UNITY SME INC

EIN: 814237534 501(c)(3) Philanthropy & Grantmaking

SCOTCH PLAINS, NJ

Total Revenue
$116,137
Total Expenses
$102,692
Total Assets
$47,470
Net Assets
$40,143
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
NJ
Principal Officer
ARPITA JOSHI
Phone
6468972986
Tax Period
2019-01-01 to 2019-12-31

UNITY SME INC, founded in 2016, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $116K in total revenue in fiscal year 2019. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $103K left a modest 12% surplus.

Mission

IT IS THE MISSION, DUTY AND PURPOSE OF UNITY SME, INC. TO EDUCATE ALL PEOPLE ON THE IMPORTANCE OF SOCIAL RESPONSIBILITY AND THAT BEING A PART OF THIS WORLD COMES WITH THE RESPONSIBILITY TO CARE FOR ONE ANOTHER. IT IS OUR DUTY TO EMPOWER ALL MEN, ALL WOMEN AND CHILDREN BY CURATING AND CREATING PROGRAMS THAT ALLOW THIS TO BE DONE IN A SEAMLESS, FUN AND REWARDING WAY. IT IS OUR DUTY TO EDUCATE SOCIETY THAT BEING ABLE TO PROVIDE TO OTHERS DURING TIMES OF TRIBULATION SHOULD BE AN OBLIGATION AND NOT AN OPTION.SOCIAL RESPONSIBILITY AND THAT BEING A PART OF THIS WORLD COMES WITH THE RESPONSIBILITY TO CARE FOR ONE ANOTHER. IT IS OUR DUTY TO EMPOWER ALL MEN, ALL WOMEN AND CHILDREN BY CURATING AND CREATING PROGRAMS THAT ALLOW THIS TO BE DONE IN A SEAMLESS, FUN AND REWARDING WAY. IT IS OUR DUTY TO EDUCATE SOCIETY THAT BEING ABLE TO PROVIDE TO OTHERS DURING TIMES OF TRIBULATION SHOULD BE AN OBLIGATION AND NOT AN OPTION.

Program Service Accomplishments

Program 1
Expenses: $91,647 Revenue: $90,472

UNITY SME, INC PROVIDES EDUCATION ON THE IMPORTANCE OF SOCIAL RESPONSIBILITY THROUGH THE CREATION OF EVENTS SUCH AS "HOLIDAY ALLSTARS" TOY DRIVES. THESE EVENTS FOCUS ON EDUCATING CHILDREN ON THEIR...

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UNITY SME, INC PROVIDES EDUCATION ON THE IMPORTANCE OF SOCIAL RESPONSIBILITY THROUGH THE CREATION OF EVENTS SUCH AS "HOLIDAY ALLSTARS" TOY DRIVES. THESE EVENTS FOCUS ON EDUCATING CHILDREN ON THEIR SOCIAL RESPONSIBILITY AND THAT GIVING BACK TO THEIR COMMUNITY IS FUN. WE ENCOURAGE CHILDREN TO BRING TOYS TO OUR EVENT SO THEY CAN GIFT-WRAP THE TOYS AND DONATE THEM TO OTHER ORGANIZATIONS AND GROUPS THAT DISTRIBUTE THEM TO CHILDREN AND FAMILIES IN NEED. WE PROVIDE WRAPPING PAPER AND SUPPLIES AND OUR VOLUNTEERS HELP THE CHILDREN WRAP THESE PRESENTS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $116,137
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $116,137

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $91,647
Other Expenses $102,692
TOTAL EXPENSES $102,692

Year-over-Year Comparison

2019 2018 Change
Revenue $116,137 $106,084 +0.1%
Expenses $102,692 $93,735 +0.1%
Net Income $13,445 $12,349 +0.1%
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

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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
6
Independent Members
6
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
4
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EKATA DOSHI TRUSTEE 5.00
Director
$0 $0 $0
NINFA MEHTA TRUSTEE 5.00
Director
$0 $0 $0
ARPITA JOSHI TREASURER 8.00
Officer
$0 $0 $0
SAPANA PATEL PRESIDENT 8.00
Officer
$0 $0 $0
MEETA KALAWADIA VICE-PRESIDENT 5.00
Officer
$0 $0 $0
DEEPALI PATEL SECRETARY 8.00
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
2019 $116,137 $102,692 $47,470 $13,445
2018 $106,084 $93,735 $36,504 $12,349
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