VAISHANAV SAMAJ OF ARIZONA INC

EIN: 203739749 501(c)(3) Religion

PHOENIX, AZ

Total Revenue
$243,083
Total Expenses
$110,374
Total Assets
$3,638,285
Net Assets
$3,418,701
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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
AZ
Principal Officer
SANJAY C SHAH
Phone
4809267640
Tax Period
2023-01-01 to 2023-12-31

VAISHANAV SAMAJ OF ARIZONA INC, founded in 2004, is a small nonprofit in the Religion sector that reported $243K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $133K, a strong 55% operating margin.

Mission

TO PROMOTE VARIOUS RELIGIOUS & CULTURAL ACTIVITIES

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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 $243,076
Program Service Revenue $0
Investment Income $7
Other Revenue $0
TOTAL REVENUE $243,083

Expense Breakdown

Grants Paid $0
Salaries & Benefits $17,209
Fundraising Expenses $0
Program Expenses $110,374
Other Expenses $93,165
TOTAL EXPENSES $110,374

Year-over-Year Comparison

2023 2022 Change
Revenue $243,083 $195,114 +0.2%
Expenses $110,374 $57,565 +0.9%
Net Income $132,709 $137,549 0.0%
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

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Governance

Voting Members
17
Independent Members
17
Employees
2
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
5
$0
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PARAG CHOKSHI SECRETARY-AD N/A
Director
$0 $0 $0
RUPA CHOKSHI CULTURAL PRO N/A
Director
$0 $0 $0
DRHARIBHAI DAVE VICE PRESIDE N/A
Director
$0 $0 $0
JAYANT DHOLAKIA MEMBER N/A
Director
$0 $0 $0
BHARAT GANDHI MEMBER N/A
Director
$0 $0 $0
HASMUKH KAVATHIA TREASURER N/A
Director
$0 $0 $0
GIRISH MEHTA MEMBER N/A
Director
$0 $0 $0
KISHORE MEHTA TRUSTEE N/A
Director
$0 $0 $0
RAJNI MERCHANT MEMBER N/A
Director
$0 $0 $0
SAVITRI RAJ SAVAJIYANI TRUSTEE N/A
Director
$0 $0 $0
DARSHAK SHAH ADVISOR N/A
Director
$0 $0 $0
DIPIKA SHAH CULTURAL PRO N/A
Director
$0 $0 $0
DR JATIN SHAH MEMBER N/A
Director
$0 $0 $0
KAMLESH SHAH MEMBER N/A
Director
$0 $0 $0
NILESH SHAH MEMBER N/A
Director
$0 $0 $0
SANJAY C SHAH PRESIDENT N/A
Director
$0 $0 $0
SANJAY J SHAH MEMBER-TREAS N/A
Director
$0 $0 $0
ASHVIN SHETH MEMBER N/A
Officer Director
$0 $0 $0
PRADIP SHETH MEMBER N/A
Director
$0 $0 $0
HARSHAD THAKKAR MEMBER N/A
Director
$0 $0 $0
JAGDISH THEKDI MEMBER N/A
Director
$0 $0 $0
ACHAL PATEL BOARD SECRET N/A
Officer
$0 $0 $0
NICK PATEL MEMBER N/A
Officer
$0 $0 $0
AJAY RINGWALA MEMBER N/A
Officer
$0 $0 $0
ANKIT SHAH MEMBER N/A
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 No data No data No data No data
2023 $243,083 $110,374 $3,638,285 $132,709
2022 $195,114 $57,565 $3,611,297 $137,549
2021 $309,878 $76,693 $3,526,251 $233,185
2020 $258,590 $108,029 $3,513,334 $150,561
2019 $209,873 $100,003 $3,523,634 $109,870
2018 $184,504 $107,225 $3,504,857 $77,279
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