SAT NAM FOUNDATION INC

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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

2013

Legal Domicile

Principal Officer

KARAN K KHALSA

Phone

7036226122

Tax Period

2024-01-01 to 2024-12-31

SAT NAM FOUNDATION INC, founded in 2013, is a micro nonprofit that reported $3K in total revenue in fiscal year 2024. Revenue fell 87% from the prior year — a significant decline worth monitoring. Expenses of $13K exceeded revenue, resulting in a 424% operating deficit.

Mission

THE ORGANIZATION'S MISSION IS TO IMPROVE THE LIVES OF UNDERSERVED PEOPLE THROUGH YOGA AND OTHER HEALING MODALITIES AS WELL AS FUNDING PROJECTS AND VOLUNTEER EFFORTS TO DIRECTLY IMPACT PEOPLES LIVES.

Program Service Accomplishments

Program 1

Expenses: $2,123 Revenue: $2,492

SAT NAM FOUNDATION OPERATED THE FOLLOWING PROGRAMS IN 2023: SPIRIT VOYAGE LEGACY FOUNDATION (SVLF) | DEVELOPMENT OF PROPERTY IN MAHAHUAL 295,043 FUNDED IN 2023 FOR DEVELOPMENT OF MEXICAN PROPERTY...

SAT NAM FOUNDATION OPERATED THE FOLLOWING PROGRAMS IN 2023: SPIRIT VOYAGE LEGACY FOUNDATION (SVLF) | DEVELOPMENT OF PROPERTY IN MAHAHUAL 295,043 FUNDED IN 2023 FOR DEVELOPMENT OF MEXICAN PROPERTY THAT WILL OFFER FUTURE HEALING AND THERAPEUTIC PROGRAMS FOR VICTIMS OF TRAUMA. THE ORGANIZATIONAL PURPOSE OF SVLF IS TO PROVIDE OPPORTUNITIES AND VENUES FOR LEARNING AND TEACHING HEALING ARTS, YOGA, MUSIC, SUSTAINABLE LIVING AND ANY OTHER LIFESTYLE OR PHILOSOPHY THAT LEADS TO A BETTER LIFE AND A HEALTHIER PLANET. SVLF WILL ACCOMPLISH THIS GOAL BY ACCEPTING DONATIONS OF PROPERTIES AND ASSETS THAT CAN BE USED TO SUPPORT THESE ACTIVITIES, INCLUDING BY MAKING ITS REAL PROPERTY ASSETS AVAILABLE FOR USE BY OTHER TAX-EXEMPT NONPROFIT ORGANIZATIONS THAT SHARE SVLFS MISSION AND VALUES AND BY MAKING MONETARY DONATIONS TO THOSE ORGANIZATIONS.

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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 $2,492

Program Service Revenue $0

Investment Income $13

Other Revenue $0

TOTAL REVENUE $2,505

Expense Breakdown

Grants Paid $2,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,123

Other Expenses $11,129

TOTAL EXPENSES $13,129

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,505	$19,873	-0.9%
Expenses	$13,129	$312,309	-1.0%
Net Income	$-10,624	$-292,436	-1.0%

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
GABRIEL FULTON	SECRETARY/TR	10.00	Officer Director	$0	$0	$0
KARAN K KHALSA	PRESIDENT	10.00	Officer Director	$0	$0	$0
ELIENNE LAWSON	DIRECTOR	2.00	Director	$0	$0	$0
JENNIFER SELLS	DIRECTOR	2.00	Director	$0	$0	$0
GURUGANESHA SINGH	DIRECTOR	2.00	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	$2,505	$13,129	$2,910	$-10,624
2023	$19,873	$312,309	$13,579	$-292,436
2022	$135,193	$633,193	$308,865	$-498,000
2021	$-62,312	$984,992	$834,262	$-1,047,304
2020	$-345,901	$197,391	$1,881,161	$-543,292
2019	$435,682	$475,617	$2,400,122	$-39,935
2018	$143,989	$114,900	$1,515,929	$29,089