Maker Bhavan Foundation (EIN 822933252) - Form 990 Financial Analysis & Trantor Score

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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

Subhash Tantry

Phone

6503466300

Tax Period

2024-01-01 to 2024-12-31

Maker Bhavan Foundation, founded in 2017, is a small nonprofit in the Education sector that reported $941K in total revenue in fiscal year 2024. Revenue surged 56% from the prior year, signaling strong growth momentum. The organization ran a surplus of $293K, a strong 31% operating margin.

Mission

To enable Stem Education in India to train students to be innovative and job-ready upon graduation. The foundation acts as a global resource for Indian engineering colleges to provide access to tools, equipment, financial resources, and knowledge so that the education imparted is more relevant and responsive to the real life needs of students and society at large.

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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 (2024)

Revenue Breakdown

Contributions & Grants $925,181

Program Service Revenue $0

Investment Income $15,665

Other Revenue $0

TOTAL REVENUE $940,846

Expense Breakdown

Grants Paid $512,089

Salaries & Benefits $67,775

Fundraising Expenses $27,360

Program Expenses $512,089

Other Expenses $68,361

TOTAL EXPENSES $648,225

Year-over-Year Comparison

	2024	2023	Change
Revenue	$940,846	$602,283	+0.6%
Expenses	$648,225	$497,259	+0.3%
Net Income	$292,621	$105,024	+1.8%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
Subhash Tantry	Treasurer	2.00	Officer Director	$0	$0	$0
ruyintan Mehta	President	1.00	Officer Director	$0	$0	$0
dr hemant Kanakia	Chairman	1.00	Officer Director	$0	$0	$0
Ashish Vengsarkar	Secretary	1.00	Director	$0	$0	$0
ajay lavakare	Director	1.00	Director	$0	$0	$0
dr Ranbir Singh	Director	1.00	Director	$0	$0	$0
paula mariwala	Director	1.00	Director	$0	$0	$0
Dr Ravi Mariwala	Director	1.00	Director	$0	$0	$0
sudarshan saraf	Director	1.00	Director	$0	$0	$0
shaibal roy	Director	1.00	Director	$0	$0	$0
Dr Timothy Gonsalves	Director	1.00	Director	$0	$0	$0
kirat Patel	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
2025	No data	No data	No data	No data
2024	$940,846	$648,225	$639,503	$292,621
2023	$602,283	$497,259	$348,467	$105,024
2022	$478,917	$712,334	$246,428	$-233,417
2021	$1,129,012	$688,150	$475,275	$440,862
2020	$549,026	$554,621	$34,413	$-5,595

Maker Bhavan Foundation