Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable
Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable shows volatile revenue, consistent asset growth, and no reported officer compensation.
EIN: 134128671 · Stamford, CT · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $536K |
| Total Expenses | $137K |
| Program Spending | 70% |
| Net Assets | $2.0M |
| Transparency Score | 75/100 |
Is Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable
Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable (EIN: 134128671) is a nonprofit organization based in Stamford, CT, classified under NTEE code T22. The organization reported total revenue of $536K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable is a small nonprofit that has been operating for 26 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 31.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $97K |
| Total Expenses | $137K |
| Surplus / Deficit | $-40,162 |
| Total Assets | $2.0M |
| Total Liabilities | $1 |
| Net Assets | $2.0M |
| Operating Margin | -41.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 171.0 months |
Financial Health Grade: B
In 2023, Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable reported a deficit of $40K with expenses exceeding revenue, holds 171.0 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), Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable's revenue has grown at a compound annual growth rate (CAGR) of 31.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.7% | +20.1% | -0.5% |
| 2022 | -91.8% | +41.5% | -4.7% |
| 2021 | +2923.3% | +12.9% | +73.9% |
| 2020 | -32.9% | +27.1% | -4.6% |
| 2019 | -86.2% | +2585.2% | +144.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
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 Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable with a Mission Score of 75 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $40K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its executives, which is highly favorable for minimizing administrative costs.
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 Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable's IRS 990 filings:
- Inconsistent revenue streams, with significant year-to-year volatility (e.g., $897,976 in 2021 vs. $96,757 in 2023).
- Expenses exceeded revenue in recent periods (e.g., 2023: $136,919 expenses vs. $96,757 revenue; 2022: $113,995 expenses vs. $73,472 revenue), indicating operational deficits.
- Lack of detailed expense breakdown in provided data makes it difficult to fully assess program efficiency.
Strengths
The following positive indicators were identified for Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable:
- Consistent reporting of 0% officer compensation, indicating low executive overhead.
- Strong asset growth over the long term, from $260,932 in 2011 to $1,951,457 in 2023.
- Extremely low liabilities ($1 across all filings), demonstrating excellent debt management.
Frequently Asked Questions about Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable
Is Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable a legitimate charity?
Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable (EIN: 134128671) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $536K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable spend its money?
Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable tax-deductible?
Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable is registered as a tax-exempt nonprofit (EIN: 134128671). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable's spending goes to programs?
Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable compare to similar nonprofits?
With a transparency score of 75/100 (Good), Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable located?
Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable is headquartered in Stamford, Connecticut and files with the IRS under EIN 134128671. It is classified under NTEE code T22.
How many years of IRS 990 filings does Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable have?
Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable 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 $536K in total revenue.
Is Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable financially stable?
While the organization has significant assets ($1,951,457 in 2023) and minimal liabilities, its revenue has been highly volatile, with expenses exceeding revenue in recent years (e.g., 2023: $96,757 revenue vs. $136,919 expenses). This suggests operational stability relies heavily on its asset base rather than consistent annual income.
How does the organization manage its administrative costs?
A significant strength in administrative cost management is the consistent reporting of 0% officer compensation across all filings, indicating that executive salaries are not a drain on resources. However, without a detailed breakdown of other administrative expenses, a full assessment is not possible.
What caused the large revenue spike in 2021?
The filing data shows a substantial revenue increase to $897,976 in 2021, a significant jump from previous and subsequent years. This could be due to a large one-time donation, a major grant, or investment gains. Further investigation into the 2021 filing's Schedule A (Public Charity Status and Public Support) and Part VIII (Statement of Revenue) would clarify the source.
Filing History
IRS 990 filing history for Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable's revenue has grown by 2494%, moving from $4K to $97K. Total assets increased by 647.9% over the same period, from $261K to $2.0M. Total functional expenses rose by 50610.7%, from $270 to $137K. In its most recent filing year (2023), Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable reported a deficit of $40K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $97K | $137K | $2.0M | $1 | — | — |
| 2022 | $73K | $114K | $2.0M | $1 | — | View 990 |
| 2021 | $898K | $81K | $2.1M | $1 | — | — |
| 2020 | $30K | $71K | $1.2M | $1 | — | — |
| 2019 | $44K | $56K | $1.2M | $1 | — | — |
| 2015 | $320K | $2K | $507K | $1 | — | View 990 |
| 2014 | $8K | $17K | $189K | $1 | — | View 990 |
| 2013 | $233 | $59K | $199K | $1 | — | View 990 |
| 2012 | $1 | $3K | $258K | $1 | — | View 990 |
| 2011 | $4K | $270 | $261K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $97K, expenses of $137K, and assets of $2.0M (revenue +31.7% year-over-year).
- 2022: Revenue of $73K, expenses of $114K, and assets of $2.0M (revenue -91.8% year-over-year).
- 2021: Revenue of $898K, expenses of $81K, and assets of $2.1M (revenue +2923.3% year-over-year).
- 2020: Revenue of $30K, expenses of $71K, and assets of $1.2M (revenue -32.9% year-over-year).
- 2019: Revenue of $44K, expenses of $56K, and assets of $1.2M (revenue -86.2% year-over-year).
- 2015: Revenue of $320K, expenses of $2K, and assets of $507K (revenue +3990.0% year-over-year).
- 2014: Revenue of $8K, expenses of $17K, and assets of $189K (revenue +3263.1% year-over-year).
- 2013: Revenue of $233, expenses of $59K, and assets of $199K (revenue +23200.0% year-over-year).
- 2012: Revenue of $1, expenses of $3K, and assets of $258K (revenue -100.0% year-over-year).
- 2011: Revenue of $4K, expenses of $270, and assets of $261K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable:
Data Sources and Methodology
This transparency report for Tarak Das Banerjee And Gumdur Grewal Banerjee Charitable 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.