SPREAD THE JOY INC

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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

SHALINI SAMTANI

Phone

7327423016

Tax Period

2024-01-01 to 2024-12-31

SPREAD THE JOY INC, founded in 2018, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $156K in total revenue in fiscal year 2024. Revenue fell 59% from the prior year — a significant decline worth monitoring. Expenses of $235K exceeded revenue, resulting in a 51% operating deficit.

Mission

TO DONATE "JOY BOXES" TO PEDIATRIC PATIENTS.

Program Service Accomplishments

Program 1

Expenses: $235,453 Revenue: $181,885

ORGANIZATION RAISED FUNDS AND CREATED "JOY BOXES" TO GIVE TO PEDIATRIC PATIENTS. THE BOXES HELP ALLEVIATE SOME OF THE STRESS ASSOCIATED WITH PEDIATRIC HOSPITALIZATION.

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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 $181,885

Program Service Revenue $0

Investment Income $10,384

Other Revenue $-35,950

TOTAL REVENUE $156,319

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $235,453

Other Expenses $235,453

TOTAL EXPENSES $235,453

Year-over-Year Comparison

	2024	2023	Change
Revenue	$156,319	$383,611	-0.6%
Expenses	$235,453	$245,964	0.0%
Net Income	$-79,134	$137,647	-1.6%

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
SHALINI SAMTANI	PRESIDENT	5.00	Director	$0	$0	$0
AMIT RAUT	TREASURER	1.00	Director	$0	$0	$0
EDISON LEE	CREATIVE DIRECTOR	2.00	Officer	$0	$0	$0
DINESH MELWANI	LEGAL DIRECTOR	1.00	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	$156,319	$235,453	$451,023	$-79,134
2023	$383,611	$245,964	$529,413	$137,647
2022	$427,210	$121,075	$447,713	$306,135