HOT ROOM FOUNDATION INC (EIN 863600548) - 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

ASHISH KALGAONKAR

Phone

3176507968

Tax Period

2023-01-01 to 2023-12-31

HOT ROOM FOUNDATION INC, founded in 2021, is a micro nonprofit in the Mental Health sector that reported $8K in total revenue in fiscal year 2023. Revenue fell 39% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $5K, a strong 56% operating margin.

Mission

THE HOT ROOM FOUNDATION INC. PRINCIPALLY EXISTS TO (A) HELP INDIVIDUALS LEARN COPING MECHANISMS AND STRESS REDUCTION STRATEGIES THROUGH THE PRACTICE OF YOGA; (B) SUPPORT OTHER ORGANIZATIONS AND INDIVIDUALS THAT ESPOUSE THE SAME MISSION OF SPREADING THE PRACTICE OF YOGA AND OTHER CHARITABLE CAUSES; (C) SOLICIT AND RECEIVE FUNDS FOR THE ACCOMPLISHMENT OF THE ABOVE PURPOSES; AND (D) PURSUE ANY OTHER PURPOSE PERMITTED TO BE PURSUED BY A CHARITY.

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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 $3,156

Program Service Revenue $5,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $8,156

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $3,608

TOTAL EXPENSES $3,608

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,156	$13,463	-0.4%
Expenses	$3,608	$3,991	-0.1%
Net Income	$4,548	$9,472	-0.5%

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
ANA MAGALLON	SECRETARY	N/A	Director	$0	$0	$0
DANIEL MARSH	TREASURER	N/A	Director	$0	$0	$0
ERIN POLLEY	VICE PRESIDE	N/A	Director	$0	$0	$0
PRECISS STONE	MEMBER	N/A	Director	$0	$0	$0
ASHISH KALGAONKAR	PRESIDENT	N/A	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	$8,156	$3,608	$14,020	$4,548
2022	$13,463	$3,991	$9,472	$9,472
2021	$51	$51	No data	No data

HOT ROOM FOUNDATION INC