CHICAGO, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
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.
Building Leaders: Our programs empowering refugee youth and parents to create multiple pathways to leadership. From Innovative Education initiatives for refugee teens to awareness programs for...
Building Leaders: Our programs empowering refugee youth and parents to create multiple pathways to leadership. From Innovative Education initiatives for refugee teens to awareness programs for mothers and fathers, our programs are designed to provide all-encompassing support. We respond to the barriers that Syrian refugees face by relieving burdens now, as well as allowing for opportunities to build for the future. Transforming Communities: Investing in the health and resilience of refugee Syrian families around the world allows them to thrive and become proactive community members. From targeted support to newly-settled refugees to emergency relief in times of crisis, we ensure that no families are rendered victims to their circumstances.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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 |
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