Parliament of the Worlds Religions (EIN 363605228) - 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

Legal Domicile

Principal Officer

Nitin Ajmera

Phone

5168491929

Tax Period

2024-01-01 to 2024-12-31

Parliament of the Worlds Religions is a small nonprofit that reported $538K in total revenue in fiscal year 2024. Revenue fell 79% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $193K, a strong 36% operating margin.

Mission

Foster inter-religous dialogue and cooperation in Metropolitan Chicago and around world.

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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 $516,382

Program Service Revenue $0

Investment Income $487

Other Revenue $20,693

TOTAL REVENUE $537,562

Expense Breakdown

Grants Paid $0

Salaries & Benefits $247,958

Fundraising Expenses $0

Program Expenses $247,958

Other Expenses $96,927

TOTAL EXPENSES $344,885

Year-over-Year Comparison

	2024	2023	Change
Revenue	$537,562	$2,612,187	-0.8%
Expenses	$344,885	$2,977,214	-0.9%
Net Income	$192,677	$-365,027	-1.5%

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

N/A

Employees

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
Saffet Catovic	Treasurer	10.00	Officer Director	$0	$0	$0
Nitin Ajmera	Chairman	20.00	Officer Director	$0	$0	$0
Sahar Alsahlani	Trustee	10.00	Officer Director	$0	$0	$0
Kehkashan Basu	Trustee	10.00	Director	$0	$0	$0
Debra Boudreaux	Trustee	10.00	Director	$0	$0	$0
Lewis Cardinal	Trustee	10.00	Director	$0	$0	$0
Phyllis Curott	Trustee	10.00	Director	$0	$0	$0
Dolly Dastoor	Trustee	10.00	Director	$0	$0	$0
Mary Doak	Trustee	10.00	Director	$0	$0	$0
Robert Flannery	Trustee	10.00	Director	$0	$0	$0
David Hales	Trustee	10.00	Director	$0	$0	$0
Sidney Heilbraun	Trustee	10.00	Director	$0	$0	$0
Swami Ishatmananda	Trustee	10.00	Director	$0	$0	$0
Laurel Kearns	Trustee	10.00	Director	$0	$0	$0
Thomas Lemberg	Trustee	10.00	Director	$0	$0	$0
James Lynch Jr	Vice President	10.00	Officer Director	$0	$0	$0
Charline Manuel	Secretary	10.00	Officer Director	$0	$0	$0
Mahrukh Motafram	Trustee	10.00	Director	$0	$0	$0
Carl Murrell	Trustee	10.00	Director	$0	$0	$0
Kaleb Nyquist	Trustee	10.00	Director	$0	$0	$0
Kusimita Pedersen	Trustee	10.00	Director	$0	$0	$0
Rori Picker Neiss	Trustee	10.00	Director	$0	$0	$0
Bobby Rush	Trustee	10.00	Director	$0	$0	$0
Harpreet Singh	Trustee	10.00	Director	$0	$0	$0
Sharan Singh	Trustee	10.00	Director	$0	$0	$0
Ann Smith	Trustee	10.00	Director	$0	$0	$0
Scott Stearman	Secretary	10.00	Officer Director	$0	$0	$0
Michael Reid Trice	Trustee	10.00	Director	$0	$0	$0
Annie McKinney	Trustee	0.00	Director	$0	$0	$0
Benedict Ayodi	Trustee	0.00	Director	$0	$0	$0
Harpeet Singh	Trustee	0.00	Director	$0	$0	$0
Nayana Shah	Trustee	0.00	Director	$0	$0	$0
Rich Havard	Trustee	0.00	Director	$0	$0	$0
Tarina Ahuja	Trustee	0.00	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
2024	$537,562	$344,885	$81,278	$192,677
2024	$537,562	$344,885	$81,278	$192,677
2023	$2,612,140	$2,976,072	$70,252	$-363,932
2022	$234,856	$504,750	$587,995	$-269,894
2021	$809,223	$520,196	$234,134	$289,027
2020	$275,483	$493,469	$149,842	$-217,986
2019	$439,334	$514,026	$365,169	$-74,692
2018	$4,518,249	$4,440,217	$452,786	$78,032

Parliament of the Worlds Religions