Premiere Charities Inc (EIN 273349768) - 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

2011

Legal Domicile

Principal Officer

Sanjay Wadhwa

Phone

3023333624

Tax Period

2024-01-01 to 2024-12-31

Premiere Charities Inc, founded in 2011, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $230K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. The organization ran a surplus of $37K, a strong 16% operating margin.

Mission

Our mission is to serve Underpriviledged by Mobilizing Resources for Food, Health, Clothing, Shelter Education

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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 $197,432

Program Service Revenue $0

Investment Income $0

Other Revenue $32,272

TOTAL REVENUE $229,704

Expense Breakdown

Grants Paid $119,152

Salaries & Benefits $12,000

Fundraising Expenses $0

Program Expenses $179,789

Other Expenses $61,991

TOTAL EXPENSES $193,143

Year-over-Year Comparison

	2024	2023	Change
Revenue	$229,704	$266,448	-0.1%
Expenses	$193,143	$214,999	-0.1%
Net Income	$36,561	$51,449	-0.3%

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

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
Sanjay Wadhwa	Treasurer Secretary	002.00	Director	$0	$0	$0
Reynold Agard	Board Member	001.00	Director	$0	$0	$0
Jo Melson	Board Member	001.00	Director	$0	$0	$0
John Mohollen	Board Member	001.00	Director	$0	$0	$0
Gail Saltars	Board Member	001.00	Director	$0	$0	$0
Vinod Kripalu	President	002.00	Director	$0	$0	$0
Chetana Kripalu	Board Member	002.00	Director	$0	$0	$0
Gurinder Singh	Board Member	001.00	Director	$0	$0	$0
Sachin Karnik	Administrator	008.00	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	$229,704	$193,143	$247,723	$36,561
2023	$266,448	$214,999	$206,627	$51,449
2022	$264,282	$282,446	$155,767	$-18,164
2021	$186,441	$157,411	$173,969	$29,030
2020	$114,870	$96,754	$144,135	$18,116
2019	$61,727	$49,004	$125,433	$12,723

Premiere Charities Inc