CHARITY FOR IMPOVERISHED INC

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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

2017

Legal Domicile

Principal Officer

ASHOK GOYAL PRESIDENT

Phone

2023743599

Tax Period

2025-01-01 to 2025-12-31

CHARITY FOR IMPOVERISHED INC, founded in 2017, is a small nonprofit in the Human Services sector that reported $100K in total revenue in fiscal year 2025. Expenses of $256K exceeded revenue, resulting in a 156% operating deficit.

Mission

FOOD CLOTHING AND MEDICINE FOR THE POOR AND THE NEEDY. THE ORGANIZATION EXTENDS HELPING HAND TO THE POOR AND THE NEEDY TO ATTAIN THESE BASIC NECESSITIES.

Program Service Accomplishments

Program 1

Expenses: $256,389 Revenue: $95,000

ORGANIZED FOOD CAMPS AND CLOTHE DRIVES AND SUPPORTED MEDICAL CAMPS AND CONDUCTED SCHOOL LUNCH PROGRAMS. HOLIDAY CELEBRATIONS AND CAMPS FOR UNDERPRIVILEGED WERE CONDUCTED IN DIFFERENT PLACES IN THE...

ORGANIZED FOOD CAMPS AND CLOTHE DRIVES AND SUPPORTED MEDICAL CAMPS AND CONDUCTED SCHOOL LUNCH PROGRAMS. HOLIDAY CELEBRATIONS AND CAMPS FOR UNDERPRIVILEGED WERE CONDUCTED IN DIFFERENT PLACES IN THE COUNTRY. SUPPORTED RED CROSS AND OTHER ORGANIZATIONS IN CONDUCTING MEDICAL CAMPS AND EXTENDED SUPPORT TO THE CHARITY WORK OF DIFFERENT 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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $95,000

Program Service Revenue $0

Investment Income $5,197

Other Revenue $0

TOTAL REVENUE $100,197

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $256,389

Other Expenses $256,389

TOTAL EXPENSES $256,389

Year-over-Year Comparison

	2025	2024	Change
Revenue	$100,197	$100,197	N/A
Expenses	$256,389	N/A	N/A
Net Income	$-156,192	$100,197	-2.6%

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
ASHOK GOYAL	PRESIDENT	25.00	Officer	$0	$0	$0
ASHWIN GOYAL	SECRETARY	20.00	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
2025	$100,197	$256,389	$34,584	$-156,192
2024	No data	No data	No data	No data
2023	$225,783	$205,669	$64,556	$20,114