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Indian Diamond & Colorstone Assoc Inc

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$668k (2023)

Expenses
$646k (2023)

Total Assets
$465k (2023)

Total Liabilities
$64.1k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$668,029
Expenses
$646,253
Net Income
$21,776
Net Assets
$401,120
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $655,080
98.1%
Investment Income $12,949
1.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $60,000
9.3%
Assets/Debt
Total Assets $465,240
Total Liabilities $64,120
Net Assets $401,120
Compensation
Key Employees and Officers Compensation Related Other
Shailesh Jhalani (Director) $0 $0 $0
Nimish Mehta (Director) $0 $0 $0
Kailash Rawat (Director) $0 $0 $0
Akshat Sanghavi (Director) $0 $0 $0
Anshal Shah (Director) $0 $0 $0
Kunal Shah (Director) $0 $0 $0
Vishal Shah (Director) $0 $0 $0
Jihan Vaghashiya (Director) $0 $0 $0
Haridas Kotahwala (President) $0 $0 $0
Aniket Parikh (Vice President) $0 $0 $0
Manoj Bhandari (Secretary) $0 $0 $0
Navneet Chordia (Treasurer) $0 $0 $0
Vibhor Saraf (Joint Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$428,648
Expenses
$436,536
Net Income
-$7,888
Net Assets
$378,259
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $427,680
99.8%
Investment Income $968
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $45,500
10.4%
Assets/Debt
Total Assets $431,826
Total Liabilities $53,567
Net Assets $378,259
Compensation
Key Employees and Officers Compensation Related Other
Navneet Chordia (Director) $0 $0 $0
Haridas Kotahwala (Director) $0 $0 $0
Nimish Mehta (Director) $0 $0 $0
Aniket Parikh (Director) $0 $0 $0
Kailash Rawat (Director) $0 $0 $0
Akshat Sanghavi (Director) $0 $0 $0
Anshal Shah (Director) $0 $0 $0
Jihan Vaghashiya (Director) $0 $0 $0
Shailesh Jhalani (President) $0 $0 $0
Vinit Jobanputra (Vice President) $0 $0 $0
Manoj Bhandari (Secretary) $0 $0 $0
Rutali Gandhi (Treasurer) $0 $0 $0
Vibhor Saraf (Joint Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$198,332
Expenses
$183,785
Net Income
$14,547
Net Assets
$385,929
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $196,300
99.0%
Investment Income $2,032
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $47,250
25.7%
Assets/Debt
Total Assets $418,957
Total Liabilities $33,028
Net Assets $385,929
Compensation
Key Employees and Officers Compensation Related Other
Manoj Bhandari (Director) $0 $0 $0
Navneet Chordia (Director) $0 $0 $0
Vinit Jobanputra (Director) $0 $0 $0
Nimish Mehta (Director) $0 $0 $0
Kailash Rawat (Director) $0 $0 $0
Vibhor Saraf (Director) $0 $0 $0
Anshal Shah (Director) $0 $0 $0
Vipul Shah (Director) $0 $0 $0
Rajeev Pandya (President) $0 $0 $0
Shailesh Jhalani (Vice President) $0 $0 $0
Rutali Gandhi (Secretary) $0 $0 $0
Sailesh Lakhi (Treasurer) $0 $0 $0
Aniket Parikh (Joint Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$147,229
Expenses
$131,678
Net Income
$15,551
Net Assets
$371,382
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $142,540
96.8%
Investment Income $4,689
3.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $45,500
34.6%
Assets/Debt
Total Assets $392,676
Total Liabilities $21,294
Net Assets $371,382
Compensation
Key Employees and Officers Compensation Related Other
Navneet Chordia (Director) $0 $0 $0
Sujan Doshi (Director) $0 $0 $0
Sailesh Lakhi (Director) $0 $0 $0
Aniket Parikh (Director) $0 $0 $0
Kailash Rawat (Director) $0 $0 $0
Vibhor Saraf (Director) $0 $0 $0
Anshal Shah (Director) $0 $0 $0
Vipul Shah (Director) $0 $0 $0
Haridas Kotahwala (President) $0 $0 $0
