SPEAKHIRE INC

EIN: 474132773 501(c)(3) Youth Development

FLORAL PARK, NY

Total Revenue
$333,195
Total Expenses
$359,206
Total Assets
$167,102
Net Assets
$167,102
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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
2015
Legal Domicile
NY
Principal Officer
HETAL JANI
Phone
7188696224
Tax Period
2024-01-01 to 2024-12-31

SPEAKHIRE INC, founded in 2015, is a small nonprofit in the Youth Development sector that reported $333K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year.

Mission

Developing the social capital of youth from immigrant families to become future workforce leaders

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $118,369
Program Service Revenue $214,826
Investment Income $0
Other Revenue $0
TOTAL REVENUE $333,195

Expense Breakdown

Grants Paid $0
Salaries & Benefits $308,597
Fundraising Expenses $0
Program Expenses $359,206
Other Expenses $41,906
TOTAL EXPENSES $359,206

Year-over-Year Comparison

2024 2023 Change
Revenue $333,195 $398,262 -0.2%
Expenses $359,206 $418,884 -0.1%
Net Income $-26,011 $-20,622 +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

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Governance

Voting Members
9
Independent Members
9
Employees
1
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
8
$147,875
Total Directors
0
$0
Key Employees
1
$147,875
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Hetal Jani Exe. Director 040.00
Officer Key Emp Highest
$147,875 $0 $147,875
Prasanna Vijayanathan Board Member 005.00
Officer
$0 $0 $0
Kiran Jani Board Member 005.00
Officer
$0 $0 $0
Ritika Naik Board Member 005.00
Officer
$0 $0 $0
Benazir Fateh Board Member 005.00
Officer
$0 $0 $0
Madhumitha Sowndhararajan Board Member 005.00
Officer
$0 $0 $0
Edward Liu Board Member 005.00
Officer
$0 $0 $0
Gary Blinth Board Member 005.00
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 $333,195 $359,206 $167,102 $-26,011
2023 $398,262 $418,884 $193,861 $-20,622
2023 $398,262 $418,884 $193,861 $-20,622
2022 $456,967 $417,435 $213,651 $39,532
2022 $456,967 $417,435 $213,651 $39,532
2021 $256,528 $113,891 $174,119 $142,637
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