Coep Alumni Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
To promote the advancement of Science and Education and sponsor scientific and educational projects for the improvement of COEP and its students and also support networking of its alumni in the USA. Significant activities include supporting scholarship of students in India, supporting improvement programs and projects in COEP India. And holding events in USA, specifically in California for promoting connection and networking between COEP Alumni and to increase our donor base.
- Income
- $201,895
- Spending
- $182,627
- Spent on programs
- 100%
- Reserves
- 5.9 months of spending
- Largest source of income
- donations and private grants, 94%
- Employees
- 0
- Volunteers
- 10
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100. Higher than 69% of charities in its peer group (human services, under $250k).
Reserves
20 of 35Spendable reserves would cover 5.9 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 10% of income.
Income trend
15 of 15Income rose 946% on the year before.
Spending floor
15 of 15100% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 62 out of 100. Higher than 46% of charities in its peer group (human services, under $250k).
Independent board
25 of 258 of 8 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $163,192 spent. Provided financial scholarships to 300+ meritorious and underprivileged students at the College of Engineering Pune (COEP) in India, through the COEP Alumni Association, Pune, India. These grants facilitate the advancement of education by ensuring students have the financial resources to complete their engineering degrees. These scholarship funds were provided for school year 2024-25 and 2025-2026
- $11,797 spent. Alumni Engagement for Educational Support. Organized professional conferences, technical fireside chats, and networking events for alumni in the USA. These programs facilitate the advancement of science and education by fostering a professional community that provides mentorship to current students, technical collaboration, and the philanthropic support necessary to fund the foundation's scholarships and other educational projects in India.
- $2,325 spent. Innovation Showcase - Electronics Department. Sponsored and funded the creation of an "Innovation Showcase" within the Electronics Department at COEP India. This scientific project provides a platform for students to demonstrate technical research and engineering prototypes, directly supporting the advancement of science and practical engineering education at the university.
- $5,313 spent. Expenses for website design and other miscellaneous expenses
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2018.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.