WATCHES FOR GOOD 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

2020

Legal Domicile

Principal Officer

NIRDHAR KHAZANIE

Phone

2155791580

Tax Period

2024-01-01 to 2024-12-31

WATCHES FOR GOOD INC, founded in 2020, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $31K in total revenue in fiscal year 2024. Revenue fell 66% from the prior year — a significant decline worth monitoring. Expenses of $62K exceeded revenue, resulting in a 96% operating deficit.

Mission

TRANSPARENCY IS KEY: WE BELIEVE SPENT CONTRIBUTIONS SHOULD BE ACCOUNTED FOR IN THIS NON-PROFIT AND THATS EXACTLY WHY WE PLEDGE TO SHARE OUR FINANCIALS FOR EVERY EFFORT. YOU, OUR LOYAL PATRONS, WILL HAVE TRANSPARENCY INTO HOW OUR FUNDS ARE UTILIZED AND FOR WHAT EFFORTS. WHEN YOU DONATE TO WATCHES FOR GOOD, YOU SHOULD HAVE A SENSE OF PRIDE AND COMFORT THAT THERES ACCOUNTABILITY. EDUCATION: EVERY CHILD DESERVES THE RIGHT TO AN EDUCATION WHICH IS WHY WERE COMMITTED TO VOLUNTEERING AND PROVIDING SCHOOLS ACROSS THE WORLD WITH THE PROPER RESOURCES THEY NEED. WE BELIEVE THIS SUPPORT CAN COME IN VARIOUS FORMS: SUPPLEMENTAL TUTORING, ASSISTANCE WITH TECHNOLOGY IN PURCHASING LAPTOPS, SCHOOL SUPPLIES, AND MORE. HUNGER: WATCHES FOR GOOD HOPES TO HELP COMBAT HUNGER WORLDWIDE AS EVERY HUMAN LIFE IS EQUALLY IMPORTANT REGARDLESS OF RACE, RELIGION, GENDER, OR GEOGRAPHIC LOCATION; WE ARE HERE TO SERVE THE WORLD. COVID HAS DISRUPTED FOOD SUPPLY CHAINS IN THE SOME OF THE WORLDS LARGEST PRODUCING MARKETS, N

Program Service Accomplishments

Program 1

Expenses: $61,616

IN 2024, WATCHES FOR GOOD VOLUNTEERS ACCOMPLISHED THE FOLLOWING CAMPAIGNS: 1) ISRAEL/GAZA HUMANITARIAN EFFORTS: WATCHES FOR GOOD PROVIDED HUMANITARIAN RELIEF EFFORTS IN THE FORM OF MEDICAL AID KITS, BLANKETS, DRONES, AND SHELTER SUPPORT TO REFUGEES AND DISPLACED PEOPLE. 2) AHIMSA CAMPAIGN: WATCHES FOR GOOD A STAUNCH SUPPORTER OF THE CONSCIOUS CAFETERIA PROJECT, RECOGNIZED THE BROADER IMPLICATIONS OF REDUCING PLASTIC USE BEYOND PUBLIC SCHOOLS. BY PARTNERING WITH THE CONSCIOUS CAFETERIA PROJECT, AHIMSA WAS ABLE TO DONATE 4,000 FOODWARE KITS TO KIPP NYC SCHOOL CAFETERIAS IN NEW YORK CITY TO TRANSITION TO REUSABLE ALTERNATIVES.

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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 $31,463

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $31,463

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $61,616

Other Expenses $61,616

TOTAL EXPENSES $61,616

Year-over-Year Comparison

	2024	2023	Change
Revenue	$31,463	$91,448	-0.7%
Expenses	$61,616	$22,199	+1.8%
Net Income	$-30,153	$69,249	-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

Governance

Voting Members

Independent Members

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
CHRIS CHIN	CLO	N/A	Officer Director	$0	$0	$0
NIRDHAR KHAZANIE	CO-FOUNDER &	1.00	Officer Director	$0	$0	$0
RAJA RAMASWAMY	DIRECTOR	N/A	Officer Director	$0	$0	$0
RANI RAMASWAMY	CO FOUNDER	N/A	Officer Director	$0	$0	$0
ROMAN SHARF	COO	N/A	Officer 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
2024	$31,463	$61,616	$123,372	$-30,153
2023	$91,448	$22,199	$153,525	$69,249
2022	$275,353	$270,818	$84,276	$4,535