INDO-AMERICAN CHARITY FOUNDATION HOUSTON

EIN: 760337936 501(c)(3)

SUGAR LAND, TX

Total Revenue
$74,978
Total Expenses
$189,815
Total Assets
$118,918
Net Assets
$118,918
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
TX
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

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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 (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

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Governance

Voting Members
17
Independent Members
17
Employees
N/A
Volunteers
19

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
3
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
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
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