JAIN CENTER OF GREATER BOSTON (EIN 042602823) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1979

Legal Domicile

Principal Officer

MAHAVIR AKKOLE

Phone

7817629490

Tax Period

2024-08-01 to 2025-07-31

JAIN CENTER OF GREATER BOSTON, founded in 1979, is a small nonprofit that reported $235K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $75K, a strong 32% operating margin.

Mission

PROMOTE RELIGIOUS AND CULTURAL ACTIVITIES AND MAINTAIN A TEMPLE FOR SUCH ACTIVITIES.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $201,520

Program Service Revenue $0

Investment Income $33,495

Other Revenue $0

TOTAL REVENUE $235,015

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $143,600

Other Expenses $160,222

TOTAL EXPENSES $160,222

Year-over-Year Comparison

	2024	2023	Change
Revenue	$235,015	$264,927	-0.1%
Expenses	$160,222	$138,191	+0.2%
Net Income	$74,793	$126,736	-0.4%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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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
MAHAVIR AKKOLE	PRESIDENT	4.00	Officer Director	$0	$0	$0
SANDESH CHOUGLE	BUILDING DIR	4.00	Officer Director	$0	$0	$0
AMIT JAIN	SECRETARY	4.00	Officer Director	$0	$0	$0
ASHISH JAIN	DIRECTOR	4.00	Director	$0	$0	$0
HITESH JAIN	DIRECTOR	4.00	Director	$0	$0	$0
KAILASH JAIN	DIRECTOR	4.00	Director	$0	$0	$0
RASHMI MAKKE	DIRECTOR	4.00	Director	$0	$0	$0
RAJA SAIT	VICE PRESIDE	4.00	Officer Director	$0	$0	$0
BHAVIN SHAH	TREASURER	4.00	Officer Director	$0	$0	$0
NISHI SHAH	DIRECTOR	4.00	Director	$0	$0	$0
RINKESH SHAH	DIRECTOR	4.00	Director	$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
2025	$235,015	$160,222	$1,955,906	$74,793
2024	$264,927	$113,644	$1,881,113	$151,283
2024	$264,927	$138,191	$1,881,113	$126,736
2023	$229,521	$123,958	$1,754,377	$105,563
2022	$162,459	$112,609	$1,649,131	$49,850
2021	$129,107	$90,193	$1,599,281	$38,914
2020	$184,680	$116,379	$1,560,367	$68,301
2019	$126,100	$118,046	$1,492,066	$8,054

JAIN CENTER OF GREATER BOSTON