DIVINE LIGHT WORLD INC

EIN: 832057208 501(c)(3) Arts, Culture & Humanities

QUEENS VILLAGE, NY

Total Revenue
$195,378
Total Expenses
$48,468
Total Assets
$588,622
Net Assets
$565,068
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
NY
Principal Officer
HARDIK SEVAK
Phone
9173227799
Tax Period
2023-01-01 to 2023-12-31

DIVINE LIGHT WORLD INC, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $195K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. The organization ran a surplus of $147K, a strong 75% operating margin.

Mission

TO PROMOTE SOCIAL AND MORAL DEVELOPMENT, AND INDIAN CULTURE THROUGH ART, MUSIC AND DANCE

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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 $195,378
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $195,378

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $47,355
Other Expenses $48,468
TOTAL EXPENSES $48,468

Year-over-Year Comparison

2023 2022 Change
Revenue $195,378 $231,340 -0.2%
Expenses $48,468 $34,814 +0.4%
Net Income $146,910 $196,526 -0.3%
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HARDIK SEVAK PRESIDENT 20.00
Officer
$0 $0 $0
VINAY CHODHA TREASURER 5.00
Officer
$0 $0 $0
BALJIT SINGH 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 $195,378 $48,468 $588,622 $146,910
2022 $231,340 $34,814 $443,305 $196,526
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