CHINMAYA EDUCATION FOUNDATION INC (EIN 861594406) - 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

2021

Legal Domicile

Principal Officer

APPARAO MUKKAMALA

Phone

8102384617

Tax Period

2024-01-01 to 2024-12-31

CHINMAYA EDUCATION FOUNDATION INC, founded in 2021, is a community nonprofit in the Education sector that reported $1.8M in total revenue in fiscal year 2024. Revenue surged 63% from the prior year, signaling strong growth momentum. Expenses of $5.6M exceeded revenue, resulting in a 219% operating deficit.

Mission

THE CORPORATION IS ORGANIZED TO PROVIDE SUPPORT FOR EDUCATIONAL INSTITUTIONS, HEALTH CARE INITIATIVES AND INSTITUTIONS, RELIEF FOR VICTIMS OF NATURAL DISASTERS, ECONOMIC UPLIFTMENT AND REHABILITATION TO THOSE BELOW THE POVERTY LINE.

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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 $1,557,793

Program Service Revenue $0

Investment Income $188,236

Other Revenue $6,750

TOTAL REVENUE $1,752,779

Expense Breakdown

Grants Paid $5,543,042

Salaries & Benefits $0

Fundraising Expenses $17,281

Program Expenses $5,575,557

Other Expenses $49,796

TOTAL EXPENSES $5,592,838

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,752,779	$1,076,465	+0.6%
Expenses	$5,592,838	$549,401	+9.2%
Net Income	$-3,840,059	$527,064	-8.3%

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
SWAMI SWAROOPANANDA	PRESIDENT	1.00	Officer	$0	$0	$0
APPARAO MUKKAMALA	VICE PRESIDE	1.00	Officer	$0	$0	$0
NATARAJAN MINAKSHISUNDAR	TREASURER	3.00	Officer	$0	$0	$0
SATISH MULUKUTLA	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	$1,752,779	$5,592,838	$3,807,079	$-3,840,059
2023	$1,076,465	$549,401	$7,647,138	$527,064
2022	$2,347,194	$456,914	$7,120,074	$1,890,280
2021	$5,275,065	$8,386	$5,266,679	$5,266,679

CHINMAYA EDUCATION FOUNDATION INC