Nonprofit · EIN 87-2555726
AUM FOUNDATION USA INC
Tax-exempt · HUNTSVILLE, AL 35806
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $629,271 | $486,706 | $142,565 | $937,211 | $35,020 | $902,191 |
| December 31, 2023 | 990 | $438,223 | $418,940 | $19,283 | $802,112 | $5,898 | $796,214 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $584,602
- of which government grants
- $19,000
- Program service revenue
- $14,106
- Investment income
- $24,870
- Net income from fundraising events
- $5,693
- Other revenue
- $5,693
Expenses
- Grants and similar amounts paid
- $141,009
- Other salaries and wages
- $183,568
- Salaries, compensation and benefits (total)
- $198,191
- Professional fundraising fees
- $0
- Accounting fees
- $11,011
- Occupancy
- $16,677
- Travel
- $420
- Depreciation
- $3,104
- Program services (functional)
- $413,203
- Management and general (functional)
- $73,503
Balance sheet and other
- Total assets, start of year
- $802,112
- Total assets, end of year
- $937,211
- Total liabilities, end of year
- $35,020
- Net assets, end of year
- $902,191
- Land, buildings and equipment
- $15,522
- Net assets without donor restrictions
- $871,070
- Net assets with donor restrictions
- $31,121
- Gross receipts
- $663,046
- Employees
- 6
- Volunteers
- 165
- Year formed
- 2021
- State of legal domicile
- AL
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HOLLIE BEAVER | BOARD MEMBER Trustee or director | 2 | $0 |
| ALKA BHARGAV | BOARD CHAIR Trustee or director, Officer | 40 | $0 |
| SAMANTHA BRINKLEY | BOARD MEMBER Trustee or director | 5 | $0 |
| DR BELINDA EDWARDS | SECRETARY Trustee or director, Officer | 2 | $0 |
| GINNY LIGHT GIBSON | BOARD MEMBER Trustee or director | 1 | $0 |
| BRIAN MCCOY | BOARD MEMBER Trustee or director | 1 | $0 |
| JASON MILLER | TREASURER Trustee or director, Officer | 5 | $0 |
| ANGELE MONCONDUIT | CHAIR Trustee or director, Officer | 10 | $0 |
| PRANTEEK PATNAIK | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| NICOLE SLYMAN | FORMER CHAIR Trustee or director, Officer | 10 | $0 |
| ANGEL STINSON | ASSISTANT Trustee or director, Officer | 1 | $0 |
| ASHLEY WIGGS | BOARD MEMBER Trustee or director | 1 | $0 |
| SADY ZAYAS-VISSER | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HOLLIE BEAVER | BOARD MEMBER Trustee or director | 5 | $0 |
| ALKA BHARGAV | BOARD CHAIR Trustee or director, Officer | 50 | $0 |
| SAMANTHA BRINKLEY | BOARD MEMBER Trustee or director | 6 | $0 |
| AMBER JAMES | BOARD MEMBER Trustee or director | 5 | $0 |
| BRIAN MCCOY | BOARD MEMBER Trustee or director | 5 | $0 |
| ANGELE MONCONDUIT | BOARD MEMBER Trustee or director | 5 | $0 |
| MELISSA MORRISON-ELLIS | VICE CHAIR Trustee or director, Officer | 6 | $0 |
| PRANTEEK PATNAIK | BOARD MEMBER Trustee or director | 5 | $0 |
| ANTHONY SAMPSON | BOARD MEMBER Trustee or director | 3 | $0 |
| NICOLE SLYMAN | CHAIR Trustee or director, Officer | 20 | $0 |
| CLIFF WHITE | BOARD MEMBER Trustee or director | 3 | $0 |
| SADY ZAYAS-VISSER | BOARD MEMBER Trustee or director | 6 | $0 |
Address and contacts
- Address (IRS master file)
- 472 PROVIDENCE MAIN ST NW STE 201, HUNTSVILLE, AL 35806-4926
- Principal officer (990 for 2024)
- ALKA BHARGAV, 116 CHEEKWOOD DR, MADISON, AL 35758
- Signed the 990
- ALKA BHARGAV, BOARD CHAIR
- Phone
- (256) 724-3634
- Website
- WWW.AUMFOUNDATIONUSA.ORG
- Return prepared by
- FRAZIER & DEETER ADVISORY LLC
Mission
AUM FOUNDATION USA INC SHALL EMPOWER UNDER-RESOURCED INDIVIDUALS AND GROUPS TO ACHIEVE SUCCESS BY IMPLEMENTING PROGRAMS ADDRESSING BARRIERS TO PERSONAL AND ORGANIZATIONAL DEVELOPMENT.
Program accomplishments
- PATHWAY 2 SUCCESS - PROGRAM FOR UNDER-RESOURCED FEMALE HIGH SCHOOL STUDENTS IN THEIR SENIOR YEAR. THE PURPOSE OF THE PROGRAM IS TO ALLOW THE STUDENT TO GAIN EXPERIENCE AND INSIGHT INTO THEIR CAREER PATH, WHILE ALSO BUILDING LIFE SKILLS TO AID THEM IN BREAKING GENERATIONAL POVERTY AND PREPARE THEM FOR THE WORKFORCE. WE ENCOURAGE OUR PARTICIPANTS TO DEVELOP AND IMPLEMENT A COMPREHENSIVE EDUCATION AND CAREER PLAN THROUGH MENTORING, ENRICHMENT PROGRAMS, AND JOB SHADOWING. THE END GOAL OF OUR PROGRAM IS TO PROVIDE OUR GIRLS WITH THE TOOLS TO ACHIEVE HIGHER EDUCATION DEGREES, ECONOMIC INDEPENDENCE, AND, IN TURN, GIVE BACK TO THE COMMUNITY.Expenses $413,203 · grants $141,009
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 87-2555726
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $937,211
- Income (IRS master file)
- $663,046
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $629,271 | $486,706 | $937,211 | XML |
| 990 | December 2023 | $438,223 | $418,940 | $802,112 | XML |
| 990 | December 2022 | $777,682 | $300,197 | $783,099 | IRS |
| 990 | December 2021 | – | – | – | IRS |
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 87-2555726).
Questions about AUM FOUNDATION USA INC
- What is the EIN of AUM FOUNDATION USA INC?
- The employer identification number (EIN) of AUM FOUNDATION USA INC is 87-2555726.
- Is AUM FOUNDATION USA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to AUM FOUNDATION USA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AUM FOUNDATION USA INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of AUM FOUNDATION USA 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 AUM FOUNDATION USA INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of AUM FOUNDATION USA INC?
- The 990 for the year ended December 31, 2024 names ALKA BHARGAV.
- Who are the officers and directors of AUM FOUNDATION USA INC?
- The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
- How much revenue does AUM FOUNDATION USA INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $629,271, expenses of $486,706 and total assets of $937,211 at year end.
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