OLD SANAWARIANS OF NORTH AMERICA EASTERN REGION

EIN: 833326578 501(c)(3)

CHESTNUT HILL, MA

Total Revenue
$63,387
Total Expenses
$28,414
Total Assets
$34,973
Net Assets
$34,973
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
MA
Principal Officer
KUMKUM S BHASIN
Phone
3102832723
Tax Period
2019-01-01 to 2019-12-31

OLD SANAWARIANS OF NORTH AMERICA EASTERN REGION, founded in 2019, is a micro nonprofit that reported $63K in total revenue in fiscal year 2019. The organization ran a surplus of $35K, a strong 55% operating margin.

Mission

TO SUPPORT THE LAWRENCE SCHOOL SANAWAR (SIMLA HILLS) IN INDIA THAT ENCOURAGES THE DEVELOPMENT OF STUDENTS WHO ARE COMPETENT, CREATIVE, CONFIDENT AND HAVE CHARACTER. THE ENVIRONMENT AT THE SCHOOL FOSTERS DIVERSITY AND SUSTAINABILITY. THESE STUDENTS WILL BE LEADERS NOT ONLY IN INDIA BUT GLOBALLY AND WILL CONTRIBUTE TOWARDS JUSTICE, PROSPERITY, AND SUSTAINABILITY IN INDIA AND AROUND THE WORLD. THIS ORGANIZATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, OR THE CORRESPONDING SEC TION OF ANY FUTURE FEDERAL TAX CODE. TO CARRY ON ANY OTHER CHARITABLE OR EDUCATIONAL ACTIVITY (WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND THE REGULATIONS THEREUNDER, AS AMENDED FROM TIME TO TI ME THAT IS CONSISTENT WITH OTHER PROVISIONS OF THESE ARTICLES AND THAT MAY BE LAWFUL

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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 (2019)

Revenue Breakdown

Contributions & Grants $63,387
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $63,387

Expense Breakdown

Grants Paid $11,200
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $24,003
Other Expenses $17,214
TOTAL EXPENSES $28,414

Year-over-Year Comparison

2019 2018 Change
Revenue $63,387 N/A N/A
Expenses $28,414 N/A N/A
Net Income $34,973 N/A N/A
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
30

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
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KUMKUM S BHASIN PRESIDENT 0.10
Officer Director
$0 $0 $0
SUNIL VERMA TREASURER 0.10
Officer Director
$0 $0 $0
BHANU VIRMANI CLERK 0.10
Officer Director
$0 $0 $0
RUPINDER SIDHU DIRECTOR 0.10
Officer Director
$0 $0 $0
HARVEEN S MANN PRESIDENT ELECT 0.10
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
2019 $63,387 $28,414 $34,973 $34,973
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