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The Narula Foundation INC EIN 51-0660270 Form 990 (PDF) Claim this org

The Narula Foundation INC

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A private foundation based in West Orange, NJ. It reported about $308K in revenue for 2025. For fiscal year 2025 it reported $308K in revenue, $303K in expenses, and $2.0M in net assets.Pt I

Type
Private foundation / grantmaker · Foundations & Grantmakers
Location
West Orange, NJ
Filings
6 on file (2020–2025)
Revenue
$308KFY2025
Expenses
$303K
Net assets
$2.0M
People
3
Filings
6
Updates
0
More identity details & actions ⌄
EIN  51-0660270 Private foundation / grantmaker West Orange, NJ
Form 990 (PDF)
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Size
$100K–1M
What they do
A private foundation based in West Orange, NJ. It reported about $308K in revenue for 2025.
Leadership
Sudarshan K Narula · Trustee
Money in and out
$308K revenue, $303K expenses
Bottom line
—
Grants paid & assets · FY2025
Total revenue
$308K
Pt VIII · Ln 12
Total expenses
$303K
Pt IX · Ln 25
Net assets
$2.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $5K
Total assets
2.0M
deployed as grants and operations
Grants paid
265K
in FY2025
Grants made
33grants
total in period
Payout rate
14%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 33 grants · $265K · 2025–2025
Cooperman Barnabas Medical Center (cbmc)FY2025$85,000
Hackensack University Medical Center FoundationFY2025$50,000
Memorial Sloan KetteringFY2025$25,000
Community Food Bank of NjFY2025$15,000
Robin Hood FoundationFY2025$10,000
Montclair Film FestivalFY2025$7,500
Ekal Vidyalya FoundationFY2025$7,500
Montclair Art MuseumFY2025$5,000
University of MichiganFY2025$5,000
Wounded Warrior ProjectFY2025$5,000
Luna StageFY2025$5,000
Ny Public RadioFY2025$5,000
Montclair AmbulanceFY2025$5,000
The Metropolitan Museum of ArtFY2025$5,000
Paper Mill PlayhouseFY2025$5,000
Planned ParenthoodFY2025$4,000
Toni's KitchenFY2025$3,000
Montclair Kimberley AcademyFY2025$2,500
See all 33 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$8K
Median grantPart XV$3K
Largest grantPart XV$85K

Summary of the Filing

Part I · fiscal year 2025 · Form 990-PF
Revenue
$308K
FY2025▲ +467%
Expenses
$303K
FY2025▲ +61%
Total assets
$2.0M
FY2025+0.3%
Total liabilities
$0
FY2025
Total revenue
$308K
Pt VIII · Ln 12
Total expenses
$303K
Pt IX · Ln 25
Net assets
$2.0M
Pt X · Ln 32
Total assetsPt II$2.0M

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Narula Foundation INC
EINHdr · item D51-0660270
Principal addressHdr · item CWest Orange, NJ
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MNJ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T20)
Ruling yearIRS BMFMar 2008

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See The Narula Foundation INC executive salaries →

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Statement of Revenue

Part VIII
Investment income100%$308K
Other revenue$110
Total revenueLn 12$308K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.87 Operating & administrative $0.13
Grants & contributions paid87%$265K
Operating & administrative13%$38K
Total functional expensesLn 25$303K

Balance Sheet

Part X · end of year
CashLn 1$137K
Total assetsLn 16$2.0M
Total liabilitiesLn 26$0
Total net assetsLn 32$2.0M
Months of cash on handcomputed5.4

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $2.0M
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $308K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $308K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $308K · Prior year $54K
+467%
Revenue CAGR
FY2020 $89K · FY2025 $308K
+28%
Net-asset trend (YoY)
End of year $2.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $308K · Expenses $303K
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $2.0M
—
Net-asset ratio
Net assets $2.0M · Total assets $2.0M
100%
People & payroll
Highest Reported Total Compensation
Individual Sudarshan K Narula · Reported title Trustee · Highest reported compensation $0 · Total expenses $303K
0%
Personnel share
not reported
Peer comparison

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

MetricThis orgPeer medianPercentile
Revenue growth 467%——

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)$308K revenue · viewing · ⤓ 990 PDF
FY2024$54K revenue · ⤓ 990 PDF
FY2023$47K revenue · ⤓ 990 PDF
FY2022$42K revenue · ⤓ 990 PDF
FY2021$91K revenue · ⤓ 990 PDF
FY2020$89K 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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