Ravi & Naina Patel Foundation
Only null% goes to programs Strong reserves Declining revenue
Ravi & Naina Patel Foundation is a 501(c)(3) organization based in Bakersfield, California, registered in 1999, with $1,862,853 in FY2024 revenue. CharityIndex grades it F.
6501 Truxtun Ave, Bakersfield, CA, 93309 EIN 77-0490360 Since 1999
Revenue (FY2024)
$1.9M
▼ 54.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$3.0M
Net assets
$40.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Ravi & Naina Patel Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating162 mo reserves · -60% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Ravi & Naina Patel Foundation: 162 mo reserves · -60% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Ravi & Naina Patel Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Ravi & Naina Patel Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 6501 Truxtun Ave, Bakersfield, CA, 93309
- City
- Bakersfield
- State
- California
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $12.5M (FY2020) to $1.9M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $808KNet assets $40.2M
Operating margin
-59.9%
Spent more than it raised in the latest fiscal year.
Total assets
$41.0M
Total liabilities
$808K
Net assets
$40.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,862,853▼54.3% | $2,978,117▲62.8% | $40,234,201▲8.2% | $41,042,631▲8.0% | 990PF |
| 2023 | $4,076,570▲149% | $1,829,647▼11.0% | $37,200,658▲19.2% | $37,998,443▲19.3% | 990PF |
| 2022 | $1,636,130▼72.4% | $2,054,901▼49.9% | $31,199,178▼2.7% | $31,852,685▼1.5% | 990PF |
| 2021 | $5,934,315▼52.4% | $4,101,553▲130% | $32,070,315▲6.1% | $32,352,898▲6.2% | 990PF |
| 2020 | $12,463,062 | $1,781,552 | $30,237,553 | $30,463,570 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Ravi & Naina Patel Foundation a legitimate nonprofit?
- Yes. Ravi & Naina Patel Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 77-0490360, based in Bakersfield, California. Donations are tax-deductible.
- What is Ravi & Naina Patel Foundation's EIN?
- Ravi & Naina Patel Foundation's Employer Identification Number (EIN) is 77-0490360.
- How much revenue does Ravi & Naina Patel Foundation report?
- Ravi & Naina Patel Foundation reported $1,862,853 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Ravi & Naina Patel Foundation have?
- CharityIndex grades Ravi & Naina Patel Foundation F, based on financial health (reserves and operating margin).
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Data for Ravi & Naina Patel Foundation (EIN 77-0490360) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.