Kanishka Foundation Inc (EIN 452980021) - 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

2011

Legal Domicile

Principal Officer

Pradip Paul

Phone

9082089796

Tax Period

2023-01-01 to 2023-12-31

Kanishka Foundation Inc, founded in 2011, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $12K in total revenue in fiscal year 2023. Revenue surged 134% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2K, a strong 17% operating margin.

Mission

To provide financial assistance to deserving students who are planning for the Pre-Med curriculum in College. To help victims of humanitarian abuses and atrocities with shelter, food and clothing. And to support the efforts in establishing a Orphanage.

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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 (2023)

Revenue Breakdown

Contributions & Grants $425

Program Service Revenue $0

Investment Income $0

Other Revenue $11,522

TOTAL REVENUE $11,947

Expense Breakdown

Grants Paid $4,096

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,529

Other Expenses $5,821

TOTAL EXPENSES $9,917

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,947	$5,113	+1.3%
Expenses	$9,917	$5,606	+0.8%
Net Income	$2,030	$-493	-5.1%

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

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
Pradip Paul	Chairman	4.00	Officer	$0	$0	$0
Rekha Paul	Director	4.00	Officer	$0	$0	$0
Mark Danyus	Director	3.00	Director	$0	$0	$0
Jayanta Chowdhury	Director	3.00	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
2024	No data	No data	No data	No data
2023	$11,947	$9,917	$247,205	$2,030
2022	$5,113	$5,606	$247,951	$-493
2021	$4,001	$9,715	$246,928	$-5,714
2020	$15,565	$31,078	$247,563	$-15,513
2019	$-19,064	$7,635	$247,563	$-26,699
2018	$70,171	$62,946	$249,049	$7,225

Kanishka Foundation Inc