Radhika & Ambarish Malpani Foundation Inc
Radhika & Ambarish Malpani Foundation Inc. faces persistent operating deficits and declining assets.
EIN: 203975649 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $191K |
| Total Expenses | $170K |
| Program Spending | 75% |
| Net Assets | $637K |
| Transparency Score | 55/100 |
Is Radhika & Ambarish Malpani Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Radhika & Ambarish Malpani Foundation Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Radhika & Ambarish Malpani Foundation Inc
Radhika & Ambarish Malpani Foundation Inc (EIN: 203975649) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $191K and total assets of $556K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Radhika & Ambarish Malpani Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Radhika & Ambarish Malpani Foundation Inc is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $74K |
| Total Expenses | $170K |
| Surplus / Deficit | $-95,784 |
| Total Assets | $637K |
| Total Liabilities | $1 |
| Net Assets | $637K |
| Operating Margin | -129.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 45.0 months |
Financial Health Grade: B
In 2023, Radhika & Ambarish Malpani Foundation Inc reported a deficit of $96K with expenses exceeding revenue, holds 45.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Radhika & Ambarish Malpani Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +48.5% | -14.5% | -13.1% |
| 2022 | -65.8% | +51.0% | -16.9% |
| 2021 | +164.6% | +7.2% | +1.6% |
| 2020 | -30.3% | +6.3% | -7.2% |
| 2019 | +15.4% | +25.6% | -16.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Radhika & Ambarish Malpani Foundation 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Radhika & Ambarish Malpani Foundation Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $96K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that no officer salaries are paid, which is highly commendable for a foundation of this size.
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 Radhika & Ambarish Malpani Foundation Inc's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue in 8 of 10 periods)
- Significant decline in total assets over time (from $1,210,099 in 2011 to $636,843 in 2023)
- Revenue generation appears insufficient to cover ongoing expenses
Strengths
The following positive indicators were identified for Radhika & Ambarish Malpani Foundation Inc:
- Zero officer compensation reported across all filings, indicating efficient use of funds at the executive level
- Maintained minimal liabilities ($1 across all periods), suggesting good debt management
Frequently Asked Questions about Radhika & Ambarish Malpani Foundation Inc
Is Radhika & Ambarish Malpani Foundation Inc a legitimate charity?
Radhika & Ambarish Malpani Foundation Inc (EIN: 203975649) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 55/100. It has 10 years of IRS 990 filings on record. Total revenue: $191K. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Radhika & Ambarish Malpani Foundation Inc spend its money?
Radhika & Ambarish Malpani Foundation Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Radhika & Ambarish Malpani Foundation Inc tax-deductible?
Radhika & Ambarish Malpani Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203975649). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Radhika & Ambarish Malpani Foundation Inc's spending goes to programs?
Radhika & Ambarish Malpani Foundation Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Radhika & Ambarish Malpani Foundation Inc compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Radhika & Ambarish Malpani Foundation Inc is near average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Radhika & Ambarish Malpani Foundation Inc located?
Radhika & Ambarish Malpani Foundation Inc is headquartered in Wilmington, Delaware and files with the IRS under EIN 203975649. It is classified under NTEE code T20.
How many years of IRS 990 filings does Radhika & Ambarish Malpani Foundation Inc have?
Radhika & Ambarish Malpani Foundation Inc has 10 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 $191K in total revenue.
Is Radhika & Ambarish Malpani Foundation Inc. financially sustainable?
Based on the provided data, the foundation has consistently operated at a deficit for most of the past decade, with expenses exceeding revenue in 8 out of 10 reported periods. This has led to a significant decline in assets from $1,210,099 in 2011 to $636,843 in 2023, suggesting a lack of long-term financial sustainability under current operating models.
How has the foundation's asset base changed over time?
The foundation's assets have decreased by nearly 50% over the past decade, from $1,210,099 in 2011 to $636,843 in 2023, indicating a steady draw-down of its principal.
What is the trend in the foundation's revenue generation?
Revenue generation has been inconsistent and generally insufficient to cover expenses. For example, in 2023, revenue was $73,932, and in 2022, it was $49,796, both significantly lower than expenses for those years.
Filing History
IRS 990 filing history for Radhika & Ambarish Malpani Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Radhika & Ambarish Malpani Foundation Inc's revenue has declined by 34.6%, moving from $113K to $74K. Total assets decreased by 47.4% over the same period, from $1.2M to $637K. Total functional expenses rose by 131.4%, from $73K to $170K. In its most recent filing year (2023), Radhika & Ambarish Malpani Foundation Inc reported a deficit of $96K, with expenses exceeding revenue. The organization holds $1 in liabilities against $637K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $637K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $74K | $170K | $637K | $1 | — | — |
| 2022 | $50K | $198K | $733K | $1 | — | View 990 |
| 2021 | $146K | $131K | $881K | $1 | — | — |
| 2020 | $55K | $123K | $867K | $1 | — | — |
| 2019 | $79K | $115K | $935K | $1 | — | View 990 |
| 2015 | $68K | $92K | $1.1M | $1 | — | View 990 |
| 2014 | $50K | $80K | $1.1M | $1 | — | View 990 |
| 2013 | $52K | $79K | $1.2M | $1 | — | View 990 |
| 2012 | $56K | $70K | $1.2M | $1 | — | View 990 |
| 2011 | $113K | $73K | $1.2M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $74K, expenses of $170K, and assets of $637K (revenue +48.5% year-over-year).
- 2022: Revenue of $50K, expenses of $198K, and assets of $733K (revenue -65.8% year-over-year).
- 2021: Revenue of $146K, expenses of $131K, and assets of $881K (revenue +164.6% year-over-year).
- 2020: Revenue of $55K, expenses of $123K, and assets of $867K (revenue -30.3% year-over-year).
- 2019: Revenue of $79K, expenses of $115K, and assets of $935K (revenue +15.4% year-over-year).
- 2015: Revenue of $68K, expenses of $92K, and assets of $1.1M (revenue +37.6% year-over-year).
- 2014: Revenue of $50K, expenses of $80K, and assets of $1.1M (revenue -5.3% year-over-year).
- 2013: Revenue of $52K, expenses of $79K, and assets of $1.2M (revenue -6.3% year-over-year).
- 2012: Revenue of $56K, expenses of $70K, and assets of $1.2M (revenue -50.5% year-over-year).
- 2011: Revenue of $113K, expenses of $73K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Radhika & Ambarish Malpani Foundation Inc:
Data Sources and Methodology
This transparency report for Radhika & Ambarish Malpani Foundation 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.