BOLLA CHARITY FOUNDATION INC (EIN 464054300) - 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

2013

Legal Domicile

Principal Officer

HARVINDER SINGH

Phone

5165126650

Tax Period

2023-01-01 to 2023-12-31

BOLLA CHARITY FOUNDATION INC, founded in 2013, is a small nonprofit in the Unknown sector that reported $551K in total revenue in fiscal year 2023. Revenue surged 70% from the prior year, signaling strong growth momentum. The organization ran a surplus of $269K, a strong 49% operating margin.

Mission

BENEFIT THE POOR, THE HOMELESS, AND THE NEEDY IN NASSAU COUNTY, NEW YORK AND IN THE SURROUNDING AREA.

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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 $525,212

Program Service Revenue $0

Investment Income $24,787

Other Revenue $1,341

TOTAL REVENUE $551,340

Expense Breakdown

Grants Paid $260,181

Salaries & Benefits $0

Fundraising Expenses $14,876

Program Expenses $260,181

Other Expenses $22,084

TOTAL EXPENSES $282,265

Year-over-Year Comparison

	2023	2022	Change
Revenue	$551,340	$324,911	+0.7%
Expenses	$282,265	$122,850	+1.3%
Net Income	$269,075	$202,061	+0.3%

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
HARVINDER SINGH	PRESIDENT	0.50	Officer Director	$0	$0	$0
KAMLJIT KAUR SINGH	DIRECTOR	0.50	Director	$0	$0	$0
JEETINDER PAUL SINGH	BOARD MEMBER	0.50	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	$551,340	$282,265	$1,247,838	$269,075
2022	$324,911	$122,850	$907,041	$202,061
2021	$233,213	$62,028	$645,231	$171,185
2020	$111,200	$514,755	$440,730	$-403,555
2019	$393,196	$59,608	$864,736	$333,588
2018	$326,034	$33,005	$516,155	$293,029

BOLLA CHARITY FOUNDATION INC