Cegaana
Nonprofit profile at a glance
- EIN
- 465178306
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990 2022, Form 990-EZ 2024, Form 990-N 2020
- Location
- Milpitas, CA, USA
- Phone
- 4088365654
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Alumni Associations
Reported finances
- Revenue
- $115,252
- Expenses
- $135,203
- Assets
- $251,694
- Liabilities
- $1,730
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
People named in this filing
- Babu Srinivasan (Director)
- Suji Thangvel (Director)
- Kalpana Sundar (Joint Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To build a community with College of Engineering Guindy (CEG) including scholarship for students
What it reported doing in 2024
Student scholarships for current students of Guindy Engineering College, India
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 73
- Sustainability: 40
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 97.4%; rating input score 97
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 1st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -17.3%; rating input score 9; 9th percentile among comparable filings
- Total-asset coverage ratio: 1.86; rating input score 78; 78th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 44; 44th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 25.2% per year; rating input score 100; 81st percentile among comparable filings
- Revenue growth: -12.4% per year; rating input score 0; 4th percentile among comparable filings
- Asset growth: 13% per year; rating input score 100; 69th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 97.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $132K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 9/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 44/100.