NEPALESE ASSOCIATION OF CONNECTICUT COMPANY

EIN: 270538837 501(c)(3) Arts, Culture & Humanities

WEST HARTFORD, CT

Total Revenue
N/A
Total Expenses
N/A
Total Assets
$455,638
Net Assets
$455,638
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
CT
Principal Officer
SANTOSH LAMSAL
Phone
8609908662
Tax Period
2022-01-01 to 2022-12-31

Mission

The mission of NAConn is to promote Nepali traditional culture and heritage and provide a development forum for families and friends of Nepalis in the US. It is committed to working in partnership with community organizations and local and state agencies for the wellbeing of its members and community as a whole year Dashain and Tihar. In addition to that the organization was successful in making Hartford County residents aware that there is a Nepalese community in the county by participating in various local parades. More importantly the organization helped Nepalese American children to learn how to read and write Nepali Language. The organization has also been helpful to those new immigrants who immigrate to the state by providing any necessary support during their settlement.

Program Service Accomplishments

Program 1
Expenses: $4,547 Revenue: $3,595

Cultural Summer Picnic

Program 2
Expenses: $7,165 Revenue: $7,515

Cultural New Year

Program 3
Expenses: $3,435 Revenue: $3,514

Cultural Nepali School

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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%)

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Financial Overview (2022)

Revenue Breakdown

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

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $15,147
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2022 2021 Change
Revenue N/A $225,567 -1.0%
Expenses N/A $34,703 -1.0%
Net Income N/A $190,864 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
10

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
10
$0
Total Directors
0
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Naryan Paudel President 10.00
Officer Key Emp
$0 $0 $0
Ragu K Giri Vice President 4.00
Officer
$0 $0 $0
Rajan Timishina Secretary 5.00
Officer
$0 $0 $0
Balkrishna Karki Vice Secretary 5.00
Officer
$0 $0 $0
Kuldip Adhikari Treasurer 5.00
Officer
$0 $0 $0
Sanjaya Panta Vice Treasurer 2.00
Officer
$0 $0 $0
Rinku Shrestha Executive officer 2.00
Officer
$0 $0 $0
Dipesh Bhatta Executive officer 2.00
Officer
$0 $0 $0
Sanumaya Maharjan Executive officer 2.00
Officer
$0 $0 $0
Bidhan Adhikari Executive officer 2.00
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
2022 No data No data $455,638 No data
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