Totals
- Total revenue
- $2,554,153
- Total expenses
- $2,566,080
- Contributions and grants received
- $2,440,857
- Grants paid
- $2,444,957
- Program service revenue
- $0
- Investment income
- $113,296
- Other revenue
- $0
- Total assets, end of year
- $2,110,571
- Total liabilities, end of year
- $5,000
- Net assets or fund balances, end of year
- $2,105,571
- Program services expenses (Part IX)
- $2,557,817
- Management and general expenses
- $8,263
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,557,817
Program services were 99.7% 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
$2,440,857
-
3 · Investment income
total $113,296 · related or exempt $113,296
Functional expenses
Part IX, the statement of functional expenses.
-
3 · Grants to foreign organizations and individuals
total $2,444,957 · program services $2,444,957
-
11b · Fees: legal
total $36,200 · program services $36,200
-
12 · Advertising and promotion
total $63,910 · program services $63,910
-
16 · Occupancy
total $3,000 · management and general $3,000
-
23 · Insurance
total $500 · management and general $500
-
24a · Other expenses: BANK CHARGES & FEES
total $3,689 · management and general $3,689
-
24b · Other expenses: SOFTWARE SUBSCRIPTION
total $12,750 · program services $12,750
-
24c · Other expenses: UTILITIES
total $180 · management and general $180
-
24e · All other expenses
total $894 · management and general $894
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $175,726 · end of year $164,824
-
4 · Accounts receivable
end of year $455,576
-
9 · Prepaid expenses and deferred charges
beginning of year $250 · end of year $22,750
-
12 · Investments: other securities
beginning of year $1,304,315 · end of year $1,467,421
-
17 · Accounts payable and accrued expenses
beginning of year $15
-
19 · Deferred revenue
end of year $5,000
-
31 · Retained earnings, endowment or other funds
beginning of year $1,480,276 · end of year $2,105,571
Mission and programs · 2023
Mission
TO BRING ABOUT A TRANSFORMATION IN THE LIVES OF BRILLIANT BUT FINANCIALLY NEEDY STUDENTS IN INDIA.THE MISSION IS ACCOMPLISHED BY PROVIDING FINANCIAL ASSISTANCE TO ENABLE STUDENTS TO CONTINUE AND COMPLETE THEIR HIGHER PROFESSIONAL EDUCATION IN INDIA.
-
TO BRING ABOUT A TRANSFORMATION IN THE LIVES OF BRILLIANT BUT FINANCIALLY NEEDY STUDENTS IN INDIA. THE MISSION IS ACCOMPLISHED BY PROVIDING FINANCIAL ASSISTANCE TO ENABLE STUDENTS TO CONTINUE AND COMPLETE THEIR HIGHER PROFESSIONAL EDUCATION.
Expenses $2,557,817 · Grants $2,444,957 · Revenue $2,554,153
As filed on the 2023 return.
Listed in Part VII
-
Darshan BhattDARSHAN BHATT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Arjun BhagatARJUN BHAGAT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Ram G GuptaRAM G GUPTA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Ashutosh AmanASHUTOSH AMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Ranjit KagathiRANJIT KAGATHI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Nimal BaidNIMAL BAID
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Sudha KidaoSUDHA KIDAO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Sanjaya KumarSANJAYA KUMAR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Sarosh D KumanaSAROSH D KUMANA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Prabhu GoelPRABHU GOEL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Venkatesh ShuklaVENKATESH SHUKLA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Raj ShahRAJ SHAH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Anil KumarANIL KUMAR
EXECUTIVE SECRETARY
- Total calculated
- $0
- Hours/week
- 0
-
Minoo GuptaMINOO GUPTA
PRESIDENT
- 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
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.
-
FOUNDATION FOR EXCELLENCE INDIA
SCHOARSHIPS TO DESERVING STUDENTS · IN
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202510449349300521
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.