IMJV 05/06/2004 3 06 PM 990 Form " `Department of the Treasury Internal Revenue Service 1 The organization ma For the 2003 calendar ear or tax ear beginnin g B Check if applicable Initial return Final return Amended return Application pending Please use IRS label or pant or type . See Specific Instruc- C have to use a co of this return to sates and ending Number and street (or P O box if mad is not delivered to street address) FLANDERS ST Website: 1 J Organization type GARNER NC 27529 ~R ~ V~ u 5 6a b c 7 Sa b c d e 9 a b c 10a b 11 c 12 11-3097675 Telephone number F Accounting method : U Cash 919 -250 - 4052 11 Other (specify) Section 501(c)(3) organizations and 4947(a)(1) nonexempt charitable H and I are not applicable to section 527 organizations trusts must attach a completed Schedule A (Form 990 or 990-EZ). H(a) Is this a group return for affiliates? H(b) if "Yes," enter number of affiliates Membership dues and assessments Interest on sarongs and temporary cash roves Dividends and interest from securities H(C) ~ Are all affiliates included? 13 Program services (from line 44, column (B)) x p e 14 Management and general (from line 44, column (C)) 15 Fundraising (from line 44, column (D)) S e 16 Payments to affiliates (attach schedule) A N$ t et S 18 19 20 21 . . to att. Se ~ Yes ~ No No i 8,071 38,838 Id 2 3 4 s . E 1 . 9c 10c: 11 12 16 17 See Stmt . .l 3 , 372 8d 1s . . 46 , 909 6c 7 1s 14 . Excess or (deficit) for the year (subtract line 17 from line 12) Net assets or fund balances at beginning of year (from line 73, column (A)) Other changes m net assets or fund balances (attach explanation) Net assets or fund balances at end of ear combine lines 18 19 and 20 For Paperwork Reduction Act Notice, see the separate instructions . ~ No is this a separate return filed by an org anization covered b a group ruling ? Yes Group Exem ption Number 1 Check 1 if the organization is not required Gross revenue (not including $ of 9a contributions reported on line 1a) ..... 9b Less : direct expenses other than fundraising expenses . . Net income or (loss) from special events (subtract line 9b from line 9a) Gross sales of inventory, less returns and allowances 10a Less : cost of goods sold . . . ... . . . 10b Gross profit or (loss) from sales of inventory (attach schedule) (subtract line 10b from line 10a) Other revenue (from Part VII, line 103) Total revenue add lines 1d, 2 3 4 5 6c, 7 8d 9c 10c and 11 ~ Yes 1 (If 'No,' att. a list . See insV ) sQ 6a . Gross rents . .. . . .. .. /1~~, ~~ _~ ~. . 6b Less : rental expenses Net rental income or (loss) (subVac (ne 6b om Ii~.6a) Other investment income (describe ' ~~ Gross amount from sales of assets other A Securities than inventory Sa and sales expenses ~ 8b Less : cost or other basis schedule) 8c Gain or (loss) (attach .. line 8c, columns (A) and (B)) Net gain or (loss) (combine Special events and activities (attach schedule). If any amount is from gaming, check here E DAA E ~ Accrual check onl one 1 X 501 c 3 S insert no 4947 a 1 or 527 if the organization's gross receipts are normally not more than $25,000 . H(d) Check here 1 The organization need not file a return with the IRS ; but if the organization received a 1 Form 990 Package in the mad, it should file a return without financial data . Some states M require a complete return . !)U , L tf 1 I L Gross receipts: Add lines 6b, Sb, 9b, and 10b to line 12 . Revenue Ex penses , and Chan g es in Net Assets or Fund Balances Part I 1 Contributions, gifts, grants, and similar amounts received : . . . 1a a Direct public support .. . . .. 1b b Indirect public support . . ... . .. . . . .. 1c c Government contributions (grants) 9U 9 . noncash $ d Total (add lines 1a through 1c) (cash . $ . . . .. 4 2 Program service revenue including government fee/r d cor~acts (from Part VII, line 93) 3 4 Employer ID number t K O Room/suite . City or town, state or country, and ZIP + 4 Inspection D INTERNATIONAL ALUMNI ASSOCIATION OF SHRI MAHAVIR JAIN VIDYALPaYA INC . 11 -19 Open to Public state rep ortin g requirements Name of organization WWW . 133mj V . OT G 2003 Under section 501(c), 527, or 4947(a)(1) of the internal Revenue Code (except black lung benefit trust or private foundation) A Address change Name change OMB No 1545-0047 Return of Organization Exempt From Income Tax 1s 1s 20 21 50 , 281 27 , 725 5 , 003 2 , 467 35 , 195 15 , 086 362 , 396 -500 76 , 982 Form 990 (2003) Form 9902003) 06 PYNTERNATIONAL ALUMNI ASSOCIATION OF 11-3097675 Page 2 All organizations must complete column (A) Columns (B), (C), and (D) are required for section 501(c)(3) and (4) organizations Statement of Functional Expenses and section 4947(a 1 nonexempt charitable trusts but optional for others See a e 22 of the instructions (a) Program (c) Management Do not include amounts reported on line (D) Fundraising Part II (A) Total sb $b 9b 10b or 16 of Part I . Stmt 22 Grants and allocations (attach schedule) 2 (cash $ 27 , 725 cash $ 23 Specific assistance to individuals 24 25 26 27 28 Benefits paid to or for members Compensation of officers, directors, etc . Other salanes and wages . Pension plan contributions Other employee benefits .... 29 Payroll taxes .. 30 Professional fundraising fees . .. . 31 Accounting fees .. 32 Legal fees . ... ... .. 27 , 725 27 , 725 26 27 28 29 30 . .. ... 