Pragati INC EIN 22-4209016 Form 990 (PDF) Claim this org

Pragati INC

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Promotes Bengali heritage through cultural events in Pennsylvania, Delaware, and New Jersey. For fiscal year 2025 it reported $123K in revenue, $130K in expenses, and $63K in net assets.Pt I

Founded
1978
Type
Public charity (501(c)(3)) · Nonprofit
Location
Exton, PA
Website
www.pragati.org
Filings
6 on file (2020–2025)
Revenue
$123KFY2025
Expenses
$130K
Net assets
$63K
People
6
Filings
6
Updates
0
More identity details & actions ⌄
EIN  22-4209016 Public charity (501(c)(3)) Exton, PA Founded 1978
Form 990 (PDF)
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Size
$100K–1M
What they do
Promotes Bengali heritage through cultural events in Pennsylvania, Delaware, and New Jersey.
Leadership
Jayeeta Biswas · Treasurer
Money in and out
$123K revenue, $130K expenses
Bottom line
93% program efficiency
Where the money goes · FY2025
Total revenue
$123K
Pt VIII · Ln 12
Total expenses
$130K
Pt IX · Ln 25
Net assets
$63K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$7K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.07
Program efficiency
93%
of spending reaches programs+0.1% vs prior filing year
Operating runway
5.6mo
months of highly liquid reserves at operating expense rate▼ -28% vs prior filing year
Surplus margin
-5%
revenue over expenses, this year▼ -183% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$123K
FY2025▲ +13%
Expenses
$130K
FY2025▲ +27%
Total assets
$63K
FY2025▼ -9%
Total liabilities
$0
FY2025
Total revenue
$123K
Pt VIII · Ln 12
Total expenses
$130K
Pt IX · Ln 25
Net assets
$63K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$7K
Total assetsPt X · Ln 16$63K
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2025.
01

Invited people of all origin to join in holy celebration of religious program and develope harmony among people of all religion

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPragati INC
EINHdr · item D22-4209016
Principal addressHdr · item CExton, PA
WebsiteHdr · item Jwww.pragati.org
Year of formationHdr · item L1978
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFSep 1985

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue100%$123K
Total revenueLn 12$123K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.07
Program services93%$121K
Management & general7%$9K
Total functional expensesLn 25$130K

Balance Sheet

Part X · end of year
CashLn 1$61K
Total assetsLn 16$63K
Total liabilitiesLn 26$0
Total net assetsLn 32$63K
Months of cash on handcomputed5.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $61K · Operating expenses/yr $130K
5.6 months
Where the money goes
Program services
Program services $121K · Total expenses $130K
93%
Management & General
Management & general $9K · Total expenses $130K
7%
Fundraising
Fundraising $0 · Total expenses $130K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $123K
0%
Government reliance
Government grants — · Total revenue $123K
Earned-income share
Program service revenue $123K · Total revenue $123K
100%
Investment reliance
Investment income $0 · Total revenue $123K
0%
Program self-sufficiency
Program service revenue $123K · Total expenses $130K
95%
Growth & trend
Revenue growth (YoY)
This year $123K · Prior year $109K
+13%
Net-asset trend (YoY)
End of year $63K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $123K · Expenses $130K
-5%
Liabilities-to-Assets
Total liabilities — · Total assets $63K
Net-asset ratio
Net assets $63K · Total assets $63K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $63K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jayeeta Biswas · Reported title TREASURER · Highest reported compensation $0 · Total expenses $130K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2K · Total expenses $130K
1%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 93%
Overhead ratio 7%
Revenue growth 13%

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.

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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)$123K revenue · viewing · ⤓ 990 PDF
FY2024$109K revenue · ⤓ 990 PDF
FY2023$133K revenue · ⤓ 990 PDF
FY2022$121K revenue · ⤓ 990 PDF
FY2021$36K revenue · ⤓ 990 PDF
FY2020$20K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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