CHARITY WAY FOUNDATION

EIN: 411983021 501(c)(3) International Affairs

BLAINE, MN

Total Revenue
$660,306
Total Expenses
$600,470
Total Assets
$198,493
Net Assets
$198,493
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
MN
Principal Officer
TANVEER ZUBAIR
Phone
5072533978
Tax Period
2023-01-01 to 2023-12-31

CHARITY WAY FOUNDATION, founded in 2000, is a small nonprofit in the International Affairs sector that reported $660K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $600K left a modest 9% surplus.

Mission

MEDICAL ASSISTANCE, EDUCATION, ASSISTANCE FOR WIDOWS AND THE ELDERLY, AND HOUSING ASSISTANCE IS PROVIDED TO THE POOR OF INDIA. THE ORGANIZATION WILL GET FINANCIAL SUPPORT FROM PEOPLE OF SUB-CONTINENT ORGIN WHO WISH TO SEE BETTER CONDITIONS FOR PEOPLE OF THEIR FORMER COUNTRY OF CITIZENSHIP THIS ACTIVITY IS SUBSTANTIALLY RELATED TO THE EXERCISE OR PERFORMANCE OF THE PURPOSE OR FUNCTION THAT IS THE BASIS OF THE ORGANIZATIONAL EXEMPTION. WORK DONE IN INDIA & PAKISTAN. MEDICAL ASSISTANCE PROVIDED FOR THE POOR OF PAKISTAN.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $660,122
Program Service Revenue $0
Investment Income $184
Other Revenue $0
TOTAL REVENUE $660,306

Expense Breakdown

Grants Paid $600,125
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $600,125
Other Expenses $345
TOTAL EXPENSES $600,470

Year-over-Year Comparison

2023 2022 Change
Revenue $660,306 $545,531 +0.2%
Expenses $600,470 $719,018 -0.2%
Net Income $59,836 $-173,487 -1.3%
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

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Liquidity & Cash Position

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

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Governance

Voting Members
5
Independent Members
5
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
0
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TANVEER ZUBAIR DIRECTOR 8.00
Director
$0 $0 $0
NABEELA ZUBAIR EXECUTIVE DI 5.00
Director
$0 $0 $0
SHAHAB AFREEN BOARD MEMBER 1.00
Director
$0 $0 $0
YOUSUF SAIFULLAH BOARD MEMBER 1.00
Director
$0 $0 $0
ANEES AHMAD BOARD MEMBER 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 $660,306 $600,470 $198,493 $59,836
2022 $545,531 $719,018 $138,657 $-173,487
2021 $601,924 $498,026 $312,144 $103,898
2020 $558,235 $520,727 $208,246 $37,508
2019 $402,326 $454,678 $170,738 $-52,352
2018 $385,470 $388,142 $223,090 $-2,672
2017 $406,670 $469,744 $225,762 $-63,074
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