INDIA CURRENTS FOUNDATION

EIN: 833257703 501(c)(3) Education

SAN JOSE, CA

Total Revenue
$307,350
Total Expenses
$402,195
Total Assets
$169,298
Net Assets
$106,914
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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
2019
Legal Domicile
CA
Principal Officer
VANDANA KUMAR
Phone
4089131612
Tax Period
2024-01-01 to 2024-12-31

INDIA CURRENTS FOUNDATION, founded in 2019, is a small nonprofit in the Education sector that reported $307K in total revenue in fiscal year 2024. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $402K exceeded revenue, resulting in a 31% operating deficit.

Mission

ADVOCACY OF VOICES OF MINORITY COMMUNITIES, IN PARTICULAR THE SOUTH ASIAN POPULATION IN THE U.S. THROUGH ONLINE MEDIA AND DISTRIBUTING STORIES/CONTENT TO AND FROM ETHNIC & MINORITY COMMUNITIES

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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 (2024)

Revenue Breakdown

Contributions & Grants $307,350
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $307,350

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $32,740
Program Expenses $224,127
Other Expenses $402,195
TOTAL EXPENSES $402,195

Year-over-Year Comparison

2024 2023 Change
Revenue $307,350 $486,282 -0.4%
Expenses $402,195 $367,202 +0.1%
Net Income $-94,845 $119,080 -1.8%
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
5
Independent Members
5
Employees
N/A
Volunteers
3

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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Vandana Kumar CEO 40.00
$0 $0 $0
VIJAY RAJVAIDYA CFO 40.00
$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
2025 No data No data No data No data
2024 $307,350 $402,195 $169,298 $-94,845
2023 $486,282 $367,202 $234,228 $119,080
2022 $304,342 $248,402 $114,572 $55,940
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