HARICHAND EDUCATION FUND (EIN 262221008) - 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

2008

Legal Domicile

Principal Officer

URMILA KUMAR

Phone

8324193299

Tax Period

2024-01-01 to 2024-12-31

HARICHAND EDUCATION FUND, founded in 2008, is a small nonprofit in the Education sector that reported $174K in total revenue in fiscal year 2024. Revenue surged 313% from the prior year, signaling strong growth momentum. The organization ran a surplus of $132K, a strong 76% operating margin.

Mission

HARICHAND EDUCATION FUND IS A NONPROFIT CORPORATION ORGANIZED AND OPERATED EXCLUSIVELY FOR EDUCATIONAL AND CHARITABLE PURPOSES. SPECIFICALLY, THIS ORGANIZATION HAS BEEN FORMED TO A) INSTRUCT AND TRAIN THE PUBLIC ON SUBJECTS USEFUL TO INDIVIDUALS IN ORDER FOR THEM TO IMPROVE AND DEVELOP THEIR CAPABILITIES, B) PROVIDE RELIEF TO THE POOR, DISTRESSED AND UNDERPRIVILEDGED, AND C) ADVANCE EDUCATION. OUR ORGANIZATION HAS DESIGNED AND DEVELOPED ONE (1) PROGRAM IN FURTHERANCE OF OUR PURPOSES.

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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 $101,675

Program Service Revenue $0

Investment Income $72,155

Other Revenue $0

TOTAL REVENUE $173,830

Expense Breakdown

Grants Paid $39,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $39,000

Other Expenses $3,015

TOTAL EXPENSES $42,015

Year-over-Year Comparison

	2024	2023	Change
Revenue	$173,830	$42,100	+3.1%
Expenses	$42,015	$31,879	+0.3%
Net Income	$131,815	$10,221	+11.9%

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

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
URMILA KUMAR	DIRECTOR	10.00	Director	$0	$0	$0
LIDYA OSADCHEY	DIRECTOR	4.50	Director	$0	$0	$0
ASHOK KUMAR	DIRECTOR	4.00	Director	$0	$0	$0
BILL PEERY	DIRECTOR	2.00	Director	$0	$0	$0
GERADRUS PIJNNAKEN	DIRECTOR	2.00	Director	$0	$0	$0
MUSTAFA PANJU	DIRECTOR	5.00	Director	$0	$0	$0
MARIAM AWADHI	DIRECTOR	5.00	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	$173,830	$42,015	$377,434	$131,815

HARICHAND EDUCATION FUND