THE CITIZENS FOUNDATION USA

🔒

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

2002

Legal Domicile

Principal Officer

FARAZ KHAN

Phone

9723755227

Tax Period

2024-01-01 to 2024-12-31

THE CITIZENS FOUNDATION USA, founded in 2002, is a mid-sized nonprofit in the Human Services sector that reported $21.7M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $20.0M left a modest 8% surplus.

Mission

TCF-USA PROVIDES QUALITY EDUCATION FOR UNDERPRIVILEGED CHILDREN IN PAKISTAN. THE GOAL IS TO BUILD CIVIL SOCIETY AND PROMOTE GENDER EQUALITY. AN ALL-FEMALE FACULTY ENCOURAGES PARENTS TO ENROLL THEIR GIRLS, WHILE SIMULTANEOUSLY CREATING EMPLOYMENT OPPORTUNITIES AS TEACHERS AND PRINCIPALS FOR THOUSANDS OF WOMEN. TCF GRADUATES ARE PROVIDED SUPPORT FOR COLLEGE AND VOCATIONAL TRAINING.

Program Service Accomplishments

Program 1

Expenses: $13,985,977

ANNUAL OPERATING EXPENSES OF SCHOOLS:IN 2024, TCF-USA PROVIDED OPERATIONAL SUPPORT FOR 534 TCF SCHOOLS. THIS SUPPORT ENABLED THE PROVISION OF QUALITY EDUCATION TO UNDERPRIVILEGED CHILDREN ACROSS...

ANNUAL OPERATING EXPENSES OF SCHOOLS:IN 2024, TCF-USA PROVIDED OPERATIONAL SUPPORT FOR 534 TCF SCHOOLS. THIS SUPPORT ENABLED THE PROVISION OF QUALITY EDUCATION TO UNDERPRIVILEGED CHILDREN ACROSS PAKISTAN. OPERATIONAL EXPENSES COVERED THE EFFECTIVE FUNCTIONING OF SCHOOLS, INCLUDING SALARIES FOR PRINCIPALS, TRAINED TEACHERS, AND ADMINISTRATIVE STAFF. FUNDING ALSO SUPPORTED TRANSPORTATION SERVICES, PARTICULARLY FOR FEMALE TEACHERS, SERVING IN REMOTE AND UNDERSERVED AREAS. ADDITIONALLY, HIGHER EDUCATION SCHOLARSHIPS TOTALING $1.33 MILLION WERE AWARDED TO GRADUATING TCF STUDENTS TO ENABLE THEM TO PURSUE DEGREES IN VARIED FIELDS SUCH AS JOURNALISM, BUSINESS, ENGINEERING, MEDICINE AND HEALTH CARE.

Program 2

Expenses: $3,311,989

CAMPUS CONSTRUCTION: THIS YEAR TCF-USA FUNDED THE CONSTRUCTION OF 17 NEW PRIMARY AND SECONDARY SCHOOL UNITS IN IMPOVERISHED RURAL AND URBAN COMMUNITIES IN PAKISTAN. EACH NEW CAMPUS ACCOMMODATES UP TO 180 STUDENTS, SIGNIFICANTLY EXPANDING ACCESS TO EDUCATION FOR UNDERPRIVILEGED COMMUNITIES. ADDITIONALLY, EIGHT SCHOOLS WERE CONVERTED TO SOLAR ENERGY, CONTRIBUTING TO LONG-TERM ENVIRONMENTAL SUSTAINABILITY AND REDUCED OPERATING COSTS.

