AL-BUSTAN SEEDS OF CULTURE

EIN: 030502955 501(c)(3) Arts, Culture & Humanities

Philadelphia, PA

Total Revenue
$506,832
Total Expenses
$635,031
Total Assets
$796,057
Net Assets
$776,488
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
PA
Tax Period
2023-01-01 to 2023-12-31

AL-BUSTAN SEEDS OF CULTURE, founded in 2003, is a small nonprofit in the Arts, Culture & Humanities sector that reported $507K in total revenue in fiscal year 2023. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $635K exceeded revenue, resulting in a 25% operating deficit.

Mission

Al-Bustan Seeds of Culture offers artistic and educational programming that enriches understanding and celebrates diversity, while supporting the pursuit and affirmation of Arab American cultural identity and playing a constructive civic role within broader American Society.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $457,390
Program Service Revenue $45,296
Investment Income $3,930
Other Revenue $216
TOTAL REVENUE $506,832

Expense Breakdown

Grants Paid $0
Salaries & Benefits $300,162
Fundraising Expenses $27,620
Program Expenses $469,817
Other Expenses $334,869
TOTAL EXPENSES $635,031

Year-over-Year Comparison

2023 2022 Change
Revenue $506,832 $816,516 -0.4%
Expenses $635,031 $663,497 0.0%
Net Income $-128,199 $153,019 -1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
12
Independent Members
12
Employees
10
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MOHANNAD GHAWANMEH EXECUTIVE DIRECTOR 40.00
$73,150 $0 $73,150
LISA VOLTA-ZALLOUM INTERIM EXECUTIVE DIRECTOR 40.00
Director
$0 $0 $0
BETSY MESARD BOARD MEMBER 0.50
Director
$0 $0 $0
LAMIA BARAKAT MEMBER 0.50
Director
$0 $0 $0
ALEXANDRIA KHALIL MEMBER 0.50
Director
$0 $0 $0
MARTYN J MILLER MEMBER 0.50
Director
$0 $0 $0
EMILY NEUMEIER BOARD MEMBER 0.50
Director
$0 $0 $0
IKRAM MASMOUDI SECRETARY 0.50
Director
$0 $0 $0
JOHN GHAZVINIAN BOARD MEMBER 0.50
Director
$0 $0 $0
ALEXA FIRAT BOARD MEMBER 0.50
Director
$0 $0 $0
LISA DENBERRY TREASURER 0.50
Officer Director
$0 $0 $0
REGINA MORGAN CHAIR 0.50
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $506,832 $635,031 $796,057 $-128,199
2022 $816,516 $663,497 $950,504 $153,019
2022 $1,037,817 $651,757 $1,255,914 $386,060
2021 $807,218 $483,096 $854,485 $324,122
2020 $675,261 $499,795 $529,977 $175,466
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