Nikhil Badlani Foundation Inc
- Assets
- $214.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Orange, NJ
- Founding
- 09/2011
- Data as of
- 12/2022
- EIN
- 45-2812172
Organization Overview
Nikhil Badlani Foundation Inc is located in West Orange, NJ. The organization was established in 2011. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nikhil Badlani Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Nikhil Badlani Foundation Inc generated $52.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $63.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sangeeta Badlani President | 25 | $0 | |
Sunil Badlani Vice President | 10 | $0 | |
Anil Chhugani Treasurer | 2 | $0 | |
Jeremy Klausner Trustee | 2 | $0 | |
Jessica Valiente Trustee | 2 | $0 | |
Sage Gajarawala Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,022 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $136 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,854 |
| Other Revenue | $0 |
| Total Revenue | $52,012 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $11,850 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,121 |
| Total expenses | $63,471 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $214,376 |
| Other assets | $0 |
| Total assets | $214,376 |
| Total liabilities | $0 |
| Net assets or fund balances | $214,376 |