BARODA MEDICAL COLLEGE FOUNDATION INC (EIN 161463549) - 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

1995

Legal Domicile

Principal Officer

MUKESH PATEL

Phone

6787772957

Tax Period

2023-01-01 to 2023-12-31

BARODA MEDICAL COLLEGE FOUNDATION INC, founded in 1995, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $558K in total revenue in fiscal year 2023. Revenue surged 1338% from the prior year, signaling strong growth momentum. The organization ran a surplus of $166K, a strong 30% operating margin.

Mission

THE ORGANIZATION MISSION IS TO PROVIDE PHYSICIANS A PLATFORM TO ACHIEVE EXCELLENCE IN PATIENT CARE, OBTAIN UP-TO-DATE MEDICAL EDUCATION AND PURSUE COMMUNITY SERVICE IN A COLLEGIAL ETHICAL ENVIRONMENT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $554,988

Program Service Revenue $0

Investment Income $3,411

Other Revenue $0

TOTAL REVENUE $558,399

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $392,342

Other Expenses $392,342

TOTAL EXPENSES $392,342

Year-over-Year Comparison

	2023	2022	Change
Revenue	$558,399	$38,833	+13.4%
Expenses	$392,342	$4,448	+87.2%
Net Income	$166,057	$34,385	+3.8%

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
AJEET KOTHARI	PRESIDENT	3.00	Officer	$0	$0	$0
MUKESH PATEL	VICE PRESIDENT/TREASURER	3.00	Officer	$0	$0	$0
SHRISH PATEL	SECRETARY	3.00	Officer	$0	$0	$0
JATIN SHAH	CEO	3.00	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	$558,399	$392,342	$529,321	$166,057
2022	$38,833	$4,448	$363,264	$34,385
2021	$16,277	$8,223	$328,879	$8,054
2020	$10,692	$165	$320,825	$10,527
2019	$210,126	$19,822	$310,298	$190,304

BARODA MEDICAL COLLEGE FOUNDATION INC