Chicago Agrawal Association Nfp

Nonprofit profile at a glance

EIN
933268490
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024
Location
Aurora, IL, USA
Phone
2247038754
Rating
38
Verdict
REVIEW
Rating confidence
Moderate
Sector
Cultural, Ethnic Awareness

Reported finances

Revenue
$2,165
Expenses
$821
Assets
$8,345
Liabilities
$1,000

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • NEERAJ AGGARWAL (PRESIDENT)
  • ANKIT KUCHHAL (VICE PRESIDENT)

People named in this filing

  • NEERAJ AGGARWAL (PRESIDENT)
  • ANKIT KUCHHAL (VICE PRESIDENT)
  • HRIDESH BANSAL (SECRETARY)

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

The association is organized and shall be operated exclusively to engage in any lawful activity for which nonprofit, non-stock coeporations may be organized under the laws of the state of Illinois including harnessing the collective wisdom and support of the agarwal commuinty for charitable, religious, educational, social and cultural purposes.

What it reported doing in 2024

Celebrate festivals and religious occasions with people from agrawal community by organizing various events.

Operating model

Revenue model
Membership-supported. 100% of the money available for current operations came from membership dues.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 80
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 62.1%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 10.16; rating input score 92; 92nd percentile among comparable filings
  • Liabilities to assets ratio: 0.12; rating input score 17; 17th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -200% per year; rating input score 0; 0th percentile among comparable filings
  • Revenue growth: -94% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: 17.5% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 17/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.