INDIAN CHRISTIAN ORTHODOX NETWORK CHARITIES INC

EIN: 202966676 501(c)(3) Philanthropy & Grantmaking

Bettendorf, IA

Total Revenue
$713,588
Total Expenses
$165,917
Total Assets
$790,061
Net Assets
$790,061
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
IA
Principal Officer
Abraham Chirackal
Phone
3092693247
Tax Period
2024-01-01 to 2024-12-31

INDIAN CHRISTIAN ORTHODOX NETWORK CHARITIES INC, founded in 2005, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $714K in total revenue in fiscal year 2024. Revenue surged 466% from the prior year, signaling strong growth momentum. The organization ran a surplus of $548K, a strong 77% operating margin.

Mission

Our mission is to empower and uplift marginalized community members who are deprived of fundamental necessities, including access to education, secure shelter, and essential medical care. We are dedicated to improving the overall quality of their lives by ensuring that they not only receive these basic needs but also gain the support and tools required to thrive. By addressing these fundamental needs, our organization aims to not just provide immediate relief but also foster long-term empowerment within these marginalized communities. We firmly believe that by enhancing access to education, shelter, and medical care, we can positively impact lives, instill hope, and ultimately create a brighter future for all.

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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 $713,588
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $713,588

Expense Breakdown

Grants Paid $161,207
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $165,917
Other Expenses $4,710
TOTAL EXPENSES $165,917

Year-over-Year Comparison

2024 2023 Change
Revenue $713,588 $126,123 +4.7%
Expenses $165,917 $182,366 -0.1%
Net Income $547,671 $-56,243 -10.7%
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

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
25

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
8
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Oommen Kappil President 5
Officer Director
$0 $0 $0
Abraham Chirackal Exec Director/Secretary 15
Officer Director
$0 $0 $0
Biju Ninan Treasurer 10
Officer Director
$0 $0 $0
Mathew Samuel Director 2
Officer Director
$0 $0 $0
Dr Sally Nelson Director 1
Officer Director
$0 $0 $0
Rajesh Vargheese Director 2
Officer Director
$0 $0 $0
Binu T Lal Director 2
Officer Director
$0 $0 $0
Dr Mathews Jacob Director 2
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 $713,588 $165,917 $790,061 $547,671
2023 $126,123 $182,366 $242,174 $-56,243
2022 $229,252 $292,630 $301,741 $-63,378
2021 $208,951 $275,431 $161,309 $-66,480
2020 $148,430 $148,151 $232,963 $279
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