Jhumki Basu Foundation

Tax-deductible

Saratoga, CA501(c)(3)Since 2009Youth DevelopmentEIN 30-0591093

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Objectives are to discover, nurture, and spread innovative and sustainable programs for democratizing science education.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average surplus $10K a year · 4% of revenue · last 6 filings
Worth a look: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
28 mo
of spending, in cash
Looks good: 27.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $22K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$5K
12% of total assets
Looks good: liabilities are 12% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 5 voting members
Looks good: 4 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$88K
+460% vs prior year
Spent
$10K
To programs
100%
Net assets
$36K
By yearFY2020–FY2025
Revenue
$88K
FY2025▲ +460%
Revenue by fiscal year
FY2020$1.4M
FY2021$31K
FY2022$151K
FY2023$13K
FY2024$123K
FY2025$16K
FY2025$88K
Expenses
$10K
FY2025▲ +622%
Expenses by fiscal year
FY2020$365K
FY2021$540K
FY2022$369K
FY2023$211K
FY2024$149K
FY2025$1K
FY2025$10K
Net assets
$36K
FY2025▼ -76%
Net assets by fiscal year
FY2020$1.0M
FY2021$508K
FY2022$289K
FY2023$92K
FY2024$146K
FY2025$147K
FY2025$36K

From the FY2025 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2010.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $10K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
Executive Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Jhumki Basu Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Discover, nurture, and spread innovative programs democratizing science education.

Provided by the organization

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1 program service account for $10K of program spending, described in the organization's own filed words · FY2025.
01

Jhumki basu foundation continued its work in bringing equity in science education to underserved schools in new york city and boston. Its fellowship program drew its thirty-second cohort of science teachers who work with at-risk youth and immerse them in inclusive teaching techniques to engage more students in science with a view to…

$10Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2020
Total grants receivedfrom 2 funders$22K
Grants paid · 7 grants · $1.2M · 2019–2023
Unitemized GrantFY2023$99,845
Unitemized GrantFY2022$142,002
Unitemized GrantFY2021$258,009
Unitemized GrantFY2020$350,916
Boston College TrusteesMA · FY2020$51,567
Kipp Texas INCTX · FY2020$4,000
Unitemized GrantFY2019$263,950

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$88K
Ln 12
Investment incomeLn 3$71K
Gifts and grantsLn 1h$16K
Money outPt IX
$10K
Ln 25
Programscol B$10K
Owns and owesPt X
$36K
net assets · Ln 32
Cash and savingsLn 1–2$23K
Total assetsLn 16$41K
LiabilitiesLn 26$5K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$16K
Investment incomeLn 3$71K
Gains on assetsLn 7$70K
Total revenueLn 12$88K
Assets in detailPt X, end of year
CashLn 1$23K
Cash and savings togetherLn 1–2$23K
InvestmentsLn 11–13$17K
Total assetsLn 16$41K
LiabilitiesLn 26$5K
Net assetsLn 32$36K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$17K$23K
InvestmentsLn 11–13$130K$17K
Total assetsLn 16$147K$41K
LiabilitiesLn 26$0$5K
Net assetsLn 32$147K$36K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$5$5
InterestLn 20$516$516
Other expenses (24a–d)Ln 24$10K$10K
Total functional expensesLn 25$10K$10K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 $16K$1K$14K$147K 990 PDF
FY2024 $123K$149K−$26K$146K 990 PDF
FY2023 $13K$211K−$198K$92K 990 PDF
FY2022 $151K$369K−$218K$289K 990 PDF
FY2021 $31K$540K−$509K$508K 990 PDF
FY2020 $1.4M$365K$1000K$1.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $87,564 across 5 lines filed
VIII-1f All other contributions, gifts and grants$16,312
VIII-1h Total contributions, gifts and grants$16,312
VIII-3 Investment incomeExcluded from tax $1,051$1,051
VIII-7 Net gain or loss on sales of assetsExcluded from tax $70,201$70,201
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $71,252$87,564
Part IX · Statement of functional expenses $10,171 across 3 lines filed
IX-11c Accounting feesPrograms $5$5
IX-20 InterestPrograms $516$516
IX-24 Other expenses (24a–d)Programs $9,650$9,650
IX-25 Total functional expensesPrograms $10,171 · Management $0 · Fundraising $0$10,171
Part X · Balance sheet $40,738 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $17,165$23,306
X-12 Other securitiesStart of year $129,835$17,432
X-16 Total assetsStart of year $147,000$40,738
X-25 Other liabilitiesStart of year $0$5,000
X-26 Total liabilitiesStart of year $0$5,000
X-32 Total net assets or fund balancesStart of year $147,000$35,738
X-33 Total liabilities and net assetsStart of year $147,000$40,738
Part XI · Reconciliation of net assets $35,738 net assets at year end
XI-1 Total revenue$87,564
XI-2 Total expenses$10,171
XI-3 Revenue less expenses$77,393
XI-4 Net assets at start of year$147,000
XI-5 Net unrealized gains (losses) on investments−$188,655
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$35,738

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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