SOUTH ASIAN MUSIC AND ARTS ASSOC A NJ NON PROFIT ORGANIZATION

EIN: 273612610 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$195
Total Expenses
$9,500
Total Assets
$6,554
Net Assets
$6,554
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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
2010
Legal Domicile
NJ
Principal Officer
SIMMI BHATIA
Phone
6462019448
Tax Period
2023-01-01 to 2023-12-31

SOUTH ASIAN MUSIC AND ARTS ASSOC A NJ NON PROFIT ORGANIZATION, founded in 2010, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $195 in total revenue in fiscal year 2023. Expenses of $10K exceeded revenue, resulting in a 4772% operating deficit.

Mission

PROMOTE MUSIC, ART AND CULTURE

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $195
TOTAL REVENUE $195

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $9,500
Other Expenses $9,500
TOTAL EXPENSES $9,500

Year-over-Year Comparison

2023 2022 Change
Revenue $195 N/A N/A
Expenses $9,500 N/A N/A
Net Income $-9,305 N/A 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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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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SIMMI BHATIA EXECUTIVE DIRECTOR 010.00
Officer
$0 $0 $0
SEJAL JHAVERI TREASURER 005.00
Officer
$0 $0 $0
AMIT DOSHI VICE PRESIDENT 005.00
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
2023 $195 $9,500 $6,554 $-9,305
2022 No data No data $15,859 No data
2021 $7 $790 $15,859 $-783
2020 $17 $118 $16,642 $-101
2019 $11 $6,744 $16,743 $-6,733
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