SARASWAT FOUNDATION INC (EIN 222566842) - 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

1984

Legal Domicile

Principal Officer

Ashvin Hosangadi

Phone

2673373062

Tax Period

2022-01-01 to 2022-12-31

SARASWAT FOUNDATION INC, founded in 1984, is a small nonprofit that reported $200K in total revenue in fiscal year 2022. Revenue surged 168% from the prior year, signaling strong growth momentum. The organization ran a surplus of $160K, a strong 80% operating margin.

Mission

Our mission is to support, empower and advance grassroots organizations dedicated to community development by providing financial support and promotion. We strive to fund initiatives related to education, health, senior citizens, differently abled individuals, social welfare, and cultural enrichment, without any discrimination based on caste, creed, religion, or race.

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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 (2022)

Revenue Breakdown

Contributions & Grants $196,887

Program Service Revenue $0

Investment Income $2,653

Other Revenue $419

TOTAL REVENUE $199,959

Expense Breakdown

Grants Paid $39,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $39,000

Other Expenses $768

TOTAL EXPENSES $39,768

Year-over-Year Comparison

	2022	2021	Change
Revenue	$199,959	$74,539	+1.7%
Expenses	$39,768	$84,528	-0.5%
Net Income	$160,191	$-9,989	-17.0%

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
Ashvin Hosagadi	President	3.00	Officer	$0	$0	$0
Sandeep Dhareshwar	Vice President	3	Officer	$0	$0	$0
Gayathri Bantwal	Secretary	3	Officer	$0	$0	$0
Chaitanya Bijoor	Treasurer	3	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
2022	$199,959	$39,768	$260,759	$160,191

SARASWAT FOUNDATION INC