MAI FAMILY SERVICES (EIN 382659685) - 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

1986

Legal Domicile

Principal Officer

MONA SASHITAL

Phone

2484774985

Tax Period

2024-01-01 to 2024-12-31

MAI FAMILY SERVICES, founded in 1986, is a small nonprofit in the Arts, Culture & Humanities sector that reported $366K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. The organization ran a surplus of $95K, a strong 26% operating margin.

Mission

PROVIDING EMOTIONAL, FINANCIAL AND MATERIAL ASSISTANCE TO SOUTH ASIAN FAMILIES DEALING WITH PERSONAL CRISES SUCH AS DOMESTIC ABUSE, SENIOR ABUSE, DIVORCE, SICKNESS, DEATH AND CULTURAL ADJUSTMENT

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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 $260,549

Program Service Revenue $0

Investment Income $11,738

Other Revenue $93,287

TOTAL REVENUE $365,574

Expense Breakdown

Grants Paid $0

Salaries & Benefits $204,032

Fundraising Expenses $0

Program Expenses $270,201

Other Expenses $66,169

TOTAL EXPENSES $270,201

Year-over-Year Comparison

	2024	2023	Change
Revenue	$365,574	$413,304	-0.1%
Expenses	$270,201	$298,443	-0.1%
Net Income	$95,373	$114,861	-0.2%

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

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
ANUPAMA GOPALAKRISHNAN	SECRETARY	N/A	Officer Director	$0	$0	$0
VATSALA UPADHYAY	PRESIDENT	N/A	Officer Director	$0	$0	$0
MONA SASHITAL	TREASURER	N/A	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	$365,574	$270,201	$792,407	$95,373
2023	$413,304	$298,443	$697,034	$114,861
2022	$275,578	$262,873	$582,173	$12,705
2021	$528,598	$318,220	$556,088	$210,378
2020	$367,866	$323,665	$345,710	$44,201
2019	$312,768	$233,576	$301,509	$79,192
2018	$170,908	$197,544	$222,317	$-26,636

MAI FAMILY SERVICES