SEVA CHARITIES (EIN 843661147) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

HARESH V PATEL

Phone

9727560390

Tax Period

2023-01-01 to 2023-12-31

SEVA CHARITIES, founded in 2019, is a micro nonprofit in the Housing & Shelter sector that reported $14K in total revenue in fiscal year 2023. Revenue fell 97% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $12K, a strong 82% operating margin.

Mission

THE CORPORATION IS ORGANIZED TO (I) CONSTRUCT, RENOVATE, DEVELOP, MANAGE, AND PROVIDE ALL OTHER SERVICES NECESSARY OR DESIRABLE TO PROMOTE, PROVIDE, CONSTRUCT, OR DEVELOP HOUSING FOR THE POOR, HANDICAPPED,AND/OR PERSONS AGE 55 OR OLDER, AND (II) TO PROMOTE AND FOSTER THE TEACHINGS, PRACTICES, AND PRINCIPLES OF THE AKSHAR PURUSHOTTAM SWAMINARAYAN DENOMINATION OF THE HINDU RELIGION AS REVEALED BY BHAGWAN SWAMINARAYAN.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,000

Program Service Revenue $0

Investment Income $13,310

Other Revenue $0

TOTAL REVENUE $14,310

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $2,615

TOTAL EXPENSES $2,615

Year-over-Year Comparison

	2023	2022	Change
Revenue	$14,310	$500,841	-1.0%
Expenses	$2,615	$150	+16.4%
Net Income	$11,695	$500,691	-1.0%

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

Employees

N/A

Volunteers

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
HARESH V PATEL	PRESIDENT/DIRECTOR	0.10	Officer Director	$0	$0	$0
MANGESH V PATEL	SECRETARY/DIRECTOR	0.10	Officer Director	$0	$0	$0
PRITI V PATEL	TREASURER	0.10	Officer Director	$0	$0	$0
SHASHI UPADHYAYA	DIRECTOR	0.10	Director	$0	$0	$0
SACHIN PATEL	DIRECTOR	0.10	Director	$0	$0	$0
DEEPAK S MISTRY	DIRECTOR	0.10	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
2023	$14,310	$2,615	$550,738	$11,695
2022	$500,841	$150	$527,159	$500,691

SEVA CHARITIES