BALAMAND EDUCATIONAL FOUNDATION INC

EIN: 043296470 501(c)(3) International Affairs

NORTHBOROUGH, MA

Total Revenue
$492,030
Total Expenses
$189,890
Total Assets
$5,769,022
Net Assets
$5,769,022
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Principal Officer
FAWAZ EL KHOURY
Phone
8007133015
Tax Period
2024-01-01 to 2024-12-31

BALAMAND EDUCATIONAL FOUNDATION INC is a small nonprofit in the International Affairs sector that reported $492K in total revenue in fiscal year 2024. Revenue surged 165% from the prior year, signaling strong growth momentum. The organization ran a surplus of $302K, a strong 61% operating margin.

Mission

TO PROVIDE FUNDING FOR EDUCATIONAL INSTITUTIONS IN DEVELOPING COUNTRIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,795
Program Service Revenue $0
Investment Income $489,235
Other Revenue $0
TOTAL REVENUE $492,030

Expense Breakdown

Grants Paid $170,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $170,000
Other Expenses $19,890
TOTAL EXPENSES $189,890

Year-over-Year Comparison

2024 2023 Change
Revenue $492,030 $185,829 +1.6%
Expenses $189,890 $33,758 +4.6%
Net Income $302,140 $152,071 +1.0%
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
13
Independent Members
13
Employees
N/A
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
DR ELIAS WARRAK Director 0.50
Director
$0 $0 $0
DR HENRY WARD Director 0.50
Director
$0 $0 $0
NELSON EZEN ESQUIRE Director 0.50
Director
$0 $0 $0
SALIM ABBOUD Director 0.50
Director
$0 $0 $0
DR IBRAHIM EID Director 0.50
Director
$0 $0 $0
DR MARSEL HURIBAL Director 0.50
Director
$0 $0 $0
DR LAILA KOBROSSY AUDI Director 0.50
Director
$0 $0 $0
JACQUES NADER Director 0.50
Director
$0 $0 $0
DR ANTHONY TANNOURY Director 0.50
Director
$0 $0 $0
ADIB KHOZAMY Director 0.50
Director
$0 $0 $0
WALID CHALHOUB Director 0.50
Director
$0 $0 $0
DR ELIAS AROUS President 1.00
Officer
$0 $0 $0
FAWAZ EL KHOURY Treasurer 1.00
Officer
$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 $492,030 $189,890 $5,769,022 $302,140
2023 $185,829 $33,758 $5,306,582 $152,071
2022 $344,516 $311,059 $4,570,353 $33,457
2021 $455,892 $164,702 $5,797,001 $291,190
2020 $490,804 $203,535 $5,173,999 $287,269
2019 $257,129 $225,304 $4,749,426 $31,825
2018 $296,503 $186,402 $4,130,486 $110,101
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