SARDAR PATEL UNIVERSITY ALUMNI INC (EIN 562330621) - 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

2003

Legal Domicile

Principal Officer

CHANDU PATEL

Phone

7323294555

Tax Period

2024-01-01 to 2024-12-31

SARDAR PATEL UNIVERSITY ALUMNI INC, founded in 2003, is a micro nonprofit in the Education sector that reported $84K in total revenue in fiscal year 2024. Revenue surged 97% from the prior year, signaling strong growth momentum. The organization ran a surplus of $58K, a strong 69% operating margin.

Mission

PROMOTE INTEREST OF MEMBERSHIP EDUCATION

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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 $80,024

Program Service Revenue $0

Investment Income $3,800

Other Revenue $0

TOTAL REVENUE $83,824

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $25,122

Other Expenses $25,902

TOTAL EXPENSES $25,902

Year-over-Year Comparison

	2024	2023	Change
Revenue	$83,824	$42,598	+1.0%
Expenses	$25,902	$24,891	+0.0%
Net Income	$57,922	$17,707	+2.3%

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

Governance

Voting Members

250

Independent Members

250

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
C Z PATEL	PRESIDENT	001.00	Officer Director	$0	$0	$0
HARSHAD PATEL	DIRECTOR	001.00	Officer Director	$0	$0	$0
PIYUSH PATEL	TREASURER	001.00	Officer Director	$0	$0	$0
MAHENDRA Z PATEL	DIRECTOR	001.00	Officer Director	$0	$0	$0
JYOTINDRA PATEL	DIRECTOR	001.00	Officer 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	$83,824	$25,902	$179,159	$57,922
2023	$42,598	$24,891	$139,042	$17,707
2022	$-6,149	$905	$121,335	$-7,054
2021	$54,888	$28,052	$110,584	$26,836
2020	$24,538	$3,251	$83,748	$21,287
2019	$36,562	$34,322	$62,461	$2,240
2018	$9,735	$2,452	$60,221	$7,283

SARDAR PATEL UNIVERSITY ALUMNI INC