KARNATAKA STATE MEDICAL & DENTAL ALUMNI ASSOC OF AMERICA

EIN: 232144526 501(c)(3) Education

PALM HARBOR, FL

Total Revenue
$70,559
Total Expenses
$23,400
Total Assets
$1,114,220
Net Assets
$1,114,220
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
FL
Principal Officer
HARAVU LOKESH
Phone
7275427358
Tax Period
2024-01-01 to 2024-12-31

KARNATAKA STATE MEDICAL & DENTAL ALUMNI ASSOC OF AMERICA, founded in 1985, is a micro nonprofit in the Education sector that reported $71K in total revenue in fiscal year 2024. Revenue fell 60% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $47K, a strong 67% operating margin.

Mission

PROFESSIONAL ORGANIZATION OF MEDICAL AND DENTAL PROFESSIONALS IN USA FROM INDIAN ORIGIN(KARNATAKA STATE) INVOLVED PROFESSIONAL AND PHILANTHROPHIC ACTIVITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $5,300
Program Service Revenue $0
Investment Income $65,259
Other Revenue $0
TOTAL REVENUE $70,559

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $10,000
Other Expenses $23,400
TOTAL EXPENSES $23,400

Year-over-Year Comparison

2024 2023 Change
Revenue $70,559 $175,390 -0.6%
Expenses $23,400 $219,655 -0.9%
Net Income $47,159 $-44,265 -2.1%
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
20
Independent Members
20
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HARAVU LOKESH DIRECTOR 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 $70,559 $23,400 $1,114,220 $47,159
2023 $175,390 $219,655 $1,072,286 $-44,265
2021 $291,819 $180,545 $1,186,930 $111,274
2020 $80,883 $3,175 $1,006,715 $77,708
2019 $104,588 $113,380 $930,573 $-8,792
2018 $75,799 $10,830 $777,333 $64,969
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