FEDERATION OF INDIA COMMUNITY ASSOCIATIONS OF NE OHIO (EIN 341215066) - 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

1977

Legal Domicile

Principal Officer

HEMANT KANODIA

Phone

2167913422

Tax Period

2024-03-01 to 2025-02-28

FEDERATION OF INDIA COMMUNITY ASSOCIATIONS OF NE OHIO, founded in 1977, is a small nonprofit in the Arts, Culture & Humanities sector that reported $168K in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $43K, a strong 26% operating margin.

Mission

TO PROMOTE AND PRESERVE THE CULTURE, HERITAGE AND VALUES OF INDIA BY PARTICIPATING IN CIVIC FORUMS AND PROMOTING GOODWILL AND UNDERSTANDING FOR PEOPLE OF INDIAN ORIGIN IN THE COMMUNITY AT LARGE.

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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 $79,505

Program Service Revenue $52,057

Investment Income $36,075

Other Revenue $0

TOTAL REVENUE $167,637

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $35,364

Other Expenses $124,453

TOTAL EXPENSES $124,453

Year-over-Year Comparison

	2024	2023	Change
Revenue	$167,637	$129,511	+0.3%
Expenses	$124,453	$107,147	+0.2%
Net Income	$43,184	$22,364	+0.9%

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
SHEKHAR GANORE	PRESIDENT	1.00	Officer	$0	$0	$0
AMEET BATHIYA	VICE PRESIDE	1.00	Officer	$0	$0	$0
KEYURI HAZARNIS	SECRETARY	1.00	Officer	$0	$0	$0
HEMANT KANODIA	TREASURER	1.00	Officer	$0	$0	$0
ABHIJIT RUNWAL	CO-TREASURER	1.00	Officer	$0	$0	$0
RITU MAHNA	PAST PRESIDE	1.00	Officer	$0	$0	$0
DEEPA RAO	SOCIAL MEDIA	1.00	Officer	$0	$0	$0
AMIT JAIN	EXECUTIVE BO	1.00	Officer	$0	$0	$0
MANISH ISHWAR	EXECUTIVE BO	1.00	Officer	$0	$0	$0
SOMNATH ROY	EXECUTIVE BO	1.00	Officer	$0	$0	$0
NAVIN ULLI	EXECUTIVE BO	1.00	Officer	$0	$0	$0
YATISH DESAI	EXECUTIVE BO	1.00	Officer	$0	$0	$0
DEEPAK SAHOO	EXECUTIVE BO	1.00	Officer	$0	$0	$0
SUDARSHAN SATHE	CHAIRMAN - B	1.00	Officer Director	$0	$0	$0
DR RUPESH RAINA	VICE CHAIRPE	1.00	Officer Director	$0	$0	$0
SWATI DESAI	SECRETARY -	1.00	Officer Director	$0	$0	$0
DINESH BAFNA	BOARD OF TRU	N/A	Director	$0	$0	$0
PURUSHOTTAM PUNWANI	BOARD OF TRU	N/A	Director	$0	$0	$0
DR SATISH MAHNA	BOARD OF TRU	N/A	Director	$0	$0	$0
DR RAJESH SHARMA	BOARD OF TRU	N/A	Director	$0	$0	$0
DHARMINDER KAMPANI	BOARD OF TRU	N/A	Director	$0	$0	$0
GUNIYA BAFNA	BOARD OF TRU	N/A	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
2025	$167,637	$124,453	$1,047,767	$43,184
2024	$129,511	$107,147	$1,004,597	$22,364
2023	$108,530	$115,458	$982,233	$-6,928
2022	$132,621	$121,006	$989,161	$11,615
2021	$74,552	$27,082	$963,855	$47,470
2020	$114,112	$74,074	$917,711	$40,038
2019	$128,118	$97,937	$876,126	$30,181

FEDERATION OF INDIA COMMUNITY ASSOCIATIONS OF NE OHIO