Afghan Girls Financial Assistance Fund

EIN: 475527310 501(c)(3) Human Services

Skillman, NJ

Total Revenue
$1,852,087
Total Expenses
$779,153
Total Assets
$2,385,091
Net Assets
$2,240,882
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NJ
Phone
6094744489
Tax Period
2024-07-01 to 2025-06-30

Afghan Girls Financial Assistance Fund, founded in 2014, is a community nonprofit in the Human Services sector that reported $1.9M in total revenue in fiscal year 2024. Revenue surged 104% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 58% operating margin.

Mission

AGFAF helps secure scholarships and provides financial,academic and emotional support to qualified Afghan women seeking college education, graduate or professional school education. AGFAF also provides scholarships to qualified male students who demonstrate a commitment to promoting gender, economic and social equality in Afghanistan. In addition,we support student-led projects designed to improve and enrich the lives of people in Afghanistan and Afghan refugees.

Program Service Accomplishments

Program 1
Expenses: $747,917

Since 2008, AGFAF has assisted over 250 Afghan students, primarily women, in obtaining an education. Students have pursued studies at the high school, college, graduate and professional school...

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Since 2008, AGFAF has assisted over 250 Afghan students, primarily women, in obtaining an education. Students have pursued studies at the high school, college, graduate and professional school levels. AGFAF helps students secure placements and has provided financial assistance to cover expenses not fully covered by scholarships. These students understand that education is not only an important step to a successful career path, but a tool for liberation and leadership. In addition to obtaining an education, AGFAF students undertake projects designed to improve the lives of the Afghan people. This work helps them develop project management skills and provides an opportunity to experience the benefits of helping others.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,631,632
Program Service Revenue $0
Investment Income $220,455
Other Revenue $0
TOTAL REVENUE $1,852,087

Expense Breakdown

Grants Paid $715,394
Salaries & Benefits $32,523
Fundraising Expenses $3,450
Program Expenses $747,917
Other Expenses $31,236
TOTAL EXPENSES $779,153

Year-over-Year Comparison

2024 2023 Change
Revenue $1,852,087 $908,900 +1.0%
Expenses $779,153 $627,074 +0.2%
Net Income $1,072,934 $281,826 +2.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
3
Employees
1
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
$27,500
Total Directors
4
$27,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Phyllis Van Hook Secretary 5.00
Officer Director
$27,500 $0 $27,500
Joseph Highland President 5.00
Officer Director
$0 $0 $0
William Godfrey Treasurer 5.00
Officer Director
$0 $0 $0
Palwasha Kakar Trustee 2.00
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
2025 $1,852,087 $779,153 $2,385,091 $1,072,934
2024 $908,900 $627,074 $1,099,834 $281,826
2023 $700,880 $562,400 $785,004 $138,480
2022 $623,017 $241,031 $647,968 $381,986
2021 $107,468 $116,807 $261,562 $-9,339
2020 $109,313 $162,650 $269,434 $-53,337
2019 $168,062 $163,364 $323,333 $4,698
2018 $129,279 $134,789 $321,362 $-5,510
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