Balagan Saraswathi Ammal Charities Inc
Balagan Saraswathi Ammal Charities Inc operates on razor-thin margins with minimal assets, frequently spending all revenue.
EIN: 201102276 · Beltsville, MD · NTEE: B11 · Updated: 2026-03-28
About Balagan Saraswathi Ammal Charities Inc
Balagan Saraswathi Ammal Charities Inc (EIN: 201102276) is a nonprofit organization based in Beltsville, MD, classified under NTEE code B11. The organization reported total revenue of $166K and total assets of $25K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Balagan Saraswathi Ammal Charities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Balagan Saraswathi Ammal Charities Inc with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Balagan Saraswathi Ammal Charities Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly unusual for an organization with revenues consistently over $100,000.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Balagan Saraswathi Ammal Charities Inc's IRS 990 filings:
- Consistently low asset base relative to revenue, indicating minimal financial reserves (e.g., $1,968 assets vs. $190,299 revenue in 2023).
- Expenses frequently match or exceed revenue, suggesting a lack of surplus for sustainability (e.g., $190,299 revenue and $190,299 expenses in 2023).
- Reporting 0% officer compensation for an organization with over $100,000 in revenue is highly unusual and may indicate unreported compensation or an unsustainable reliance on unpaid labor for key roles.
Strengths
The following positive indicators were identified for Balagan Saraswathi Ammal Charities Inc:
- Consistent filing of IRS 990 forms, demonstrating a commitment to transparency.
- Reported 0% officer compensation, which can be seen as a strength in terms of minimizing overhead if truly volunteer-led.
Frequently Asked Questions about Balagan Saraswathi Ammal Charities Inc
Is Balagan Saraswathi Ammal Charities Inc financially stable?
Based on the provided data, the organization's financial stability is questionable. It consistently spends nearly all its revenue, resulting in minimal asset accumulation (e.g., $1,968 in assets in 2023 against $190,299 in revenue), which suggests a lack of reserves for unexpected events or future growth.
How does the organization manage to operate with zero officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the organization is either entirely volunteer-run at the executive level or that compensation is being reported in a different category, which would require further clarification from the organization.
What caused the significant increase in assets to $24,813 in the latest report?
The provided data does not offer details on the cause of the asset increase from $1,968 in 2023 to $24,813 in the latest report. This significant jump warrants further investigation to understand if it's from a specific donation, investment, or a change in accounting.
Filing History
IRS 990 filing history for Balagan Saraswathi Ammal Charities Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Balagan Saraswathi Ammal Charities Inc's revenue has declined by 31.5%, moving from $278K to $190K. Total assets increased by 95% over the same period, from $1K to $2K. Total functional expenses fell by 31.6%, from $278K to $190K. In its most recent filing year (2023), Balagan Saraswathi Ammal Charities Inc reported a surplus of $0, with revenue exceeding expenses. The organization holds $1 in liabilities against $2K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $2K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $190K | $190K | $2K | $1 | — | View 990 |
| 2022 | $130K | $128K | $1K | $1 | — | View 990 |
| 2021 | $173K | $56 | $1K | $1 | — | View 990 |
| 2020 | $162K | $162K | $1K | $1 | — | — |
| 2019 | $278K | $278K | $1K | $1 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $190K, expenses of $190K, and assets of $2K (revenue +46.5% year-over-year).
- 2022: Revenue of $130K, expenses of $128K, and assets of $1K (revenue -24.9% year-over-year).
- 2021: Revenue of $173K, expenses of $56, and assets of $1K (revenue +6.7% year-over-year).
- 2020: Revenue of $162K, expenses of $162K, and assets of $1K (revenue -41.6% year-over-year).
- 2019: Revenue of $278K, expenses of $278K, and assets of $1K.
Data Sources and Methodology
This transparency report for Balagan Saraswathi Ammal Charities Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.