31 32 33 34 35 36 37 . .. . . . b See Statement 3 22 23 24 25 .. .... . .. . .. .. Supplies . . . . . Telephone . .. Postage and shipping Occupancy Equipment rental and maintenance . . . . . . . . Printing and publications .. . Travel Conferences, conventions, and meetings Interest Depreciation, depletion, etc (attach schedule) Other expenses not covered above (itemize) . a 33 34 35 36 37 38 39 40 41 42 43 ) and general services 38 39 40 41 42 43a asb 7 , 470 43c c d 5 , 003 2 f 467 5 , 003 1 2 , 467 43d e . . . . . . . . 44 Total functional expenses (add lines 22 - 43) Organizations com pleting columns B D car these totals tolines l3-15 Joint Costs . Check 1 u if you are following SOP 9&2 . . 43e 44 35 195 27 , 725 1 Are any joint costs from a combined educational campaign and fundraising solicitation reported m (B) Program services? , and (iv) the amount allocated to Fundraising $ (ili) the amount allocated to Management and general $ Part III Statement of Program Service Accomplishments What is the orgarnzaUon's primary exempt purpose? t PROMOTE JAIN PHILOSOPHY . 1 ~ Yes ~ No ; (ii) the amount allocated to Program services $ If 'Yes,* enter (i) the aggregate amount of these point costs $ See page 25 of the instructions . Program Service Expenses &. . EDUCATION . , , , , . .. . . . . . . . . , All organizations must describe their exempt purpose achievements in a clear and concise manner . State the number of clients served, publications issued, etc Discuss achievements that are not measurable . (Section 501(cx3) and (4) nrnani7atinns and dQd71a1111 nnnaYPmnt rharitahla tnists must also enter the amount of grants and allocations to otflers.) a FUNDS WERE USED TO HELP VARIOUS EDUCATIONAL ASSI - AN EDUCATIONAL INSTITUTION IN BOMBAY, INDIA TO PROVIDE . . . EDUCATIONAL ASSISTANCE b INTEREST. . FREE .SCHOLARSHIP. .LOANS IN THE AMOUNT OF. $ 57,000 GIVEN TO 31 BRIGHT AND NEEDY STUDENTS (Required for 501(c)(3) & (4) orgs , & 4947(a)(1) vests, but optional for others-) 27,725 27,725 c . .. . Grants and allocations . $ . . . .. d .. . . Grants and allocations e Other p rog ram services attach schedule Grants and allocations f Total of Program Service Expenses (should equal line 44, column (B), Program services) DAA $ $ 1 27,725 Form 990 (2003) 1MJV 05/06/2004 3 06 PM Form 990 (2003) Part IV Note : s s e t s 47a b Accounts receivable Less : allowance for doubtful accounts 48a b 49 50 .. . 48a Pledges receivable . 48b Less : allowance for doubtful accounts Grants receivable Receivables from officers, directors, trustees, and key employees .. (attach schedule) . . .. . . . . Other notes and loans receivable (attach 239 , 500 schedule) . . . . . . . See Worksheet spa 51b Less : allowance for doubtful accounts . . . Inventories for sale or use . .,, . . D Prepaid expenses and deferred charges Cost ~ .FMV Investments-securities 1. Investments-land, buildings, and 55a equipment : basis . . ,. ... . b 52 53 54 55a b 56 57a b 58 i a i i s (A) Beg innin g of ear 2 , 526 160 , 870 46 51a 59 60 61 62 63 64a b 65 Page 3 Balance Sheets (See page 25 of the instructions .) Where required, attached schedules and amounts within the description column should be for end-of-year amounts onl y . Cash-non-interest-bearing .... . . ... Savings and temporary cash investments 45 A INTERNATIONAL ALUMNI ASSOCIATION OF 11-3097675 47a ... Less . accumulated depreciation (attach schedule) . . .. . . . Other assets (describe. .1 . 47c 47b Less : accumulated depreciation (attach schedule) . . . . . . . . .. . 55b Investments-other (attach schedule) . . . . . . .. . . . . . . . . 57a Land, buildings, and equipment : basis ) 48c 49 50 199 , 000 51c 52 53 54 239 , 500 55c 56 ... 57c 57b 58 Total assets add lines 45 throug h 58 must eq ual line 74 Accounts payable and accrued expenses .. . . . . Grants payable . . . . . . . . . . . Deferred revenue . .. . Loans from officers, directors, trustees, and key employees (attach . schedule) .. . . . Tax-exempt bond liabilities (attach schedule) . . .. . . Mortgages and other notes payable (attach schedule) . . . . Other liabilities (describe 1 ) 66 Total liabilities add lines 60 throug h 65 . .. . . . . Organizations that follow SFAS 117, check here 1 U and complete lines 67 through 69 and lines 73 and 74 . 45 46 (B) End of ear 4 , 808 132 , 674 . 362 , 396 59 60 61 62 376 , 982 63 64a 64b 65 ... . 0 66 362 , 396 Unrestricted e u 68 Temporarily restricted . . . . ... . . t o d 69 Permanently restricted q Organizations that do not follow SFAS 117, check here .1 a and s B complete lines 70 through 74 . s a 70 Capital stock, trust principal, or current funds e I 71 paid-in or capital surplus, or land, budding, and equipment fund t a Retained earnings, endowment, accumulated income, or other funds s n 72 c 73 Total net assets or fund balances (add lines 67 through 69 or lines 00 70 through 72 ; r S . . 362 396 column (A) must equal tine 19 ; column (B) must equal tine 21) 362 396 74 Total liabilities and net assets 1 fund balances add lines 66 and 73 Form 990 is available for public inspection and, for some people, serves as the primary or sole source of information about a particular organization . How the public perceives an organization in such cases may be determined by the information presented on its return . Therefore, please make sure the return is complete and accurate and fully describes, m Part III, the organization's programs and accomplishments . DAA 67 68 69 376 , 982 70 71 72 73 74 376 , 982 376 , 982 IMJV 05/06/2004 3 06 PM INTERNATIONAL ALUMNI ASSOCIATION OF 11-3097675 Pag e 4 " Reconciliation of Revenue per Audited Part IV-13 Reconciliation of Expenses per Audited Financial Statements with Expenses per Financial Statements with Revenue per Return Return See pa g e 27 of the instructions . Total expenses and losses per Total revenue, gains, and other support a 50 , 281 a 35 , 195 per audited financial statements 1 a audited financial statements .. 