INDIA CULTURAL SOCIETY (EIN 222046024) - 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

1973

Legal Domicile

Principal Officer

JAYESH PATEL

Phone

2019394266

Tax Period

2023-01-01 to 2023-12-31

INDIA CULTURAL SOCIETY, founded in 1973, is a small nonprofit in the Arts, Culture & Humanities sector that reported $209K in total revenue in fiscal year 2023. The organization ran a surplus of $81K, a strong 39% operating margin.

Mission

THE PRIMARY PURPOSE AND MISSION OF THIS ORGANIZATION IS TO KEEP UNITY AND UNIFORM ACTIVITIES AMONG TEMPLES,AIM OF THIS ORGANIZATION IS ALSO TO PRESERVE AND PRACTICE THE CULTURAL HERTAGE OF HINDU RELIGIOUS AMONG THE INDIAN COMMUNITY AND THE COMMUNITIES AT LARGE AND EXCHANGE THE IDEAS AMONG RELIGIOUS INSTITUTIONS OF VARIOUS FAITHS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $137,480

Program Service Revenue $63,170

Investment Income $8,165

Other Revenue $0

TOTAL REVENUE $208,815

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $30,624

Other Expenses $127,500

TOTAL EXPENSES $127,500

Year-over-Year Comparison

	2023	2022	Change
Revenue	$208,815	$216,884	0.0%
Expenses	$127,500	$147,094	-0.1%
Net Income	$81,315	$69,790	+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

279

Employees

N/A

Volunteers

N/A

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
JYOTINDRA PATEL	CHAIRMAN	N/A	Director	$0	$0	$0
PREEDIP MAHAPATRA	SECRETARY	N/A	Officer	$0	$0	$0
KAUSHIK PATEL	TREASURER	N/A	Officer	$0	$0	$0
SHAILESH PATEL	VICE PRESIDE	N/A	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
2024	No data	No data	No data	No data
2023	$208,815	$127,500	$4,079,562	$81,315
2022	$237,626	$147,094	$4,034,764	$90,532
2021	$164,428	$136,051	$3,947,294	$28,377
2020	$196,419	$113,219	$3,992,444	$83,200
2019	$267,539	$154,077	$3,898,616	$113,462
2018	$234,893	$158,286	$3,929,818	$76,607

INDIA CULTURAL SOCIETY