPORA HOSTED BEYOND BUZZWORDS: CAN AI BE A FORCE FORGOOD? ON APRIL 26TH, 2024 FEATURING 50+ SPEAKERS WHO ARE LEADING FIGURES IN THE TECHNOLOGY SPACE. THE EVENT SERVED AS A HUB FOR MEANINGFUL DISCUSSIONS, INSIGHTFUL PRESENTATIONS, AND INTERACTIVE DISCUSSIONS, WHERE PARTICIPANTS FROM DIVERSE BACKGROUNDS COULD COME TOGETHER TO SHARE IDEAS, BEST PRACTICES, AND REAL-WORLD APPLICATIONS OF AI FOR SOCIAL GOOD.FROM ENHANCING ACCESS TO EDUCATION AND HEALTHCARE TO PROMOTING ENVIRONMENTAL SUSTAINABILITY AND COMBATING INEQUALITY, OUR SPEAKERS DELVED INTO WAYS TO EXAMINE HOW AI-CENTERED SOLUTIONS CAN DRIVE MEANINGFUL CHANGE AND FOSTER A MORE EQUITABLE AND SUSTAINABLE FUTURE FOR ALL.INDIASPORA HOSTED THE SECOND SUMMIT, AI 2.0: RE-IMAGINING AI ON OCTOBER 11, 2024, BUILDING ON THE MOMENTUM FROM THE INAUGURAL EVENT IN APRIL. GIVEN THE BREAKNECK PACE OF AI ADVANCEMENT, INDIASPORA RECONVENED SOME OF THE WORLD'S LEADING AI MINDS AND ENTREPRENEURS IN THE HEART OF SILICON VALLEY TO PROVIDE FRESH INSIGHTS AND ANALYSIS ON THE TRAJECTORY OF ARTIFICIAL INTELLIGENCE.THIS COMPREHENSIVE SUMMIT BROUGHT TOGETHER INDUSTRY VISIONARIES TO EXPLORE CRITICAL TOPICS SHAPING OUR AI-DRIVEN FUTURE, INCLUDING AI INFRASTRUCTURE DEVELOPMENT, REGULATORY FRAMEWORKS, AUTONOMOUS AI AGENTS, CYBERSECURITY IMPLICATIONS, AND INNOVATIVE MARKETING APPLICATIONS, AMONG OTHER PIVOTAL AREAS OF DISCUSSION.
Expenses $93,264
-
IMPACT REPORT LAUNCH: INDIASPORA IN CONJUNCTION WITH THE BOSTON CONSULTING GROUP, RELEASED ITS FIRST REPORT, SMALL COMMUNITY, BIG CONTRIBUTIONS, BOUNDLESS HORIZONS: THE INDIAN DIASPORA IN THE UNITED STATES WHICH WAS LAUNCHED IN WASHINGTON, DC, SAN FRANCISCO, AND NEW DELHI, INDIA. THIS REPORT CELEBRATED THE REMARKABLE ACHIEVEMENTS OF INDIAN AMERICANS, BOTH IN THE US AND THEIR CONTRIBUTIONS TO INDIA, WHILE ALSO DEMONSTRATING THEIR TREMENDOUS IMPACT ON SOCIETY.
Expenses $72,932
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Sanjeev Y JoshipuraSANJEEV Y JOSHIPURA
EXECUTIVE DIR.
- Total calculated
- $300,500
- From this org
- $300,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $300,500
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $300,500
-
Neha DewanNEHA DEWAN
VICE PRESIDENT
- Total calculated
- $210,711
- From this org
- $210,711
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $210,711
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $210,711
-
Shoba ViswanathanSHOBA VISWANATHAN
VICE PRESIDENT
- Total calculated
- $183,500
- From this org
- $183,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $183,500
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $183,500
-
Manasi DhameMANASI DHAME
DIRECTOR
- Total calculated
- $153,000
- From this org
- $153,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $153,000
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $153,000
-
Madhavan RangaswamiMADHAVAN RANGASWAMI
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 100 + 5 related
-
Rajan NavaniRAJAN NAVANI
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 40
-
Priya NatarajanPRIYA NATARAJAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 25
-
Sejal HathiSEJAL HATHI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Arun KumarARUN KUMAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 35
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 2 · Substantiation required before reimbursing expenses
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Part I, Line 7: Non-Fixed payments not listed above
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
SHG FOUNDATION
501 (C) (3) · EDUCATION · CA
Directly controlled by NA
-
INDIASPORA SERVICE PVT LTD
PROGRAMS / EVENT · IN
Directly controlled by NA
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
SAND HILL GROUP LLC
CONSULTING · CA
Directly controlled by NA
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
INDIASPORA SERVICES PVT LTD
C CORP · PROGRAMS / EVENT · IN · 99.99% owned · controlled entity
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 25 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503299349300600
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