PARSIPPANY LIONS CLUB 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

2023

Legal Domicile

Principal Officer

PRATAP JAYAKAR

Phone

8625798822

Tax Period

2023-01-01 to 2023-12-31

PARSIPPANY LIONS CLUB INC, founded in 2023, is a micro nonprofit in the Human Services sector that reported $15K in total revenue in fiscal year 2023. Expenses of $17K exceeded revenue, resulting in a 10% operating deficit.

Mission

SOCIAL WELFARE AND COMMUNITY SERVICES

Program Service Accomplishments

Program 1

Expenses: $6,845 Revenue: $15,478

Fund raiser for First Responder Groups in Parsippany, NJ Fund raiser and cleanup for Camp Marcella (Summer Camp for Autistic Kids) Rubix Cube competition for Child Cancer and Hunger Fundraiser

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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 $15,477

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $15,477

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,845

Other Expenses $17,057

TOTAL EXPENSES $17,057

Year-over-Year Comparison

	2023	2022	Change
Revenue	$15,477	N/A	N/A
Expenses	$17,057	N/A	N/A
Net Income	$-1,580	N/A	N/A

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
PRATAP JAYAKAR	PRESIDENT	N/A	Officer	$0	$0	$0
JOSHANA JAYAKAR	TREASURER	N/A	Officer	$0	$0	$0
MRUDULA KELKAR	SECRETARY	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
2023	$15,477	$17,057	$8,362	$-1,580