IIT ROORKEE HERITAGE FOUNDATION (EIN 431791249) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

Aditya Gupta

Tax Period

2024-01-01 to 2024-12-31

IIT ROORKEE HERITAGE FOUNDATION, founded in 2001, is a small nonprofit in the Education sector that reported $296K in total revenue in fiscal year 2024. Revenue surged 590% from the prior year, signaling strong growth momentum. Expenses of $263K left a modest 11% surplus.

Mission

Promoting Education, Science & Technology Research and helping students in field of science and technology.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $282,709

Program Service Revenue $0

Investment Income $12,911

Other Revenue $0

TOTAL REVENUE $295,620

Expense Breakdown

Grants Paid $258,700

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $258,700

Other Expenses $3,865

TOTAL EXPENSES $262,565

Year-over-Year Comparison

	2024	2023	Change
Revenue	$295,620	$42,838	+5.9%
Expenses	$262,565	$43,522	+5.0%
Net Income	$33,055	$-684	-49.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

N/A

Independent Members

N/A

Employees

N/A

Volunteers

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
Manoj Goel	Director	2	Director	$0	$0	$0
Harish Goyal	Director	3	Director	$0	$0	$0
Aditya Gupta	Director	3	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	$295,620	$262,565	$313,763	$33,055

IIT ROORKEE HERITAGE FOUNDATION