Rajeev Pandya (Vice President) $0 $0 $0
Rutali Gandhi (Secretary) $0 $0 $0
Amit Jhalani (Treasurer) $0 $0 $0
Parag Jain (Joint Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$186,018
Expenses
$172,685
Net Income
$13,333
Net Assets
$355,831
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $179,250
96.4%
Investment Income $6,638
3.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $130
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $45,500
26.3%
Assets/Debt
Total Assets $395,975
Total Liabilities $40,144
Net Assets $355,831
Compensation
Key Employees and Officers Compensation Related Other
Shrenil Bhansali (Director) $0 $0 $0
Amit Jhalani (Director) $0 $0 $0
Rutali Gandhi (Director) $0 $0 $0
Nilesh Sheth (Director) $0 $0 $0
Sailesh Lakhi (Director) $0 $0 $0
Prakash Mehta (Director) $0 $0 $0
Prashant Mehta (Director) $0 $0 $0
Parag Jain (Director) $0 $0 $0
Haridas Kotahwala (President) $0 $0 $0
Nitin Jobanputra (Vice President) $0 $0 $0
Shekhar Shah (Secretary) $0 $0 $0
Sujan Doshi (Treasurer) $0 $0 $0
Shiksha Naheta (Joint Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$213,197
Expenses
$194,356
Net Income
$18,841
Net Assets
$342,498
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $209,380
98.2%
Investment Income $3,817
1.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $45,500
23.4%
Assets/Debt
Total Assets $374,092
Total Liabilities $31,594
Net Assets $342,498
Compensation
Key Employees and Officers Compensation Related Other
Shrenil Bhansali (Director) $0 $0 $0
Shailesh Jhalani (Director) $0 $0 $0
Nitin Jobanputra (Director) $0 $0 $0
Haridas Kotahwala (Director) $0 $0 $0
Sailesh Lakhi (Director) $0 $0 $0
Prakash Mehta (Director) $0 $0 $0
Prashant Mehta (Director) $0 $0 $0
Mehul Shah (Director) $0 $0 $0
Nilesh Sheth (President) $0 $0 $0
Sujan Doshi (Vice President) $0 $0 $0
Shekhar Shah (Secretary) $0 $0 $0
Rajeev Pandya (Treasurer) $0 $0 $0
Shiksha Naheta (Joint Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$387,325
Expenses
$348,293
Net Income
$39,032
Net Assets
$323,657
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $384,800
99.3%
Investment Income $2,525
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $45,500
13.1%
Assets/Debt
Total Assets $350,901
Total Liabilities $27,244
Net Assets $323,657
Compensation
Key Employees and Officers Compensation Related Other
Sujan Doshi (Director) $0 $0 $0
Roopam Jain (Director) $0 $0 $0
Haridas Kotahwala (Director) $0 $0 $0
Jay Mehta (Director) $0 $0 $0
Prakash Mehta (Director) $0 $0 $0
Shiksha Naheta (Director) $0 $0 $0
Prateek Nigam (Director) $0 $0 $0
Mehul Shah (Director) $0 $0 $0
Nilesh Sheth (President) $0 $0 $0
Shailesh Jhalani (Vice President) $0 $0 $0
Shrenil Bhansali (Secretary) $0 $0 $0
Rajeev Pandya (Treasurer) $0 $0 $0
Shekhar Shah (Joint Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$488,001
Expenses
$506,683
Net Income
-$18,682
Net Assets
$284,625
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $485,583
99.5%
Investment Income $2,418
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $46,250
9.1%
Assets/Debt
Total Assets $305,419
Total Liabilities $20,794
Net Assets $284,625
Compensation
Key Employees and Officers Compensation Related Other
Shrenil Bhansali (Director) $0 $0 $0
Roopam Jain (Director) $0 $0 $0
Shailesh Jhalani (Director) $0 $0 $0
Jay Mehta (Director) $0 $0 $0
Nirav Mehta (Director) $0 $0 $0
Mehul Shah (Director) $0 $0 $0
Shekhar Shah (Director) $0 $0 $0
Nilesh Sheth (Director) $0 $0 $0
Ashok Sancheti (President) $0 $0 $0
Rakesh Barmecha (Vice President) $0 $0 $0
