Lad Vanik Samaj of North America
Nonprofit profile at a glance
- EIN
- 223147278
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990 2015, Form 990-EZ 2024
- Location
- South Plainfield, NJ, USA
- Phone
- 9082260821
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Goodwill Industries
Reported finances
- Revenue
- $140,478
- Expenses
- $120,588
- Assets
- $368,484
- Liabilities
- $12,310
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- HIREN CHOKSHI (VICE PRESIDENT)
- LEENA PARIKH (VICE PRESIDENT)
- VIRAL CHOKSHI (PRESIDENT)
- RASHESH DALAL (VICE PRESIDENT)
- YOGESH CHOKSI (VICE PRESIDENT)
People named in this filing
- CHIRAG SHETH (TRUSTEE)
- HIREN CHOKSHI (VICE PRESIDENT)
- LEENA PARIKH (VICE PRESIDENT)
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
Strive to pass family values on to our next generation through cultural programs and information sessions for the youth. Undertake senior care related activities like Manav Medi Help for uninsured or underinsured or provide health clinics for our seniors. Encourage education by granting achievement based
What it reported doing in 2024
Focused on Eductaion and Entertainment of Seniors along with cultural activity.Approximately 150 Senior Attend this events.
Operating model
- Revenue model
- Donor-supported. 95% of the money available for current operations came from contributions and gifts.
- Distribution model
- Member-benefit provider. The nonprofit used 100% of its reported program spending for member benefits.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 82
- Sustainability: 69
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.4%; rating input score 83
- Program expense ratio: 96.3%; rating input score 96
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 14.2%; rating input score 66; 66th percentile among comparable filings
- Total-asset coverage ratio: 3.06; rating input score 90; 90th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 33; 33rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 2.2% per year; rating input score 100; 37th percentile among comparable filings
- Revenue growth: 0.1% per year; rating input score 100; 22nd percentile among comparable filings
- Asset growth: 2.4% per year; rating input score 100; 35th percentile among comparable filings
Details
- Where the money goes: 83.4% of revenue deployed · 96.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $116K in reported program spending
- Leadership: top reported pay $0 · 15 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 11 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- Moderate — Sustainability: Liabilities to assets ratio scored 33/100.