Jd Sheth Foundation INC FY2024 filing

Tax-deductible

Evansville, IN501(c)(3)Since 2015UnclassifiedEIN 47-4129062Revenue $246K in FY2024

On file with the IRSjdshethfoundation.orgPo Box 195, 47702-0195 · Evansville, INTax-exempt since Jul 2015Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

The Jd Sheth Foundation is a project to project based organization focusing on the education, health, and well being of others, specifically children and the elderly, here in the united states and across the globe.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · 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 4
filings with a surplus
Average surplus $114K a year · 22% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
16 mo
of spending, in cash
Looks good: 15.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $64K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$2K
0.3% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$246K
-74% vs prior year
Spent
$461K
To programs
87%
Net assets
$604K
By yearFY2021–FY2025
Revenue
$246K
FY2024▼ -74%
Tap a bar for its year
Revenue by fiscal year
FY2021$96K
FY2022$431K
FY2023$961K
FY2024$246K
FY2025$451K
Expenses
$461K
FY2024▲ +36%
Tap a bar for its year
Expenses by fiscal year
FY2021Not on file
FY2022$313K
FY2023$339K
FY2024$461K
FY2025$519K
Net assets
$604K
FY2024▼ -26%
Tap a bar for its year
Net assets by fiscal year
FY2021$78K
FY2022$196K
FY2023$818K
FY2024$604K
FY2025$536K

From the FY2024 Form 990 · see the original

Give Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2015.

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

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $400K Management & general 12% · $56K Fundraising 1% · $5K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
General Board Member
$0Pt VII · Sec A
Interim Treasurer
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Event Coordinator
$0Pt VII · Sec A
General Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
See Jd Sheth Foundation INC executive salaries →

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

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Improves education, health, and well-being for children and the elderly worldwide.

Questions for Jd Sheth Foundation INC

Tap to ask. Jd Sheth Foundation INC sees how many people are interested.

Your first name shows with your question. Jd Sheth Foundation INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $323K · in their own filed words · FY2024
01

JD sheth foundation's weatherization enhancement programthanks to a 2023 grant from the city of evansville, JD sheth foundation partnered with centerpoint energy to enhance their current neighborhood weatherization program for low-income homeowners within the city of evansville.

$245Kprogram expense
02

Boys & girls club of evansvillejd sheth partnered with the boys & girls club of evansville to fund an addition to their current playground, making it an inclusive sensory playground for children. The new equipment includes music panels, climbing domes, and varying height climbers that are designed for children of all abilities.

$39Kprogram expense
03

JD sheth foundation's beautify the block projectbeautify the block is a JD sheth initiative to revitalize the city blocks in which we build homes as part of our affordable housing for all program. JD sheth completed infrastructure upgrades to two owner-occupied homes on the block of our recent home of the brave project.

$38Kprogram expense

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 · 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

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$246K
Ln 12
Gifts and grantsLn 1h$240K
Investment incomeLn 3$24K
Money outPt IX
$461K
Ln 25
Programscol B$400K
Managementcol C$56K
Fundraisingcol D$5K
Owns and owesPt X
$604K
net assets · Ln 32
Cash and savingsLn 1–2$605K
Total assetsLn 16$605K
LiabilitiesLn 26$2K
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$240K
Noncash giftsLn 1g$66K
Fundraising eventsLn 1c$49K
Investment incomeLn 3$24K
Gains on assetsLn 7$6K
Total revenueLn 12$246K
Assets in detailPt X, end of year
CashLn 1$149K
SavingsLn 2$457K
Cash and savings togetherLn 1–2$605K
Total assetsLn 16$605K
LiabilitiesLn 26$2K
Net assetsLn 32$604K
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 FY24End FY24
Cash and savingsLn 1–2$806K$605K
Total assetsLn 16$818K$605K
LiabilitiesLn 26$0$2K
Net assetsLn 32$818K$604K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$53K$53K
Pay of current officers, directors and key staffLn 5$50K$15K$30K$5K
Payroll taxesLn 10$4K$4K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$8K$8K
Information technologyLn 14$2K$2K
OccupancyLn 16$8K$8K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$332K$332K
Total functional expensesLn 25$461K$400K$56K$5K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $451K$519K−$68K$536K 990 PDF
FY2024 Viewing $246K$461K−$214K$604K 990 PDF
FY2023 $961K$339K$622K$818K 990 PDF
FY2022 $431K$313K$118K$196K 990 PDF
FY2021 $96K$78K 990 PDF

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

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 FY2024 990 (6 parts)
Part I · Summary $246,418 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $795,709$240,299
I-9 Program service revenuePrior year $175,704$0
I-10 Investment incomePrior year $0$23,737
I-11 Other revenuePrior year −$10,329−$17,618
I-12 Total revenuePrior year $961,084$246,418
I-13 Grants and similar amounts paidPrior year $77,304$52,700
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$53,488
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $262,032$354,593
I-18 Total expensesPrior year $339,336$460,781
I-19 Revenue less expensesPrior year $621,748−$214,363
Part VI · Governance 7 of 7 board members independent, 4 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $246,418 across 8 lines filed
VIII-1c Fundraising events$48,501
VIII-1f All other contributions, gifts and grants$191,798
VIII-1g Noncash contributions (included above)$65,902
VIII-1h Total contributions, gifts and grants$240,299
VIII-3 Investment incomeRelated to mission $17,998$17,998
VIII-7 Net gain or loss on sales of assetsRelated to mission $5,739$5,739
VIII-8 Net income from fundraising eventsExcluded from tax −$17,618−$17,618
VIII-12 Total revenueRelated to mission $23,737 · Unrelated business $0 · Excluded from tax −$17,618$246,418
Part IX · Statement of functional expenses $460,781 across 9 lines filed
IX-1 Grants to domestic organizationsPrograms $52,700$52,700
IX-5 Pay of current officers, directors and key staffPrograms $14,906 · Management $29,812 · Fundraising $4,969$49,687
IX-10 Payroll taxesManagement $3,801$3,801
IX-12 Advertising and promotionManagement $1,589$1,589
IX-13 Office expensesManagement $8,256$8,256
IX-14 Information technologyManagement $2,440$2,440
IX-16 OccupancyManagement $7,559$7,559
IX-23 InsuranceManagement $2,704$2,704
IX-24 Other expenses (24a–d)Programs $332,045$332,045
IX-25 Total functional expensesPrograms $399,651 · Management $56,161 · Fundraising $4,969$460,781
Part X · Balance sheet $605,398 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $806,500$148,541
X-2 Savings and temporary cash investments$456,857
X-16 Total assetsStart of year $817,883$605,398
X-17 Accounts payable and accrued expenses$1,878
X-26 Total liabilitiesStart of year $0$1,878
X-32 Total net assets or fund balancesStart of year $817,883$603,520
X-33 Total liabilities and net assetsStart of year $817,883$605,398
Part XI · Reconciliation of net assets $603,520 net assets at year end
XI-1 Total revenue$246,418
XI-2 Total expenses$460,781
XI-3 Revenue less expenses−$214,363
XI-4 Net assets at start of year$817,883
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$603,520

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

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 pay comparisons above.