THE ABANA FOUNDATION INC (EIN 571147865) - 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

2002

Legal Domicile

Principal Officer

Mohannad Aama

Phone

2125993030

Tax Period

2024-01-01 to 2024-12-31

THE ABANA FOUNDATION INC, founded in 2002, is a small nonprofit in the Education sector that reported $500K in total revenue in fiscal year 2024. Revenue fell 59% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $211K, a strong 42% operating margin.

Mission

TO promote the advancement of education and social equity, through scholarship and mentorship directed at students with heritage (or demonstrated interest/experience) in MENA regions.

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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 (2024)

Revenue Breakdown

Contributions & Grants $484,266

Program Service Revenue $0

Investment Income $49,626

Other Revenue $-34,389

TOTAL REVENUE $499,503

Expense Breakdown

Grants Paid $75,000

Salaries & Benefits $138,989

Fundraising Expenses $361

Program Expenses $75,000

Other Expenses $74,741

TOTAL EXPENSES $288,730

Year-over-Year Comparison

	2024	2023	Change
Revenue	$499,503	$1,218,387	-0.6%
Expenses	$288,730	$105,455	+1.7%
Net Income	$210,773	$1,112,932	-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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Amr Nosseir	Director	1.00	Officer Director	$0	$0	$0
Joud Abdel Majeid	VICE CHAIR	2.00	Officer Director	$0	$0	$0
Hamza Fassi-Fehri	Director	1.00	Officer Director	$0	$0	$0
Ferris Hussein	Vice Chair	2.00	Officer Director	$0	$0	$0
Karim Baghdady	Treasurer	2.00	Officer Director	$0	$0	$0
Marwan Azzi	Chairman	3.00	Officer Director	$0	$0	$0
Amal Moussa	Director	1.00	Director	$0	$0	$0
Carolyn S Weimer	Director	1.00	Director	$0	$0	$0
Hania Dawood	Director	1.00	Director	$0	$0	$0
Heather Ibrahim-Leathers	Director	1.00	Director	$0	$0	$0
Laura Osman	Secretary	2.00	Officer Director	$0	$0	$0
Lotfi Karoui	VICE CHAIR	2.00	Officer Director	$0	$0	$0
Marwan Elaraby	Director	1.00	Director	$0	$0	$0
May Nasrallah	Director	1.00	Director	$0	$0	$0
Mona DAJANI	Director	1.00	Director	$0	$0	$0
Nicolas J Kahale	Director	1.00	Director	$0	$0	$0
Omar Jabri	Director	1.00	Director	$0	$0	$0
Thana Al-Mufarrej	Director	1.00	Director	$0	$0	$0
Zubaid Ahmad	Director	1.00	Director	$0	$0	$0
KHALID AZIM	President	40.00	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
2024	$499,503	$288,730	$1,385,635	$210,773
2023	$1,218,387	$105,455	$1,130,864	$1,112,932

THE ABANA FOUNDATION INC