INDIA CULTURAL CENTER OF TRIPLE CITIES INC (EIN 161271649) - 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

1982

Legal Domicile

Principal Officer

RAMESH BHANDARI

Phone

6073412018

Tax Period

2024-01-01 to 2024-12-31

INDIA CULTURAL CENTER OF TRIPLE CITIES INC, founded in 1982, is a micro nonprofit that reported $61K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $70K exceeded revenue, resulting in a 13% operating deficit.

Mission

OUR MISSION; PROMOTE THE CULTURAL, SOCIAL, AND TRADITIONAL VALUES OF INDIA AMONG THE COMMUNITY MEMBERS. PROMOTE GOODWILL, UNDERSTANDING AND FRIENDSHIP BETWEEN ITS MEMBERS AND OTHER COMMUNITIES. ENCOURAGE THE INVOLVEMENT OF THE INDIAN COMMUNITY IN THE LARGER LOCAL COMMUNITY AFFAIRS.

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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 $22,828

Program Service Revenue $33,585

Investment Income $0

Other Revenue $4,944

TOTAL REVENUE $61,357

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $68,076

Other Expenses $69,605

TOTAL EXPENSES $69,605

Year-over-Year Comparison

	2024	2023	Change
Revenue	$61,357	$48,200	+0.3%
Expenses	$69,605	$62,872	+0.1%
Net Income	$-8,248	$-14,672	-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
SAUMIL SAHA	SECRETARY	N/A	Officer Director	$0	$0	$0
NICK PATEL	MEMBER AT LA	N/A	Director	$0	$0	$0
RAMESH BHANDARI	BUILDING COM	N/A	Officer Director	$0	$0	$0
OPEN	PROJECTS COO	N/A	Director	$0	$0	$0
ASHA GUPTA	TRUSTEE	N/A	Officer Director	$0	$0	$0
TRUPTI KANERIA	TRUSTEE	N/A	Officer Director	$0	$0	$0
SMITHA SIVAIAH	CHAIRMAN	N/A	Officer Director	$0	$0	$0
SHRIKANI PORANKI	TRUSTEE	N/A	Officer Director	$0	$0	$0
OPEN	TRUSTEE	N/A	Officer Director	$0	$0	$0
OPEN	TREASURER	N/A	Officer 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	$61,357	$69,605	$455,479	$-8,248
2023	$48,200	$62,872	$463,307	$-14,672
2022	$181,429	$51,745	$480,295	$129,684

INDIA CULTURAL CENTER OF TRIPLE CITIES INC