SHARE AND CARE FOUNDATION FOR INDIA

EIN: 222458395 501(c)(3) International Affairs

ROCHELLE PARK, NJ

Total Revenue
$1,536,727
Total Expenses
$1,163,372
Total Assets
$1,968,993
Net Assets
$1,534,419
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
NJ
Principal Officer
SAUMIL PARIKH
Phone
2012627599
Tax Period
2023-01-01 to 2023-12-31

SHARE AND CARE FOUNDATION FOR INDIA, founded in 1982, is a community nonprofit in the International Affairs sector that reported $1.5M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $373K, a strong 24% operating margin.

Mission

THE MISSION OF THE SHARE AND CARE FOUNDATION IS TO CREATE OPPORTUNITIES FOR DESERVING, ECONOMICALLY CHALLENGED WOMEN AND CHILDREN OF INDIA BY PARTNERING WITH COMMUNITIES, PHILANTHROPISTS AND LOCAL CHARITABLE ORGANIZATIONS. SUCH OPPORTUNITIES INCLUDE DEVELOPING AND PROVIDING QUALITY EDUCATION, AFFORDABLE HEALTHCARE AND SUPPORTING SKILL DEVELOPMENT TO IMPROVE THE QUALITY OF LIFE IN RURAL INDIA.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,415,369
Program Service Revenue $0
Investment Income $136,905
Other Revenue $-15,547
TOTAL REVENUE $1,536,727

Expense Breakdown

Grants Paid $833,587
Salaries & Benefits $149,815
Fundraising Expenses $52,300
Program Expenses $1,058,295
Other Expenses $179,970
TOTAL EXPENSES $1,163,372

Year-over-Year Comparison

2023 2022 Change
Revenue $1,536,727 $1,360,817 +0.1%
Expenses $1,163,372 $1,846,107 -0.4%
Net Income $373,355 $-485,290 -1.8%
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

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Governance

Voting Members
10
Independent Members
10
Employees
2
Volunteers
70

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
4
$52,658
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMAR SHAH TRUSTEE 0.50
Director
$0 $0 $0
SAUMIL PARIKH PRESIDENT 2.00
Officer Director
$0 $0 $0
ADITI VYAS SECRETARY 2.00
Officer Director
$0 $0 $0
BHARATI PALKHIWALA TRUSTEE 0.50
Director
$0 $0 $0
SURESH PATEL TREASURER 2.00
Officer Director
$0 $0 $0
ASHA DALAL TRUSTEE 0.50
Director
$0 $0 $0
PAYAL DOSHI TRUSTEE 0.50
Director
$0 $0 $0
MANOJKUMAR DESAI TRUSTEE 0.50
Director
$0 $0 $0
SHARAD SHAH TRUSTEE 0.50
Director
$0 $0 $0
SUDHA BHANSALI TRUSTEE 0.50
Director
$0 $0 $0
JYOTINDRA H JATANIA FINANCE MANAGER 24.00
Officer
$52,658 $0 $52,658
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 $1,536,727 $1,163,372 $1,968,993 $373,355
2022 $1,360,817 $1,846,107 $1,658,225 $-485,290
2022 $1,360,817 $1,846,107 $1,658,225 $-485,290
2021 $2,466,152 $3,187,943 $2,216,576 $-721,791
2020 $1,737,221 $1,875,253 $2,978,966 $-138,032
2019 $1,779,172 $1,611,736 $3,171,425 $167,436
2018 $1,525,565 $1,429,190 $3,027,090 $96,375
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