SITARE FOUNDATION (EIN 825003065) - 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

2018

Legal Domicile

Principal Officer

SHILPA SINGHAL

Phone

6503055721

Tax Period

2023-01-01 to 2023-12-31

SITARE FOUNDATION, founded in 2018, is a community nonprofit in the International Affairs sector that reported $4.1M in total revenue in fiscal year 2023. Revenue surged 60% from the prior year, signaling strong growth momentum. Net assets of $22.1M represent 65 months of operating reserves.

Mission

TO PROVIDE HIGH-QUALITY EDUCATION TO UNDERPRIVILEGED CHILDREN IN INDIA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,965,674

Program Service Revenue $0

Investment Income $89,796

Other Revenue $0

TOTAL REVENUE $4,055,470

Expense Breakdown

Grants Paid $3,605,673

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,669,999

Other Expenses $470,794

TOTAL EXPENSES $4,076,467

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,055,470	$2,529,553	+0.6%
Expenses	$4,076,467	$1,414,108	+1.9%
Net Income	$-20,997	$1,115,445	-1.0%

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
SHILPA SINGHAL	PRESIDENT	10.00	Officer	$0	$0	$0
PANDURANG NAYAK	CFO	2.00	Officer	$0	$0	$0
AMITABH K SINGHAL	SECRETARY	10.00	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
2024	No data	No data	No data	No data
2023	$4,055,470	$4,076,467	$27,303,457	$-20,997
2022	$3,828,463	$1,414,108	$22,071,641	$2,414,355
2021	$2,923,884	$1,508,605	$29,674,432	$1,415,279
2020	$17,104,030	$547,365	$17,262,456	$16,556,665

SITARE FOUNDATION