Magar Association USA Inc

EIN: 841655629 501(c)(3) International Affairs

Woodside, NY

Total Revenue
$180,859
Total Expenses
$151,387
Total Assets
$154,955
Net Assets
$154,955
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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
2004
Legal Domicile
NY
Phone
9175964810
Tax Period
2024-08-01 to 2025-07-31

Magar Association USA Inc, founded in 2004, is a small nonprofit in the International Affairs sector that reported $181K in total revenue in fiscal year 2024. The organization ran a surplus of $29K, a strong 16% operating margin.

Mission

Creating a sense of shared responsibilities towards the Magar Community in USA. And help humanitarian crisis worldwide.

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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 $180,859
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $180,859

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $126,199
Other Expenses $25,188
TOTAL EXPENSES $151,387

Year-over-Year Comparison

2024 2023 Change
Revenue $180,859 $182,695 0.0%
Expenses $151,387 $108,741 +0.4%
Net Income $29,472 $73,954 -0.6%
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
19
Independent Members
441
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
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Deep K Budha Magar President 5.00
Director
$0 $0 $0
Bhuwan Singh Ale Magar Senior Vice- president 4.00
Director
$0 $0 $0
Chetan Budha Magar Vice-president Easten Region 2.00
Director
$0 $0 $0
Jai B Rana Magar Vice-president Central Region 2.00
Director
$0 $0 $0
Krishna K Thapa Magar Vice-president westen Region 2.00
Director
$0 $0 $0
Rajendra Budha Magar Vice-president Linguistic 2.00
Director
$0 $0 $0
Kalpana Pun Magar Vice-president Women 2.00
$0 $0 $0
Kesh B Pun Magar General Secretary 3.00
Director
$0 $0 $0
Kamal B saru Magar Secretary 3.00
Director
$0 $0 $0
Dipendra Ale Magar Secretary 3.00
Director
$0 $0 $0
Yam K Thapa Magar Treasurer 3.00
Director
$0 $0 $0
Sital Pun Magar Joint-Treasurer 3.00
Director
$0 $0 $0
Kamala Thapa Saru Magar Board Member 3.00
Director
$0 $0 $0
Padam Rana Magar Board Member 3.00
Director
$0 $0 $0
Khim B Roka Magar Board Member 3.00
Director
$0 $0 $0
Prem Rana Magar Board Member 3.00
Director
$0 $0 $0
Kisham Lal Thapa Magar Board Member 3.00
Director
$0 $0 $0
Ranjana K Pun Magar Board Member 3.00
Director
$0 $0 $0
Kauda Budha Magar Board Member 3.00
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
2025 $180,859 $151,387 $154,955 $29,472
2024 $182,695 $108,741 No data $73,954
2023 $97,213 $62,166 $52,388 $35,047
2022 $83,052 $79,421 $47,909 $3,631
2021 $92,120 $55,701 $44,279 $36,419
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