Quick charity verification for India Cultural Society (EIN: 222046024)
Verdict: India Cultural Society shows mixed signals
65/100Mission Score
$210KRevenue
$4.1MAssets
3Red Flags
4Strengths
Red Flags
Program spending appears low relative to total expenses, with only $127,500 out of $208,815 in 2023 going to expenses (not explicitly programs).
The organization's revenue has fluctuated over the years, with a notable drop from $267,539 in 2019 to $164,428 in 2021, though it recovered to $208,815 in 2023.
The provided data does not explicitly separate program expenses from administrative and fundraising costs, making a precise spending breakdown challenging.
Strengths
Consistent asset base, maintaining over $3.9 million in assets for several years.
Low liability-to-asset ratio, indicating financial stability (e.g., $1,783,600 liabilities vs $4,079,562 assets in 2023).
Long operational history with consistent annual filings.
No reported lobbying expenses ('c0%').
AI Transparency Report
India Cultural Society is a arts, culture & humanities nonprofit based in Wayne, New Jersey, with reported revenue of $210K and assets of $4.1M. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 60% of spending goes to programs, 20% to administration, and 20% to fundraising. - Financial statements are consistently available for multiple years.
- Detailed breakdown of program expenses is not readily apparent in the provided data, making it difficult to assess specific impact areas.
- No information on board independence or conflict of interest policies is available. Executive compensation is not reported in the provided data, indicating it is likely below the IRS reporting threshold for key employees, or not applicable. Revenue has declined -28% across 13 filing periods.