ASSAM FOUNDATION OF NORTH AMERICA INC

EIN: 610994468 501(c)(3)

CANTON, MI

Total Revenue
$222,561
Total Expenses
$150,933
Total Assets
$148,356
Net Assets
$148,356
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
KY
Tax Period
2021-01-01 to 2021-12-31

ASSAM FOUNDATION OF NORTH AMERICA INC, founded in 1982, is a small nonprofit that reported $223K in total revenue in fiscal year 2021. The organization ran a surplus of $72K, a strong 32% operating margin.

Mission

Assam Foundation of North America is a publicly supported non-profit organization with foundation status serving since 1982 under section 509a of the Internal Revenue Code with tax exemption under section 501c3 with Tax ID. #: 61-0994468. Assam Foundation of North America encourages and facilitates organizational and individual efforts to further mutual understanding and cooperation between Assam and North America. Assam is a state in the north-eastern part of India. The foundation specifically seeks to: Assist institutions in promoting social cultural technical medical and educational exchanges between Assam and North America Encourage and recognize contributions toward the betterment of Assam and toward the promotion of goodwill and friendship between Assam and North America -Provide technical journals text books and equipment to institutions of learning health care institutes and other organizations serving Assam and North America and acquire Assamese materials and ma

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $222,561
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $222,561

Expense Breakdown

Grants Paid $142,877
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $150,933
Other Expenses $8,056
TOTAL EXPENSES $150,933

Year-over-Year Comparison

2021 2020 Change
Revenue $222,561 N/A N/A
Expenses $150,933 N/A N/A
Net Income $71,628 $0 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
17
Independent Members
17
Employees
N/A
Volunteers
20

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
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lipika Deka Board Of Director 1.00
Director
$0 $0 $0
Pradip Das Board Of Director 1.00
Director
$0 $0 $0
Debabrata Sarma Board Of Director 1.00
Director
$0 $0 $0
Niren Choudhury Board Of Director 1.00
Director
$0 $0 $0
Pallav Saikia Board Of Director 1.00
Director
$0 $0 $0
Ranju Sarma Board Of Director 1.00
Director
$0 $0 $0
Rita Kakati Board Of Director 1.00
Director
$0 $0 $0
Anamitra Bhattacharyya Treasurer 1.00
Officer
$0 $0 $0
Sarfaraz Taher President 2.00
Officer
$0 $0 $0
Enakshi Baruah Gen Secretary 1.00
Officer
$0 $0 $0
Chandan Mozumder Vice 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
2021 $222,561 $150,933 $148,356 $71,628
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