ST MARON MARONITE CHURCH FOUNDATION

EIN: 465496976 501(c)(3) Religion

MINNEAPOLIS, MN

Total Revenue
$518,957
Total Expenses
$430,076
Total Assets
$5,835,001
Net Assets
$5,835,001
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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
2014
Legal Domicile
MN
Principal Officer
CHORBISHOP GHATTAS MAROUN
Phone
6123792758
Tax Period
2023-01-01 to 2023-12-31

ST MARON MARONITE CHURCH FOUNDATION, founded in 2014, is a small nonprofit in the Religion sector that reported $519K in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $89K, a strong 17% operating margin.

Mission

THIS CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES.

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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 $325,000
Program Service Revenue $0
Investment Income $193,957
Other Revenue $0
TOTAL REVENUE $518,957

Expense Breakdown

Grants Paid $400,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $430,076
Other Expenses $30,076
TOTAL EXPENSES $430,076

Year-over-Year Comparison

2023 2022 Change
Revenue $518,957 $432,647 +0.2%
Expenses $430,076 $28,594 +14.0%
Net Income $88,881 $404,053 -0.8%
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

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Governance

Voting Members
7
Independent Members
7
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
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHORBISHOP GHATTAS MAROUN PRESIDENT 0.10
Officer Director
$0 $0 $0
LOUIS HAIK VICE PRESIDENT 0.10
Officer Director
$0 $0 $0
MICHAEL SIMON SECRETARY & TREASURER 0.10
Officer Director
$0 $0 $0
BISHOP ABDALLAH ELIAS ZAIDAN BOARD MEMBER 0.10
Director
$0 $0 $0
CHORBISHOP RICHARD SAAD BOARD MEMBER 0.10
Director
$0 $0 $0
JAY ABDO BOARD MEMBER 0.10
Director
$0 $0 $0
MELANIE GATES BOARD MEMBER 0.10
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 $518,957 $430,076 $5,835,001 $88,881
2022 $432,647 $28,594 $5,267,272 $404,053
2021 $811,796 $30,103 $5,775,365 $781,693
2020 $728,713 $526,080 $4,660,077 $202,633
2019 $596,875 $28,466 $4,147,287 $568,409
2018 $1,307,184 $24,657 $3,099,956 $1,282,527
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