GODKAR-DAVE FOUNDATION

EIN: 832212609 501(c)(3) Education

CEDAR KNOLLS, NJ

Total Revenue
$12,878
Total Expenses
$7,637
Total Assets
$251,269
Net Assets
$251,269
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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
NJ
Principal Officer
DARSHAN GODKAR
Phone
7184516805
Tax Period
2023-01-01 to 2023-12-31

GODKAR-DAVE FOUNDATION, founded in 2018, is a micro nonprofit in the Education sector that reported $13K in total revenue in fiscal year 2023. Revenue fell 51% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $5K, a strong 41% operating margin.

Mission

FUND RAISING ACTIVITIES TO SUPPORT EDUCATIONAL AND CHARITABLE CAUSES.

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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 $0
Program Service Revenue $0
Investment Income $12,878
Other Revenue $0
TOTAL REVENUE $12,878

Expense Breakdown

Grants Paid $2,881
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,881
Other Expenses $4,756
TOTAL EXPENSES $7,637

Year-over-Year Comparison

2023 2022 Change
Revenue $12,878 $26,050 -0.5%
Expenses $7,637 $37,635 -0.8%
Net Income $5,241 $-11,585 -1.5%
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DARSHAN GODKAR TRUSTEE 1.00
Director
$0 $0 $0
PUSHKAR GODKAR TRUSTEE 1.00
Director
$0 $0 $0
BIJAL DAVE TRUSTEE 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
2024 No data No data No data No data
2023 $12,878 $7,637 $251,269 $5,241
2022 $26,050 $37,635 $243,078 $-11,585
2021 $268,551 $143,414 $246,674 $125,137
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