Arpan Foundation Inc (EIN 205593243) - 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

Parag Karia

Phone

3107071151

Tax Period

2022-07-01 to 2023-06-30

Arpan Foundation Inc, founded in 2006, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2022. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $978K left a modest 13% surplus.

Mission

SUPPORTING GRASSROOTS ORGANIZATIONS PROVIDING EDUCATION, HEALTHCARE AND OTHER HUMANITARIAN SERVICES TO THE UNDERPRIVILEGED PEOPLE OF DEVELOPING COUNTRIES.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $1,080,009

Program Service Revenue $0

Investment Income $45,124

Other Revenue $0

TOTAL REVENUE $1,125,133

Expense Breakdown

Grants Paid $973,380

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $973,380

Other Expenses $4,408

TOTAL EXPENSES $977,788

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,125,133	$1,416,874	-0.2%
Expenses	$977,788	$1,289,165	-0.2%
Net Income	$147,345	$127,709	+0.2%

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

N/A

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
Parag Karia	Chairman	10.00	Director	$0	$0	$0
Purnima Karia	Director	10.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,125,133	$977,788	$1,370,764	$147,345
2022	$1,416,874	$1,289,165	$1,223,419	$127,709
2021	$1,209,090	$940,581	$1,095,710	$268,509
2020	$1,566,369	$1,391,697	$827,201	$174,672
2019	$1,339,763	$1,187,197	$652,529	$152,566
2018	$646,047	$546,844	$499,963	$99,203

Arpan Foundation Inc