NARKAR HEALTH FOUNDATION

EIN: 853714139 501(c)(3) Health Care

DOWNEY, CA

Total Revenue
$52,896
Total Expenses
$73,535
Total Assets
$901,550
Net Assets
$899,831
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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
CA
Principal Officer
SUNIL SNARKAR
Phone
5628186060
Tax Period
2023-01-01 to 2023-12-31

NARKAR HEALTH FOUNDATION, founded in 2020, is a micro nonprofit in the Health Care sector that reported $53K in total revenue in fiscal year 2023. Revenue fell 94% from the prior year — a significant decline worth monitoring. Expenses of $74K exceeded revenue, resulting in a 39% operating deficit.

Mission

Our mission is to provide quality, safe & comprehensive health care to those in need.

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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 (2023)

Revenue Breakdown

Contributions & Grants $29,599
Program Service Revenue $0
Investment Income $23,297
Other Revenue $0
TOTAL REVENUE $52,896

Expense Breakdown

Grants Paid $0
Salaries & Benefits $38,933
Fundraising Expenses $0
Program Expenses $32,109
Other Expenses $34,602
TOTAL EXPENSES $73,535

Year-over-Year Comparison

2023 2022 Change
Revenue $52,896 $920,500 -0.9%
Expenses $73,535 $30 +2450.2%
Net Income $-20,639 $920,470 -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

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Governance

Voting Members
3
Independent Members
N/A
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUNIL SNARKAR CEO 0.00
Director
$0 $0 $0
SANJANA NARKAR Secretary 0.00
Director
$0 $0 $0
SHREE NARKAR CFO 0.00
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
2024 No data No data No data No data
2023 $52,896 $73,535 $901,550 $-20,639
2022 $920,500 $30 $920,470 $920,470
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