PARSIPPANY LIONS CLUB INC

EIN: 922332367 Human Services

PARSIPPANY, NJ

Total Revenue
$15,477
Total Expenses
$17,057
Total Assets
$8,362
Net Assets
$-1,579
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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
NJ
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

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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 $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

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Governance

Voting Members
27
Independent Members
27
Employees
N/A
Volunteers
37

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
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
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