PRASHANTHI CHARITABLE SERVICES A NJ NONPROFIT CORP (EIN 208559760) - 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

2007

Legal Domicile

Principal Officer

AMUL PATEL

Phone

7324478515

Tax Period

2023-01-01 to 2023-12-31

PRASHANTHI CHARITABLE SERVICES A NJ NONPROFIT CORP, founded in 2007, is a small nonprofit in the Education sector that reported $264K in total revenue in fiscal year 2023. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $228K, a strong 86% operating margin.

Mission

DONATION TO CHARITABLE INSTITUTES(RED CROSS, HOSPITALS, SCHOOLS) TO HELP POOR & NEEDY PEOPLE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $264,182

Program Service Revenue $0

Investment Income $89

Other Revenue $0

TOTAL REVENUE $264,271

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $8,581

Program Expenses $27,314

Other Expenses $35,971

TOTAL EXPENSES $35,971

Year-over-Year Comparison

	2023	2022	Change
Revenue	$264,271	$174,375	+0.5%
Expenses	$35,971	$32,245	+0.1%
Net Income	$228,300	$142,130	+0.6%

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

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
AMUL PATEL	PRESIDENT/SECREATRY	30.00	Director	$0	$0	$0
NEHA CHANGELA	VICE PRESIDENT	15.00	Director	$0	$0	$0
RAJNI LATHIA	TREASURER	5.00	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	No data	No data	No data	No data
2023	$264,271	$35,971	$927,516	$228,300
2022	$174,375	$32,245	$683,321	$142,130
2021	$209,593	$29,061	$542,381	$180,532
2020	$221,281	$21,791	$360,379	$199,490
2019	$150,000	$30,685	$169,900	$119,315
2018	$227,626	$1,398,641	$130,069	$-1,171,015

PRASHANTHI CHARITABLE SERVICES A NJ NONPROFIT CORP