VEDIC PRESERVATION INITIATIVE CHHABRA

EIN: 824324524 501(c)(3) Arts, Culture & Humanities

YPSILANTI, MI

Total Revenue
$147,960
Total Expenses
$136,541
Total Assets
$530,295
Net Assets
$107,878
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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
2018
Legal Domicile
MI
Principal Officer
SIDHARTH CHHABRA
Phone
7343532914
Tax Period
2023-05-01 to 2024-04-30

VEDIC PRESERVATION INITIATIVE CHHABRA, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $148K in total revenue in fiscal year 2023. Revenue fell 65% from the prior year — a significant decline worth monitoring. Expenses of $137K left a modest 8% surplus.

Mission

MAINTENED A WEBSITE TO DOCUMENT AND PRESENT OUR RESEARCH, POPULAR VEDIC POPULARVEDICSCIENCE.COM. ADDED 200 NEW ARTICLES AND THE WEBSITE IS NOW A TOP RANKING SITE

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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 $146,403
Program Service Revenue $0
Investment Income $1,557
Other Revenue $0
TOTAL REVENUE $147,960

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $136,541
Other Expenses $136,541
TOTAL EXPENSES $136,541

Year-over-Year Comparison

2023 2022 Change
Revenue $147,960 $427,891 -0.7%
Expenses $136,541 $389,344 -0.6%
Net Income $11,419 $38,547 -0.7%
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
3
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
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KARTHIK KRISHNA DIRECTOR N/A
Director
$0 $0 $0
DEVIN O'ROURKE PRESIDENT,SE N/A
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 $147,960 $136,541 $530,295 $11,419
2023 $427,891 $389,344 $376,007 $38,547
2022 $420,339 $386,501 $341,072 $33,838
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