INDO AMER CULTURAL FOUNDATION OF CTRL JERSEY INC (EIN 201121324) - 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

2009

Legal Domicile

Phone

8483910499

Tax Period

2024-01-01 to 2024-12-31

INDO AMER CULTURAL FOUNDATION OF CTRL JERSEY INC, founded in 2009, is a micro nonprofit in the Recreation & Sports sector that reported $98K in total revenue in fiscal year 2024. Revenue surged 53% from the prior year, signaling strong growth momentum. The organization ran a surplus of $24K, a strong 25% operating margin.

Mission

THIS IS AN ORGANIZATION OF PEOPLE WITH INDIAN HARITAGE, RESIDING IN NJ. TO UNIFY FAMILIES OF SOUTH ASIAN ETHNIC BACKGROUND. TO INVITE AND EDUCATE OTHER GROUPS WITH DIFFERENT ETHNIC BACKGROUND, WHO ARE INTERESTED IN SOUTH ASIAN CULTURAL AND SOCIAL EVENTS.

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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 $97,628

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $97,628

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $73,691

Other Expenses $73,691

TOTAL EXPENSES $73,691

Year-over-Year Comparison

	2024	2023	Change
Revenue	$97,628	$63,971	+0.5%
Expenses	$73,691	$82,607	-0.1%
Net Income	$23,937	$-18,636	-2.3%

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
DR TUSHAR PATEL	PRESIDENT	3.00	Officer	$0	$0	$0
HITESH PATEL	TRUSTEE	3.00	Officer	$0	$0	$0
MAHESH PATEL	VICE PRESIDENT	3.00	Officer	$0	$0	$0
SURABHI AGRAWAL	SECRETARY	3.00	Officer	$0	$0	$0
RAOJIBHAI PATEL	CHAIRMAN	1.00	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	$97,628	$73,691	$68,588	$23,937
2023	$63,971	$82,607	$44,651	$-18,636
2022	$76,612	$48,367	$63,287	$28,245
2021	$36,585	$30,898	$35,042	$5,687
2020	No data	$3,901	$29,352	No data
2019	$29,893	$53,063	$33,251	$-23,170
2018	$44,257	$51,394	$56,421	$-7,137

INDO AMER CULTURAL FOUNDATION OF CTRL JERSEY INC