1 Form 990 2003 Part IV-A a b Amounts included on line a but not on b Amounts included on line a but not on line 17, Form 990 : (1) Donated services and use of fatalities $ line 12, Form 990 : (1) Net unrealized gains on investments $ (2) Donated services and use of facilities $ (3) Recoveries of prior year grants S (2) Pnor year adjustments reported on line 20, Form 990 E (3) Losses reported on line 20, Form 990 E (4) Other (specify): (4) Other (specify) : . . .. c d Add amounts on lines (1) through (4) 1 b dine a minus line b Amounts included on line 12, Form 990 but not on line a : t c (1) Investment expenses not included on line 6b, Form 990 $ (2) Other (specify): ...... $ Add amounts on lines (1) through (4) 50 , 281 c dine a minus line b d Amounts included on line 17, Form 990 but not on line a : (1) Investment expenses not included on line 6b, Form 990 E 1 t b c 35 , 195 (2) Other (specify) : . 5 5 1 Add amounts on lines (1) and (2) 1 d Add amounts on lines (1) and (2) d e Total revenue per line 12, Form 990 a Total expenses per line 17, Form 990 50 281 line c p lus line d 1 e 35 , 195 line c plus line d 1 e Part V List of Officers, Directors, Trustees, and Key Employees (List earn one even if not compensated, see page 27 of the instructions. (D) Contnb . to (B) Title and average (C) Compensation (E) Expense hours per week devoted to (If not paid, enter plans t~edefernreed account and other (A) Name and address po sition -p-, allowances ICPrNTI MEPANI PRESIDENT 0 0 P .O .BOX 1188 SYOSSEY NY 11791 18 0 RAMESH G . FOFARIA 11-19~FLANDERS ST . GARNER~NC 27529~~ KANAN PATRAWALLA 21 WYNNWOOD RD . CHATHAM NJ 07923 VASANT G . SHAH 41 PARSLER PLACE FORDS NJ~08863 VICE-PRESID E 18 GEN . SECRET 18 TREASURER 18 0 0 0 0 0 0 0 0 0 . . 75 Did any officer, director, trustee, or key employee receive aggregate compensation of more than $100,000 from your organization and all related organizations, of which more than $10,000 was provided by the related organizations? See Stmt 4 If "Yes," attach schedule-see page 28 of the instructions . 1 ~X Yes 11 No Form 990 (2003) DAA 1MJV 05106/2004 3 06 PM ~Form990(2003) INTERNATIONAL ALUMNI ASSOCIATION OF 11-3097675 Part VI Other Information (See page 28 of the instructions.) 76 77 78a b 79 80a b 81a b 82a b 83a b 84a b 85 b c d e f g h 86 87 b b SS 89a b c d 90a 91 92 and check whether it is D exempt or El nonexempt . Enter direct and indirect political expenditures . See line 81 instructions 81a Did the organization file Form 1120-POL for this year? N/A Did the organization receive donated services or the use of materials, equipment, or fatalities at no charge . .. . or at substantially less than fair rental value? If "Yes," you may indicate the value of these items here . Do not include this amount as . revenue in Part I or as an expense in Part II (See instructions in Part III .) 82b Did the organization comply with the public inspection requirements for returns and exemption applications? Did the organization comply with the disclosure requirements relating to quid pro quo contributions? Did the organization solicit any contributions or gifts that were not tax deductible? If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? 501(c)(4), (5), or (6) organizations . a Were substantially all dues nondeductible by members? Did the organization make only in-house lobbying expenditures of $2,000 or less? If "Yes" was answered to either 85a or 85b, do not complete 85c through 85h below unless the organization . .. . N/A . . . N/A N/A N/A received a waiver for proxy tax owed for the prior year. Dues, assessments, and similar amounts from members 85c Section 162(e) lobbying and political expenditures .. . 85d Aggregate nondeductible amount of section 6033(ex1)(A) dues notices .... . 85e Taxable amount of lobbying and political expenditures (line 85d less 85e) . . 85f Does the organization elect to pay the section 6033(e) tax on the amount on line 85f? . . . ... If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount on line 85f to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year? 501(c)(7) orgs Enter : a Initiation fees and capital contributions included on line 12 86a Gross receipts, included on line 12, for public use of club facilities 86b 501(c)(12) orgs . Enter : a Gross income from members or shareholders . . . . 87a Gross income from other sources . (Do not net amounts due or paid to other . . .. . . sources against amounts due or received from them .) . .. , .. . 87b At any time during the year, did the organization own a 50% or greater interest in a taxable corporation or partnership, or an entity disregarded as separate from the organization under Regulations sections 301 .7701-2 and 301 .7701-3? If "Yes," complete Part IX 501(c)(3) organizations . Enter: Amount of tax imposed on the organization during the year under: section 4911 1 0 ; section 4912 1 0 ; section 4955 1 501(cx3) and 501(c)(4) orgs . Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year? If "Yes," attach a statement explaining each transaction Enter . Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958 Enter: Amount of tax on line 89c, above, reimbursed by the organization List the states with which a copy of this return is filed 1111' NY . . . Section 4947(a)(1) nonexempt charitable trusts filing Form 990 m lieu of Form 1041- Check here and enter the amount of tax-exempt interest received or accrued during the tax year . .. No 76 77 X X 78a X 78b Was there a liquidation, dissolution, termination, or substantial contraction during the year? If "Yes," attach a statement Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization? If "Yes," enter the name of the organization 1 b Number of employees employed in the pay period that includes March 12, 2003 (See instructions .) The books are m care of 1 RMMESH FOFARIA . . .. . located at 111- GARNER NC DAA Yes Did the organization engage in any activity not previously reported to the IRS? If "Yes," attach a detailed description of each activity Were any changes made in the organizing or governing documents but not reported to the IRS? If "Yes," attach a conformed copy of the changes . Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return? If "Yes," has it filed a tax return on Form 990-T for this year? 79 X 80a X 81b 82a X 832 83b 84a X X 84b 85a 85b N/A SS N/A 85h 88 X 89b X 0 . . . . .. .. . 1 . . 1 L 90b Telephone no. 1 ZAP + 4 t 27529 1 ~ 92 . 0 . . 10, Form 990 (2003) T IMJV 05/06/2004 3 06 PM INTERNATIONAL ALUMNI ASSOCIATION OF 11-3097675 Form 990 (2003) Part VII -Analysis of Income-Producin g Activities See Page 33 of the instructions. Note : Enter gross amounts unless otherwise Unrelated business income indicated. 93 a (A) Business code Program service revenue : Excluded b sec 512, 513, or 514 (p) (C) xclusio Amount (B) Amount code ~ b c d e f Medicare/Medicaid payments g Fees and contracts from government agencies 94 Membership dues and assessments 95 Interest on savings and temporary cash investments Dividends and interest from securities Net rental income or (loss) from real estate : .. . a debt-financed property b not debt-financed property 98 Net rental income or (loss) from personal property . . . 99 Other investment income 100 Gain or (loss) from sales of assets other than inventory 101 Net income or (loss) from special events 102 Gross profit or (loss) from sales of inventory 103 Other revenue : a b Page 6 14 96 97 . I (E) Related or exempt function income 3 , 372 . . c d e Boa Subtotal add columns (s), (D), and (E)) . 0 ... 105 Total (add line 104, columns (B), (D), and (E)) .. . . . . . Note : Line 105 plus line 1d, Part I, should equal the amount on line 12, Part I . Part VIII Line No. Information Regardii A art IX Taxable Subsidiaries and Name, address, and EIN of corporation, . of isre arded Entities C Nature of equities N/A Part X Information Re Transfers Associated with Persc (a) Did the organization, during the year, receive any funds, directly or (b) Did the orgarnzabon, during the year, pay premiums, directly or ind Note : If "Yes" to b file Form 8870 and Form 4720 see instructions Under penalties of perjury, I declare that I have examined this r i and belief, i~ue, correct, and co plete D cd ratio fpr arer t Please ' Sign Here Signature or officer ' Rczv» es~ C' . rro~UV ~~ Type or not name and title Paid Preparer's DAA 1 0 3 , 372 . Relationship of Activities to the Accomplishment of Exem pt Purposes See page 34 of the instructions. Explain how each activity for which income is reported in column (E) of Part VII contributed importantly to the accomplishment of the organization's exem pt purp oses other than b providing funds for such purposes ) N/A Use Only 3 , 3721 Preparers si nature , F ~~ /- ~ Firm's game (or yours if self-employed), address. and ZIP + 4 K . K . Mehta , CPA 1 42 Bristol Dr North Hills , NY See page 34 of Total income r IMJV 05/06/2004 3 06 PM Organization Exempt Under Section 501(c)(3) -SCHEDULE A ( Form 990 or 990-'EZ) Department of the Treasury intemai Revenue Service ones No 1sas-oc (Except Private Foundation ) and Section 501 (o ), 501 (~I~ 5011 (k ), 501(n), or Section 4947(a)(1) Nonexempt Charitable Trust 2003 Supplementary Information-(See separate instructions.) 1 MUST be com p leted b the above org anizations and attached to their Form 990 or 990-EZ Employer identification number Name of the organization INTERNATIONAL ALUMNI ASSOCIATION OF SHRI MAHAVIR JAIN VIDYALAYA INC . 11-3097675 Part I Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees See page 1 of the instructions. List each one . If there are none enter "None ." (a) Name and address of each employee paid more than $50,000 NONE . . Total number of other employees paid over $50 ,000 Part II (b) Title and average hours per week devoted to position . (c) Compensation (d) Contributions to employee ben plans 8 deferred compensation (e) Expense account and other allowances . 