MERRY LIFE SOCIETY

EIN: 823375679 501(c)(3) Philanthropy & Grantmaking

Fremont, CA

Total Revenue
$152,594
Total Expenses
$101,263
Total Assets
$95,506
Net Assets
$95,506
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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
CA
Principal Officer
Sivaji Adurthy
Phone
4085070996
Tax Period
2021-01-01 to 2021-12-31

MERRY LIFE SOCIETY, founded in 2017, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $153K in total revenue in fiscal year 2021. Revenue surged 82% from the prior year, signaling strong growth momentum. The organization ran a surplus of $51K, a strong 34% operating margin.

Mission

Help & aid economically poor and underprivileged disabled members of society by providing food, shelter, education etc

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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 (2021)

Revenue Breakdown

Contributions & Grants $152,588
Program Service Revenue $0
Investment Income $6
Other Revenue $0
TOTAL REVENUE $152,594

Expense Breakdown

Grants Paid $100,887
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $101,263
Other Expenses $376
TOTAL EXPENSES $101,263

Year-over-Year Comparison

2021 2020 Change
Revenue $152,594 $84,025 +0.8%
Expenses $101,263 $140,749 -0.3%
Net Income $51,331 $-56,724 -1.9%
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
6
Independent Members
6
Employees
N/A
Volunteers
6

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sivaji Adurthy CEO 2
Officer Director
$0 $0 $0
RAMPRASADA SRIPADA Secretary 1
Officer Director
$0 $0 $0
ASHOK MURTHY CFO 3
Officer 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
2021 $152,594 $101,263 $95,506 $51,331
2020 $84,025 $140,749 $44,175 $-56,724
2019 $330,297 $258,533 $100,899 $71,764
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