FARAJA FUND FOUNDATION

EIN: 205954310 501(c)(3) Philanthropy & Grantmaking

GLENVIEW, IL

Total Revenue
$1,241,354
Total Expenses
$759,063
Total Assets
$2,130,969
Net Assets
$2,130,969
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Principal Officer
David Tolmie
Phone
8472204689
Tax Period
2024-01-01 to 2024-12-31

FARAJA FUND FOUNDATION is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.2M in total revenue in fiscal year 2024. The organization ran a surplus of $482K, a strong 39% operating margin.

Mission

The mission of the Faraja Fund Foundation is to provide opportunity, hope, and health for children with physical disabilities in Tanzania. It does this primarily by funding the Faraja Primary School, which offers education, health care, and physical therapy, and through the new Faraja Forward initiative, which extends community health and support programs into more remote villages. The ultimate goal is to empower graduates to become self-sufficient adults who can contribute to their families and communities.

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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 $1,137,259
Program Service Revenue $0
Investment Income $103,095
Other Revenue $1,000
TOTAL REVENUE $1,241,354

Expense Breakdown

Grants Paid $536,584
Salaries & Benefits $129,600
Fundraising Expenses $77,760
Program Expenses $578,225
Other Expenses $92,879
TOTAL EXPENSES $759,063

Year-over-Year Comparison

2024 2023 Change
Revenue $1,241,354 N/A N/A
Expenses $759,063 N/A N/A
Net Income $482,291 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
25

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
3
$0
Total Directors
10
$129,600
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jeryl Levin Executive Dir. 0.00
Director
$129,600 $0 $129,600
Jean Ellis Board Member 40.00
Director
$0 $0 $0
David Tolmie Chairman 0.00
Officer Director
$0 $0 $0
John Tolmie Vice President 0.00
Officer Director
$0 $0 $0
Debbie Swanson Director 0.00
Director
$0 $0 $0
Paul Tolmie Treasurer 0.00
Director
$0 $0 $0
David Vermylen Vice President 0.00
Officer Director
$0 $0 $0
Patricia Bosse Director 0.00
Director
$0 $0 $0
Mitch Engel Director 0.00
Director
$0 $0 $0
Clint Roberts Director 0.00
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 $1,241,354 $759,063 $2,130,969 $482,291
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