AMERICAN SOCIETY OF ENGINEERS OF INDIAN ORIGIN

EIN: 382468829 Community Improvement

Northville, MI

Total Revenue
$75,623
Total Expenses
$53,074
Total Assets
$81,215
Net Assets
$81,215
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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
1983
Legal Domicile
CA
Principal Officer
Jwalant Lakhia
Phone
2488946553
Tax Period
2023-01-01 to 2023-12-31

AMERICAN SOCIETY OF ENGINEERS OF INDIAN ORIGIN, founded in 1983, is a micro nonprofit in the Community Improvement sector that reported $76K in total revenue in fiscal year 2023. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $23K, a strong 30% operating margin.

Mission

AN ORGANIZATION OF TECHNICAL PROFESSIONALS OF INDIAN ORIGIN, CREATING A PLATFORM FOR COMMUNITY SERVICES, NETWORKING AND AWARDING COLLEGE SCHOLARSHIPS TO STUDENTS IN TECHNICAL FIELDS.

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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 $75,623
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $75,623

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $53,074
Other Expenses $53,074
TOTAL EXPENSES $53,074

Year-over-Year Comparison

2023 2022 Change
Revenue $75,623 $44,297 +0.7%
Expenses $53,074 $22,039 +1.4%
Net Income $22,549 $22,258 +0.0%
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

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Governance

Voting Members
4
Independent Members
4
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Piyush Malik President 002.00
Officer
$0 $0 $0
Jwalant Lakhia Treasurer 002.00
Officer
$0 $0 $0
Ram Ramanujam Vice President 002.00
Officer
$0 $0 $0
Vatsala Upaddhyay Secretary 002.00
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
2024 No data No data No data No data
2023 $75,623 $53,074 $81,215 $22,549
2022 $44,297 $22,039 $56,671 $22,258
2021 $9,475 $7,629 $32,927 $1,846
2020 $8,544 $8,919 $31,081 $-375
2019 $11,395 $5,207 $31,456 $6,188
2018 $9,023 $39,887 $25,268 $-30,864
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