INDO-AMERICAN CHARITY FOUNDATION H… - Form 990 Financial Data

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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

1991

Legal Domicile

Principal Officer

Rajesh Dikonda

Phone

4083060807

Tax Period

2024-01-01 to 2024-12-31

INDO-AMERICAN CHARITY FOUNDATION HOUSTON, founded in 1991, is a micro nonprofit that reported $75K in total revenue in fiscal year 2024. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $190K exceeded revenue, resulting in a 153% operating deficit.

Mission

HELP THE NEEDY AND LOW INCOME INDIVIDUAL, FAMILY AND STUDENTS VIA SCHOLARSHIP AND GRANTS TO OTHER NON PROFIT ORGANIZATIONS

Program Service Accomplishments

Program 1

Expenses: $120,486 Revenue: $-111,136

HELP THE NEEDY AND LOW INCOME INDIVIDUAL, FAMILY AND STUDENTS VIA SCHOLARSHIP AND GRANTS TO OTHER NON PROFIT ORGANIZATIONS ON ONGOING BASIS DEPENDING UPON DONOR CONTRIBUTIONS.

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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 $73,349

Program Service Revenue $0

Investment Income $1,629

Other Revenue $0

TOTAL REVENUE $74,978

Expense Breakdown

Grants Paid $103,296

Salaries & Benefits $0

Fundraising Expenses $63,147

Program Expenses $120,486

Other Expenses $86,519

TOTAL EXPENSES $189,815

Year-over-Year Comparison

	2024	2023	Change
Revenue	$74,978	$111,345	-0.3%
Expenses	$189,815	$157,287	+0.2%
Net Income	$-114,837	$-45,942	+1.5%

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
Pankaj Rana	President	4.00	Officer Director	$0	$0	$0
Rajesh Dikonda	Intermidiate Past-President	4.00	Officer Director	$0	$0	$0
Shobhana Muratee	Director	3.00	Officer Director	$0	$0	$0
Prasun Jalal	Treasurer	3.00		$0	$0	$0
Ven Bontha	Director	1.00	Director	$0	$0	$0
Hasu D Patel	Director	1.00	Director	$0	$0	$0
Sridhar Srinivasan	Director	1.00	Director	$0	$0	$0
Kamala Raghavan	Advisor	1.00	Director	$0	$0	$0
Ramesh Cherivirala	Advisor	1.00	Director	$0	$0	$0
Nanda Vura	Advisor	1.00	Director	$0	$0	$0
Prem Cholia	Advisor	1.00	Director	$0	$0	$0
Mahesh Wadhwa	Advisor	1.00	Director	$0	$0	$0
Venkat Iyer	Advisor	1.00	Director	$0	$0	$0
Dr Sushovan Guha	Director	1.00	Director	$0	$0	$0
Ramesh Maddi	Director	1.00	Director	$0	$0	$0
Joseph Zenith Ellankil	Advisor	1.00	Director	$0	$0	$0
Shephali Kadia	Director	1.00	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
2024	$74,978	$189,815	$118,918	$-114,837
2023	$111,345	$161,603	$233,755	$-50,258
2022	$21,532	$44,848	$284,013	$-23,316
2021	$120,038	$86,737	$307,327	$33,301
2020	$23,082	$54,411	$274,026	$-31,329
2019	$137,240	$146,875	$305,355	$-9,635
2018	$210,435	$346,776	$314,989	$-136,341

INDO-AMERICAN CHARITY FOUNDATION HOUSTON