Vidyagyan Next
Nonprofit profile at a glance
- EIN
- 933106599
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023
- Location
- Santa Clara, CA, USA
- Phone
- 6502902941
- Rating
- 59
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $366,000
- Expenses
- $164,379
- Assets
- $201,621
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- INDERJEET SINGH SURI- FORMER (Director)
- AJAY KUMAR GOEL (Director)
- PRIYANKA SAREEN KUMAR (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
VidyaGyan Next mission is to provide education to underprivileged students andrelated social issues. Following are the misison of VidyaGyan Next: A: Collaboration with Other non-profitB: Expand Access to EducationC: Empower Underprivileged StudentsD: Foster Educational ExcellenceE: Bridge the Education GapF: Promote Merit-Based EducationG: Foster Global CollaborationH: Support Skill DevelopmentI: Create Social ImpactJ: Strengthen Bilateral Relations
What it reported doing in 2024
VidyaGyan Next mission is to provide education to underprivilegedstudents and related social issues. Following are the misison of VidyaGyan Next: A: Collaboration with Other non-profitB: Expand Access to EducationC: Empower Underprivileged StudentsD: Foster Educational ExcellenceE: Bridge the Education GapF: Promote Merit-Based EducationG: Foster Global CollaborationH: Support Skill DevelopmentI: Create Social ImpactJ: Strengthen Bilateral Relations
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 53% for direct work, and 47% for grants.
The verdict
MIXED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 61
- Transparency & Controls: 94
- Accountability: 0
- Sustainability: 75
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 41%; rating input score 41
- Program expense ratio: 91.2%; rating input score 91
- Fundraising efficiency: $39.06 raised per $1 spent on fundraising; rating input score 72; 72nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 0 of 7 controls in place; rating input score 0
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 55.1%; rating input score 93; 93rd percentile among comparable filings
- Total-asset coverage ratio: 1.23; rating input score 46; 46th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 200% per year; rating input score 100; 100th percentile among comparable filings
- Asset growth: 200% per year; rating input score 100; 100th percentile among comparable filings
Details
- Where the money goes: 41% of revenue deployed · 91.2% of spending went to programs
- Governance: 0 of 5 board members independent · 0 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $150K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 15 of 15 current checks pass
- Schedules: 4 filed schedules · includes major donors and grants
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 41/100.
- High — Accountability: Independent voting board scored 0/100.
- High — Accountability: Governance controls: 6 of 6 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 46/100.