INDIA ASSOCIATION CULTURAL AND EDUCATION CENTER OF NORTH CENTRAL FLORIDA IN (EIN 593640862) - 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

2000

Legal Domicile

Principal Officer

SNEHAL PATEL

Phone

3526249530

Tax Period

2023-01-01 to 2023-12-31

INDIA ASSOCIATION CULTURAL AND EDUCATION CENTER OF NORTH CENTRAL FLORIDA IN, founded in 2000, is a small nonprofit in the Arts, Culture & Humanities sector that reported $184K in total revenue in fiscal year 2023. Revenue surged 364% from the prior year, signaling strong growth momentum. The organization ran a surplus of $106K, a strong 58% operating margin.

Mission

CULTURAL 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 (2023)

Revenue Breakdown

Contributions & Grants $143,929

Program Service Revenue $0

Investment Income $12,829

Other Revenue $26,994

TOTAL REVENUE $183,752

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $64,217

Other Expenses $77,407

TOTAL EXPENSES $77,407

Year-over-Year Comparison

	2023	2022	Change
Revenue	$183,752	$39,584	+3.6%
Expenses	$77,407	$57,421	+0.3%
Net Income	$106,345	$-17,837	-7.0%

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
SNEHAL PATEL	PRESIDENT	3.00	Officer	$0	$0	$0
BINISHA PATEL	VICE PRESIDENT	3.00	Officer	$0	$0	$0
KALPA PATEL	SECRETARY	3.00	Officer	$0	$0	$0
ANIL PATEL	TREASURER	3.00	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	No data	No data	No data	No data
2023	$183,752	$77,407	$1,649,315	$106,345
2022	$39,584	$57,421	$1,542,969	$-17,837
2021	$-13,356	$14,951	$1,560,805	$-28,307
2020	$94,073	$36,234	$1,589,112	$57,839
2019	$88,577	$75,221	$1,531,274	$13,356
2018	$156,278	$106,649	$1,517,918	$49,629

INDIA ASSOCIATION CULTURAL AND EDUCATION CENTER OF NORTH CENTRAL FLORIDA IN