Givelight Foundation Inc

EIN: 562500794 501(c)(3) International Affairs

San Jose, CA

Total Revenue
$2,186,834
Total Expenses
$1,002,635
Total Assets
$11,280,674
Net Assets
$11,277,369
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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
CA
Principal Officer
Dian Alyan
Phone
4086307314
Tax Period
2023-01-01 to 2023-12-31

Givelight Foundation Inc, founded in 2005, is a community nonprofit in the International Affairs sector that reported $2.2M in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $1.2M, a strong 54% operating margin.

Mission

Givelight Foundations primary exempt purpose is to provide shelter, clothing and food to children who have been orphaned by a natural disaster or other global crisis; to provide educational, spiritual and social services to the children residing in these orphanages.

Program Service Accomplishments

Program 1
Expenses: $865,052 Revenue: $2,181,809

GiveLight Foundation made strong stride in 2023 with the ultimate goal of increasing the number of children served eponentially by 2028. The highlight of the year was the opening of the newest home...

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GiveLight Foundation made strong stride in 2023 with the ultimate goal of increasing the number of children served eponentially by 2028. The highlight of the year was the opening of the newest home in Multan, Pakistan, with the capacity to care for 80 children, that was 100% donor funded. With 7 homes in operation and approaching its 20-year anniversary, GiveLight initiated a two-year process to focus on updating the infrastructure to ensure that operations are streamlined and that we are prepared to scale our operations over the next 4-5 years. To do this a full-time operational leader was hired and the Operations Director moved to full-time, bringing GiveLight to 3FTE with web and IT support through consultants. GiveLight continues to be supported by an extensive network of dedicated volunteers who plan and manage fundraising and outreach events, tutor and mentor the children in GiveLight Homes, and advise the organization. Effectively incorporating passionate volunteers has been a cornerstone of GiveLights success since the beginning that, along with prudent fiscal stewardship, has allowed GiveLight to make a profound impact in the lives of more than 1,000 children a year. We look forward with excitement to 2024 as our staff and volunteers continue with the preparatory steps to scale GiveLights program significantly.

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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 $2,103,955
Program Service Revenue $0
Investment Income $82,879
Other Revenue $0
TOTAL REVENUE $2,186,834

Expense Breakdown

Grants Paid $609,846
Salaries & Benefits $254,251
Fundraising Expenses $20,377
Program Expenses $865,052
Other Expenses $127,505
TOTAL EXPENSES $1,002,635

Year-over-Year Comparison

2023 2022 Change
Revenue $2,186,834 $2,666,079 -0.2%
Expenses $1,002,635 $1,247,075 -0.2%
Net Income $1,184,199 $1,419,004 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
3
Employees
3
Volunteers
65

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
$137,082
Total Directors
4
$137,082
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dian Alyan President 40.00
Officer Director
$137,082 $0 $137,082
Noshaba Afzal Secretary 5.00
Officer Director
$0 $0 $0
Johann Noor Mohamed Treasurer 5.00
Officer Director
$0 $0 $0
Firasat Ali Legal 5.00
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 $2,186,834 $1,002,635 $11,280,674 $1,184,199
2022 No data $17,522 No data No data
2021 $2,338,392 $835,031 $8,526,595 $1,503,361
2020 $2,110,504 $705,024 $7,024,753 $1,405,480
2019 $1,614,760 $626,917 $5,618,401 $987,843
2018 $1,480,804 $595,905 $4,631,031 $884,899
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