ASSET INDIA FOUNDATION (EIN 205139364) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

Ray Umashankar

Phone

5208692004

Tax Period

2024-01-01 to 2024-12-31

ASSET INDIA FOUNDATION, founded in 2006, is a small nonprofit in the International Affairs sector that reported $698K in total revenue in fiscal year 2024. Revenue fell 86% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $490K, a strong 70% operating margin.

Mission

Facilitating international charitable donations to support urgent and high-impact needs in India, including healthcare, education, livelihoods, and social welfare, by enabling U.S. donors to give to vetted causes through Milaap.org.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $697,850

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $697,850

Expense Breakdown

Grants Paid $206,593

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $206,593

Other Expenses $1,580

TOTAL EXPENSES $208,173

Year-over-Year Comparison

	2024	2023	Change
Revenue	$697,850	$4,820,662	-0.9%
Expenses	$208,173	$4,743,763	-1.0%
Net Income	$489,677	$76,899	+5.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
SUE UMASHANKAR	DIRECTOR	10.0	Director	$0	$0	$0
NITA UMASHANKAR	DIRECTOR	10.0	Director	$0	$0	$0
RAMON UMASHANKAR	EXECUTIVE DIRECTOR	30.0	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	$697,850	$208,173	$840,225	$489,677
2023	$4,820,662	$4,743,763	$76,899	$76,899
2023	$1,598,878	$1,521,793	$77,085	$77,085
2021	$538,577	$537,892	$9,945	$685

ASSET INDIA FOUNDATION