INDIAN SCHOOLS ALUMNI AND FRIENDS … - Form 990 Financial Data

🔒

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

Financial Trends

Organization Details

Formation Year

1972

Legal Domicile

Principal Officer

Mr Joginder P Kundra

Phone

6503456909

Tax Period

2023-01-01 to 2023-12-31

INDIAN SCHOOLS ALUMNI AND FRIENDS INSAF, founded in 1972, is a small nonprofit that reported $465K in total revenue in fiscal year 2023. Expenses of $424K left a modest 9% surplus.

Mission

TO IMPLEMENT PROJECTS AIMED AT IMPROVED LITERACY AND EDUCATION OF THE DISADVANTAGED PEOPLE IN INDIA; AND OVERALL COMMUNITY DEVELOPMENT IN THE INDIA REGION. ALSO, TO CONTRIBUTE TOWARDS THE IMPROVEMENT OF INDO-US RELATIONS ON A PEOPLE'S LEVEL.

Program Service Accomplishments

Program 1

Expenses: $194,846 Revenue: $213,490

EDUCATION: School Support/Scholarships/Child Education/Literacy: During 2023, INSAF provided grants to 12 organizations or educational institutions for the education of underprivileged students.

Program 2

Expenses: $136,771 Revenue: $149,858

COMMUNITY DEVELOPMENT:During 2022, INSAF provided grants to 6 organizations to support work aimed at longer-term community service capacity building in India.

Program 3

Expenses: $92,129 Revenue: $100,944

COMMUNITY SERVICE: During 2022, INSAF made grants to 18 organizations which provide services to the disadvantaged in their communities in the areas of medical services or hunger relief and other...

COMMUNITY SERVICE: During 2022, INSAF made grants to 18 organizations which provide services to the disadvantaged in their communities in the areas of medical services or hunger relief and other services to the poor including disabled or provide medical aid to the poor.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $465,192

Program Service Revenue $0

Investment Income $275

Other Revenue $0

TOTAL REVENUE $465,467

Expense Breakdown

Grants Paid $420,490

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $423,746

Other Expenses $3,256

TOTAL EXPENSES $423,746

Year-over-Year Comparison

	2023	2022	Change
Revenue	$465,467	$458,290	+0.0%
Expenses	$423,746	$393,346	+0.1%
Net Income	$41,721	$64,944	-0.4%

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

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
Mr Joginder Kundra	President	3	Officer Director	$0	$0	$0
Ms Padmashri Lad	Vice President Communications	5	Officer Director	$0	$0	$0
Dr A J Poulose	Vice President Finance	8	Officer Director	$0	$0	$0
Mr O P Garg	Director	1	Director	$0	$0	$0
Mr P K Malhotra	Director	1	Director	$0	$0	$0
Mr Rajeev Paliwal	Director	1	Director	$0	$0	$0
Ms Anita Sra	Director	1	Director	$0	$0	$0
Dr Bhavender Paul Sharma	Newsletter & Website Editor	8	Key Emp	$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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$465,467	$423,746	$334,221	$41,721
2022	$458,290	$393,346	$292,500	$64,944
2021	$443,623	$479,236	$227,556	$-35,613
2020	$337,918	$367,501	$263,169	$-29,583

INDIAN SCHOOLS ALUMNI AND FRIENDS INSAF