CULTURAL ASSOCIATION OF BENGAL (EIN 510180481) - 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

1971

Legal Domicile

Phone

5169655277

Tax Period

2024-01-01 to 2024-12-31

CULTURAL ASSOCIATION OF BENGAL, founded in 1971, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $24K in total revenue in fiscal year 2024. Revenue fell 76% from the prior year — a significant decline worth monitoring. Expenses of $22K left a modest 10% surplus.

Mission

PROPOGATE BENGALI LANGUAGE AND CULTURE, PUBLISH MONTHLY NEWSLETTER, AND BRING BENGALI CULTURAL HERITAGE TO GENERAL PUBLIC

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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 $24,084

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $24,084

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,689

Other Expenses $21,689

TOTAL EXPENSES $21,689

Year-over-Year Comparison

	2024	2023	Change
Revenue	$24,084	$100,110	-0.8%
Expenses	$21,689	$47,065	-0.5%
Net Income	$2,395	$53,045	-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
DILIP CHAKRABARTI	CHAIRMAN BOARD OF TRUSTEE	0.25	Director	$0	$0	$0
DEBI PALIT	TREASURER	1.00	Officer	$0	$0	$0
RANADEB SARKAR	PRESIDENT	1.00	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	$24,084	$21,689	$82,425	$2,395
2023	$100,110	$47,065	$80,030	$53,045
2022	$1,091,273	$1,257,885	$46,133	$-166,612
2021	$117,455	$220,988	$211,576	$-103,533
2020	$190,273	$148,339	$333,968	$41,934
2019	$354,876	$146,397	$330,000	$208,479
2018	$22,293	$21,483	$99,110	$810

CULTURAL ASSOCIATION OF BENGAL