IIT ALUMNI OF GREATER HOUSTON IITAGH

EIN: 412155549 501(c)(3) Education

Sugar Land, TX

Total Revenue
$20,781
Total Expenses
$23,775
Total Assets
$120,540
Net Assets
$120,540
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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
2004
Legal Domicile
TX
Principal Officer
NITISH MITTAL
Phone
7656375367
Tax Period
2021-01-01 to 2021-12-31

IIT ALUMNI OF GREATER HOUSTON IITAGH, founded in 2004, is a micro nonprofit in the Education sector that reported $21K in total revenue in fiscal year 2021. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $24K exceeded revenue, resulting in a 14% operating deficit.

Mission

CHARITABLE AND EDUCATIONAL SUPPORT TO THE COMMUNITY THROUGH NETWORKING PROFESSIONAL DEVELOPMENT AND COMMUNITY EVENT

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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 (2021)

Revenue Breakdown

Contributions & Grants $19,777
Program Service Revenue $1,004
Investment Income $0
Other Revenue $0
TOTAL REVENUE $20,781

Expense Breakdown

Grants Paid $19,136
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,918
Other Expenses $4,639
TOTAL EXPENSES $23,775

Year-over-Year Comparison

2021 2020 Change
Revenue $20,781 $33,279 -0.4%
Expenses $23,775 $38,662 -0.4%
Net Income $-2,994 $-5,383 -0.4%
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
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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AKANKSHA GARG PRESIDENT 4.000
Director
$0 $0 $0
SURUPA SHAW VICE PRESIDENT 4.000
Director
$0 $0 $0
NITISH MITTAL TREASURER 4.000
Director
$0 $0 $0
SHILADITYA BASU EVENT CHAIR 4.000
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
2021 $20,781 $23,775 $120,540 $-2,994
2020 $33,279 $38,662 $123,534 $-5,383
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