Revati Puranik Foundation

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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

Revati Puranik

Phone

7132584995

Tax Period

2023-01-01 to 2023-12-31

Revati Puranik Foundation, founded in 2020, is a small nonprofit that reported $279K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $465K exceeded revenue, resulting in a 67% operating deficit.

Mission

The Revati Puranik Foundation's mission is to bring leadership, diversity, environmental awareness, wellness, and arts to underprivileged communities through education and mentorship.

Program Service Accomplishments

Program 1

Expenses: $104,103

The Revati Puranik Foundation's mission is to bring leadership, diversity, environmental awareness, wellness, and arts to underprivileged communities through education and mentorship.

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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 $267,400

Program Service Revenue $0

Investment Income $0

Other Revenue $11,499

TOTAL REVENUE $278,899

Expense Breakdown

Grants Paid $104,103

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $104,103

Other Expenses $360,878

TOTAL EXPENSES $464,981

Year-over-Year Comparison

	2023	2022	Change
Revenue	$278,899	$353,753	-0.2%
Expenses	$464,981	$444,846	+0.0%
Net Income	$-186,082	$-91,093	+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

N/A

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
Revati Puranik	President	10.00	Officer Director	$0	$0	$0
Bhakti Salunkhe	Secretary	1.00	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	No data	No data	No data	No data
2023	$278,899	$464,981	$4,324,472	$-186,082
2022	$353,753	$444,846	$4,601,953	$-91,093
2021	$4,819,725	$149,649	$4,684,474	$4,670,076
2021	$4,522,725	$77,911	$4,459,212	$4,444,814
2021	$4,819,725	$149,649	$4,684,474	$4,670,076