Vedant P Patel Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
Vedant P Patel Foundation Inc is a 501(c)(3) organization based in Riviera Beach, Florida, registered in 2008, with $282,428 in FY2024 revenue. CharityIndex grades it C+.
4000 N Ocean Dr Apt 2502, Riviera Beach, FL, 33404 EIN 26-2834984 Since 2008
Revenue (FY2024)
$282K
▲ 682.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$85K
Net assets
$1.2M
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 Vedant P Patel Foundation Inc— 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 rating169 mo reserves · +70% 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 Vedant P Patel Foundation Inc: 169 mo reserves · +70% 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 Vedant P Patel Foundation Inc— 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 Vedant P Patel Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 4000 N Ocean Dr Apt 2502, Riviera Beach, FL, 33404
- City
- Riviera Beach
- State
- Florida
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $110 (FY2013) to $282K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $82KNet assets $1.2M
Operating margin
69.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.3M
Total liabilities
$82K
Net assets
$1.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $282,428▲683% | $85,232▼44.6% | $1,198,437▼19.5% | $1,280,828▼17.9% | 990PF |
| 2023 | $36,073▼59.9% | $153,980▲53.2% | $1,488,018▲17.4% | $1,559,225▲16.6% | 990PF |
| 2022 | $89,860▼52.8% | $100,518▼42.0% | $1,267,708▼29.2% | $1,336,771▼28.6% | 990PF |
| 2021 | $190,185▲127% | $173,327▲96.4% | $1,790,811▲16.9% | $1,873,194▲16.8% | 990PF |
| 2020 | $83,718▲41.5% | $88,233▲8.0% | $1,532,323▲14.1% | $1,604,033▲13.9% | 990PF |
| 2019 | $59,175▼32.2% | $81,675▲13.2% | $1,342,685▲19.1% | $1,408,674▲19.6% | 990PF |
| 2018 | $87,286▲183% | $72,165▲4.8% | $1,127,128▼1.1% | $1,177,396▼1.7% | 990PF |
| 2017 | $30,792▼48.4% | $68,851▲4.9% | $1,140,186▲7.2% | $1,197,527▲7.0% | 990PF |
| 2016 | $59,687▲2744% | $65,610▲7.9% | $1,063,399▲3.2% | $1,119,283▲3.0% | 990PF |
| 2015 | $2,099▼98.1% | $60,821▲7.3% | $1,030,321▼5.4% | $1,086,257▼4.8% | 990PF |
| 2014 | $110,807▲100634% | $56,674▲0.4% | $1,089,313▲5.2% | $1,140,931▲4.5% | 990PF |
| 2013 | $110 | $56,445▲0.2% | $1,035,180▼5.2% | $1,091,595▼4.9% | 990PF |
| 2012 | — | $56,313 | $1,091,515 | $1,147,797 | 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.
Similar organizations in Philanthropy
Compare Vedant P Patel Foundation Inc
Frequently asked questions
- Is Vedant P Patel Foundation Inc a legitimate nonprofit?
- Yes. Vedant P Patel Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-2834984, based in Riviera Beach, Florida. Donations are tax-deductible.
- What is Vedant P Patel Foundation Inc's EIN?
- Vedant P Patel Foundation Inc's Employer Identification Number (EIN) is 26-2834984.
- How much revenue does Vedant P Patel Foundation Inc report?
- Vedant P Patel Foundation Inc reported $282,428 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Vedant P Patel Foundation Inc have?
- CharityIndex grades Vedant P Patel Foundation Inc C+, based on financial health (reserves and operating margin).
More nonprofits in Riviera Beach
Explore more
Data for Vedant P Patel Foundation Inc (EIN 26-2834984) 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.