KHALSA PEACE CORPS

EIN: 264601165 501(c)(3)

Los Angeles, CA

Total Revenue
$92,084
Total Expenses
$114,808
Total Assets
$398,445
Net Assets
$398,445
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
CA
Phone
8186943583
Tax Period
2023-01-01 to 2023-12-31

KHALSA PEACE CORPS, founded in 2021, is a micro nonprofit that reported $92K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $115K exceeded revenue, resulting in a 25% operating deficit.

Mission

Our mission is to build caring communities through mobile kitchens that selflessly share meals and basic necessities with the underserved. To accomplish this mission we establish a network of mobile kitchens and catering vans to serve at temporary shelters and tents of people experiencing homelessness. We use the same mobility of our local volunteers during the emergencies and disasters. Share A Meal Clubs at Universities or Colleges lead our distribution network of local volunteers. In order to build a community of volunteers and to ensure the safety and security of our volunteers and recipients we organize retreats for training in mass feeding.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $92,084
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $92,084

Expense Breakdown

Grants Paid $0
Salaries & Benefits $34,546
Fundraising Expenses $0
Program Expenses $94,448
Other Expenses $80,262
TOTAL EXPENSES $114,808

Year-over-Year Comparison

2023 2022 Change
Revenue $92,084 $70,902 +0.3%
Expenses $114,808 $99,652 +0.2%
Net Income $-22,724 $-28,750 -0.2%
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

Sign In

Governance

Voting Members
5
Independent Members
2
Employees
3
Volunteers
71

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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Justin A Singh Director 1.00
$0 $0 $0
Gurasis Bajaj Treasurer 1.00
Officer
$0 $0 $0
Rebecca Hess Director 1.00
Director
$0 $0 $0
Ravinder Singh Founding Director President 15.00
Officer Director
$0 $0 $0
Jacquelin M Singh Founding Director Vice President 15.00
Officer Director
$0 $0 $0
Rita Molem Director 1.00
Director
$0 $0 $0
Alec Vendenberg Secretary 5.00
Officer
$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 No data No data No data No data
2023 $92,084 $114,808 $398,445 $-22,724
2022 $70,902 $99,652 $435,039 $-28,750
2021 $207,800 $96,432 $127,352 $111,368
2019 $114,287 $115,232 $174,266 $-945
2018 $170,001 $97,255 $175,211 $72,746
Explore More Nonprofits
Top 100 Nonprofits in California Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare KHALSA PEACE CORPS with other nonprofits in California and across the country.