1 Compensation of the Five Highest Paid Independent Contractors for Professional Services See page 2 of the instructions. List each one whether individuals or firms ). If there are none enter "None ." (a) Name and address of each independent contractor paid more than $ 50,000 (b) Type of service (c) Compensation NONE Total number of others receiving over $50,000 for professional services For Paperwork Reduction Act Notice, see the Instructions for Form 990 and Form 990-EZ. DAA Schedule A (Form 990 or 990-EZ) 2003 1MJV 05/06/2004 3 06 PM Schedule A ( Form 990or990-EZ 2003 Part III INTERNATIONAL ALUMNI ASSOCIATION OF 11-3097675 Pa e : Statements About Activities (See page 2 of the instructions .) Yes During the year, has the organization attempted to influence national, state, or local legislation, including any attempt to influence public opinion on a legislative matter or referendum? If "Yes," enter the total expenses paid (Must equal amounts on line 38, or incurred in connection with the lobbying activities 1 $ Part VI-A, or line i of Part VI-B ) . . ,. .. ,, Organizations that made an election under section 501(h) by filing Form 5768 must complete Part VI-A . Other organizations checking "Yes" must complete Part VI-B AND attach a statement giving a detailed description of 1 No 1 the lobbying activities . During the year, has the organization, either directly or indirectly, engaged in any of we following acts with any substantial contributors, trustees, directors, officers, creators, key employees, or members of their families, or with any taxable organization with which any such person is affiliated as an officer, director, trustee, majority owner, or principal beneficiary? (If the answer to any question is "Yes," attach a detailed statement explaining the 2 transactions ) a b c d e 3a 3b 4 Sale, exchange, or leasing of property? Lending of money or other extension of credits . . . . . . . . . . . Furnishing of goods, services, or facilities? Payment of compensation (or payment or reimbursement of expiration d more than $1,000)? ,,, Transfer of any part of its income or assets? . . . Do you make grants for scholarships, fellowships, student loans, etc ? (If "Yes," attach an explanation of how ... you determine that recipients qualify to receive payments ) .. . See Sit. . $ Do you have a section 403(b) annuity plan for your employees? Did you maintain any separate account for participating donors where donors have the right to provide advice on the use or distribution of funds? . . Part IV . 2a 2b 2c 2d X X X 2e X 3a 3b . X X X 4 Reason for Non-Private Foundation Status (See pages 3 through 6 of the instructions .) The or anization is not a private foundation because it is : (Please check only ONE applicable box.) 5 A church, convention of churches, or association of churches. Section 170(b)(1)(AxQ. 6 A school . Section 170(b)(1xA)(n). (Also complete Part V .) 7 A hospital or a cooperative hospital service organization . Section 170(b)(1)(A)(ui) 8 A Federal, state, or local government or governmental unit . Section 170(b)(1)(Axv) 9 u A medical research organization operated in conjunction with a hospital . Section 170(b)(1)(A)(ui) . Enter the hospital's name, city, 10 F] 11a X 11b 8 12 13 ~ and state 1 An organization* operated for the benefit of a college or university owned or operated by a governmental unit. Section 170(b)(1)(A)(iv) . (Also complete the Support Schedule in Part IV-A .) An organization that normally receives a substantial part of its support from a governmental unit or from the general public. Section 170(b)(1)(AXvi) . (Also complete the Support Schedule in Part IV-A.) A community trust. Section 170(b)(1)(Axvi) (Also complete the Support Schedule in Part IV-A .) An organization that normally receives . (1) more than 33 113% of its support from contributions, membership fees, and gross receipts from activities related to its charitable, etc., functions-subject to certain exceptions, and (2) no more than 33113% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 . See section 509(a)(2). (Also complete the Support Schedule in Part IV-A.) An organization that is not controlled by any disqualified persons (other than foundation managers) and supports organizations described in : (1) lines 5 through 12 above, or (2) section 501(c)(4), (5), or (6), if they meet the test of section 509(a)(2) . (See section 509(aH3) .) Provide the followin g information about the su pported org anizations . See p a ge 5 of the instructions. (a) Name(s) of supported organization(s) 14 DAA . (b) Line number from above F1 An organization organized and operated to test for public safety . Section 509(a)(4) . (See page 6 of the instructions .) Schedule A (Form 990 or 990-EZ) 2003 IMJV 05/06/2004 3 06 PM Schedule A (Form 990 or 990-EZ) 2003 INTERNATIONAL ALUMNI ASSOCIATION OF 11-3097675 Part IV-A Support Schedule (Complete only if you checked a box on line 10, 11, or 12 .) Use cash method of accounting . Note : You qna use the worksheet m the instructions for converting from the accrual to the cash method of accountin . 1 Calendar ear or fiscal ear beg innin g In a 2002 b 2001 c 2000 d 1999 15 Gifts, grants, and contributions received . (Do not include unusual rants . seeline 2s . Membership fees received Gross receipts from admissions, merchandise 16 17 sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc , pu rpo se . Gross income from interest, dividends, amounts received from payment on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the o rg anization after June 30, 1975 18 19 Net income from unrelated business activities not included in line 18 Tax revenues levied for the organization's benefits and either paid to it or expended on its behalf The value of services or facilities famished to the organization by a governmental unit without charge Do not include the value of services or facilities generally famished to the public without charg e Other income. Attach a schedule Do not include gain or (loss) from S ~~ sale of ca ital assets 6 Total of pines 15 throug h 22 pine 23 minus pine 17 20 21 22 23 24 25 26 b c d Page 3 e Total 38 , 276 84 , 615 154 , 676 226 , 720 504 , 287 0 3 , 840 7 , 487 11 , 445 6 , 038 28 , 810 0 42 116 42 , 116 421 92 , 102 92 , 102 921 166 , 121 2 , 500 2 , 500 235 , 258 235 , 258 2 , 353 . . . . . . 