SYRIAN INSTITUTE FOR PROGRESS

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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

Tax Period

2024-01-01 to 2024-12-31

SYRIAN INSTITUTE FOR PROGRESS is a micro nonprofit in the Public Safety sector that reported $88K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $248K exceeded revenue, resulting in a 182% operating deficit.

Mission

SIP is dedicated to supporting, advancing, and protecting the civil and human rights of all people in Syria.In 2015, SIP established the Burnt Children Relief Foundation dedicated to healing the wounds of war

Program Service Accomplishments

Program 1

SIP is dedicated to supporting, advancing, and protecting the civil and human rights of all people in Syria.In 2015, SIP established the Burnt Children Relief Foundation dedicated to healing the...

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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 $0

Program Service Revenue $87,854

Investment Income $0

Other Revenue $0

TOTAL REVENUE $87,854

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $247,872

TOTAL EXPENSES $247,872

Year-over-Year Comparison

	2024	2023	Change
Revenue	$87,854	$114,723	-0.2%
Expenses	$247,872	$271,754	-0.1%
Net Income	$-160,018	$-157,031	+0.0%

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

N/A

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

$89,100

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Saed Moujtahed	President	40	Officer	$0	$0	$0
Souzan Baaj	Chair Women	40	Officer	$89,100	$0	$89,100
Lawrence Hoodack	Treasurer	15	Officer	$0	$0	$0
Sherry Cooper	outreach chair	15	Officer	$0	$0	$0
Hollie McKay	media chair	20	Officer	$0	$0	$0
Dr Zeid Kayali	government relations chair	10	Officer	$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	$87,854	$247,872	$65,489	$-160,018
2023	$114,723	$271,754	$226,303	$-157,031
2022	$166,642	$275,150	$404,792	$-108,508
2021	$301,885	$323,790	$612,655	$-21,905
2020	$360,504	$254,793	$544,912	$105,711
2019	$426,359	$224,905	$417,086	$201,454
2018	$110,135	$120,603	$201,871	$-10,468