CAPITAL IIT ALUMNI ASSOCIATION INC (EIN 760703527) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

RAMIT GHOSH

Phone

7034606180

Tax Period

2023-01-01 to 2023-12-31

CAPITAL IIT ALUMNI ASSOCIATION INC, founded in 2002, is a micro nonprofit in the Education sector that reported $4K in total revenue in fiscal year 2018. Revenue surged 273% from the prior year, signaling strong growth momentum. Expenses of $9K exceeded revenue, resulting in a 146% operating deficit.

Mission

IT IS OUR MISSION TO PROVIDE A FORUM FOR COMMUNICATION, TECHNOLOGY COLLABORATION AND PROFESSIONAL MENTORSHIP ACTIVITIES FOR OUR MEMBERS AND SPONSORS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $14,570

Program Service Revenue $1,027,447

Investment Income $22

Other Revenue $0

TOTAL REVENUE $1,042,039

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $369,787

Other Expenses $374,859

TOTAL EXPENSES $374,859

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,042,039	$12,375	+83.2%
Expenses	$374,859	$8,892	+41.2%
Net Income	$667,180	$3,483	+190.6%

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

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
JASBIR SARAO	DIRECTOR	002.00	Director	$0	$0	$0
NITISH THAKOR	DIRECTOR	002.00	Director	$0	$0	$0
SURESH SHENOY	DIRECTOR	005.00	Director	$0	$0	$0
ATUL MATHUR	PRESIDENT	010.00	Officer Director	$0	$0	$0
SANDEEP TUKNAT	DIRECTOR	010.00	Director	$0	$0	$0
RAMIT GHOSH	SECRETARY	010.00	Officer Director	$0	$0	$0
SIDDHARTHA CHOWDHARY	DIRECTOR	010.00	Director	$0	$0	$0
HITENDRA GHOSH	DIRECTOR	002.00	Director	$0	$0	$0
RAJ S DAVE	DIRECTOR	002.00	Director	$0	$0	$0
RANJIT ADVANI	DIRECTOR	005.00	Director	$0	$0	$0
JAYASHREE SREENIVASAN	DIRECTOR	005.00	Director	$0	$0	$0
KANNAN SRINIVASAN	TREASURER	005.00	Officer Director	$0	$0	$0
KALPESH UPADHYE	DIRECTOR	002.00	Director	$0	$0	$0
ROBERT NATHAN	DIRECTOR	005.00	Director	$0	$0	$0
HIMANSHU VERMA	DIRECTOR	005.00	Director	$0	$0	$0
MANISH SARAF	DIRECTOR	005.00	Director	$0	$0	$0
NIRAJ GUPTA	DIRECTOR	002.00	Director	$0	$0	$0
HARSH PATEL	DIRECTOR	002.00	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	No data	No data	No data	No data
2023	$1,042,039	$374,859	$768,162	$667,180
2022	$12,375	$8,892	$75,982	$3,483
2021	$4,372	$8,121	$72,499	$-3,749
2020	$22	$2,343	$76,248	$-2,321
2019	$6,457	$7,492	$78,569	$-1,035
2018	$3,757	$9,231	$79,604	$-5,474

CAPITAL IIT ALUMNI ASSOCIATION INC