1 26a 535 , 597 535 , 597 1 1 111 , 8 44 5 3 5 , 597 166 , 121 Enter I% of pine 23 1 , 661 , Organizations described on lines 10 or 11 : a Enter 2% of amount in column (e), line 24 .. Prepare a list for your records to show the name of and amount contributed by each person (other than a governmental unit or publicly supported organization) whose total gifts for 1999 through 2002 exceeded the amount shown m line 26a . Do not file this list with your return . Enter the total of all these excess amounts Total support for section 509(ax1) test. Enter line 24, column (e) . . ... Add : Amounts from column (e) for lines : 18 28 ,810 19 22 2 , 500 111,844 26b Public support (line 26c minus line 26d total) 26b 26c 10 , 712 101, 26d 143 , 154 e 1 26e 392 , 443 f Public su pp ort p ercenta ge line 26e numerator divided b line 26c denominator .. 1 26f 73 .2721 % 27 Organizations described on line 12 : a For amounts included in lines 15, 16, and 17 that were received from a "disqualified person," prepare a list for your records to show the name of, and total amounts received in each year from, each "disqualified person ." Do not file this list with your return . Enter the sum of such amounts for each year' N/A (2002) (2001) . . ... (2000) ... . (1999) .. b For any amount included in line 17 that was received from each person (other than "disqualified persons"), prepare a list for your records to . show the name of, and amount received for each year, that was more than the larger of (1) the amount on line 25 for the year or (2) $5,000 . (Include m the list organizations described in lines 5 through 11, as well as individuals.) Do not file this list with your return . After computing the difference between the amount received and the larger amount described in (1) or (2), enter the sum of these differences (the excess amounts) for each year: N/A (2002) . . . . . . . ... . . (2001) (2000) . . . .. . (1999) . . . . . . c Add' Amounts from column (e) for lines : 15 16 17 20 21 1 27c d Add : Line 27a total and line 27b total 1 27d e Public support (line 27c total minus line 27d total) ... . ,, , , . . . . . . 1 27e f Total support for section 509(a)(2) test : Enter amount on line 23, column (e) 1 27f g Public support percentage (line 27e (numerator) divided by line 27f (denominator)) 1 27 h Investment income percentag e line 18 column e numerator divided b line 27f denominator . . . . 1 27h 28 Unusual Grants : For an organization described in line 10, 11, or 12 that received any unusual grants during 1999 through 2002, prepare a list for your records to show, for each year, the name of the contributor, the date and amount of the grant, and a brief DAA description of the nature of the grant. Do not file this list with your return . Do not include these grants in line 15 . Schedule A (Form 990 or 990-EZ) 2003 IMJV 05/06/2004 3 06 PM 'Schedule A (Form 990 or 990-EZ) 2003 INTERNATIONAL ALUMNI ASSOCIATION OF 11-3097675 Part V Private School Questionnaire (See page 7 of the instructions.) To be com pleted ONLY b schools that checked the box on line 6 in Part IV Does the organization have a racially nondiscriminatory policy toward students by statement in its charter, bylaws, other governing instrument, or in a resolution of its governing body? Does the organization include a statement of its racially nondiscriminatory policy toward students in all its brochures, catalogues, and other written communications with the public dealing with student admissions, programs, and scholarships? Has the organization publicized its racially nondiscriminatory policy through newspaper or broadcast media during the period of solicitation for students, or during the registration period if it has no solicitation program, in a way 29 30 31 N/A 29 Yes No 30 that makes the policy known to all parts of the general community it serves? If "Yes," please describe ; if "No," please explain . (If you need more space, attach a separate statement .) 32 Page 4 .. . . . .. . . . . .. Does the organization maintain the following : a Records indicating the racial composition of the student body, faculty, and administrative staff? b Records documenting that scholarships and other financial assistance are awarded on a racially nondiscriminatory basis? c Copies of ail catalogues, brochures, announcements, and other written communications to the public dealing with student admissions, programs, and scholarships? , .... d Copies of ail material used by the organization or on its behalf to solicit contributions? . . . 31 . 32a 32b .. . . 32c 32d If you answered "No" to any of the above, please explain . (If you need more space, attach a separate statement .) 33 Does the organization discriminate by race in any way with respect to : 33a a Students' rights or privileges? b Admissions policies c Employment of faculty or administrative staff? . . , ,, , , .. .. . , , .. . 33b _ , ,, , d Scholarships or other financial assistance? e Educational polices? f ... . . ... 33e 33f Use of facilities? g Athletic programs? . . ... h Other extracurricular activities? _L32 33h If you answered "Yes" to any of the above, please explain. (If you need more space, attach a separate statement.) 34a Does the organization receive any financial aid or assistance from a governmental agency? b Has the organization's right to such aid ever been revoked or suspended? If you answered "Yes" to either 34a or b, please explain using an attached statement . 