FRIENDS OF ASHA USA INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

ELIZABETH L HEMPTON

Phone

6177102036

Tax Period

2023-01-01 to 2023-12-31

FRIENDS OF ASHA USA INC, founded in 2001, is a small nonprofit in the Health Care sector that reported $426K in total revenue in fiscal year 2023. Revenue surged 69% from the prior year, signaling strong growth momentum. The organization ran a surplus of $143K, a strong 34% operating margin.

Mission

ASHA ADDRESSES ISSUES THAT KEEP PEOPLE IN POVERTY BY PROVIDING HEALTHCARE AND ENABLING THEM ACCESS TO FINANCIAL SERVICES AND EDUCATION TO HELP THEM MAKE POSITIVE CHANGES IN THEIR LIVES.

Program Service Accomplishments

Program 1

Expenses: $265,000

GRANTS PROVIDE SUPPORT TO THE OPERATION OF COMMUNITY HEALTH PROGRAMS AND MEDICAL CLINICS FOR THE POOR AND DISTRESSED IN IMPOVERSHISED AREAS AND SLUMS IN DELHI, INDIA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $428,076

Program Service Revenue $0

Investment Income $276

Other Revenue $-2,285

TOTAL REVENUE $426,067

Expense Breakdown

Grants Paid $265,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $265,000

Other Expenses $18,322

TOTAL EXPENSES $283,322

Year-over-Year Comparison

	2023	2022	Change
Revenue	$426,067	$252,789	+0.7%
Expenses	$283,322	$240,696	+0.2%
Net Income	$142,745	$12,093	+10.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEAN PETEET	DIRECTOR	1.00	Director	$0	$0	$0
DR NALINA PRASAD	DIRECTOR	1.00	Director	$0	$0	$0
MR M PASSI	DIRECTOR	1.00	Director	$0	$0	$0
MANDY HILDENBRAND	DIRECTOR	1.00	Director	$0	$0	$0
DR KIRAN MARTIN	PRESIDENT	10.00	Officer	$0	$0	$0
ELIZABETH L HEMPTON	TREASURER	8.00	Officer	$0	$0	$0
DR PETER CHOO	CLERK	1.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$426,067	$283,322	$237,027	$142,745
2022	$252,789	$240,696	$92,869	$12,093
2021	$443,857	$447,745	$80,424	$-3,888
2020	$223,840	$169,522	$84,312	$54,318
2019	$262,265	$295,405	$29,994	$-33,140