San Jose, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Saloni Heart Foundation, founded in 2019, is a small nonprofit in the Health Care sector that reported $221K in total revenue in fiscal year 2023. Revenue surged 78% from the prior year, signaling strong growth momentum. The organization ran a surplus of $156K, a strong 70% operating margin.
Improve the quality of medical care by facilitating access tomedical resources and information: launched the first phaseof a Saloni Heart Center, Excellence in Childrens Heart Care,India
Mission 1- Improve the quality of medical care by facilitating access to medical resources, information, medical training, medical missions research and capacity development. Saloni Heart Foundation...
Mission 1- Improve the quality of medical care by facilitating access to medical resources, information, medical training, medical missions research and capacity development. Saloni Heart Foundation (SHF) facilitated the first phase of center for excellence in pediatric cardiac health care in collaboration with Sanjay Gandhi Post Graduate Institute of Medical Science Lucknow, India (a Government of India Entity), called Saloni Heart Center (SHC), Excellence in Childrens Heart Care. In Sep 2023 SHF contributed towards initiating a small unit (36 bed), later that will expand to 200 beds. This center will treat children, train and teach medical staff, and give opportunity for research and development. At full capacity it will perform 5,000 life saving surgeries, 10,000 medical management each year and train 1,500 new medical professionals. This will be the worlds largest pediatric cardiac health center, to serve the children of the world. Mission :2 Facilitate in providing free unbiased consultation from the worlds top doctors to families of children born with complex heart conditions. In 2023 total 8000+ number of patients contacted us through advertisements, website social media ads. We provided free & unbiased second opinion, financial aid guidance, and patient advocacy to 600+ Mission # 3 Advance educational opportunities for students in the field of medicine through scholarship grants: 14 economically underprivileged college students studying medicine. New program : To perform heart surgeries on children - funding cost of surgery. During 2023 we supported the cost of heart surgeries, saving lives of 5 underprivileged children with Congenital Heart Disease.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $221,250 | $124,313 | +0.8% |
| Expenses | $65,654 | $36,555 | +0.8% |
| Net Income | $155,596 | $87,758 | +0.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Shuchi Sarkar | BOD & Marketing Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Himanshu Seth | Executive Chairman and BOD | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mrinalini Seth | Director & President | 30.00 |
Officer
Director
|
$0 | $0 | $0 |
| Varun Gariney | Treasurer | 1.00 |
Officer
|
$0 | $0 | $0 |
| Girish Badola | Secretary | 2.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $221,250 | $65,654 | $344,902 | $155,596 |
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