ROSEWATER FOUNDATION INC

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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

2022

Legal Domicile

Principal Officer

AKSHAR PATEL

Phone

6789779009

Tax Period

2024-01-01 to 2024-12-31

ROSEWATER FOUNDATION INC, founded in 2022, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $314K in total revenue in fiscal year 2024. Revenue surged 528% from the prior year, signaling strong growth momentum. The organization ran a surplus of $293K, a strong 93% operating margin.

Mission

ROSEWATER FOUNDATION INC WAS ESTABLISHED TO SUPPORT EXCEPTIONAL LEADERS AND INNOVATIVE ORGANIZATIONS THAT STRIVE TO SOLVE IMPORTANT SOCIAL ISSUES THAT DELIVER A LASTING AND POSITIVE IMPACT TO THE WORLD AND HUMANITY.

Program Service Accomplishments

Program 1

MAKING CHARITABLE CONTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.

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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 $248,422

Program Service Revenue $0

Investment Income $65,790

Other Revenue $0

TOTAL REVENUE $314,212

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $21,151

TOTAL EXPENSES $21,151

Year-over-Year Comparison

	2024	2023	Change
Revenue	$314,212	$50,000	+5.3%
Expenses	$21,151	$2,500	+7.5%
Net Income	$293,061	$47,500	+5.2%

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

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
AKSHAR PATEL	DIRECTOR	2.00	Director	$0	$0	$0
MITUL PARMAR	DIRECTOR	2.00	Director	$0	$0	$0
HIMANSHU JOSHI	DIRECTOR	2.00	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
2025	No data	No data	No data	No data
2024	$314,212	$21,151	$371,833	$293,061