Prateek Nigam (Secretary) $0 $0 $0
Rajeev Pandya (Treasurer) $0 $0 $0
Neeraj Rawat (Joint Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$436,792
Expenses
$447,887
Net Income
-$11,095
Net Assets
$303,307
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $434,392
99.5%
Investment Income $2,400
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $44,000
9.8%
Assets/Debt
Total Assets $339,357
Total Liabilities $36,050
Net Assets $303,307
Compensation
Key Employees and Officers Compensation Related Other
Shailesh Jhalani (Director) $0 $0 $0
Alok Mehta (Director) $0 $0 $0
Atit Mehta (Director) $0 $0 $0
Rajeev Pandya (Director) $0 $0 $0
Neeraj Rawat (Director) $0 $0 $0
Neil Savalia (Director) $0 $0 $0
Mehul Shah (Director) $0 $0 $0
Rayaz Takat (Director) $0 $0 $0
Nilesh Sheth (Director) $0 $0 $0
Ashok Sancheti (President) $0 $0 $0
Rakesh Barmecha (Vice President) $0 $0 $0
Jay Mehta (Secretary) $0 $0 $0
Nirav Doshi (Treasurer) $0 $0 $0
Prateek Nigam (Joint Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$387,363
Expenses
$421,841
Net Income
-$34,478
Net Assets
$314,403
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $384,802
99.3%
Investment Income $2,561
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $44,000
10.4%
Assets/Debt
Total Assets $338,236
Total Liabilities $23,833
Net Assets $314,403
Compensation
Key Employees and Officers Compensation Related Other
Rakesh Barmecha (Director) $0 $0 $0
Nirav Doshi (Director) $0 $0 $0
Alok Mehta (Director) $0 $0 $0
Atit Mehta (Director) $0 $0 $0
Jay Mehta (Director) $0 $0 $0
Prateek Nigam (Director) $0 $0 $0
Neeraj Rawat (Director) $0 $0 $0
Neil Savalia (Director) $0 $0 $0
Mehul Shah (Director) $0 $0 $0
Prakash Mehta (President) $0 $0 $0
Ashok Sancheti (Vice President) $0 $0 $0
Nilesh Sheth (Secretary) $0 $0 $0
Sourabh Lashkery (Treasurer) $0 $0 $0
Rayaz Takat (Joint Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$437,981
Expenses
$411,571
Net Income
$26,410
Net Assets
$348,881
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $435,857
99.5%
Investment Income $2,124
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $44,000
10.7%
Assets/Debt
Total Assets $384,601
Total Liabilities $35,720
Net Assets $348,881
Compensation
Key Employees and Officers Compensation Related Other
Sushil Goyal (Director) $0 $0 $0
Anu Hirawat (Director) $0 $0 $0
Kailash Jhalani (Director) $0 $0 $0
Nitin Jobanputra (Director) $0 $0 $0
Sourabh Lashkery (Director) $0 $0 $0
Alok Mehta (Director) $0 $0 $0
Atit Mehta (Director) $0 $0 $0
Jay Mehta (Director) $0 $0 $0
Nilesh Sheth (Director) $0 $0 $0
Mehul Shah (President) $0 $0 $0
Haridas Kotahwala (Vice President) $0 $0 $0
Prakash Mehta (Secretary) $0 $0 $0
Shekhar Bhansali (Treasurer) $0 $0 $0
Rayaz Takat (Joint Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$411,986
Expenses
$360,506
Net Income
$51,480
Net Assets
$322,471
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $411,400
99.9%
Investment Income $586
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $47,877
13.3%
Assets/Debt
Total Assets $361,664
Total Liabilities $39,193
Net Assets $322,471

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$408,010
Expenses
$401,105
Net Income
$6,905
Net Assets
$270,991
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $406,801
99.7%
Investment Income $1,209
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $44,000
11.0%
Assets/Debt
Total Assets $309,416
Total Liabilities $38,425
Net Assets $270,991

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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