HINDU SOCIETY OF AMERICA INC

EIN: 203092977 501(c)(3) Religion

Naperville, IL

Total Revenue
$88,010
Total Expenses
$65,428
Total Assets
$653,029
Net Assets
$373,360
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
TX
Principal Officer
SANJEEV SHARMA
Phone
9259513460
Tax Period
2023-01-01 to 2023-12-31

HINDU SOCIETY OF AMERICA INC, founded in 2005, is a micro nonprofit in the Religion sector that reported $88K in total revenue in fiscal year 2023. Revenue surged 72% from the prior year, signaling strong growth momentum. The organization ran a surplus of $23K, a strong 26% operating margin.

Mission

Hindu Society of America aims to promote Hindu Students activities among Hindu Community as well as on various American campuses. Hindu Society of America will support various Hindu Student Organizations on campuses to strengthen their campus-based activities. HSA aims to do this by connecting with various Hindu Community and student organizations and supporting them with ideas and resources. Organization's exempt purpose: HSA has actively worked with various Hindu Community and student organizations such as Hindu Swayamsevak Sangh USA and Hindu YUVA on various campuses. HSA established Hindu Students Center at Iowa State University and UIUC(Illinois) are in an active and productive partnership to serve the student population at the University. HSA activities have served more than 300 students in their quest to learn more about Hinduism and practice Hinduism away from Home.

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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 (2023)

Revenue Breakdown

Contributions & Grants $38,435
Program Service Revenue $49,575
Investment Income $0
Other Revenue $0
TOTAL REVENUE $88,010

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $65,428
Other Expenses $65,428
TOTAL EXPENSES $65,428

Year-over-Year Comparison

2023 2022 Change
Revenue $88,010 $51,257 +0.7%
Expenses $65,428 $93,905 -0.3%
Net Income $22,582 $-42,648 -1.5%
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

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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
5
Independent Members
5
Employees
N/A
Volunteers
20

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
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Siddhesh Shevade Chairman 3
Director
$0 $0 $0
Dr Vinod Ambastha Director 2
Director
$0 $0 $0
Ramesh Bhutada Director 1
Director
$0 $0 $0
Dr Rakesh Shridhar Director 1
Director
$0 $0 $0
Dr Mandar Pattekar Secretary 3
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 No data No data No data No data
2023 $88,010 $65,428 $653,029 $22,582
2022 $51,257 $93,905 $643,406 $-42,648
2021 $165,969 $44,378 $699,326 $121,591
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