SELECTIVA CHARITIES INC

EIN: 843104779 501(c)(3) Employment

SAN JOSE, CA

Total Revenue
$450,701
Total Expenses
$434,142
Total Assets
$144,398
Net Assets
$144,398
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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
2019
Legal Domicile
CA
Principal Officer
MILIND S GOKARN
Phone
4084259717
Tax Period
2024-01-01 to 2024-12-31

SELECTIVA CHARITIES INC, founded in 2019, is a small nonprofit in the Employment sector that reported $451K in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $434K left a modest 4% surplus.

Mission

EMPOWER INDIVIDUALS AND FAMILIES IN CRISIS THROUGH EDUCATION LITERACY CULTURAL PRESERVATION AND ESSENTIAL RELIEF EFFORTS

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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 $450,701
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $450,701

Expense Breakdown

Grants Paid $369,772
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $324,000
Other Expenses $64,370
TOTAL EXPENSES $434,142

Year-over-Year Comparison

2024 2023 Change
Revenue $450,701 $631,691 -0.3%
Expenses $434,142 $676,573 -0.4%
Net Income $16,559 $-44,882 -1.4%
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
3
Independent Members
3
Employees
N/A
Volunteers
24

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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MILIND S GOKARN EXEC DIRECTOR 0.00
Officer Director
$0 $0 $0
SAVINDER SINGH DIRECTOR 0.00
Director
$0 $0 $0
ARCHANA M GOKARN SECRETARY 0.00
Officer
$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
2024 $450,701 $434,142 $144,398 $16,559
2023 $631,691 $676,573 $127,839 $-44,882
2022 $609,166 $673,706 $172,721 $-64,540
2021 $245,092 $144,994 $237,262 $100,098
2020 $281,724 $157,151 $141,864 $124,573
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