KHALSA UNIVERSITY

EIN: 811426103 501(c)(3) Education

BELLINGHAM, WA

Total Revenue
$203,250
Total Expenses
$225,820
Total Assets
$993,675
Net Assets
$481,914
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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
2019
Legal Domicile
WA
Principal Officer
MANJIT SINGH DHALIWAL
Tax Period
2023-01-01 to 2023-12-31

KHALSA UNIVERSITY, founded in 2019, is a small nonprofit in the Education sector that reported $203K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $226K exceeded revenue, resulting in a 11% operating deficit.

Mission

educate youth for higher educat medical sciences, engineering, economics, agricultural sciences fro highschool level to doctorate level

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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 (2023)

Revenue Breakdown

Contributions & Grants $185,250
Program Service Revenue $0
Investment Income $0
Other Revenue $18,000
TOTAL REVENUE $203,250

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $98,216
Other Expenses $225,820
TOTAL EXPENSES $225,820

Year-over-Year Comparison

2023 2022 Change
Revenue $203,250 $181,820 +0.1%
Expenses $225,820 $186,530 +0.2%
Net Income $-22,570 $-4,710 +3.8%
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
3
Independent Members
N/A
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MANJIT DHALIWA CHAIRMAN 2
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 $203,250 $225,820 $993,675 $-22,570
2022 $181,820 $186,530 $1,029,990 $-4,710
2021 $136,001 $207,445 $1,015,928 $-71,444
2020 $116,500 $151,689 $1,072,157 $-35,189
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