ASHA RAY OF HOPE (EIN 550809558) - Form 990 Financial Analysis & Trantor Score

🔒

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

2004

Legal Domicile

Principal Officer

DrSHANTHA BALASWAMY

Phone

6143262121

Tax Period

2024-01-01 to 2024-12-31

ASHA RAY OF HOPE, founded in 2004, is a small nonprofit in the Mental Health sector that reported $176K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $159K left a modest 10% surplus.

Mission

To support and counsel victims of domestic violence in Ohio, especially of the South Asian Community

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $178,400

Program Service Revenue $0

Investment Income $1

Other Revenue $-2,272

TOTAL REVENUE $176,129

Expense Breakdown

Grants Paid $0

Salaries & Benefits $76,933

Fundraising Expenses $0

Program Expenses $145,056

Other Expenses $82,139

TOTAL EXPENSES $159,072

Year-over-Year Comparison

	2024	2023	Change
Revenue	$176,129	$154,887	+0.1%
Expenses	$159,072	$143,214	+0.1%
Net Income	$17,057	$11,673	+0.5%

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

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
Dr Shantha Balaswamy	President	20.00	Officer Director	$0	$0	$0
Juliet Almeida	Vice President	5.00	Officer Director	$0	$0	$0
Jaya Baliga	Treasurer	15.00	Officer Director	$0	$0	$0
Reena Dhanak	Secretary	3.00	Officer Director	$0	$0	$0
Suvankar Sengupta	Trustee	5.00	Director	$0	$0	$0
Kirit Kapadia	Trustee	3.00	Director	$0	$0	$0
Tanya Mathew	Trustee	3.00	Director	$0	$0	$0
Saba Shujaat	Trustee	3.00	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
2025	No data	No data	No data	No data
2024	$176,129	$159,072	$308,965	$17,057
2023	$154,887	$143,214	$295,659	$11,673
2022	$183,200	$154,174	$277,921	$29,026
2021	$174,274	$164,477	$276,775	$9,797
2020	$258,321	$223,502	$261,685	$34,819
2019	$299,855	$253,654	$246,623	$46,201
2018	$260,613	$258,600	$154,579	$2,013

ASHA RAY OF HOPE