Patidar Cultural Association Of Usa Inc
Patidar Cultural Association: Strong Asset Growth, Limited Transparency
EIN: 223031050 · Monmouth Jct, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $227K |
| Total Expenses | $29K |
| CEO/Top Officer Pay | $0 |
| Net Assets | $382K |
| Transparency Score | 65/100 |
Is Patidar Cultural Association Of Usa Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Patidar Cultural Association Of Usa Inc
Patidar Cultural Association Of Usa Inc (EIN: 223031050) is a nonprofit organization based in Monmouth Jct, NJ. The organization reported total revenue of $227K and total assets of $341K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Patidar Cultural Association Of Usa Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Patidar Cultural Association Of Usa Inc is a small nonprofit that has been operating for 34 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $147K |
| Total Expenses | $29K |
| Surplus / Deficit | +$119K |
| Total Assets | $382K |
| Net Assets | $382K |
| Operating Margin | 80.6% |
| Months of Reserves | 160.2 months |
Financial Health Grade: A
In 2023, Patidar Cultural Association Of Usa Inc reported a surplus of $119K with revenue exceeding expenses, holds 160.2 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Patidar Cultural Association Of Usa Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +198.5% | -78.4% | +73.9% |
| 2022 | +259.9% | +793.6% | — |
| 2021 | -67.1% | -70.8% | -100.0% |
| 2019 | -48.1% | -48.2% | -2.2% |
| 2018 | -30.2% | +77.5% | -4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Patidar Cultural Association Of Usa Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Patidar Cultural Association Of Usa Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $119K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating a volunteer-led organization or that compensation is not disclosed in this section.
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 Patidar Cultural Association Of Usa Inc's IRS 990 filings:
- Zero reported program service expenses in recent years despite significant revenue and assets.
- Lack of detailed expense breakdown makes it difficult to assess operational efficiency.
- Nature of 'cultural association' activities not clear from financial data alone.
Strengths
The following positive indicators were identified for Patidar Cultural Association Of Usa Inc:
- Significant asset growth from $0 in 2021 to $381,978 in 2023.
- Consistent reporting of $0 for executive compensation suggests a volunteer-driven model.
- Positive net assets indicate financial stability.
Frequently Asked Questions about Patidar Cultural Association Of Usa Inc
Is Patidar Cultural Association Of Usa Inc a legitimate charity?
Patidar Cultural Association Of Usa Inc (EIN: 223031050) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 12 years of IRS 990 filings on record. Total revenue: $227K. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Patidar Cultural Association Of Usa Inc spend its money?
Patidar Cultural Association Of Usa Inc reported $227K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Patidar Cultural Association Of Usa Inc tax-deductible?
Patidar Cultural Association Of Usa Inc is registered as a tax-exempt nonprofit (EIN: 223031050). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Patidar Cultural Association Of Usa Inc CEO make?
Patidar Cultural Association Of Usa Inc's highest-compensated officer earns $0 annually. The organization reported $227K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Patidar Cultural Association Of Usa Inc located?
Patidar Cultural Association Of Usa Inc is headquartered in Monmouth Jct, New Jersey and files with the IRS under EIN 223031050.
How many years of IRS 990 filings does Patidar Cultural Association Of Usa Inc have?
Patidar Cultural Association Of Usa Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $227K in total revenue.
What does Patidar Cultural Association Of Usa Inc do?
Patidar Cultural Association Of Usa Inc is a nonprofit organization in the Unknown sector, located in Monmouth Jct, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Patidar Cultural Association Of Usa Inc have?
Patidar Cultural Association Of Usa Inc reported total revenue of $226,895. Based on 12 IRS 990 filings on record.
What are Patidar Cultural Association Of Usa Inc's total assets?
Patidar Cultural Association Of Usa Inc holds total assets of $341,308 as reported in IRS 990 filings.
Where is Patidar Cultural Association Of Usa Inc located?
Patidar Cultural Association Of Usa Inc is based in Monmouth Jct, New Jersey.
What is Patidar Cultural Association Of Usa Inc's EIN?
Patidar Cultural Association Of Usa Inc's Employer Identification Number (EIN) is 223031050. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Patidar Cultural Association Of Usa Inc?
Patidar Cultural Association Of Usa Inc is classified under NTEE code Unknown (Unknown).
Is Patidar Cultural Association Of Usa Inc a registered 501(c)(3)?
Patidar Cultural Association Of Usa Inc appears in IRS records (EIN: 223031050). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Patidar Cultural Association Of Usa Inc file IRS Form 990?
Yes, Patidar Cultural Association Of Usa Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Patidar Cultural Association Of Usa Inc's revenue in 2023?
In the 202312 filing period, Patidar Cultural Association Of Usa Inc reported total revenue of $147,499, total expenses of $28,615, and net assets of $381,978.
