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Nonprofiteer
← VNIT ALUMNI FOUNDATION OF AMERICA INC

Form 990 for tax year 2023

Filed by VNIT ALUMNI FOUNDATION OF AMERICA INC.

Totals

Total revenue
$20,805
Total expenses
$67,550
Contributions and grants received
$20,805
Grants paid
$67,000
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$3,001
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$3,001
Program services expenses (Part IX)
$67,250
Management and general expenses
$300
Fundraising expenses
$0
Program service expenses (Part III)
$67,000

Program services were 99.6% 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.

  • 1f · All other contributions, gifts and grants

    $20,805

  • 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 $67,000 · program services $67,000

  • 11c · Fees: accounting

    total $500 · program services $250 · management and general $250

  • 11g · Fees: other

    total $50 · management and general $50

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $49,746 · end of year $3,001

  • 27 · Net assets without donor restrictions

    beginning of year $49,746 · end of year $3,001

Mission and programs · 2023

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 NETWORKING OPPORTUNITIES

  • SUPPORT ALUMNI ACTIVITIES FOR BUILDING CENTER OF EXCELLENCE FOR AI and INSTITUTE FOR ENTREPRENEURSHIP.

    Expenses $67,000 · Grants $67,000 · Revenue $67,000

As filed on the 2023 return.

Listed in Part VII

  • Jagdish Desai

    DIRECTOR

    Total calculated
    $0

  • Milind S Gokarn

    DIRECTOR

    Total calculated
    $0

  • Vinita Paunikar

    DIRECTOR

    Total calculated
    $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.

Provenance

Return type
form_990
Tax year
2023
Filed
6 September 2024
IRS schema version
2023v5.1
Source object
202402509349300200

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