Nonprofit · EIN 38-3229386
INDUS CENTER FOR ACADEMIC EXCELLENCE
Tax-exempt · LATHRUP VLG, MI 48076
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $356,165 | $357,034 | -$869 | $1,379,963 | $80,281 | $1,299,682 |
| December 31, 2024 | 990 | $206,258 | $348,807 | -$142,549 | $1,381,191 | $80,640 | $1,300,551 |
| December 31, 2023 | 990 | $186,500 | $334,927 | -$148,427 | $1,512,690 | $69,590 | $1,443,100 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $214,532
- Investment income
- $111,832
- Other revenue
- $29,801
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $120,867
- Other salaries and wages
- $121,730
- Salaries, compensation and benefits (total)
- $268,765
- Professional fundraising fees
- $0
- Occupancy
- $7,442
- Travel
- $2,886
- Depreciation
- $15,127
- Program services (functional)
- $357,034
Balance sheet and other
- Total assets, start of year
- $1,381,191
- Total assets, end of year
- $1,379,963
- Total liabilities, end of year
- $80,281
- Net assets, end of year
- $1,299,682
- Land, buildings and equipment
- $234,881
- Gross receipts
- $356,165
- Employees
- 13
- Year formed
- 1995
- State of legal domicile
- MI
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Khetan Raghunath | DIRECTOR Trustee or director, Officer, Key employee, Highest-paid employee, Former | 50 | $76,371 |
| Khetan Prem Lata | ADMINISTRATIVE Trustee or director, Officer, Key employee | 33 | $44,946 |
| Rathod Harin | Vice President Trustee or director | 2 | $0 |
| Kanetkar Gunesh | Secretary Trustee or director | 3 | $0 |
| Palanichamy Gurusamy | Trustee Trustee or director | 2 | $0 |
| Pathak Santosh | Trustee Trustee or director | 2 | $0 |
| Yarlagadda Vanaja | Trustee Trustee or director | 2 | $0 |
| Bollapalli Sri | Trustee Trustee or director | 2 | $0 |
| Goddla Vijay | Trustee Trustee or director | 2 | $0 |
| Mital Rahul | Trustee Trustee or director | 2 | $0 |
| Bhupendra Jariwala | Trustee Trustee or director | 2 | $0 |
| Talluri Nag | President Trustee or director | 8 | $0 |
| Wang Shufang | Trustee Trustee or director | 2 | $0 |
| Yeole Sandip | Trustee Trustee or director | 2 | $0 |
| Singh Sabjit | Trustee Trustee or director | 2 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ramesh Gopal | Treasurer Trustee or director | 2 | $0 |
| Chalasani Neelima | Trustee Trustee or director | 2 | $0 |
| Patwardhan Ajay | Trustee Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Khetan Raghunath | DIRECTOR Trustee or director, Officer, Key employee, Highest-paid employee, Former | 50 | $99,769 |
| Khetan Prem Lata | ADMINISTRATIVE Trustee or director, Officer, Key employee | 33 | $44,496 |
| Rathod Harin | Vice President Trustee or director | 2 | $0 |
| Kanetkar Gunesh | Secretary Trustee or director | 3 | $0 |
| Palanichamy Gurusamy | Trustee Trustee or director | 2 | $0 |
| Pathak Santosh | Trustee Trustee or director | 2 | $0 |
| Yarlagadda Vanaja | Trustee Trustee or director | 2 | $0 |
| Bollapalli Sri | Trustee Trustee or director | 2 | $0 |
| Goddla Vijay | Trustee Trustee or director | 2 | $0 |
| Mital Rahul | Trustee Trustee or director | 2 | $0 |
| Bhupendra Jariwala | Trustee Trustee or director | 2 | $0 |
| Talluri Nag | President Trustee or director | 8 | $0 |
| Gopal Ramesh | Trustee Trustee or director | 2 | $0 |
| Wang Shufang | Trustee Trustee or director | 2 | $0 |
| Yeole Sandip | Trustee Trustee or director | 2 | $0 |
| Singh Sabjit | Trustee Trustee or director | 2 | $0 |
| Ramesh Gopal | Treasurer Trustee or director | 2 | $0 |
| Chalasani Neelima | Trustee Trustee or director | 2 | $0 |
| Patwardhan Ajay | Trustee Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 23 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Khetan Raghunath | DIRECTOR Trustee or director, Officer, Key employee, Highest-paid employee, Former | 50 | $102,551 |
