SHETH GLOBAL FOUNDATION INC

EIN: 834222626 501(c)(3) Philanthropy & Grantmaking

ATLANTA, GA

Total Revenue
$169,507
Total Expenses
$222,113
Total Assets
$6,433,419
Net Assets
$6,388,419
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
GA
Principal Officer
DOUG BOWMAN
Phone
4046885525
Tax Period
2023-01-01 to 2023-12-31

SHETH GLOBAL FOUNDATION INC, founded in 2019, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $170K in total revenue in fiscal year 2023. Revenue fell 79% from the prior year — a significant decline worth monitoring. Expenses of $222K exceeded revenue, resulting in a 31% operating deficit.

Mission

THE MISSION OF THE SHETH GLOBAL FOUNDATION IS TO CARRY OUT THE PURPOSES OF THE COMMUNITY FOUNDATION FOR GREATER ATLANTA. THIS WILL BE ACCOMPLISHED BY TWO DIVISIONS SHETH EDUCATION FOUNDATION AND SHETH FOUNDATION TO PROMOTE THE DEVELOPMENT OF MARKETING SCHOLARSHIP BY FOCUSING ON THREE AREAS:- KNOWLEDGE CREATION: THE GENERATION OF NEW MARKETING INSIGHTS AND SCHOLARSHIP- KNOWLEDGE RECOGNITION: INCLUDES AWARDS, GRANTS AND OTHER ACTIVITIES DESIGNED TO EXPRESS APPRECIATION AND ELEVATE THE CONTRIBUTIONS OF INDIVIDUAL ACADEMICS- KNOWLEDGE DISSEMINATION: THE COMMUNICATION OR DISTRIBUTION OF INSIGHTS ON NEW AND EMERGING MARKETING TOPICS WITHIN THE FIELD OF MARKETING AND BUSINESSTHE SHETH FOUNDATION SUPPORTS VARIOUS ORGANIZATIONS, AWARDS AND EVENTS THAT FULFILL THESE GOALS.

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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 $169,507
Other Revenue $0
TOTAL REVENUE $169,507

Expense Breakdown

Grants Paid $176,115
Salaries & Benefits $5,000
Fundraising Expenses $0
Program Expenses $176,115
Other Expenses $40,998
TOTAL EXPENSES $222,113

Year-over-Year Comparison

2023 2022 Change
Revenue $169,507 $800,000 -0.8%
Expenses $222,113 $145,894 +0.5%
Net Income $-52,606 $654,106 -1.1%
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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Governance

Voting Members
5
Independent Members
4
Employees
N/A
Volunteers
4

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
5
$5,000
Total Directors
5
$112,534
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALISON L O'CARROLL DIRECTOR 1.00
Director
$0 $9,339 $112,534
JAGDISH N SHETH PRESIDENT 1.00
Officer Director
$0 $0 $0
KEN BERNHARDT VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
RAJEN SHETH VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
DOUG BOWMAN TREASURER 1.00
Officer Director
$0 $0 $0
LAURA HILADO EXECUTIVE DIRECTOR 10.00
Officer
$5,000 $0 $5,000
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 $169,507 $222,113 $6,433,419 $-52,606
2022 $800,000 $145,894 $6,005,432 $654,106
2021 $572,200 $277,968 $6,287,731 $294,232
2020 $450,000 $99,043 $5,698,469 $350,957
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