BAPS CHARITIES INC (EIN 261530694) - 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

2007

Legal Domicile

Principal Officer

NILKANTH PATEL

Phone

7237771414

Tax Period

2024-01-01 to 2024-12-31

BAPS CHARITIES INC, founded in 2007, is a community nonprofit in the Human Services sector that reported $7.8M in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. Net assets of $29.4M represent 45 months of operating reserves.

Mission

TO UNDERTAKE PROGRAM FOR PROMOTING HEALTH CARE, EDUCATION, NATURAL RESOURCES, YOUTH DEVELOPMENT, COMMUNITY HARMONY, PROVIDING RELIEF DURING NATURAL DISASTERS, AND SUPPORTING OTHER ORGANIZATIONS ENGAGED IN SUCH 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,771,000

Program Service Revenue $0

Investment Income $1,037,634

Other Revenue $0

TOTAL REVENUE $7,808,634

Expense Breakdown

Grants Paid $6,643,016

Salaries & Benefits $0

Fundraising Expenses $328,172

Program Expenses $6,822,540

Other Expenses $944,023

TOTAL EXPENSES $7,587,039

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,808,634	$5,782,333	+0.4%
Expenses	$7,587,039	$521,166	+13.6%
Net Income	$221,595	$5,261,167	-1.0%

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

700

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
NILKANTH PATEL	PRESIDENT / DIRECTOR	3.00	Officer Director	$0	$0	$0
ANAND MEHTA	VICE PRESIDENT / DIRECTOR	3.00	Officer Director	$0	$0	$0
BHAVESH AMIN	SECRETARY & DIRECTOR	3.00	Officer Director	$0	$0	$0
YOGENDRA PARMAR	TREASURER	3.00	Officer Director	$0	$0	$0
GOVIND VAGHASIA	DIRECTOR	3.00	Director	$0	$0	$0
PRAFUL RAJA	DIRECTOR	3.00	Director	$0	$0	$0
RATI PATEL	DIRECTOR	3.00	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	$7,808,634	$7,587,039	$29,396,575	$221,595
2023	$5,782,333	$521,166	$28,664,515	$5,261,167
2022	$7,721,499	$2,508,907	$22,331,646	$5,212,592
2021	$9,229,652	$4,830,960	$18,858,476	$4,398,692
2020	$6,778,027	$6,241,579	$13,380,570	$536,448

BAPS CHARITIES INC