| Khetan Prem Lata | ADMINISTRATIVE Officer, Key employee | 33 | $44,496 |
| Bollapalli Sri | Vice President Trustee or director | 2 | $0 |
| Talluri Nag | Secretary Trustee or director | 3 | $0 |
| Palanichamy Gurusamy | Trustee Trustee or director | 2 | $0 |
| Vangipuram Radesh | Trustee Trustee or director | 2 | $0 |
| Setty Rajesh | Trustee Trustee or director | 2 | $0 |
| Mahendran Govinda | Trustee Trustee or director | 2 | $0 |
| Goddla Vijay | Trustee Trustee or director | 2 | $0 |
| Mital Rahul | Trustee Trustee or director | 2 | $0 |
| Locula Srinivas | Trustee Trustee or director | 2 | $0 |
| Yarlagadda Vanaja | President Trustee or director | 8 | $0 |
| Hebbar Mahesh | Trustee Trustee or director | 2 | $0 |
| Gopal Ramesh | Trustee Trustee or director | 2 | $0 |
| Wang Shufang | Trustee Trustee or director | 2 | $0 |
| Yeole Sandip | Trustee Trustee or director | 2 | $0 |
| Zhao Allan | Trustee Trustee or director | 2 | $0 |
| Singh Sabjit | Trustee Trustee or director | 2 | $0 |
| Ramesh Gopal | Trustee Trustee or director | 2 | $0 |
| Chalasani Neelima | Trustee Trustee or director | 2 | $0 |
| Rathod Harin | Trustee Trustee or director | 2 | $0 |
| Patwardhan Ajay | Trustee Trustee or director | 2 | $0 |
| Kanetkar Gunesh | Trustee Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 760483, LATHRUP VLG, MI 48076-0483
- Principal officer (990 for 2025)
- Prem Khetan, 18239 W 12 Mile Road, Southfield, MI 48076
- Signed the 990
- Prem Khetan, SECRETARY
- Phone
- (248) 641-7932
- Website
- WWW.ICAE.ORG
- Return prepared by
- DESAI ACCOUNTING & TAXATION LLC
Mission
To provide an environment that promotes academic excellence and to stimulate the thinking process amongst the participants to help them perform above and beyond the normal requirements of their respective schools.
Program accomplishments
- ACADEMIC ENRICHMENT PROGRAM CLASSES IN MATH, COMPUTER, PHYSICS AND ARTSExpenses $357,034
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 | 990 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
- 38-3229386
- 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
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B25)
- Assets (IRS master file)
- $1,379,963
- Income (IRS master file)
- $356,165
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $356,165 | $357,034 | $1,379,963 | IRS |
| 990 | December 2024 | $206,258 | $348,807 | $1,381,191 | XML |
| 990 | December 2023 | $186,500 | $334,927 | $1,512,690 | XML |
| 990 | December 2022 | $228,458 | $364,155 | $1,660,314 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 38-3229386).
Questions about INDUS CENTER FOR ACADEMIC EXCELLENCE
- What is the EIN of INDUS CENTER FOR ACADEMIC EXCELLENCE?
- The employer identification number (EIN) of INDUS CENTER FOR ACADEMIC EXCELLENCE is 38-3229386.
- Is INDUS CENTER FOR ACADEMIC EXCELLENCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to INDUS CENTER FOR ACADEMIC EXCELLENCE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INDUS CENTER FOR ACADEMIC EXCELLENCE 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 INDUS CENTER FOR ACADEMIC EXCELLENCE due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INDUS CENTER FOR ACADEMIC EXCELLENCE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of INDUS CENTER FOR ACADEMIC EXCELLENCE?
- The 990 for the year ended December 31, 2025 names Prem Khetan.
- Who are the officers and directors of INDUS CENTER FOR ACADEMIC EXCELLENCE?
- The 990 for the year ended December 31, 2025 lists 18 people; 2 received compensation from the organization, the highest $76,371 (Khetan Raghunath, DIRECTOR).
- How much revenue does INDUS CENTER FOR ACADEMIC EXCELLENCE have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $356,165, expenses of $357,034 and total assets of $1,379,963 at year end.
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