KARYA KARES (EIN 832102555) - 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

PRASHANT SHENOY

Phone

3465713324

Tax Period

2023-01-01 to 2023-12-31

KARYA KARES, founded in 2018, is a small nonprofit in the International Affairs sector that reported $141K in total revenue in fiscal year 2023. Revenue fell 79% from the prior year — a significant decline worth monitoring. Expenses of $445K exceeded revenue, resulting in a 216% operating deficit.

Mission

TO PROVIDE EDUCATIONAL, HEALTH AND BASIC HOUSING ASSISTANCE TO UNDER PRIVILEDGED INDIVIDUALS.

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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 $130,163

Program Service Revenue $0

Investment Income $0

Other Revenue $10,856

TOTAL REVENUE $141,019

Expense Breakdown

Grants Paid $63,645

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $443,753

Other Expenses $381,774

TOTAL EXPENSES $445,419

Year-over-Year Comparison

	2023	2022	Change
Revenue	$141,019	$657,784	-0.8%
Expenses	$445,419	$759,523	-0.4%
Net Income	$-304,400	$-101,739	+2.0%

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
PRASHANT KOTHARI	DIRECTOR	2.00	Officer Director	$0	$0	$0
DEEPIKA VERMA	DIRECTOR	2.00	Officer Director	$0	$0	$0
SWAPNIL AGARWAL	DIRECTOR	0.00	Officer Director	$0	$0	$0
PRASHANT SHENOY	DIRECTOR	0.00	Officer Director	$0	$0	$0
FAISAL VELLANI	DIRECTOR	0.00	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	No data	No data	No data	No data
2023	$141,019	$445,419	$195,869	$-304,400
2022	$657,784	$759,523	$118,008	$-101,739
2021	$339,493	$480,661	$175,920	$-141,168
2020	$749,643	$861,174	$292,261	$-111,531
2019	$1,021,853	$1,008,020	$588,933	$13,833
2018	$354,511	$29,414	$326,919	$325,097

KARYA KARES