NEAR EAST FOUNDATION (EIN 131624114) - Form 990 Financial Analysis & Trantor Score

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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

1930

Legal Domicile

Principal Officer

JOHN ASHBY

Phone

3154288670

Tax Period

2023-07-01 to 2024-06-30

NEAR EAST FOUNDATION, founded in 1930, is a mid-sized nonprofit in the International Affairs sector that reported $26.9M in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.3M, a strong 20% operating margin.

Mission

THE NEAR EAST FOUNDATION HELPS BUILD MORE SUSTAINABLE, PROSPEROUS, AND INCLUSIVE COMMUNITIES IN THE MIDDLE EAST AND AFRICA THROUGH EDUCATION, COMMUNITY ORGANIZATION, AND ECONOMIC DEVELOPMENT.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $26,429,362

Program Service Revenue $0

Investment Income $651,770

Other Revenue $-199,499

TOTAL REVENUE $26,881,633

Expense Breakdown

Grants Paid $1,219,708

Salaries & Benefits $8,424,591

Fundraising Expenses $748,124

Program Expenses $19,680,457

Other Expenses $11,902,741

TOTAL EXPENSES $21,547,040

Year-over-Year Comparison

	2023	2022	Change
Revenue	$26,881,633	$20,135,222	+0.3%
Expenses	$21,547,040	$19,135,786	+0.1%
Net Income	$5,334,593	$999,436	+4.3%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$584,333

Total Directors

$276,721

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHANT MARDIROSSIAN	DIRECTOR	1.00	Director	$0	$0	$0
HAIG MARDIKIAN	DIRECTOR	1.00	Officer Director	$0	$0	$0
JOHNSON GARRETT	SECRETARY	1.00	Officer Director	$0	$0	$0
LINDA JACOBS	DIRECTOR	1.00	Director	$0	$0	$0
MONA ERAIBA	TREASURER	1.00	Officer Director	$0	$0	$0
JOHN ASHBY	CEO, PRESIDENT	40.00	Officer Director	$254,423	$22,298	$276,721
CAROL B ASLANIAN	DIRECTOR	1.00	Director	$0	$0	$0
JEFFREY HABIB	DIRECTOR	1.00	Director	$0	$0	$0
NINA BOGOSIAN QUIGLEY	CHAIR	1.00	Director	$0	$0	$0
RANA GILLMON	VICE CHAIR	1.00	Director	$0	$0	$0
EMILY ROSENBERG	DIRECTOR	1.00	Director	$0	$0	$0
SEBOUH NAHABEDIAN	DIRECTOR	1.00	Director	$0	$0	$0
LIZ ASLANIAN LORENZONI	DIRECTOR	1.00	Director	$0	$0	$0
ELIAS HABAYEB	DIRECTOR	1.00	Director	$0	$0	$0
SIMONA CECI	CO-PRESIDENT, RESIGNED 12/31/2023	40.00	Officer	$282,928	$24,684	$307,612
RABIH YAZBECK	VICE PRESIDENT OF PROGRAMS	1.00	Highest	$0	$20,861	$186,547
JUSTIN PRITCHARD	ASSOCIATE VP OF FINANCE	40.00	Highest	$130,043	$25,979	$156,022
LEZLIE BLASKI	DIRECTOR OF HUMAN RESOURCE	40.00	Highest	$134,662	$10,749	$145,411
JENNIFER ABDELLA	PROGRAM DIRECTOR	40.00	Highest	$122,647	$11,719	$134,366

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
2025	No data	No data	No data	No data
2024	$26,881,633	$21,547,040	$29,810,090	$5,334,593
2023	$20,135,222	$19,135,786	$28,515,069	$999,436
2022	$15,526,282	$15,527,457	$16,218,674	$-1,175
2021	$17,064,454	$16,685,602	$10,936,502	$378,852
2020	$12,936,380	$13,385,120	$9,542,171	$-448,740
2019	$16,989,876	$16,511,368	$11,259,076	$478,508
2018	$16,129,078	$16,168,594	$9,136,077	$-39,516

NEAR EAST FOUNDATION