Saraswat Foundation Inc

Nonprofit profile at a glance

EIN
222566842
IRS 990-EZ coverage
2021–2025
Forms available
Form 990 2022, Form 990-EZ 2025
Location
Jamison, PA, USA
Phone
2673373062
Rating
47
Verdict
MIXED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$121,655
Expenses
$92,407
Assets
$315,428
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Ashvin Hosagadi (President)
  • Sandeep Dhareshwar (Vice President)

People named in this filing

  • Ashvin Hosagadi (President)
  • Sandeep Dhareshwar (Vice President)
  • Gayathri Bantwal (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to support, empower and advance grassroots organizations dedicated to community development by providing financial support and promotion. We strive to fund initiatives related to education, health, senior citizens, differently abled individuals, social welfare, and cultural enrichment, without any discrimination based on caste, creed, religion, or race.

What it reported doing in 2025

Ten Charitable organizations were supported in India during 2025: Organization Support Amount (USD) Punyatma Prabhakar Sharma Seva Mandal $6000, Swami Parijnanashram School for Handicapped $10000, CSERS $8000, Disha Charitable Trust $9000, Canara Union $8000, Shri Chitrapur Math $3000, Kanara Saraswat Association $8,000, Central Society for Education of Deaf $15000, Chetana Apangamati Vikas Sansthan $15500, Soulfree Trust $8000

Operating model

Revenue model
Donor-supported. 92% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Sustainability: 79
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 24%; rating input score 76; 76th percentile among comparable filings
  • Total-asset coverage ratio: 3.41; rating input score 91; 91st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -102.9% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: 2.1% per year; rating input score 100; 28th percentile among comparable filings
  • Asset growth: 18.8% per year; rating input score 100; 76th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2021 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.