SPANDANA FOUNDATION (EIN 262002409) - 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

NAGESHWARARAO NIDAMANURU

Tax Period

2023-01-01 to 2023-12-31

SPANDANA FOUNDATION, founded in 2007, is a small nonprofit in the International Affairs sector that reported $139K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $133K left a modest 4% surplus.

Mission

Spanadanas main mission is to execute projects in downtrodden communities, and also to help schools in low socioeconomical area by providing tools and amenities to improve students educations

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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 $0

Program Service Revenue $138,863

Investment Income $0

Other Revenue $0

TOTAL REVENUE $138,863

Expense Breakdown

Grants Paid $61,272

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $132,904

Other Expenses $71,632

TOTAL EXPENSES $132,904

Year-over-Year Comparison

	2023	2022	Change
Revenue	$138,863	$118,084	+0.2%
Expenses	$132,904	$147,847	-0.1%
Net Income	$5,959	$-29,763	-1.2%

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

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
SRINIVAS GARAPATI	DIRECTOR	10.00	Director	$0	$0	$0
KIRAN NIDAMANURU	DIRECTOR	10.00	Director	$0	$0	$0
RAJENDRA SAMALURU	DIRECTOR	10.00	Director	$0	$0	$0
GOPI KORUKANTI	DIRECTOR	10.00	Director	$0	$0	$0
RAVINDER MYLA	DIRECTOR	10.00	Director	$0	$0	$0
BHANU KALVAKOTA	DIRECTOR	10.00	Director	$0	$0	$0
GOVERDHAN GALPALLI	DIRECTOR	10.00	Director	$0	$0	$0
NAGESHWARARAO NIDAMANURU	PRESIDENT	20.00	Officer Key Emp	$0	$0	$0
Murali Chowdary	Treasurer	10.00	Key Emp	$0	$0	$0
SEKHAR MADDURI	OFFICER	10.00	Key Emp	$0	$0	$0
GIRIPRASAD LANKIPALLE	OFFICER	20.00	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	$138,863	$132,904	$127,432	$5,959
2022	$118,084	$147,847	$121,473	$-29,763
2021	$222,758	$266,599	$151,236	$-43,841
2020	$231,958	$158,767	$195,077	$73,191
2019	$210,662	$186,026	$121,886	$24,636
2018	$218,007	$204,038	$97,250	$13,969

SPANDANA FOUNDATION