Uday & Peggy Bhate Foundation
Only null% goes to programs Strong reserves Growing revenue
Uday & Peggy Bhate Foundation is a 501(c)(3) organization based in Mountain Brk, Alabama, registered in 2014, with $1,074,637 in FY2024 revenue. CharityIndex grades it C+.
3811 River View Cir, Mountain Brk, AL, 35243 EIN 46-4384744 Since 2014
Revenue (FY2024)
$1.1M
▲ 493.0% vs prior year
Unknown median: $232K
Expenses (FY2024)
$50K
Net assets
$2.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Uday & Peggy Bhate Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating571 mo reserves · +95% 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 Uday & Peggy Bhate Foundation: 571 mo reserves · +95% margin earns a B+ 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 Uday & Peggy Bhate 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 Uday & Peggy Bhate Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 3811 River View Cir, Mountain Brk, AL, 35243
- City
- Mountain Brk
- State
- Alabama
- Category
- Unknown
- Subcategory
- Unknown — other (Z9x)
Financial trends
Revenue grew from $219K (FY2015) to $1.1M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.4M
Operating margin
95.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.4M
Total liabilities
$0
Net assets
$2.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,074,637▲493% | $50,072▲5.6% | $2,384,365▲75.3% | $2,384,365▲75.3% | 990PF |
| 2023 | $181,209▼20.8% | $47,402▲91.8% | $1,359,800▲10.9% | $1,359,800▲10.9% | 990PF |
| 2022 | $228,783▼54.4% | $24,719▼34.6% | $1,225,993▲20.0% | $1,225,993▲20.0% | 990PF |
| 2021 | $501,313▲2033% | $37,815▲46.8% | $1,021,929▲83.0% | $1,021,929▲83.0% | 990PF |
| 2020 | $23,498▼22.5% | $25,751▲85.0% | $558,431▼0.4% | $558,431▼0.4% | 990PF |
| 2019 | $30,333▲51.1% | $13,917▼0.7% | $560,684▲3.0% | $560,684▲3.0% | 990PF |
| 2018 | $20,076▼90.9% | $14,010▼6.9% | $544,268▲1.1% | $544,268▲1.1% | 990PF |
| 2017 | $221,499▲119% | $15,050▲20.3% | $538,202▲76.4% | $538,202▲76.4% | 990PF |
| 2016 | $100,916▼54.0% | $12,509▲400% | $305,149▲40.8% | $305,149▲40.8% | 990PF |
| 2015 | $219,242 | $2,500 | $216,742 | $216,742 | 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 Uday & Peggy Bhate Foundation a legitimate nonprofit?
- Yes. Uday & Peggy Bhate Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-4384744, based in Mountain Brk, Alabama. Donations are tax-deductible.
- What is Uday & Peggy Bhate Foundation's EIN?
- Uday & Peggy Bhate Foundation's Employer Identification Number (EIN) is 46-4384744.
- How much revenue does Uday & Peggy Bhate Foundation report?
- Uday & Peggy Bhate Foundation reported $1,074,637 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Uday & Peggy Bhate Foundation have?
- CharityIndex grades Uday & Peggy Bhate Foundation C+, based on financial health (reserves and operating margin).
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Data for Uday & Peggy Bhate Foundation (EIN 46-4384744) 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.