Skip to main content

Nonprofit · EIN 87-2555726

AUM FOUNDATION USA INC

Tax-exempt · HUNTSVILLE, AL 35806

Financials

$438K$419K2023$629K$487K2024
Revenue Expenses · by fiscal year end
Financials of AUM FOUNDATION USA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$629,271$486,706$142,565$937,211$35,020$902,191
December 31, 2023990$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.

NameTitleHours / weekCompensation
HOLLIE BEAVERBOARD MEMBER
Trustee or director
2$0
ALKA BHARGAVBOARD CHAIR
Trustee or director, Officer
40$0
SAMANTHA BRINKLEYBOARD MEMBER
Trustee or director
5$0
DR BELINDA EDWARDSSECRETARY
Trustee or director, Officer
2$0
GINNY LIGHT GIBSONBOARD MEMBER
Trustee or director
1$0
BRIAN MCCOYBOARD MEMBER
Trustee or director
1$0
JASON MILLERTREASURER
Trustee or director, Officer
5$0
ANGELE MONCONDUITCHAIR
Trustee or director, Officer
10$0
PRANTEEK PATNAIKVICE CHAIR
Trustee or director, Officer
2$0
NICOLE SLYMANFORMER CHAIR
Trustee or director, Officer
10$0
ANGEL STINSONASSISTANT
Trustee or director, Officer
1$0
ASHLEY WIGGSBOARD MEMBER
Trustee or director
1$0
SADY ZAYAS-VISSERBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
HOLLIE BEAVERBOARD MEMBER
Trustee or director
5$0
ALKA BHARGAVBOARD CHAIR
Trustee or director, Officer
50$0
SAMANTHA BRINKLEYBOARD MEMBER
Trustee or director
6$0
AMBER JAMESBOARD MEMBER
Trustee or director
5$0
BRIAN MCCOYBOARD MEMBER
Trustee or director
5$0
ANGELE MONCONDUITBOARD MEMBER
Trustee or director
5$0
MELISSA MORRISON-ELLISVICE CHAIR
Trustee or director, Officer
6$0
PRANTEEK PATNAIKBOARD MEMBER
Trustee or director
5$0
ANTHONY SAMPSONBOARD MEMBER
Trustee or director
3$0
NICOLE SLYMANCHAIR
Trustee or director, Officer
20$0
CLIFF WHITEBOARD MEMBER
Trustee or director
3$0
SADY ZAYAS-VISSERBOARD 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
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.

990 for the year ended December 31, 2024

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 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

FormYear endedRevenueExpensesAssetsReturn
990December 2024$629,271$486,706$937,211XML
990December 2023$438,223$418,940$802,112XML
990December 2022$777,682$300,197$783,099IRS
990December 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.

Other nonprofits in HUNTSVILLE

All nonprofits in HUNTSVILLE · Alabama · Education