Magar Association USA Inc

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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

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.

Program Service Accomplishments

Program 1

Expenses: $33,942 Revenue: $7,086

Annual progarm for all members general meeting.

Program 2

Expenses: $84,074 Revenue: $150,973

Artist Award Maghe Sankranti festival Deusi Bhailo Program Summer Picnic Program Maghe Sakranti Program Teej Festival Printer & Design

Program 3

Expenses: $8,183 Revenue: $22,801

Scholorship for needy students Other various community based programs

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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%)

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

Governance

Voting Members

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

Total Directors

Key Employees

Highest Compensated

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