Civic Intelligence

Maina Foundation Incorporated

EIN 74-3231404 • 501(c)3 • Old Lyme, CT

Profile

Increase breast cancer awareness, early screening and diagnosis of breast cancer and work with the hospitals to help economically disadvantaged patients with cancer treatment.

8 Peppermint RidgeOld Lyme, CT 06371

mainafoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

38th percentile

-3.8%

Higher net margin than 38% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

57th percentile

1.6%

Faster asset growth than 57% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2025

Revenue Growth

77th percentile

28%

Faster revenue growth than 77% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2025

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$74,403

Down $2,739 (-3.6%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Down

$74,403

Down $2,739 (-3.6%) from 2024

Operations
Liabilities / Revenue61st percentileNet Margin38th percentile

Revenue

Up

$71,163

Up $10,707 (+18%) from 2024

Expenses

Up

$73,902

Up $18,540 (+33%) from 2024

Net Income

Down

-$2,739

Down $7,833 (-154%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth57th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2018: $19,220Liabilities 2018: $0Net Assets 2018: $19,2202018Assets 2019: $48,023Liabilities 2019: $0Net Assets 2019: $48,0232019Assets 2020: $54,705Liabilities 2020: $0Net Assets 2020: $54,7052020Assets 2021: $80,389Liabilities 2021: $0Net Assets 2021: $80,3892021Assets 2022: $66,388Liabilities 2022: $0Net Assets 2022: $66,3882022Assets 2023: $72,048Liabilities 2023: $0Net Assets 2023: $72,0482023Assets 2024: $77,142Liabilities 2024: $0Net Assets 2024: $77,1422024Assets 2025: $74,403Liabilities 2025: $0Net Assets 2025: $74,4032025

Highlighted filing

2025

Assets$74,403
Liabilities$0
Net Assets$74,403
Open 2025 Filing

Operations Trend

Revenue Growth77th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2018: $129,075Expenses 2018: $141,064Net Income 2018: -$11,9892018Revenue 2019: $132,844Expenses 2019: $104,041Net Income 2019: $28,8032019Revenue 2020: $34,084Expenses 2020: $27,402Net Income 2020: $6,6822020Revenue 2021: $35,478Expenses 2021: $9,794Net Income 2021: $25,6842021Revenue 2022: $68,333Expenses 2022: $82,334Net Income 2022: -$14,0012022Revenue 2023: $43,443Expenses 2023: $37,783Net Income 2023: $5,6602023Revenue 2024: $60,456Expenses 2024: $55,362Net Income 2024: $5,0942024Revenue 2025: $71,163Expenses 2025: $73,902Net Income 2025: -$2,7392025

Highlighted filing

2025

Revenue$71,163
Expenses$73,902
Net Income-$2,739
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$74,403
Liabilities
$0
Net assets
$74,403
Revenue
$71,163
Expenses
$73,902
Net income
-$2,739
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$0.71$0.74$0.03
2024Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$0.60$0.55$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.72$0.43$0.38$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.66$0.00$0.66$0.68$0.82$0.14
2021Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.35$0.10$0.26
2020Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$0.34$0.27$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$1.33$1.04$0.29
2018Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$1.29$1.41$0.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Jan 28, 2026
Return Version
2025v4.0
Gross Receipts
$71,163
Mission and Program Overview

Mission

Increase breast cancer awareness, early screening and diagnosis of breast cancer and work with the hospitals to help economically disadvantaged patients with cancer treatment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$50,219$45,521▼ $4,698
Savings and Temporary Cash Investments$26,923$27,874▲ $951
Prepaid Expenses and Deferred Charges-$1,008-
Total Assets$77,142$74,403▼ $2,739
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$77,142$74,403▼ $2,739
Total Net Assets Fund Balance$77,142$74,403▼ $2,739
Total Liabilities and Net Assets / Fund Balance$77,142$74,403▼ $2,739
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Alka ShrikhandePresident
Dr Manju SoniDirector of
Natalie SambamurthyDirector of
Beth SullivanTrustee
Dr Adesh SaxenaTrustee
Dr David SchulzTrustee
Dr Suresh GuptaTrustee
Mark N SavoyeTrustee
Maya PanditTrustee
Nivi PanwalkerTrustee
Dr Sujata KulkarniSecretary
Dr Kartik ViswanathanTreasurer
Dr Beth ThurbergVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$70,118
Program Service Revenue
$0
Investment Income
$1,045
Other Revenue
$0
All Other Contributions
$70,118
Change in Net Assets
$-2,739
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$67,100
Other Expenses$6,802
Total Fundraising Expense$485
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$53,600--$53,600
Grants to Domestic Orgs$13,500--$13,500
Insurance-$1,774-$1,774
Fees for Services Accounting-$1,350-$1,350
Advertising$398--$398
All Other Expenses-$76-$76
Other Expenses$1,818$60$485$60
Total Functional Expenses$69,316$4,101$485$73,902
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Metropolitan HospitalNew York, NY-Breast Health Center$7,000
Backus HospitalNorwich, CT-Breast Cancer Patien$6,500

International Summary

Spending
$53,600

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
IndiaGrants to HospitalBreast Cancer Screen--$53,600
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Form 990 is approved by the board before filing.”

Form 990, Page 6, Part VI, Line 12C

“Conflict of interest statement is submitted by the board members annually.”

Form 990, Page 6, Part VI, Line 19

“The organization's form 990 and governing documents including the by-laws and conflict of interest policy are made avaible to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Maina Foundation Incorporated
EIN
74-3231404
Phone
8604343984
Address
8 PEPPERMINT RIDGE, OLD LYME, CT 06371

Signing Officer

Name
Alka Shrikhande
Title
President
Phone
8602277084
Signed
2026-01-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alka Shrikhande
Formed
2007
Legal Domicile
Ct
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
5

Preparer

Firm
Hoyt Filippetti & Malaghan LLC
Address
1041 POQUONNOCK RD, GROTON, CT 06340-4211
Preparer
Dipti J Shah
Phone
8605369685
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt035178
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0274231
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0977
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03442
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0300
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0900
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0900
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IRS990ScheduleA/PublicSupportCY170Pct00.59380
IRS990ScheduleA/PublicSupportPY170Pct00.71970
IRS990ScheduleA/PublicSupportTotal170Amt0165416
IRS990ScheduleA/SubstantialContributorsTotAmt0108815
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt070118
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt058136
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt042466
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt068333
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt035178
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0274231
IRS990ScheduleA/TotalSupportAmt0278573
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE F, PAGE 1, PART I, LINE 3
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1BACKUS HOSPITAL
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01901 FIRST AVENUE
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IRS990ScheduleI/RecipientTable/USAddress/CityNm1NORWICH
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS APPROVED BY THE BOARD BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICT OF INTEREST STATEMENT IS SUBMITTED BY THE BOARD MEMBERS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S FORM 990 AND GOVERNING DOCUMENTS INCLUDING THE BY-LAWS AND CONFLICT OF INTEREST POLICY ARE MADE AVAIBLE TO THE PUBLIC UPON REQUEST.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08 PEPPERMINT RIDGE
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ALKA SHRIKHANDE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08602277084
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-01-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MAINA FOUNDATION INCORPORATED
ReturnHeader/Filer/BusinessNameControlTxt0MAIN
ReturnHeader/Filer/EIN0743231404
ReturnHeader/Filer/PhoneNum08604343984
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201696994
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HOYT FILIPPETTI & MALAGHAN LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01041 POQUONNOCK RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GROTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT

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