Jd Sheth Foundation INC EIN 47-4129062 Form 990 (PDF) Claim this org

Jd Sheth Foundation INC

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Improves education, health, and well-being for children and the elderly worldwide. For fiscal year 2025 it reported $451K in revenue, $519K in expenses, and $536K in net assets.Pt I

Founded
2015
Type
Public charity (501(c)(3)) · Unclassified
Location
Evansville, IN
Website
www.jdshethfoundation.org
Filings
5 on file (2021–2025)
Revenue
$451KFY2025
Expenses
$519K
Net assets
$536K
People
9
Filings
5
Updates
0
More identity details & actions ⌄
EIN  47-4129062 Public charity (501(c)(3)) Evansville, IN Founded 2015
Form 990 (PDF)
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Size
$100K–1M
What they do
Improves education, health, and well-being for children and the elderly worldwide.
Leadership
Paul Green · General Board Member
Money in and out
$451K revenue, $519K expenses
Bottom line
90% program efficiency
Where the money goes · FY2025
Total revenue
$451K
Pt VIII · Ln 12
Total expenses
$519K
Pt IX · Ln 25
Net assets
$536K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$68K
Where spending went · Part IX cols B–D
Program services $0.90 Management & general $0.08 Fundraising $0.01
Program efficiency
90%
of spending reaches programs▲ +4% vs prior filing year
Operating runway
13.8mo
months of highly liquid reserves at operating expense rate▼ -25% vs prior filing year
Surplus margin
-15%
revenue over expenses, this year▲ +83% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$451K
FY2025▲ +83%
Expenses
$519K
FY2025▲ +13%
Total assets
$541K
FY2025▼ -11%
Total liabilities
$6K
FY2025▲ +198%
Total revenue
$451K
Pt VIII · Ln 12
Total expenses
$519K
Pt IX · Ln 25
Net assets
$536K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$68K
Total assetsPt X · Ln 16$541K
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CJd Sheth Foundation INC
EINHdr · item D47-4129062
Principal addressHdr · item CEvansville, IN
WebsiteHdr · item Jwww.jdshethfoundation.org
Year of formationHdr · item L2015
State of legal domicileHdr · item MIN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFUnclassified (Z99)
Ruling yearIRS BMFJul 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
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
General Board Member
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Event Coordinator
$0Pt VII · Sec A
General Board Member
$0Pt VII · Sec A
Fundraiser
$0Pt VII · Sec A
General Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $396K of program spending, described in the organization's own filed words · FY2025.
01

Jd Sheth Foundation's Affordable Housing for All

Warrick county buildjd sheth constructed a three-bedroom, two-bath house in boonville, in in 2025 as part of our affordable housing for all program. The majority of the construction was completed in 2025, with the final landscaping and sewer hookup done in early 2026.

$181Kprogram expense
02

JD sheth foundation's weatherization enhancement programjd sheth continued it's work on our weatherization enhancement program in 2025. Thanks to a 2023 grant from the city of evansville, we partnered with centerpoint energy to enhance their current neighborhood weatherization program for low-income homeowners within the city of…

$157Kprogram expense
03

JD sheth foundation's neighborhood revitalization programjd sheth expanded on our weatherization enhancement program to include additional repairs for blight prevention in vanderburgh, posey, warrick, and gibson counties. We completed 16 repairs for 10 households.

$58Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$491K · 109%
Investment income$19K · 4%
Contributions & grants109%$491K
Investment income4%$19K
— government grantsLn 1e$155K
Total revenueLn 12$451K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.08 Fundraising $0.01
Program services90%$470K
Management & general8%$42K
Fundraising1%$7K
Total functional expensesLn 25$519K

Balance Sheet

Part X · end of year
CashLn 1$526K
Total assetsLn 16$541K
Total liabilitiesLn 26$6K
Total net assetsLn 32$536K
Months of cash on handcomputed12.2

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $526K · Operating expenses (Pt IX) $519K · Less non-cash grants $63K · Cash operating expenses/yr $456K
13.8 months
Where the money goes
Program services
Program services $470K · Total expenses $519K
90%
Management & General
Management & general $42K · Total expenses $519K
8%
Fundraising
Fundraising $7K · Total expenses $519K
1%
Cost to raise $1
Fundraising expense (3-yr avg) $4K · Solicited contributions (3-yr avg) $247K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $491K · Total revenue $451K
109%
Government reliance
Government grants $155K · Total revenue $451K
34%
Earned-income share
Program service revenue $0 · Total revenue $451K
0%
Investment reliance
Investment income $19K · Total revenue $451K
+4%
Program self-sufficiency
Program service revenue $0 · Total expenses $519K
0%
Growth & trend
Revenue growth (YoY)
This year $451K · Prior year $246K
+83%
Revenue CAGR
FY2021 $96K · FY2025 $451K
+47%
Net-asset trend (YoY)
End of year $536K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $451K · Expenses $519K
-15%
Liabilities-to-Assets
Total liabilities — · Total assets $541K
Net-asset ratio
Net assets $536K · Total assets $541K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $541K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Paul Green · Reported title GENERAL BOARD MEMBER · Highest reported compensation $0 · Total expenses $519K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $38K · Total expenses $519K
7%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 90%
Overhead ratio 8%
Fundraising cost ratio 1%
Revenue growth 83%

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 · received and paid
Grants received · FY2024
See all 6 funders →
Grants paid · 14 grants · $177K · 2022–2025
Easterseals Rehabilition CenterFY2025$10,000
Immigrant Welcome & Resource CenterFY2025$9,929
Hand in Hand MinistriesFY2024$19,200
Echo Housing & Community DevelopmentFY2024$10,000
Evsc Foundation INCIN · FY2024$10,000
Imani Milele Children INCFL · FY2023$23,472
Amani Partners KenyaIN · FY2023$12,855
Children's Museum of EvansvilleFY2023$12,500
Evsc Foundation INCIN · FY2023$10,000
Hand in Hand MinistriesFY2023$8,000
Ark Crisis Childrens CenterFY2023$5,783
Imani Milele Children INCFL · FY2022$26,867

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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)$451K revenue · viewing · ⤓ 990 PDF
FY2024$246K revenue · ⤓ 990 PDF
FY2023$961K revenue · ⤓ 990 PDF
FY2022$431K revenue · ⤓ 990 PDF
FY2021$96K 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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