KHALSA FOUNDATION (EIN 825095017) - 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

Principal Officer

GURBEER SANGHA

Tax Period

2024-01-01 to 2024-12-31

KHALSA FOUNDATION, founded in 2018, is a small nonprofit in the Religion sector that reported $524K in total revenue in fiscal year 2024. The organization ran a surplus of $301K, a strong 58% operating margin.

Mission

KHALSA FOUNDATION CALIFORNIA SEEKS TO EMPOWER AND ADVOCATE FOR THE SIKH AND PUNJABI COMMUNITIES IN THE UNITED STATES, FOSTERING A SENSE OF BELONGING AND PROMOTING HOLISTIC WELL-BEING THROUGH THE SIKH WAY OF BEING. WE STRIVE TO BUILD A SUPPORTIVE COMMUNITY THAT PRIORITIZES SPIRITUAL GROWTH, BODILY, MENTAL AND PHYSICAL HEALTH, AND COMMUNITY WELL-BEING, CELEBRATING OUR RICH CULTURAL HERITAGE WHILE ADDRESSING THE UNIQUE CHALLENGES WE FACE.

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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 $509,417

Program Service Revenue $14,219

Investment Income $0

Other Revenue $0

TOTAL REVENUE $523,636

Expense Breakdown

Grants Paid $0

Salaries & Benefits $100,928

Fundraising Expenses $0

Program Expenses $208,080

Other Expenses $121,353

TOTAL EXPENSES $222,281

Year-over-Year Comparison

	2024	2023	Change
Revenue	$523,636	N/A	N/A
Expenses	$222,281	N/A	N/A
Net Income	$301,355	N/A	N/A

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

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
PRABHLEEN KAUR	DIRECTOR	5.00	Director	$0	$0	$0
GURBEER SANGHA	PRESIDENT	20.00	Officer Director	$0	$0	$0
HARONDEEP SINGH	DIRECTOR	5.00	Director	$0	$0	$0
SUNEET KAUR SINGH	TREASURER	5.00	Officer Director	$0	$0	$0
VIKRAM SINGH	SECRETARY	5.00	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
2024	$523,636	$222,281	$342,478	$301,355

KHALSA FOUNDATION