EXCELLENCE INITIATIVE (EIN 831718168) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

RAJEEV AGARWAL

Phone

4254448808

Tax Period

2022-01-01 to 2022-12-31

EXCELLENCE INITIATIVE, founded in 2018, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $31.5M in total revenue in fiscal year 2022. Revenue surged 237% from the prior year, signaling strong growth momentum. The organization ran a surplus of $31.3M, a strong 99% operating margin.

Mission

TO PROMOTE EXCELLENCE IN ARTS, SCIENCE, EDUCATION AND CULTURE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $31,155,414

Program Service Revenue $0

Investment Income $393,584

Other Revenue $0

TOTAL REVENUE $31,548,998

Expense Breakdown

Grants Paid $185,313

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $185,313

Other Expenses $59,968

TOTAL EXPENSES $245,281

Year-over-Year Comparison

	2022	2021	Change
Revenue	$31,548,998	$9,371,286	+2.4%
Expenses	$245,281	$377,799	-0.4%
Net Income	$31,303,717	$8,993,487	+2.5%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
RAJEEV AGARWAL	PRESIDENT & TREASURER	2.00	Officer Director	$0	$0	$0
ARPITA AGARWAL	DIRECTOR	2.00	Director	$0	$0	$0
JAY BENSAL	DIRECTOR	1.00	Director	$0	$0	$0
SHELLY BENSAL	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
2022	$31,548,998	$245,281	$53,595,801	$31,303,717
2021	$9,371,286	$377,799	$22,292,084	$8,993,487
2020	$7,893,454	$39,429	$13,298,597	$7,854,025

EXCELLENCE INITIATIVE