Indian Medical Association of New England Inc
Nonprofit profile at a glance
- EIN
- 042681654
- IRS 990-EZ coverage
- 2011–2023
- Forms available
- Form 990-EZ 2023, Form 990-N 2012
- Location
- Waltham, MA, USA
- Phone
- 7813347275
- Rating
- 46
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Ambulatory Health Center, Community Clinic
Reported finances
- Revenue
- $35,451
- Expenses
- $48,892
- Assets
- $281,344
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- SONALI KHOND MD (PRESIDENT)
- SHIKHI MERCHIA MD (VICE PRESIDENT)
People named in this filing
- SONALI KHOND MD (PRESIDENT)
- SHIKHI MERCHIA MD (VICE PRESIDENT)
- CHANDRA LANGASETTY MD (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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Advancement of medical education
What it reported doing in 2023
Advancement and education of indian medical professionals in new england
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 1
- Transparency & Controls: 100
- Sustainability: 40
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 1.3%; rating input score 1
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -37.9%; rating input score 17; 17th percentile among comparable filings
- Total-asset coverage ratio: 5.75; rating input score 86; 86th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -0.1% per year; rating input score 0; 49th percentile among comparable filings
- Revenue growth: 1.6% per year; rating input score 100; 60th percentile among comparable filings
- Asset growth: 3.8% per year; rating input score 100; 53rd percentile among comparable filings
Details
- Where the money goes: 1.3% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2011 to 2023
- Contacts: How to reach this organization
- 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 1/100.
- High — Sustainability: Operating margin scored 17/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.