Program 3

Expenses: $420,522

ENDOWMENTS FOR FUTURE OPERATION OF SCHOOLS: IN 2024, TCF-USA CONTRIBUTED $396,968 TOWARD THE ENDOWMENT OF TCF-BUILT SCHOOLS IN PAKISTAN. THESE FUNDS ENSURE THE LONG-TERM FINANCIAL SUSTAINABILITY OF SCHOOL OPERATIONS, HELPING MAINTAIN QUALITY EDUCATION FOR UNDERPRIVILEGED CHILDREN YEAR AFTER YEAR. ENDOWMENT INCOME SUPPORTS RECURRING OPERATIONAL EXPENSES, REDUCING RELIANCE ON FUTURE FUNDRAISING.IN ADDITION TO SCHOOL OPERATIONS, TCF-USA HAS ALSO ESTABLISHED ENDOWMENTS FOR SCHOLARSHIPS TO SUPPORT THE HIGHER EDUCATION OF TCF ALUMNI. THESE SCHOLARSHIP ENDOWMENTS HELP DESERVING GRADUATES PURSUE UNIVERSITY AND PROFESSIONAL DEGREES, EXTENDING THE ORGANIZATION'S IMPACT BEYOND SECONDARY EDUCATION.TCF-USA SUPPORTS STRATEGIC PROJECTS AND PROGRAMS THAT ENHANCE THE LEARNING ENVIRONMENT AND IMPROVE COMMUNITY WELL-BEING. THESE INCLUDE PUBLIC-PRIVATE PARTNERSHIP INITIATIVES, INSTALLATION OF SOLAR PANELS TO REDUCE ENERGY COSTS AND ENVIRONMENTAL IMPACT, AND THE DEVELOPMENT OF WATER FILTRATION PLANTS AT SCHOOL SITES. NOTABLY, IN THE CASE OF WATER PLANTS, BOTH STUDENTS AND SURROUNDING COMMUNITY MEMBERS BENEFIT FROM ACCESS TO CLEAN DRINKING WATER.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $21,435,979

Program Service Revenue $0

Investment Income $267,165

Other Revenue $0

TOTAL REVENUE $21,703,144

Expense Breakdown

Grants Paid $17,599,621

Salaries & Benefits $1,199,102

Fundraising Expenses $1,846,513

Program Expenses $17,718,488

Other Expenses $1,242,537

TOTAL EXPENSES $20,041,260

Year-over-Year Comparison

	2024	2023	Change
Revenue	$21,703,144	$18,303,365	+0.2%
Expenses	$20,041,260	$17,954,324	+0.1%
Net Income	$1,661,884	$349,041	+3.8%

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

Volunteers

378

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

$314,028

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MASOOMA BHAIWALA	DIRECTOR	2.00	Director	$0	$0	$0
JAWAID EKRAM	DIRECTOR	10.00	Director	$0	$0	$0
HAROON ISMAIL	DIRECTOR	2.00	Director	$0	$0	$0
ABDULLAH JAFARI	DIRECTOR	40.00	Director	$0	$0	$0
EJAZ A SHAMEEM	DIRECTOR	2.00	Director	$0	$0	$0
SHIMMI KIDWAI	DIRECTOR (THRU 09/24)	10.00	Director	$0	$0	$0
KASHMALA SHARIF	DIRECTOR	2.00	Director	$0	$0	$0
DR ADIL NAJAM	DIRECTOR	2.00	Director	$0	$0	$0
SALMAN ZAFAR	DIRECTOR	2.00	Director	$0	$0	$0
SOHAIB ANSWER	DIRECTOR	4.00	Director	$0	$0	$0
ZOHAIR RASHID	DIRECTOR	2.00	Director	$0	$0	$0
ARIF GAFUR	PRESIDENT/DIRECTOR	40.00	Officer Director	$0	$0	$0
HAJI VALI MODY	DIRECTOR/SECRETARY	4.00	Officer Director	$0	$0	$0
FARRI FARAZ KHAN	TREASURER/DIRECTOR	4.00	Officer Director	$0	$0	$0
SYED SALMAN HASAN	CEO	40.00	Officer	$153,600	$0	$153,600
FAKHIA RASHID	COO/DIRECTOR DEVELOPMENT	40.00	Officer	$119,620	$0	$119,620
DANIAL NOORANI	DIRECTOR OF DEVELOPMENT (THRU 06/24) "DIRECTOR" FO	40.00	Officer	$40,808	$0	$40,808

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	$21,703,144	$20,041,260	$9,144,565	$1,661,884
2023	$18,303,365	$17,954,324	$7,196,585	$349,041
2022	$20,690,557	$21,554,327	$6,751,837	$-863,770
2021	$19,916,524	$18,791,754	$7,765,514	$1,124,770
2020	$15,155,393	$12,719,485	$6,662,711	$2,435,908
2019	$11,111,367	$10,779,939	$4,042,267	$331,428
2018	$10,112,573	$9,464,507	$3,629,197	$648,066
2018	$10,112,573	$9,464,507	$3,629,197	$648,066