NESSP INC (EIN 205288174) - Form 990 Financial Analysis & Trantor Score

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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

2006

Legal Domicile

Phone

9783944630

Tax Period

2024-01-01 to 2024-12-31

NESSP INC, founded in 2006, is a community nonprofit in the Religion sector that reported $1.6M in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $1.8M exceeded revenue, resulting in a 13% operating deficit.

Mission

RELIGIOUS PROGRAMS, DISCOURSES, AND SERVICES.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,547,033

Program Service Revenue $0

Investment Income $535

Other Revenue $50,219

TOTAL REVENUE $1,597,787

Expense Breakdown

Grants Paid $0

Salaries & Benefits $335,787

Fundraising Expenses $3,072

Program Expenses $1,429,883

Other Expenses $1,474,355

TOTAL EXPENSES $1,810,142

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,597,787	$1,864,021	-0.1%
Expenses	$1,810,142	$1,979,467	-0.1%
Net Income	$-212,355	$-115,446	+0.8%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

300

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
BASKARAN NARASIMHAN	President	4.00	Director	$0	$0	$0
NARASIMHA SOMSHETTI	Treasurer	4.00	Director	$0	$0	$0
RAJESH RAJARAMAN	Secretary	4.00	Director	$0	$0	$0
SANDEEP KAUSHIK	Director	4.00	Director	$0	$0	$0
BASKARAN NARASUNGAB	Director	4.00	Director	$0	$0	$0
MAHENDER SINGH	Director	4.00	Director	$0	$0	$0
NEELKANTH MISHRA	Director	4.00	Director	$0	$0	$0
SURYA KODUKULLA	Director	4.00	Director	$0	$0	$0
UMA JANDHYALA	Director	4.00	Director	$0	$0	$0
KUMAR POTULA	Director	4.00	Director	$0	$0	$0
SURENDRA SHINGI REDDI	Director	4.00	Director	$0	$0	$0
VALLI AMARAVADI	Director	4.00	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
2024	$1,597,787	$1,810,142	$11,753,782	$-212,355
2023	$1,864,021	$1,979,467	$12,069,977	$-115,446
2022	$1,886,823	$1,795,371	$12,292,662	$91,452
2021	$1,944,857	$1,732,569	$12,528,310	$212,288
2020	$1,102,812	$1,300,174	$12,582,581	$-197,362
2019	$1,631,264	$1,114,193	$12,776,922	$517,071
2018	$1,490,053	$462,060	$12,318,163	$1,027,993

NESSP INC