The Mehta Foundation Inc

EIN: 863352661 501(c)(3) Education

Burke, VA

Total Revenue
$225,050
Total Expenses
$296,697
Total Assets
$80,729
Net Assets
$80,729
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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
VA
Principal Officer
Darshan P Mehta
Phone
2023324505
Tax Period
2023-01-01 to 2023-12-31

The Mehta Foundation Inc, founded in 2021, is a small nonprofit in the Education sector that reported $225K in total revenue in fiscal year 2023. Revenue surged 125% from the prior year, signaling strong growth momentum. Expenses of $297K exceeded revenue, resulting in a 32% operating deficit.

Mission

The Mehta Foundation Inc will host an annual education competition that creates unique learning opportunities around the world to solve read world problems.

Program Service Accomplishments

Program 1
Expenses: $212,022 Revenue: $0

TMF continued collaborative partnership with the leading technology university in Thailand to develop experiential learning and conduct hackathons. In Dec 2023, a DEMO day event was held to highlight...

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TMF continued collaborative partnership with the leading technology university in Thailand to develop experiential learning and conduct hackathons. In Dec 2023, a DEMO day event was held to highlight 15 startups that TMF coached, guided and trained. This event attracted over 250+ participants and garnered awareness of this new collaboration.

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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 $225,050
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $225,050

Expense Breakdown

Grants Paid $0
Salaries & Benefits $296,154
Fundraising Expenses $0
Program Expenses $212,022
Other Expenses $543
TOTAL EXPENSES $296,697

Year-over-Year Comparison

2023 2022 Change
Revenue $225,050 $100,200 +1.2%
Expenses $296,697 $294,879 +0.0%
Net Income $-71,647 $-194,679 -0.6%
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
4
Independent Members
3
Employees
1
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
1
$280,000
Total Directors
1
$280,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Darshan P Mehta President 40.00
Officer Director
$280,000 $0 $280,000
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 $225,050 $296,697 $80,729 $-71,647
2022 $100,200 $294,879 $150,432 $-194,679
2021 $498,356 $153,245 $345,111 $345,111
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