35 DAA 34a .. . 34b Does the organization certify that it has complied with the applicable requirements of sections 4 .01 through 4 .05 of Rev . Proc 75-50,1975-2 C B . 587, covering racial nondiscrimination? If "No," attach an explanation . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 35 Schedule A (Form 990 or 900-EZ) 2003 1MJV 05/06/2004 3 06 PM Schedule A (Form 990 or 990-EZ) 2003 INTERNATIONAL ALUMNI ASSOCIATION OF 11-3097675 Part VI-A ' Lobbying Expenditures by Electing Public Charities (See page 9 of the instructions.) (To be completed ONLY by an eligible organization that filed Form 5768) N/A Check 1 a I I if the (a) Affiliated group totals Limits on Lobbying Expenditures 36 Total lobbying expenditures to influence public opinion (grassroots lobbying) 37 Total lobbying expenditures to influence a legislative body (direct lobbying) 38 Total lobbying expenditures (add lines 36 and 37) Page 5 (b) To be completed for ALL electing organizations 36 37 39 Other exempt purpose expenditures 40 Total exempt purpose expenditures (add lines 38 and 39) 41 Lobbying nontaxable amount Enter the amount from the following table- 40 If the amount on line 40 is- The lobbying nontaxable amount is- Not over $500,000 20% of the amount on line 40 Over $500,000 but not over $1,000,000 . $100,000 plus 15% of the excess over $500,000 Over $1,000,000 but not over $1,500,000 $175,000 plus 10% of the excess over $1,000,000 Over $1,500,000 but not over $17,000,000 $225,000 plus 5% of the excess over $1,500,000 Over $17,000,000 $1,000,000 42 Grassroots nontaxable amount (enter 25% of line 41) 43 Subtract line 42 from line 36 . Enter -0- if line 42 is more than line 36 44 Subtract line 41 from line 38 Enter -0- if line 41 is more than line 38 . 43 I is an amount on eimer line as or line 44, you must nie rorm 4izu I 4-Year Averaging Period Under Section 501(h) (Some organizations that made a section 501(h) election do not have to complete all of the five columns below. Lobbying Expenditures During 4-Year Averaging Period Calendar year (or t I (a) I (b) I (c) I (d) (e) 46 Lobbying ceding amount (150% of line 45(e)1 49 Grassroots ceiling amount (150% of Part VI-B Lobbying Activity by Nonelecting Public Charities For re porting onl y b org anizations that did not com p lete Part VI-A ) ( See paq 12 of the instructions . ) N/A During the year, did the organization attempt to influence national, state or local legislation, including any Yes No Amount attempt to influence public opinion on a legislative matter or referendum, through the use of. a Volunteers b Paid staff or management (Include compensation in expenses reported on lines c through h .) . . . ... . c Media advertisements d Mailings to members, legislators, or the public e Publications, or published or broadcast statements f Grants to other organizations for lobbying purposes . . . .. . g Direct contact with legislators, their staffs, government officials, or a legislative body . h Rallies, demonstrations, seminars, conventions, speeches, lectures, or any other means i Total lobbying expenditures (Add lines c through h .) If "Yes" to any of the above, also attach a statement giving a detailed description of the lobbying activities. Schedule A (Form 990 or 990-EZ) 2003 DAA IMJV 05/06/2004 3 06 PM Schedule A (Form 990 or 990-EZ) 2003 INTERNATIONAL ALUMNI ASSOCIATION OF 11-3097675 Part VII Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (See page 12 of the instructions.) 51 Did the reporting organization directly or indirectly engage m any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations? a Transfers from the reporting organization to a nonchantable exempt organization of . (i) Cash ,. (ii) Other assets b Other transactions: .. . .. . . (i) (ii) (iii) (iv) (v) (vi) Sales or exchanges of assets with a noncharitable exempt organization Purchases of assets from a nonchantable exempt organization Rental of facilities, equipment, or other assets . . . . .. . Reimbursement arrangements . . .. . . . . .. Loans or loan guarantees Performance of services or membership or fundraising solicitations . . .. , . .. . . . . .. . . . ... . . ., 51a( i ) a ( !! ) (a) (b) (c) Amount involved Name of nonchantable exempt orqan¢ation Yes b ( i) b ( II) b (III ) b iv b ( v) b vi ., c Sharing of facilities, equipment, mailing lists, other assets, or paid employees ... d If the answer to any of the above is "Yes," complete the following schedule . Column (b) should always show the fair market value of we goods, other assets, or services given by the reporting organization If the organization received less than fair market value in any transaction or sharing arran g ement , show m column d the value of the g oods , other assets or services received : Line no Page 6 c No X X X X X X X X X (d) Descnotion of transfers. transactions. and shanna arrangements N/A 52a DE+a Is the organization directly or indirectly affiliated with, or related to, one or more tax-exempt organizations described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527? . . .. 