THAAKAT FOUNDATION (EIN 331212566) - 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

2008

Legal Domicile

Principal Officer

Uzma Bawany

Phone

8479463549

Tax Period

2024-01-01 to 2024-12-31

THAAKAT FOUNDATION, founded in 2008, is a small nonprofit in the International Affairs sector that reported $387K in total revenue in fiscal year 2019. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $366K left a modest 6% surplus.

Mission

Thaakat Foundation promotes a collaborative, people and planet friendly approach to fighting global poverty. Working in remote and underserved communities around the world, we rebuild broken health and education infrastructures to help transform the futures of those in need.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,281,468

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,281,468

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $42,621

Program Expenses $2,002,642

Other Expenses $2,109,642

TOTAL EXPENSES $2,109,642

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,281,468	$811,926	+1.8%
Expenses	$2,109,642	$1,002,461	+1.1%
Net Income	$171,826	$-190,535	-1.9%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Uzma Bawany	Executive Director	25	Director	$0	$0	$0
Haseeb Baig	Chief Financial Officer	10	Officer Director	$0	$0	$0
Nudrat Zoha	COO	10	Officer Director	$0	$0	$0
Priyanka Patel	Global Projects Officer	5	Officer Director	$0	$0	$0
Uzma Aijaz	Donor Impact Officer	5	Officer Director	$0	$0	$0
Mohsin Hussain	Chief Strategy Officer	5	Officer Director	$0	$0	$0
Faizan Bahrain	Chief Compliance Officer	5	Officer Director	$0	$0	$0
Saad Bawany	Director of Development and Programs	5	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	$2,281,468	$2,109,642	$269,898	$171,826
2023	$811,926	$1,002,461	$87,762	$-190,535
2023	No data	No data	No data	No data
2022	$982,660	$826,383	$278,298	$156,277
2021	$493,648	$477,971	$122,021	$15,677
2020	$439,329	$415,371	$106,344	$23,958
2019	$387,445	$365,516	$82,386	$21,929

THAAKAT FOUNDATION