FOUNDATION FOR SELF LEADERSHIP

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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

2007

Legal Domicile

Principal Officer

TOUFIC HAKIM

Phone

9083088531

Tax Period

2023-01-01 to 2023-12-31

FOUNDATION FOR SELF LEADERSHIP, founded in 2007, is a small nonprofit in the Education sector that reported $396K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $510K exceeded revenue, resulting in a 29% operating deficit.

Mission

SEE STATEMENTTHE FOUNDATION FOR SELF LEADERSHIP'S PURPOSE IS TO FOSTER GREATER EMOTIONAL,RELATIONAL AND SOCIETAL HEALING AND WELLBEING - LEADING TO A MORE PEACEFUL WORLD - THROUGH THE PRACTICE OF SELF LEADERSHIP AS IDENTIFIED BY IFS. THE FOUNDATION FUNDS INDEPENDENT, SCIENTIFIC RESEARCH OF THE EFFICACY OF IFS FOR PTSD, SUBSTANCE ABUSE AND OTHER CONDITIONS, AND IN DIFFERENT SETTINGS. THE FOUNDATION INCUBATES INNOVATIVE APPLICATIONS OF THE IFS MODEL IN VARIOUS SOCIETAL CONTEXTS (E.G., K12 SCHOOLS, ACTIVE DUTY MILITARY AND VETERANS, MARGINALIZED COMMUNITIES) AND EXPLORES APPLICATIONS IN PROFESSIONAL SETTINGS (E.G., LAW, MEDICINE, BUSINESS, FINANCE). THE FOUNDATION'S OPERATION AND PROGRAMS ARE ENTIRELY FUNDED BY CHARITABLE GIVING FROM MEMBERS OF THE EXTENDED IFS COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $151,375

FUNDED THE FIRST PHASE OF A RANDOMIZED CLINICAL TRIAL (RCT) TO EXAMINE THE EFFECTS OF IFS PROTOCOLS IN TREATING INDIVIDUALS EXPERIENCING COMPLEX PTSD. THIS ONGOING, INDEPENDENT STUDY IS BEING...

FUNDED THE FIRST PHASE OF A RANDOMIZED CLINICAL TRIAL (RCT) TO EXAMINE THE EFFECTS OF IFS PROTOCOLS IN TREATING INDIVIDUALS EXPERIENCING COMPLEX PTSD. THIS ONGOING, INDEPENDENT STUDY IS BEING CONDUCTED AT THE CAMBRIDGE HEALTH ALLIANCE (MA) COMMUNITY MENTAL HEALTH CENTER, LED BY FACULTY FROM THE HARVARD MEDICAL SCHOOL DEPARTMENT OF PSYCHIATRY.

Program 2

Expenses: $118,029

LAUNCHED THE IFS LEADERSHIP FELLOWS PROGRAM TO ADVANCE OUR VISION OF A WORLD WITH GREATER RACIAL AND SOCIAL EQUITY AND JUSTICE. THE FIRST COHORT OF HIGHLY-QUALIFIED AND DIVERSE FELLOWS WERE ALREADY (INTERESTED IN) MAKING A SIGNIFICANT DIFFERENCE IN THEIR COMMUNITY, AGENCY OR ORGANIZATION. IN 2022, THEY RECEIVED SUPPORT TO DEEPEN THEIR CAPACITY FOR FACILITATING CHANGE AND HEALING, INCLUDING LEVEL I IFS TRAINING AT THE IFS INSTITUTE.

Program 3

Expenses: $178,254

ADVOCATED FOR THE PARADIGM OF INTERNAL FAMILY SYSTEMS (IFS), DEDICATING EXTENSIVE HUMAN RESOURCES, AND RELATIVELY MODEST FISCAL RESOURCES, BY REPLACING AN EXISTING PRINT MAGAZINE WITH A NEW...

ADVOCATED FOR THE PARADIGM OF INTERNAL FAMILY SYSTEMS (IFS), DEDICATING EXTENSIVE HUMAN RESOURCES, AND RELATIVELY MODEST FISCAL RESOURCES, BY REPLACING AN EXISTING PRINT MAGAZINE WITH A NEW OPEN-ACCESS ONLINE MAGAZINE, PARTSANDSELF.ORG.

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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 $395,210

Program Service Revenue $0

Investment Income $391

Other Revenue $540

TOTAL REVENUE $396,141

Expense Breakdown

Grants Paid $143,052

Salaries & Benefits $186,079

Fundraising Expenses $0

Program Expenses $447,658

Other Expenses $180,949

TOTAL EXPENSES $510,080

Year-over-Year Comparison

	2023	2022	Change
Revenue	$396,141	$318,071	+0.2%
Expenses	$510,080	$452,547	+0.1%
Net Income	$-113,939	$-134,476	-0.2%

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

$105,000

Total Directors