Shifa Foundation

EIN: 475168909 501(c)(3) Community Improvement

Lombard, IL

Total Revenue
$72,741
Total Expenses
$8,845
Total Assets
$85,077
Net Assets
$85,077
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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
2015
Legal Domicile
IL
Principal Officer
HABIB UR RAHMAN
Phone
6307436953
Tax Period
2023-01-01 to 2023-12-31

Shifa Foundation, founded in 2015, is a micro nonprofit in the Community Improvement sector that reported $73K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $64K, a strong 88% operating margin.

Mission

Shifa Foundation aims to serve the underprivileged communities and unserved people by providing humanitarian and development services

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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 $72,741
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $72,741

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $63,597
Other Expenses $8,845
TOTAL EXPENSES $8,845

Year-over-Year Comparison

2023 2022 Change
Revenue $72,741 $66,101 +0.1%
Expenses $8,845 $190,827 -1.0%
Net Income $63,896 $-124,726 -1.5%
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
N/A
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
6
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HABIB UR RAHMAN President N/A
Officer
$0 $0 $0
SAMIULLAH SHARIEF Director N/A
Officer
$0 $0 $0
MUHAMMAD A SALEEM Director N/A
Officer
$0 $0 $0
MOHAMMAD ARSHAD Director N/A
Officer
$0 $0 $0
TARIQ NAZEER Director N/A
Officer
$0 $0 $0
MAHMOOD ALAM Director N/A
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
2023 $72,741 $8,845 $85,077 $63,896
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