CONNECTICUT SIKH ASSOCIATION INC

EIN: 061414602 501(c)(3) Religion

Southington, CT

Total Revenue
$420,179
Total Expenses
$369,251
Total Assets
$2,017,968
Net Assets
$2,015,368
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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
2004
Legal Domicile
CT
Tax Period
2023-01-01 to 2023-12-31

CONNECTICUT SIKH ASSOCIATION INC, founded in 2004, is a small nonprofit in the Religion sector that reported $420K in total revenue in fiscal year 2023. Expenses of $369K left a modest 12% surplus.

Mission

RELIGIOUS ORGANIZATION

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $418,056
Program Service Revenue $0
Investment Income $2,123
Other Revenue $0
TOTAL REVENUE $420,179

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $366,651
Other Expenses $369,251
TOTAL EXPENSES $369,251

Year-over-Year Comparison

2023 2022 Change
Revenue $420,179 N/A N/A
Expenses $369,251 N/A N/A
Net Income $50,928 N/A N/A
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

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Governance

Voting Members
21
Independent Members
21
Employees
N/A
Volunteers
75

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KANWALPREET ATWAL GENERAL SECRETARY 2.00
Officer
$0 $0 $0
HARPAL SINGH CHAWLA TREASURER 2.00
Officer
$0 $0 $0
BRAHUM SINGH PRESIDENT 2.00
Officer
$0 $0 $0
DARSHAN SINGH BAJWA VICE PRESIDENT 2.00
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 $420,179 $369,251 $2,017,968 $50,928
2022 $376,618 $324,048 $1,967,615 $52,570
2021 $210,209 $248,725 $1,915,046 $-38,516
2020 $178,567 $253,955 $1,953,561 $-75,388
2019 $298,414 $299,809 $2,028,949 $-1,395
2018 $309,488 $297,492 $2,030,344 $11,996
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