1 ~ Yes 99 No Schedule A (Form 990 or 990-EZ) 2003 IMJV 05/06/2004 3 06 PM Other Notes and Loans Receivable Forms 990 / 99a-PF Name For calendar ear 2003 or tax ear be ginnin g and ending INTERNATIONAL ALUMNI ASSOCIATION OF SHRI MAHAVIR JAIN VIDYALAYA INC . Form 990 Part IV 2 3 Employer Identification Number 11-3097675 Line 51a - Additional Information Name of borrower i 2003 Relationship to disqualified person Loan receivable 4 5 6 7 8 9 10 Original amount borrowed I Date of loan Security provided by borrower Consideration famished by lender I Maturity date I Repayment terms I Interest rate Purpose of loan I Balance due at beginning of year Balance due at end of year 199,000 239,500 199,000 1 239,500 Fair market value (990-PF only) International Alumni Association of ID Number 11-3097675 Tax Year 2003 Page 3, Part IV, Line 51 a IAAMJV LOAN SCHOLARSHIP RECIPIENTS No. Year Scholarshi p Recipients Loan Amount Loan Amount Repaid GRADUATE LOAN SCHOLARSHIPS 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11 . 12. 13 . 14. 15 . 16. 17. 18. 19. 20. 21 . 22. 23. 24. 25. 26. 27. 28. 29. 30. 31 . 32. 33. 34. ~ 1993 1994 1995 1996 1997 1998 1999 Dr. A.M. Cho ada Chirantan Parikh Ashish Pandit Kunal Shah Bimal Mehta Ke r Gandhi Kal a Shah A urea Dalia Hitesh Shah Snehal Shah Bhavesh Gandhi Ritesh Ramesh Shah Nira' V. Shah Nemish M. Shah Devan A. Shah Ke r N. Shah Nehal Delivala Amit Lodha Pratik D. Sheth Bhavik N. Ka adia Vimal P. Shah Dhaval B. Shah Ru al C . Mehta ' Snehal R. Shah Viral N. Shah Mukesh Jain Dee esh Bhandari Kamal S. Shah Di en B . Doshi Pratik H. Shah Maulik R. Shah Gaurav M. Shah Nehal N. Shah Chirag S. Shah $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $1000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 Page 6 of 11 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $1000.00 $2000.00 $2000.00 $2000.00 $2000.00 35 . 36. 37 . 38 . 39 . 40. 41 . 42 . 43 . 44. 45 . 2000 46. 47 . 48 . 49. 50. 51 . 52 . 53 . 54. 55 . 56 . 57 . 58 . 59 . 60. 61 . 62 . 63. 64 . 65. 66. 67. 68. 69. 70. 71 . 72. 73. 74. 75. 76 77 2001 78 79 80 81 82 1 Ankit M. Shah Rahul M. Zaveri Ji nesh H. Shah Keyur Shah San'a Ka asi Pankil R. Shah Sunetra D. Maniar Kulin N. Kothari Bhavesh J. Shah Nikun' B . Shah Himanshu R . San havi Snehal J . Shah Jitendra J. Godha Mitesh M. Metali a Mehul M. Shah A urea J. Shah Chira P. Shah Bhavin B . Doshi Ji nesh A. Mehta Bhavik D. Shah Anura S . Shah Amit A. Shah Sanket P. Gandhi Chintan A. Shah Alkeshkumar S. Sheth Mehul R. Shah Mihir V. Shah Parthiv Shah Ri al M. Shah Rahul K. Parekh Swa nil V. Shah Prakash P. Shah Jinal S. Shah Rahul M. Shah Ketan Jhaveri Tanma Patani Sonali D. Shah Di al N. Gandhi Ru sh San havi Hetal V . Shah Gaurav R. Shah Pratik A. Shah Vikesh B . Jain Riddhis J. Shah Shalin D. Shah Siddharth V. Shah Amit Gala ~ Bhavin P. Shah $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $1500.00 $1000.00 $1500.00 $1000.00 $1000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 Page 7 of 11 $2000.00 $2000.00 $1500.00 $1000.00 $1000.00 $1000.00 $2000.00 $2000.00 $2000.00 $1000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $1000.00 $2000.00 $2000.00 $2000.00 83 84 g5 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 2002 Hemant Kumar Jain Dive as B . Vora Harshit A. Shah Anish J. Shah Uda R . Shah Nila H Shah Chintan A. Shah Chintan H. Sheth Arvind K . Sanklecha Mitvin C . Shah Ji ar J . Shah Manish K. Loda a. Chira L.Shah Nishant R. Gandhi Paritosh D. Fifadra Bimal P.Shah Jinesh N. Varia Kunal D. Shah Dhruvish S.Shah Nirmit V .Desai Amit Shashikant Shah Pri an R.Shah Hardik A. Doshi Vinit M.Shah Riken K. Shah Siddharth N.Jain Alok S . San havi Kshiti' A . Shah Ankit D. San hvi Ra'at V. Kasliwal Parimal U. Shaha Kal esh R. Nandu Mitesh J. Mehta Sahil G. Shah Pranav J. Shah Mano' B. Hari a Naimesh V . Shah Amit L. Shah Teas A. Shah Jinesh C. Shah Bi'al S. Shah Haren K. Gosal Viral C. Masalia Daven M. Shah Prasannkumar P. Bafna Chintan S. Shah Nila A. Shah Hardik A . Shah $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 Page 8 of 11 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 131 Kal esh R. Nandu 132 Reena P. Sheth 133 Vishal P. Kothari 134 Tanvi J . Mediwala 135 Teas H. san havi 136 Darshan A. Shah 137 Ashish C. Vora 138 Millind H . Shah 139 Paras V. Shah 140 2003 Pa al S. Salvi 141 Teas J . Shah 142 Nikesh R. Shah 143 Teal B. Go ani 144 Vishal K. Shah 145 Parthiv K. Parikh 146 Harshad C. Parekh 147 Pratik N. Gosalia 148 Taran P. Dadia Jal a K. Shah 149 150 Jeenal M. Shah 151 Anu Abha Shah 152 Panka' S. Bhandari 153 Hemal N. Ru ani 154 Himanshu Shah 155 Rushabh R. Shah 156 Vivek A. Shah 157 Nirav H. Gala 158 Shubh B. Shah 159 Bhushan S. Len ade 160 Nirav Shah 161 Teas Shah 162 Bhavin Safi 163 Sarita Bafna Total Loan Amount Total Foreign Scholars as of 12/31/2003 $2000.00 $2000.00 $2000.00 $2000 .00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $2000.00 $ 321000 .00 $111500.00 163 UNDERGRADUATE LOAN SCHOLARSHIPS 1 2 3 4 5 6 [7 8 2000 2001 ~ Ji ar D. Shah Amish A. Shah Daven J. Savla Natasha P. Gandhi Dimple Chheda Ji ar D. Shah Amish A . Shah ~ Daven J. Savla $1000.00 $1000.00 $1000.00 $1000.00 $1000.00 $1000.00 $1000.00 $1000.00 Page 9 of 11 9 Natasha P. Gandhi 10 Dimple Chheda 11 Nishant M. Shah 12 Tina H. Shah Tanvi V as 13 14 2002 Ji ar D. Shah Daven J. Savla 15 Natasha P. Gandhi 16 17 Dimple Chheda 18 Nishant M. Shah 19 Tina H. Shah 20 Tanvi V as 21 Nemish I. Shah 22 2003 Natasha P. Gandhi 23 Dimple Chheda Nishant M. Shah 24 25 Tanvi V as 26 Nemish I. Shah 27 Prashant A. Mehta Rahul Vora 28 Total Loan Amount $1000.00 $1000.00 $1000.00 $1000.00 $1000.00 $1000.00 $1000.00 $1000.00 $1000.00 $1000.00 $1000.00 $1000.00 $1000 .00 $1000.00 $1000.00 $1000.00 $1000.00 $1000.00 $2000.00 $2000.00 $30,000.00 Total Undergraduate Scholars as of 12/31/2003 28 Page 10 of 11