AL-SHIFA FOUNDATION OF NORTH AMERI… - Form 990 Financial Data

🔒

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

2000

Legal Domicile

Principal Officer

TAHIR ZAFAR

Phone

6092791400

Tax Period

2023-01-01 to 2023-12-31

AL-SHIFA FOUNDATION OF NORTH AMERICA, founded in 2000, is a small nonprofit in the International Affairs sector that reported $780K in total revenue in fiscal year 2023. Revenue surged 56% from the prior year, signaling strong growth momentum. Expenses of $738K left a modest 5% surplus.

Mission

TO SUPPORT AL-SHIFA TRUST EYE HOSPITALS AND THEIR PROJECTS IN PAKISTAN AND THE SURROUNDING REGION TO FIGHT ACUTE EYE DISEASES AND BLINDNESS. THE AIMS AND OBJECTIVES OF AL-SHIFA TRUST ARE PREVENTION AND CONTROL OF BLINDNESS BY PROVIDING STANDARD AND SUSTAINABLE EYE CARE SERVICES WHICH ARE ACCESSIBLE TO ALL; HUMAN RESOURCE DEVELOPMENT THROUGH TRAINING OF DOCTORS, NURSES AND PARAMEDICS; AND TO ESTABLISH FACILITIES FOR RESEARCH IN OPTHALMOLOGY. AL-SHIFA TRUST, RAWALPINDI HAS BEEN A COLLABORATING CENTER FOR THE WORLD HEALTH ORGANIZATION SINCE 1994 AND IS ALSO AFFILIATED WITH ORBIS INTERNATIONAL, USA, LIONS CLUB INTERNATIONAL USA AND OTHER.

Program Service Accomplishments

Program 1

Expenses: $705,275

DONATIONS TO AL-SHIFA TRUST, WHICH IS A NON-PROFIT AND NON-POLITICAL ORGANIZATION COMMITTED TO PROVIDING EYE CARE AND TREATMENT MAINLY TO THE UNDER PRIVILEGED AND POOR, IRRESPECTIVE OF...

DONATIONS TO AL-SHIFA TRUST, WHICH IS A NON-PROFIT AND NON-POLITICAL ORGANIZATION COMMITTED TO PROVIDING EYE CARE AND TREATMENT MAINLY TO THE UNDER PRIVILEGED AND POOR, IRRESPECTIVE OF AGE/COLOR/CREED/GENDER IN PAKISTAN AND SURROUNDING REGIONS. ALMOST 75% OF ALL PATIENTS ATTENDING AL-SHIFA EYE HOSPITALS ARE TREATED FREE, INCLUDING SERVICES SUCH AS VISION SCREENINGS, OUTPATIENT VISITS AND EYE SURGERIES. AL-SHIFA TRUST IS ABLE TO MEET ONLY 30-40% OF ITS EXPENSES FROM ITS OWN SOURCES. THE REMAINING EXPENSES ARE MET THROUGH DONATIONS. AL-SHIFA TRUST HAS BUILT FOUR HIGH-QUALITY EYE HOSPITALS IN RAWALPINDI (PUNJAB), MUZAFFARABAD, SUKKUR (SINDH) AND KOHAT (NWFP) WITH THE MOST MODERN FACILITIES AND EQUIPMENT. AL-SHIFA NORTH AMERICA FOUNDATION SUPPORTS AL-SHIFA TRUST BY EDUCATING THE PUBLIC ABOUT THE SERVICES PROVIDED BY AL-SHIFA TRUST AT SEVERAL ANNUAL FUNDRAISING DINNER EVENTS. THE PROCEEDS FROM THESE DINNERS GO TOWARDS PURCHASE OF CORNEAS FROM USA FOR TRANSPLANTS AT THE AL-SHIFA TRUST EYE HOSPITAL IN RAWALPINDI AS WELL AS SPONSORING OF FREE EYE SURGERIES AND EYE CAMPS FOR THE NEEDY PATIENTS.

🔒

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 $833,064

Program Service Revenue $0

Investment Income $0

Other Revenue $-53,220

TOTAL REVENUE $779,844

Expense Breakdown

Grants Paid $705,275

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $705,275

Other Expenses $32,388

TOTAL EXPENSES $737,663

Year-over-Year Comparison

	2023	2022	Change
Revenue	$779,844	$498,872	+0.6%
Expenses	$737,663	$472,808	+0.6%
Net Income	$42,181	$26,064	+0.6%

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
TAHIR ZAFAR	PRESIDENT	5.00	Officer Director	$0	$0	$0
DR NOSHIN AHMED	TREASURER/SECRETARY	4.00	Officer Director	$0	$0	$0
AFZAL AMANAT	DIRECTOR	0.50	Director	$0	$0	$0
MARIAM MUNAWER	DIRECTOR	1.00	Director	$0	$0	$0
DR IMTIAZ CHAUDHRY	VICE PRESIDENT	4.00	Officer 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	$779,844	$737,663	$357,360	$42,181
2022	$498,872	$472,808	$315,179	$26,064
2021	$333,370	$258,805	$289,115	$74,565
2020	$326,941	$353,092	$214,550	$-26,151
2019	$503,437	$494,934	$240,701	$8,503
2018	$383,412	$386,436	$232,198	$-3,024

AL-SHIFA FOUNDATION OF NORTH AMERICA