SHUBANJALI SCHOOL OF PERFORMING ARTS

EIN: 223803665 501(c)(3) Arts, Culture & Humanities

SCOTCH PLAINS, NJ

Total Revenue
$160,117
Total Expenses
$238,835
Total Assets
$944,326
Net Assets
$944,326
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
NJ
Principal Officer
SUBA PARMAR
Phone
7324236516
Tax Period
2025-01-01 to 2025-12-31

SHUBANJALI SCHOOL OF PERFORMING ARTS, founded in 2001, is a small nonprofit in the Arts, Culture & Humanities sector that reported $160K in total revenue in fiscal year 2025. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $239K exceeded revenue, resulting in a 49% operating deficit.

Mission

PROMOTION OF INDIAN CULTURE THROUGH DANCE AND ARTS EDUCATION

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $20,722
Program Service Revenue $132,285
Investment Income $7,110
Other Revenue $0
TOTAL REVENUE $160,117

Expense Breakdown

Grants Paid $30,500
Salaries & Benefits $116,660
Fundraising Expenses $0
Program Expenses $235,292
Other Expenses $91,675
TOTAL EXPENSES $238,835

Year-over-Year Comparison

2025 2024 Change
Revenue $160,117 $201,262 -0.2%
Expenses $238,835 $272,677 -0.1%
Net Income $-78,718 $-71,415 +0.1%
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

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
2
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
3
$86,667
Total Directors
3
$86,667
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUBA PARMAR PRESIDENT 30.0
Officer Director
$86,667 $0 $86,667
SWARNA UDUPA SECRETARY 1.0
Officer Director
$0 $0 $0
GURU SUBRAMANIAN TREASURER 1.0
Officer 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
2025 $160,117 $238,835 $944,326 $-78,718
2024 $201,262 $272,677 $1,023,044 $-71,415
2023 $269,769 $298,910 $1,094,459 $-29,141
2022 $118,477 $184,721 $1,129,210 $-66,244
2021 $172,208 $161,114 $1,191,944 $11,094
2020 $149,462 $98,328 $1,178,750 $51,134
2019 $981,327 $180,912 $1,127,616 $800,415
2018 $157,101 $138,759 $327,201 $18,342
Explore More Nonprofits
Top 100 Nonprofits in New Jersey Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SHUBANJALI SCHOOL OF PERFORMING ARTS with other nonprofits in New Jersey and across the country.