M L FOUNDATION INC (EIN 251698173) - 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

1994

Legal Domicile

Principal Officer

Harilal L Patel

Phone

7243277485

Tax Period

2021-01-01 to 2021-12-31

M L FOUNDATION INC, founded in 1994, is a small nonprofit in the Health Care sector that reported $284K in total revenue in fiscal year 2021. Revenue surged 286% from the prior year, signaling strong growth momentum. The organization ran a surplus of $248K, a strong 87% operating margin.

Mission

ML Foundation receives Unconditional donations from friends and others and it distributes within USA, India and other countries for Health, Humanitarian and Educational purposes through recognized organizations.

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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 (2021)

Revenue Breakdown

Contributions & Grants $284,220

Program Service Revenue $0

Investment Income $54

Other Revenue $0

TOTAL REVENUE $284,274

Expense Breakdown

Grants Paid $36,751

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $36,751

Other Expenses $0

TOTAL EXPENSES $36,751

Year-over-Year Comparison

	2021	2020	Change
Revenue	$284,274	$73,582	+2.9%
Expenses	$36,751	$104,880	-0.6%
Net Income	$247,523	$-31,298	-8.9%

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

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
Harilal L Patel	Chairman	2.5	Director	$0	$0	$0
Dinesh PAtel	President	1	Director	$0	$0	$0
Gajendra M Sandesara	Secretary	1	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
2021	$284,274	$36,751	$308,201	$247,523

M L FOUNDATION INC