Is Patidar Cultural Association Of Usa Inc's revenue growing or declining?
Patidar Cultural Association Of Usa Inc's revenue is growing. Revenue went from $49,406 (202212) to $147,499 (202312), a +198.5% change. Based on 12 filings on record.
What is Patidar Cultural Association Of Usa Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Patidar Cultural Association Of Usa Inc covers tax period 202312. It shows revenue of $147,499, expenses of $28,615, total assets of $381,978, and liabilities of N/A.
Is Patidar Cultural Association Of Usa Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Patidar Cultural Association Of Usa Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Patidar Cultural Association Of Usa Inc?
The following concerns were identified: Zero reported program service expenses in recent years despite significant revenue and assets.. Lack of detailed expense breakdown makes it difficult to assess operational efficiency.. Nature of 'cultural association' activities not clear from financial data alone.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Patidar Cultural Association Of Usa Inc's strengths?
Positive indicators for Patidar Cultural Association Of Usa Inc include: Significant asset growth from $0 in 2021 to $381,978 in 2023.. Consistent reporting of $0 for executive compensation suggests a volunteer-driven model.. Positive net assets indicate financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Patidar Cultural Association Of Usa Inc compensate executives?
Executive compensation is reported as $0 across all available filings, indicating a volunteer-led organization or that compensation is not disclosed in this section. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'Cultural Association' designation and significant assets, what specific cultural programs or services are being provided if program expenses are consistently reported as $0?
The financial data does not detail specific program activities or how the organization fulfills its cultural mission without reported program service expenses. Further investigation into their activities beyond financial filings would be necessary.
How does the organization manage its operations and generate revenue without any reported expenses for programs, administration, or fundraising in some years?
The provided data shows 'x' (expenses) values, but the breakdown into program, admin, and fundraising is not explicit. The 'sb' values are 0 because the data does not provide the necessary breakdown to calculate these percentages. It's possible expenses are categorized differently or are minimal and covered by volunteers/donations in kind, but this is not clear from the filings.
Filing History
IRS 990 filing history for Patidar Cultural Association Of Usa Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Patidar Cultural Association Of Usa Inc's revenue has declined by 1.3%, moving from $149K to $147K. Total assets decreased by 15.3% over the same period, from $451K to $382K. Total functional expenses fell by 62.5%, from $76K to $29K. In its most recent filing year (2023), Patidar Cultural Association Of Usa Inc reported a surplus of $119K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $147K | $29K | $382K | $0 | — | View 990 |
| 2022 | $49K | $132K | $220K | $0 | — | View 990 |
| 2021 | $14K | $15K | $0 | $0 | — | View 990 |
| 2019 | $42K | $51K | $401K | $0 | — | View 990 |
| 2018 | $81K | $98K | $410K | $0 | — | View 990 |
| 2017 | $115K | $55K | $427K | $0 | — | View 990 |
| 2016 | $60K | $90K | $384K | $0 | — | View 990 |
| 2015 | $61K | $67K | $405K | $0 | — | View 990 |
| 2014 | $95K | $111K | $400K | $0 | — | View 990 |
| 2013 | $180K | $223K | $415K | $0 | — | View 990 |
| 2012 | $95K | $84K | $575K | $0 | — | View 990 |
| 2011 | $149K | $76K | $451K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $147K, expenses of $29K, and assets of $382K (revenue +198.5% year-over-year).
- 2022: Revenue of $49K, expenses of $132K, and assets of $220K (revenue +259.9% year-over-year).
- 2021: Revenue of $14K, expenses of $15K, and assets of $0 (revenue -67.1% year-over-year).
- 2019: Revenue of $42K, expenses of $51K, and assets of $401K (revenue -48.1% year-over-year).
- 2018: Revenue of $81K, expenses of $98K, and assets of $410K (revenue -30.2% year-over-year).
- 2017: Revenue of $115K, expenses of $55K, and assets of $427K (revenue +93.4% year-over-year).
- 2016: Revenue of $60K, expenses of $90K, and assets of $384K (revenue -2.5% year-over-year).
- 2015: Revenue of $61K, expenses of $67K, and assets of $405K (revenue -35.6% year-over-year).
- 2014: Revenue of $95K, expenses of $111K, and assets of $400K (revenue -47.2% year-over-year).
- 2013: Revenue of $180K, expenses of $223K, and assets of $415K (revenue +89.7% year-over-year).
- 2012: Revenue of $95K, expenses of $84K, and assets of $575K (revenue -36.6% year-over-year).
- 2011: Revenue of $149K, expenses of $76K, and assets of $451K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Patidar Cultural Association Of Usa Inc:
Data Sources and Methodology
This transparency report for Patidar Cultural Association Of Usa 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.