AVAMAR FOUNDATION INC (EIN 273247081) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

FARID NAFFAH

Phone

3303727470

Tax Period

2023-01-01 to 2023-12-31

AVAMAR FOUNDATION INC, founded in 2010, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $440K in total revenue in fiscal year 2023. The organization ran a surplus of $400K, a strong 91% operating margin.

Mission

THE FOUNDATION CONDUCTS AN ANNUAL EVENT EACH YEAR TO RAISE MONEY FOR THE ELDERLY IN THE COMMUNITY TO HELP PAY FOR THEIR PRESCRIPTION MEDICATIONS. THE ANNUAL EVENT IS HELD AT CADOBAZ. THE ACTIVITIES FOR THE ANNUAL EVENT HAVE AND WILL CONTINUE TO CONSIST OF THE FOLLOWING: 1. ART EXHIBIT BY A RENOWNED ARTIST 2. DINING CATERED BY A LOCAL RESTAURANT 3. ENTERTAINMENT

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $486,212

Program Service Revenue $0

Investment Income $74

Other Revenue $-46,194

TOTAL REVENUE $440,092

Expense Breakdown

Grants Paid $31,682

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $31,682

Other Expenses $8,174

TOTAL EXPENSES $39,856

Year-over-Year Comparison

	2023	2022	Change
Revenue	$440,092	N/A	N/A
Expenses	$39,856	N/A	N/A
Net Income	$400,236	$0	N/A

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FARID NAFFAH	DIRECTOR	1.00	Officer Director	$0	$0	$0
BARBARA STEINBECK	TRUSTEE	1.00	Director	$0	$0	$0
MATTHEW BLAIR	TRUSTEE	1.00	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	No data	No data	No data	No data
2023	$440,092	$39,856	$659,240	$400,236

AVAMAR FOUNDATION INC