Deshpande Foundation Inc C/O Boston Foundation Inc (EIN 208520739) - 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

2007

Legal Domicile

Principal Officer

Orlando Watkins

Phone

6173381700

Tax Period

2024-07-01 to 2025-06-30

Deshpande Foundation Inc C/O Boston Foundation Inc, founded in 2007, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $121K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $8.1M exceeded revenue, resulting in a 6583% operating deficit.

Mission

The Deshpande Foundation, Inc. encourages the use of entrepreneurship and innovation as catalysts for societal change and improved quality of life.

🔒

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 $0

Program Service Revenue $0

Investment Income $121,436

Other Revenue $0

TOTAL REVENUE $121,436

Expense Breakdown

Grants Paid $7,736,500

Salaries & Benefits $227,078

Fundraising Expenses $0

Program Expenses $8,018,504

Other Expenses $151,987

TOTAL EXPENSES $8,115,565

Year-over-Year Comparison

	2024	2023	Change
Revenue	$121,436	$110,055	+0.1%
Expenses	$8,115,565	$681,277	+10.9%
Net Income	$-7,994,129	$-571,222	+13.0%

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

$831,364

Total Directors

$831,364

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kate R Guedj	Treasurer & Director	0.25	Officer Director	$0	$68,662	$469,241
Orlando Watkins	Clerk & Director	0.25	Officer Director	$0	$20,869	$362,123
Gururaj Deshpande	President & Director	5.00	Officer Director	$0	$0	$0
Hemang Dave	Director	1.00	Director	$0	$0	$0
Jaishree Deshpande	Director	5.00	Director	$0	$0	$0
Sushil Vachani	Director	1.00	Director	$0	$0	$0
Servjeet Bhachu	CFO	1.00	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
2025	$121,436	$8,115,565	$7,115,024	$-7,994,129
2024	$110,055	$681,277	$14,172,855	$-571,222
2023	$-226,805	$842,802	$13,506,530	$-1,069,607
2022	$126,792	$711,056	$14,002,342	$-584,264
2021	$113,626	$1,331,277	$15,245,011	$-1,217,651
2020	$123,612	$1,191,518	$12,443,760	$-1,067,906
2019	$138,452	$524,624	$13,627,358	$-386,172

Deshpande Foundation Inc C/O Boston Foundation Inc