THE SUMAIRA FOUNDATION INC (EIN 472398246) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

SUMAIRA AHMED

Phone

6178429282

Tax Period

2023-01-01 to 2023-12-31

THE SUMAIRA FOUNDATION INC, founded in 2014, is a community nonprofit in the Medical Research sector that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $265K, a strong 15% operating margin.

Mission

THE SUMAIRA FOUNDATION, INC. (THE ORGANIZATION"), A 501(C)(3) ORGANIZATION, THAT IS DEDICATED TO GENERATING GLOBAL AWARENESS OF NEUROMYELITIS OPTICA SPECTRUM DISORDER ("NMOSD"), FUNDRAISING TO HELP FIND A CURE, AND CREATING A COMMUNITY OF SUPPORT FOR PATIENTS AND THEIR CAREGIVERS. THE ORGANIZATION IS SUPPORTED PRIMARILY THROUGH GRANTS AND FUNDRAISING EVENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,839,292

Program Service Revenue $0

Investment Income $7,667

Other Revenue $-87,307

TOTAL REVENUE $1,759,652

Expense Breakdown

Grants Paid $173,536

Salaries & Benefits $587,657

Fundraising Expenses $323,828

Program Expenses $1,006,895

Other Expenses $733,817

TOTAL EXPENSES $1,495,010

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,759,652	$1,457,691	+0.2%
Expenses	$1,495,010	$1,372,269	+0.1%
Net Income	$264,642	$85,422	+2.1%

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

Employees

N/A

Volunteers

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

$307,193

Total Directors

$587,657

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUMAIRA AHMED	PRESIDENT	40.00	Officer Director	$307,193	$0	$307,193
MELISSA BARASH	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL DEVLIN	DIRECTOR	40.00	Director	$280,464	$0	$280,464
LAUREN MICHAELS	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE HAMZO	DIRECTOR	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	$1,759,652	$1,495,010	$716,755	$264,642
2022	$1,457,691	$1,372,269	$457,112	$85,422
2021	$309,923	$120,535	$356,004	$189,388
2020	$157,788	$118,257	$165,391	$39,531

THE SUMAIRA FOUNDATION INC