KARAM FOUNDATION (EIN 371548241) - 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

2007

Legal Domicile

Principal Officer

Rula Jamous

Phone

2245449411

Tax Period

2024-01-01 to 2024-12-31

KARAM FOUNDATION, founded in 2007, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.8M in total revenue in fiscal year 2024. Revenue fell 61% from the prior year — a significant decline worth monitoring. Expenses of $3.8M exceeded revenue, resulting in a 113% operating deficit.

Mission

KARAM FOUNDATION IS DEDICATED TO HELP PEOPLE HELP THEMSELVES. WE SEEK TO RESTORE THE DIGNITY AND QUALITY OF LIFE FOR PEOPLE AFFECTED BY CONFLICT BY ELIMINATING BARRIERS TO SUCCESS THROUGH INNOVATIVE EDUCATION, ENTREPRENEURIAL DEVELOPMENT, AND COMMUNITY-DRIVEN AID.

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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 $1,760,516

Program Service Revenue $0

Investment Income $29,675

Other Revenue $3,491

TOTAL REVENUE $1,793,682

Expense Breakdown

Grants Paid $1,322,165

Salaries & Benefits $1,605,928

Fundraising Expenses $421,059

Program Expenses $2,997,842

Other Expenses $894,287

TOTAL EXPENSES $3,822,380

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,793,682	$4,562,837	-0.6%
Expenses	$3,822,380	$3,747,655	+0.0%
Net Income	$-2,028,698	$815,182	-3.5%

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

$326,319

Total Directors

$219,184

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lina Sergie Attar	CEO	40.00	Officer Director	$121,924	$6,037	$127,961
Demetri Fadel	CSO	40.00	Officer	$105,057	$2,078	$107,135
Rula Jamous	Treas.& Dr.Fin.	40.00	Officer Director	$91,223	$0	$91,223
Rasha Mansouri	Chairman	8.00	Officer Director	$0	$0	$0
Mamak Shahbazi	Vice Chairman	8.00	Officer Director	$0	$0	$0
Razan Massarani	Director	4.00	Director	$0	$0	$0
Heba AL Ayouby	Director	4.00	Director	$0	$0	$0
Omar Salem	Director	4.00	Director	$0	$0	$0
Sharad Samy	Director	4.00	Director	$0	$0	$0
Anna Nolan	Director	4.00	Director	$0	$0	$0
Sarah Rahman	Director	4.00	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	$1,793,682	$3,822,380	$2,819,480	$-2,028,698
2024	No data	No data	No data	No data
2023	$4,562,837	$3,747,655	$4,865,239	$815,182
2022	$2,411,217	$2,783,885	$4,151,416	$-372,668
2021	$2,840,038	$2,549,014	$4,231,584	$291,024
2020	$3,331,354	$3,049,197	$4,060,202	$282,157
2019	$5,209,260	$3,723,554	$3,780,162	$1,485,706
2018	$3,119,259	$3,821,060	$2,265,445	$-701,801

KARAM FOUNDATION