KPS 42 CHARITABLE FOUNDATION INC (EIN 922528516) - 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

2023

Legal Domicile

Principal Officer

RASIKBHAI PATEL

Phone

4787148078

Tax Period

2025-01-01 to 2025-12-31

KPS 42 CHARITABLE FOUNDATION INC, founded in 2023, is a micro nonprofit in the Education sector that reported $78K in total revenue in fiscal year 2025. Revenue surged 1163% from the prior year, signaling strong growth momentum.

Mission

Promote educational and social welfare of Kadava Pattidar community in Gujarat, India by making donations to educational trusts who is setting up and managing educational institutions or gives education loans or scholarship to children of widows or divorcees who are poor and belong to the community.

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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 (2025)

Revenue Breakdown

Contributions & Grants $78,364

Program Service Revenue $0

Investment Income $31

Other Revenue $0

TOTAL REVENUE $78,395

Expense Breakdown

Grants Paid $80,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $80,000

Other Expenses $90

TOTAL EXPENSES $80,090

Year-over-Year Comparison

	2025	2024	Change
Revenue	$78,395	$6,209	+11.6%
Expenses	$80,090	$318	+250.9%
Net Income	$-1,695	$5,891	-1.3%

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

N/A

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
SUBHASH PATEL	CEO	1.00	Officer Director	$0	$0	$0
RASIKBHAI PATEL	Secretary	1.00	Officer Director	$0	$0	$0
SHAILESH PATEL	CFO	1.00	Officer 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	$78,395	$80,090	$2,551	$-1,695
2024	No data	No data	No data	No data
2023	$1	$1,646	$356	$-1,645

KPS 42 CHARITABLE FOUNDATION INC