THE SIKH CENTER OF NEW YORK INC (EIN 237300503) - 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

1972

Legal Domicile

Principal Officer

LAKHVIR S MINHAS

Phone

9172935216

Tax Period

2023-01-01 to 2023-12-31

THE SIKH CENTER OF NEW YORK INC, founded in 1972, is a small nonprofit that reported $465K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year.

Mission

SIKH RELIGIOUS ACTIVITY

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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 (2023)

Revenue Breakdown

Contributions & Grants $465,251

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $465,251

Expense Breakdown

Grants Paid $0

Salaries & Benefits $143,073

Fundraising Expenses $22,656

Program Expenses $339,856

Other Expenses $310,066

TOTAL EXPENSES $453,139

Year-over-Year Comparison

	2023	2022	Change
Revenue	$465,251	$504,578	-0.1%
Expenses	$453,139	$408,859	+0.1%
Net Income	$12,112	$95,719	-0.9%

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

N/A

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
LAKHVIR S MINHAS	Treasurer	2.00	Director	$0	$0	$0
TARLOCHAN SINGH BHATTI	President	2.00	Director	$0	$0	$0
JINDER SINGH	Vice President	1.00	Director	$0	$0	$0
CHARANJIT SINGH SAMRA	Asst.Treasurer	1.00	Director	$0	$0	$0
MAKHAN SINGH	Stage Secretary	1.00	Director	$0	$0	$0
MAJHAIL SINGH	Asst. Secretary	1.00	Director	$0	$0	$0
BHUPINDER S JASWAL	Secretary	1.00	Director	$0	$0	$0
AVATAR SINGH	Secretary	1.00	Director	$0	$0	$0
JASWANT KAUR	Asst. Secretary	1.00	Director	$0	$0	$0
KARAMJIT SINGH	Secretary	1.00	Director	$0	$0	$0
GURINDER KAUR	Asst. Secretary	1.00	Director	$0	$0	$0
BALWINDER SINGH	Chairman	1.00	Director	$0	$0	$0
HARDEEP SINGH	Trustee	1.00	Director	$0	$0	$0
GURJINDER SINGH	Trustee	1.00	Director	$0	$0	$0
PARVINDER SINGH	Trustee	1.00	Director	$0	$0	$0
GAGANDEEP SINGH	Trustee	1.00	Director	$0	$0	$0
SURINDER K VIRK	Trustee	1.00	Director	$0	$0	$0
MANJIT SINGH BASSI	Trustee	1.00	Director	$0	$0	$0
HIMMAT SINGH	Chairman	1.00	Director	$0	$0	$0
PARDEEP SINGH	Member	1.00	Director	$0	$0	$0
GURMAIL S BADHAN	Member	1.00	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
2024	No data	No data	No data	No data
2023	$465,251	$453,139	$160,173	$12,112
2022	$504,578	$408,859	$148,061	$95,719
2021	$371,766	$319,424	$52,342	$52,342

THE SIKH CENTER OF NEW YORK INC