PRASANTHI TRUST INC (EIN 061356473) - 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

1993

Legal Domicile

Principal Officer

FALGUNI H DESAI

Phone

8609309689

Tax Period

2024-01-01 to 2024-12-31

PRASANTHI TRUST INC, founded in 1993, is a small nonprofit in the International Affairs sector that reported $954K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $881K left a modest 8% surplus.

Mission

TO ENHANCE THE LIVING STANDARDS OF THE DISADVANTAGED BY SUPPORTING MANY WORLDWIDE PROJECTS FOCUSING ON HEALTHCARE, EDUCATION AND SOCIOCARE INITIATIVES.

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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 $778,061

Program Service Revenue $0

Investment Income $175,446

Other Revenue $0

TOTAL REVENUE $953,507

Expense Breakdown

Grants Paid $872,373

Salaries & Benefits $0

Fundraising Expenses $720

Program Expenses $872,373

Other Expenses $8,349

TOTAL EXPENSES $880,722

Year-over-Year Comparison

	2024	2023	Change
Revenue	$953,507	$1,034,626	-0.1%
Expenses	$880,722	$826,450	+0.1%
Net Income	$72,785	$208,176	-0.7%

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

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
RAMESH WADHWANI	President	1.00	Officer Director	$0	$0	$0
FALGUNI H DESAI	Treasurer	1.00	Officer Director	$0	$0	$0
PRBHAKAR GOWRISANKARAN	Secretary	1.00	Officer Director	$0	$0	$0
MANOJ WADHWANI	Trustee	1.00	Director	$0	$0	$0
SREEDHAR EKBOTE	Trustee	1.00	Director	$0	$0	$0
DEVDUTT NARGARKAR	Trustee	1.00	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
2024	$953,507	$880,722	$6,420,945	$72,785
2023	$1,034,626	$826,450	$5,961,262	$208,176
2022	$891,990	$450,882	$5,313,045	$441,108
2021	$2,167,381	$1,158,270	$5,493,276	$1,009,111
2020	$999,500	$493,155	$4,090,167	$506,345
2019	$829,062	$370,148	$3,320,257	$458,914
2018	$674,636	$680,905	$2,751,884	$-6,269

PRASANTHI TRUST INC