Chopra Foundation

EIN: 364793898 501(c)(3) Health Care

NEW YORK, NY

Total Revenue
$1,266,873
Total Expenses
$1,736,507
Total Assets
$632,319
Net Assets
$214,606
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
CA
Principal Officer
POONACHA MACHAIAH
Phone
9173910374
Tax Period
2023-01-01 to 2023-12-31

Chopra Foundation, founded in 2014, is a community nonprofit in the Health Care sector that reported $1.3M in total revenue in fiscal year 2023. Revenue fell 54% from the prior year — a significant decline worth monitoring. Expenses of $1.7M exceeded revenue, resulting in a 37% operating deficit.

Mission

DEDICATED TO IMPROVING HEALTH AND WELL BEING, CULTIVATING SPIRITUAL KNOWLEDGE, EXPANDING CONSCIOUSNESS, AND PROMOTING WORLD PEACE TO ALL MEMBERS OF THE HUMAN FAMILY.

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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 $705,887
Program Service Revenue $65,410
Investment Income $495,576
Other Revenue $0
TOTAL REVENUE $1,266,873

Expense Breakdown

Grants Paid $1,826
Salaries & Benefits $451,447
Fundraising Expenses $99,221
Program Expenses $761,187
Other Expenses $1,283,234
TOTAL EXPENSES $1,736,507

Year-over-Year Comparison

2023 2022 Change
Revenue $1,266,873 $2,735,720 -0.5%
Expenses $1,736,507 $1,783,233 0.0%
Net Income $-469,634 $952,487 -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

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Governance

Voting Members
6
Independent Members
6
Employees
4
Volunteers
6

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
4
$206,298
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
POONACHA MACHAIAH EXECUTIVE DIRECTOR 40.0
Officer
$200,000 $0 $200,000
MICHAEL MCCARTHY CFO 40.0
Officer
$6,298 $0 $6,298
DEEPAK CHOPRA MD Board chairman, director 10.0
Officer Director
$0 $0 $0
Paul Johnson Treasurer, Secretary, Director 5.0
Officer Director
$0 $0 $0
Francois Ferre Director 2.0
Director
$0 $0 $0
Huda Al Ghoson Director 2.0
Director
$0 $0 $0
David Lubotta Director 2.0
Director
$0 $0 $0
Ajay K Gupta Director 2.0
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
2023 $1,266,873 $1,736,507 $632,319 $-469,634
2022 $2,735,720 $1,783,233 $1,399,350 $952,487
2021 $1,891,668 $1,777,620 $867,093 $114,048
2020 $958,453 $1,241,413 $590,981 $-282,960
2019 $3,114,950 $2,640,316 $1,195,902 $474,634
2019 $3,164,950 $2,640,316 $1,195,902 $524,634
2018 $1,260,691 $1,305,015 $1,453,847 $-44,324
2018 $1,260,691 $1,305,015 $1,453,847 $-44,324
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