Zoroastrian Association of Kentucky Ohio and Indiana

EIN: 432089546 501(c)(3) Religion

Fairfield, OH

Total Revenue
$700,594
Total Expenses
$49,126
Total Assets
$951,970
Net Assets
$951,970
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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
OH
Principal Officer
Bakhtavar Desai
Tax Period
2024-01-01 to 2024-12-31

Zoroastrian Association of Kentucky Ohio and Indiana, founded in 2005, is a small nonprofit in the Religion sector that reported $701K in total revenue in fiscal year 2024. The organization ran a surplus of $651K, a strong 93% operating margin.

Mission

Our principal objective is to have religious activities ceremonies and worship services of our religious order Zoroastrianism at our church called Zoroastrian Association of Kentucky Ohio and Indiana a.k.a. ZAKOI where our congregation meets to worship and attend our religious services. Additionally our objective is to promote and disseminate the teachings of our Prophet Zarathushtra amongst the congregation of our church called Zoroastrian Association of Kentucky Ohio and Indiana a.k.a. ZAKOI which primarily includes the tenets of living our daily lives with Good Thoughts Good Words and Good Deeds.

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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 (2024)

Revenue Breakdown

Contributions & Grants $683,890
Program Service Revenue $0
Investment Income $16,704
Other Revenue $0
TOTAL REVENUE $700,594

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $49,126
TOTAL EXPENSES $49,126

Year-over-Year Comparison

2024 2023 Change
Revenue $700,594 N/A N/A
Expenses $49,126 N/A N/A
Net Income $651,468 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
11

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
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bakhtavar Desai President of Board of Trustees 30.00
Director
$0 $0 $0
Freddy Bharucha Trustee 1.00
Director
$0 $0 $0
Shahriyour Trustee 1.00
Director
$0 $0 $0
Freddy Engineer Trustee 1.00
Director
$0 $0 $0
Homi Gandhi Trustee 1.00
Director
$0 $0 $0
Zavera Kanga Trustee 1.00
Director
$0 $0 $0
Giti Rostami Trustee 1.00
Director
$0 $0 $0
Golab Momenkhani Trustee 1.00
Director
$0 $0 $0
Yasmin Bhumgara Trustee 1.00
Director
$0 $0 $0
Anahita Choksi Treasurer 1.00
Officer
$0 $0 $0
Jamshed Kanga Advisor 1.00
Officer
$0 $0 $0
Rayomand Bhumgara Advisor 1.00
Officer
$0 $0 $0
Faredoon Desai Officer 5.00
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 $700,594 $49,126 $951,970 $651,468
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