India Foundation EIN 20-0416710

India Foundation FY2020 filing

Not yet claimed Claim this org →

Provides healthcare and education to those in need. For fiscal year 2020 it reported $411K in revenue, $23K in expenses, and $1.2M in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Hope Mills, NC
Filings
6 on file (2020–2020)
Revenue
$411KFY2020
Expenses
$23K
Net assets
$1.2M
People
4
Filings
6
Updates
0
More identity details & actions ⌄
EIN  20-0416710 Public charity (501(c)(3)) Hope Mills, NC
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until India Foundation claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Provides healthcare and education to those in need.
Leadership
Ashok Jain · President
Money in and out
$411K revenue, $23K expenses
Bottom line
97% program efficiency
Where the money goes · FY2020
Total revenue
$411K
Pt VIII · Ln 12
Total expenses
$23K
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $388K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Program efficiency
97%
of spending reaches programs
Operating runway
637.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+94%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$411K
FY2020
Expenses
$23K
FY2020
Total assets
$1.2M
FY2020
Total liabilities
$853
FY2020
Total revenue
$411K
Pt VIII · Ln 12
Total expenses
$23K
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$388K
Total assetsPt X · Ln 16$1.2M
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

3 program services account for $22K of program spending, described in the organization's own filed words · FY2020.
01

Healthcare

$16Kprogram expense
02

Pandemic Food Drive

$5Kprogram expense
03

Education and Sports for the Needy

$822program expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CIndia Foundation
EINHdr · item D20-0416710
Principal addressHdr · item CHope Mills, NC
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFJul 2006

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
See India Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants100%$411K
Total revenueLn 12$411K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$22K
Management & general3%$621
Total functional expensesLn 25$23K

Balance Sheet

Part X · end of year
CashLn 1$1.2M
Total assetsLn 16$1.2M
Total liabilitiesLn 26$853
Total net assetsLn 32$1.2M
Months of cash on handcomputed637.2

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.2M · Operating expenses/yr $23K
637.2 months
Where the money goes
Program services
Program services $22K · Total expenses $23K
97%
Management & General
Management & general $621 · Total expenses $23K
3%
Fundraising
Fundraising $0 · Total expenses $23K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $411K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $411K · Total revenue $411K
100%
Government reliance
Government grants — · Total revenue $411K
Earned-income share
Program service revenue $0 · Total revenue $411K
0%
Investment reliance
Investment income $0 · Total revenue $411K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $23K
0%
Growth & trend
Revenue growth (YoY)
This year $411K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $1.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $411K · Expenses $23K
+94%
Liabilities-to-Assets
Total liabilities — · Total assets $1.2M
Net-asset ratio
Net assets $1.2M · Total assets $1.2M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.2M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ashok Jain · Reported title President · Highest reported compensation $0 · Total expenses $23K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $23K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 3%
Fundraising cost ratio 0%
Legal fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$10K

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$0 revenue · ⤓ 990 PDF
FY2024$250K revenue · ⤓ 990 PDF
FY2023$329 revenue · ⤓ 990 PDF
FY2022$410K revenue · ⤓ 990 PDF
FY2021$1K revenue · ⤓ 990 PDF
FY2020$411K revenue · viewing · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.