JOY OF SHARING FOUNDATION (EIN 371697719) - 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

2012

Legal Domicile

Phone

5624874092

Tax Period

2023-01-01 to 2023-12-31

JOY OF SHARING FOUNDATION, founded in 2012, is a small nonprofit in the Public & Societal Benefit sector that reported $361K in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring. Net assets of $826K represent 27 months of operating reserves.

Mission

TO SUPPORT COMMUNITY IN SOUTHERN CALIFORNIA BY HELPING BUILD BRIDGES AND PROVIDING SERVICES TO ADDRESS THE NEEDS AND SUPPORT NECESSARY RELIEF WHERE NEEDED LOCALLY AND AROUND THE 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 (2023)

Revenue Breakdown

Contributions & Grants $361,213

Program Service Revenue $0

Investment Income $243

Other Revenue $0

TOTAL REVENUE $361,456

Expense Breakdown

Grants Paid $24,382

Salaries & Benefits $11,911

Fundraising Expenses $164,545

Program Expenses $186,847

Other Expenses $156,957

TOTAL EXPENSES $357,795

Year-over-Year Comparison

	2023	2022	Change
Revenue	$361,456	$601,509	-0.4%
Expenses	$357,795	$402,150	-0.1%
Net Income	$3,661	$199,359	-1.0%

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
PUNITA DESAI	CEO	1.00	Director	$0	$0	$0
SHIVANI TARSADIA	Secretary	1.00	Director	$0	$0	$0
SHIRISH DAYAL	CFO	1.00	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	No data	No data	No data	No data
2023	$361,456	$357,795	$826,439	$3,661
2022	$601,509	$402,150	$822,778	$199,359
2021	$1,718,124	$1,318,877	$623,419	$399,247
2020	$551,627	$410,659	$224,172	$140,968
2019	$403,340	$411,280	$83,204	$-7,940

JOY OF SHARING FOUNDATION