TRIANGLE AREA TELUGU ASSOCIATON OF NORTH CAROLINA (EIN 475254273) - 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

2015

Legal Domicile

Principal Officer

HARISH KANNEGANTI

Phone

6365413693

Tax Period

2024-01-01 to 2024-12-31

TRIANGLE AREA TELUGU ASSOCIATON OF NORTH CAROLINA, founded in 2015, is a small nonprofit in the Human Services sector that reported $245K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

Telugu Community and Cultural Association

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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 $244,959

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $244,959

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $235,722

Other Expenses $7,873

TOTAL EXPENSES $243,595

Year-over-Year Comparison

	2024	2023	Change
Revenue	$244,959	$259,499	-0.1%
Expenses	$243,595	$219,691	+0.1%
Net Income	$1,364	$39,808	-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
HARISH KANNEGANTI	PRESIDENT	5.00	Director	$0	$0	$0
BALA SUBRAHMANYAM GARJALA	VICE PRESIDENT	5.00	Director	$0	$0	$0
RAMESH TUMMALAPALLI	SECRETARY	5.00	Director	$0	$0	$0
SRI NARASIMHA BYRAPUNENI	TREASURER	5.00	Director	$0	$0	$0
SAI SUDHAKAR DASARI	JOINT SECRETARY	5.00	Director	$0	$0	$0
PRAKASH BAYANA	DIRECTOR	5.00	Director	$0	$0	$0
NITYA GINJUPALLI	DIRECTOR	5.00	Director	$0	$0	$0
VINOD KUMAR KATRAGADDA	DIRECTOR	5.00	Director	$0	$0	$0
RAMA KRISHNA NUNE	DIRECTOR	5.00	Director	$0	$0	$0
RAVI KISHORE LAMU	DIRECTOR	5.00	Director	$0	$0	$0
RAGHUNATH KOPARAGAM	DIRECTOR	5.00	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	$244,959	$243,595	$128,983	$1,364
2023	$259,499	$219,691	$70,350	$39,808
2022	$225,628	$252,339	$91,163	$-26,711

TRIANGLE AREA TELUGU ASSOCIATON OF NORTH CAROLINA