Nonprofit · EIN 22-3632715
ACADEMIC CONCEPTS INC
Tax-exempt (reinstated) · E BRUNSWICK, NJ 08816
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $12,760 | $2,208 | $10,552 | $74,029 | $67,095 | $6,934 |
| December 31, 2023 | 990-EZ | $31,803 | $35,421 | -$3,618 | $63,477 | $67,095 | -$3,618 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $12,760
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $2,013
- Other expenses
- $195
Balance sheet and other
- Total assets, start of year
- $63,477
- Total assets, end of year
- $74,029
- Total liabilities, end of year
- $67,095
- Net assets, end of year
- $6,934
- Cash, savings and investments
- $73,934
- Gross receipts
- $12,760
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Prakash Natarajan | President | 76 | $0 |
| VASUDHA NATARAJAN | Vice President | 10 | $0 |
| MARVETTE MOON-LIKIER | Treasurer | 2 | $0 |
| Robert Stoute | Treasurer | 2 | $0 |
| Rakesh Parikh | Secretary | 10 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Prakash Natarajan | President | 76 | $0 |
| VASUDHA NATARAJAN | Vice President | 10 | $0 |
| MARVETTE MOON-LIKIER | Treasurer | 2 | $0 |
| Robert Stoute | Treasurer | 2 | $0 |
| Rakesh Parikh | Secretary | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 33 PINE ST, E BRUNSWICK, NJ 08816-4459
- In care of
- % VASUDHA NATARAJAN PRES
- Signed the 990-EZ
- Prakash Natarajan, President
- Phone
- (908) 346-2277
- Website
- www.academiconcepts.org
- Return prepared by
- Pranas Accounting Tax & Bookkeeping Ser
Mission
To provide educational resources and services to individuals with special needs. To also provide vocational and life-skills training and services to such individuals to foster social inclusion and independent living.
Program accomplishments
- To provide educational resources and services to individuals with special needs. To also provide vocational and life-skills training and services to such individuals to foster social inclusion and independent living.Funds disbursed to V-Excel Educational Trust, India for providing services and therapies to children with autism, intellectual disorders, developmental delays and learning disabilities and for vocational training for young adults with special needs.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 22-3632715
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B28)
- Assets (IRS master file)
- $74,029
- Income (IRS master file)
- $12,760
Revocation and reinstatement
- Exemption revoked
- May 15, 2023
- Posted by the IRS
- August 14, 2023
- Reinstated
- Effective July 15, 2024
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $12,760 | $2,208 | $74,029 | XML |
| 990-EZ | December 2023 | $31,803 | $35,421 | $63,477 | XML |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-3632715).
Questions about ACADEMIC CONCEPTS INC
- What is the EIN of ACADEMIC CONCEPTS INC?
- The employer identification number (EIN) of ACADEMIC CONCEPTS INC is 22-3632715.
- Is ACADEMIC CONCEPTS INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2023 and reinstated it effective July 15, 2024.
- Are donations to ACADEMIC CONCEPTS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ACADEMIC CONCEPTS INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of ACADEMIC CONCEPTS INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ACADEMIC CONCEPTS INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of ACADEMIC CONCEPTS INC?
- The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does ACADEMIC CONCEPTS INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $12,760, expenses of $2,208 and total assets of $74,029 at year end.
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