MAHARASHTRA MANDAL - BAY AREA (EIN 942986211) - 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

1983

Legal Domicile

Principal Officer

Bhaskar Ranade

Phone

6509449067

Tax Period

2024-01-01 to 2024-12-31

MAHARASHTRA MANDAL - BAY AREA, founded in 1983, is a community nonprofit in the Arts, Culture & Humanities sector that reported $4.8M in total revenue in fiscal year 2024. Revenue surged 1392% from the prior year, signaling strong growth momentum.

Mission

Organized many charitable,social, community programs throughout the year

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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 $1,441,898

Program Service Revenue $3,329,420

Investment Income $70,180

Other Revenue $0

TOTAL REVENUE $4,841,498

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,829,293

Other Expenses $4,832,370

TOTAL EXPENSES $4,832,370

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,841,498	$324,408	+13.9%
Expenses	$4,832,370	$250,035	+18.3%
Net Income	$9,128	$74,373	-0.9%

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
Bhaskar Ranade	President	12.00	Officer	$0	$0	$0
Amit Rote	Secretary	7.00	Officer	$0	$0	$0
Vaishali Zilpe	Treasurer	10.00	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
2025	No data	No data	No data	No data
2024	$4,841,498	$4,832,370	$322,632	$9,128
2023	$324,408	$250,035	$2,580,322	$74,373

MAHARASHTRA MANDAL - BAY AREA