Khalsa Gurmat Center (EIN 473479109) - 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

2014

Legal Domicile

Principal Officer

Ranjit Pannu

Tax Period

2023-01-01 to 2023-12-31

Khalsa Gurmat Center, founded in 2014, is a small nonprofit in the Religion sector that reported $998K in total revenue in fiscal year 2023. Revenue surged 62% from the prior year, signaling strong growth momentum. The organization ran a surplus of $571K, a strong 57% operating margin.

Mission

To work on education and empowerment programs for the Sikh community

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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 $962,025

Program Service Revenue $0

Investment Income $6,124

Other Revenue $29,864

TOTAL REVENUE $998,013

Expense Breakdown

Grants Paid $8,000

Salaries & Benefits $1,150

Fundraising Expenses $0

Program Expenses $405,527

Other Expenses $417,952

TOTAL EXPENSES $427,102

Year-over-Year Comparison

	2023	2022	Change
Revenue	$998,013	$616,832	+0.6%
Expenses	$427,102	$275,768	+0.5%
Net Income	$570,911	$341,064	+0.7%

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

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
Jasmit Kochhar	Board Member	10.00	Officer	$0	$0	$0
Hardeep Rekhi	Board Member	10.00	Officer	$0	$0	$0
Sutinder Chawla	Board Member	10.00	Officer	$0	$0	$0
Ranjit Pannu	Board Member	10.00	Officer	$0	$0	$0
Diljit Sethi	Board Member	10.00	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	$998,013	$427,102	$4,138,022	$570,911
2022	$616,832	$275,768	$3,827,436	$341,064
2021	$471,875	$238,505	$3,733,246	$233,370
2020	$339,571	$214,589	$3,766,118	$124,982
2019	$422,811	$262,432	$3,915,845	$160,379
2018	$694,451	$383,757	$3,394,618	$310,694

Khalsa Gurmat Center