AVATAR FOUNDATION (EIN 201596783) - 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

2004

Legal Domicile

Principal Officer

ASHOK CHAWLA

Phone

4408711721

Tax Period

2024-01-01 to 2024-12-31

AVATAR FOUNDATION, founded in 2004, is a micro nonprofit in the Education sector that reported $21K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $17K, a strong 79% operating margin.

Mission

GRANTS FOR ALZHEIMER'S DISEASE RESEARCH AS WELL AS EDUCATIONAL SCHOLARSHIP SUPPORT. PROGRAM SERVICE EXPENSES INCURRED FOR SYMPOSIUM EDUCATIONAL PROGRAMMING SUPPORTING THE MEDICAL FIELD.

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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 $0

Program Service Revenue $0

Investment Income $21,149

Other Revenue $0

TOTAL REVENUE $21,149

Expense Breakdown

Grants Paid $2,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,500

Other Expenses $1,884

TOTAL EXPENSES $4,384

Year-over-Year Comparison

	2024	2023	Change
Revenue	$21,149	$16,934	+0.2%
Expenses	$4,384	$5,685	-0.2%
Net Income	$16,765	$11,249	+0.5%

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
ASHOK CHAWLA	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD GAST	DIRECTOR	1.00	Director	$0	$0	$0
JATONDER PERTI	DIRECTOR	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	$21,149	$4,384	$586,770	$16,765
2023	$16,934	$5,685	$570,005	$11,249
2022	$1,642	$5,547	$558,756	$-3,905
2021	$9,866	$11,832	$568,335	$-1,966
2020	$13,300	$11,640	$570,301	$1,660
2018	$51,567	$10,988	$526,474	$40,579

AVATAR FOUNDATION