CHITRAPUR HERITAGE FOUNDATION USA INC

EIN: 202738955 501(c)(3) Religion

LANGHORNE, PA

Total Revenue
$392,593
Total Expenses
$503,800
Total Assets
$101,407
Net Assets
$95,407
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
PA
Principal Officer
ARUN HEBLE
Phone
6109065907
Tax Period
2024-05-01 to 2025-04-30

CHITRAPUR HERITAGE FOUNDATION USA INC, founded in 2005, is a small nonprofit in the Religion sector that reported $393K in total revenue in fiscal year 2024. Revenue fell 71% from the prior year — a significant decline worth monitoring. Expenses of $504K exceeded revenue, resulting in a 28% operating deficit.

Mission

To support causes of education, charity, and heritage preservation that furthers womens empowerment educaction of the girl child, and preservation of our unique heritage and cultural history.

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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 (2024)

Revenue Breakdown

Contributions & Grants $390,193
Program Service Revenue $0
Investment Income $2,400
Other Revenue $0
TOTAL REVENUE $392,593

Expense Breakdown

Grants Paid $491,936
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $491,936
Other Expenses $11,864
TOTAL EXPENSES $503,800

Year-over-Year Comparison

2024 2023 Change
Revenue $392,593 $1,371,337 -0.7%
Expenses $503,800 $1,313,755 -0.6%
Net Income $-111,207 $57,582 -2.9%
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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Governance

Voting Members
5
Independent Members
7
Employees
N/A
Volunteers
5

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
0
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Arun Heble President/Chairman 10.00
Director
$0 $0 $0
Sumant Padbidri Secretary 10.00
Director
$0 $0 $0
Milind Gokarn Treasurer 10.00
Director
$0 $0 $0
Ashwin Bijur Assistant Treasurer 10.00
Director
$0 $0 $0
Ashok Kulkarni Board Member 10.00
Director
$0 $0 $0
Kiran Mundkur Board Member 10.00
Director
$0 $0 $0
Santosh Gunavante Board Member 10.00
Director
$0 $0 $0
Nandkishore Kalambi Board Member 10.00
Director
$0 $0 $0
Mamta Savkur Board Member 10.00
Director
$0 $0 $0
Shashank Udyawer Board Member 10.00
Director
$0 $0 $0
Sudhir Golikeri Board Member 10.00
Director
$0 $0 $0
Mangesh Hoskote Board Member 10.00
Director
$0 $0 $0
Neena Karnad Board Member 10.00
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
2025 $392,593 $503,800 $101,407 $-111,207
2024 $1,371,337 $1,313,755 $212,614 $57,582
2023 $353,585 $361,755 $151,532 $-8,170
2022 $495,541 $436,227 $159,702 $59,314
2021 $580,945 $569,025 $102,688 $11,920
2020 $175,460 $179,640 $85,968 $-4,180
2019 $126,997 $106,180 $90,147 $20,817
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