Indo American Associtaion of Delaware

Nonprofit profile at a glance

EIN
510314472
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024, Form 990-N 2011
Location
Hockessin, DE, USA
Phone
3025409105
Rating
37
Verdict
REVIEW
Rating confidence
Moderate
Sector
Cultural, Ethnic Awareness

Reported finances

Revenue
$53,502
Expenses
$69,269
Assets
$106,724
Liabilities
$0

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

Leadership & pay

4 people listed

People named in this filing

  • Rohan Desouza (Executive Board)
  • Alpa Parikh (Executive Board)
  • Roseline Dcruz (Executive Board)

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

IAAD has the following objectives and goals: To create awareness of the rich Indian heritage among the general public and especially with the younger members of the Indo American community. To promote Goodwill, Friendship and Unity among the Indo American community. To organize social, educational, health and cultural activities. Indo American Association Of Delaware (IAAD) is a not for profit organization. It was incorporated in Delaware in 1984 and has no political or religious affiliations. Our board consists of fifteen volunteers of which a third come up for re-election each year. Our committees, and our membership, reflect the rich cultural and religious diversity of India. Though IAAD General Body Meetings are open to all persons in the Community, only dues paying members have the eligibility to stand for / elect Board Members. All activities are supported through membership dues, voluntary contributions and fund raising events.

What it reported doing in 2024

Indo American Association Of Delaware (IAAD) is a not for profit organization. It was incorporated in Delaware in 1984 and has no political or religious affiliations. Our board consists of fifteen volunteers of which a third come up for re-election each year. Our committees, and our membership, reflect the rich cultural and religious diversity of India. Though IAAD General Body Meetings are open to all persons in the Community, only dues paying members have the eligibility to stand for / elect Board Members. All activities are supported through membership dues, voluntary contributions and fund raising events.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up. 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: 41
  • Growth: 40

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: -29.5%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 1.54; rating input score 58; 58th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 54% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: -5.8% per year; rating input score 0; 23rd percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • 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 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Sustainability: Operating margin scored 19/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 58/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.