Jain Society of Central Virginia

🔒

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

2014

Legal Domicile

Principal Officer

Mr Navin Sheth

Phone

8043579133

Tax Period

2023-01-01 to 2023-12-31

Jain Society of Central Virginia, founded in 2014, is a small nonprofit in the Religion sector that reported $297K in total revenue in fiscal year 2023. Revenue surged 49% from the prior year, signaling strong growth momentum. Expenses of $332K exceeded revenue, resulting in a 12% operating deficit.

Mission

Religious and educational purpose.

Program Service Accomplishments

Program 1

Expenses: $300,005 Revenue: $263,080

Organize and practice activities of value and interest to the Indian community. To promote the teachings and discussions of the religious and cultural heritage of India. To establish permanent center for such activities and to initiate and obtain contacts with similar centers in and outside the United States to foster common goals.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $263,080

Program Service Revenue $0

Investment Income $33,981

Other Revenue $0

TOTAL REVENUE $297,061

Expense Breakdown

Grants Paid $79,262

Salaries & Benefits $25,107

Fundraising Expenses $691

Program Expenses $300,005

Other Expenses $227,542

TOTAL EXPENSES $331,911

Year-over-Year Comparison

	2023	2022	Change
Revenue	$297,061	$198,985	+0.5%
Expenses	$331,911	$216,796	+0.5%
Net Income	$-34,850	$-17,811	+1.0%

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

Independent Members

Employees

Volunteers

N/A

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
Mr Bharat Shah	Trustee	0.00	Director	$0	$0	$0
Mr Chandresh Benani	Trustee	0.00	Director	$0	$0	$0
Mr Kamlesh Kundalia	Trustee	0.00	Director	$0	$0	$0
Mr Niketan Mehta	Trustee	0.00	Director	$0	$0	$0
Mr Sunil Mehta	Trustee	0.00	Director	$0	$0	$0
Mr Navin Sheth	President	15.00	Officer Director	$0	$0	$0
Mr Sanjay Gandhi	Vice President	15.00	Officer Director	$0	$0	$0
Mr Mitesh Shah	Treasurer	15.00	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	No data	No data	No data	No data
2023	$297,061	$331,911	$4,241,518	$-34,850
2022	$198,985	$216,796	$4,275,031	$-17,811
2021	$116,343	$163,919	$4,295,971	$-47,576
2020	$258,353	$159,239	$4,342,776	$99,114
2019	$1,757,170	$246,654	$4,253,485	$1,510,516
2018	$394,564	$11,758	$2,929,404	$382,806