HARVARD ARAB ALUMNI ASSOCIATION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

RAJA GHAWI

Phone

2484102830

Tax Period

2019-01-01 to 2019-12-31

HARVARD ARAB ALUMNI ASSOCIATION, founded in 2002, is a small nonprofit in the Education sector that reported $188K in total revenue in fiscal year 2019. Expenses of $308K exceeded revenue, resulting in a 64% operating deficit.

Mission

THE HARVARD ARAB ALUMNI ASSOCIATION WAS ESTABLISHED IN 2001 TO PURSUE THE FOLLOWING FOUR OBJECTIVES: 1. PROVIDE A NETWORK FOR HARVARD ALUMNI WITH AN INTEREST IN THE ARAB WORLD. 2. PROVIDE A FORUM FOR DIALOGUE OF ALL ISSUES OF INTEREST TO THE MEMBERSHIP, BOTH THROUGH A QUARTERLY NEWSLETTER IN WHICH MEMBERS SHARE OPINION PIECES, AND THROUGH AN ANNUAL CONFERENCE IN WHICH MEMBERS OF THE GLOBAL COMMUNITY COME TOGETHER TO DISCUSS IMPORTANT ISSUES FACING THE ARAB WORLD. 3. ORGANIZE AND SPONSOR EDUCATIONAL INITIATIVES OF IMPORTANCE TO THE ARAB WORLD. 4. STRENGTHEN TIES BETWEEN HARVARD UNIVERSITY AND THE ARAB WORLD.

Program Service Accomplishments

Program 1

Expenses: $250,041 Revenue: $44,993

ACH CONFERENCE:TO BRING TOGETHER ARAB/MIDDLE EAST GROUPS AT HARVARD TO PRESENT ONE DEDICATED WEEKEND SHOWCASING THE MIDDLE EAST/NORTH AFRICA REGION AND THE ARAB WORLD, INCLUDING CONFERENCES ON...

ACH CONFERENCE:TO BRING TOGETHER ARAB/MIDDLE EAST GROUPS AT HARVARD TO PRESENT ONE DEDICATED WEEKEND SHOWCASING THE MIDDLE EAST/NORTH AFRICA REGION AND THE ARAB WORLD, INCLUDING CONFERENCES ON ARCHITECTURE AND URBANISH, PUBLIC HEALTH, CIVIL SOCIETY FORUM, BUSINESS, AND A CAREER FAIR.

Program 2

Expenses: $12,575

HAWC CONFERENCE:CONFERENCE IN THE ARAB WORLD TO BRING TOGETHER ALUMNI OF LEADING UNIVERSITIES. THE FIRST OBJECTIVE IS TO PROVIDE A PLATFORM FOR THE EXCHANGE OF IDEAS ABOUT THE TRENDS UNDERWAY IN THE...

Program 3

Expenses: $1,934

PROGRAM EXPENSES: GRADUATE SUPPORT AND SCHOLARSHIPS & GRANTS.HAAA SCHOLARSHIP FUND PROVIDES SCHOLARSHIPS TO HARVARD ARAB STUDENTS.FUND RECIPIENTS WILL BE SELECTED EXCLUSIVELY BY THE HARVARD COMMITTEE ON GENERAL SCHOLARSHIP BASED ON THE FOLLOWING CRITERIA ESTABLISHED BY THE HARVARD ARAB ALUMNI ASSOCIATION: THE STUDENT MUST HAVE BEEN ACCEPTED BY HARVARD UNIVERSITY TO A FULL-TIME DEGREE PROGRAM AT ANY OF HARVARD UNIVERSITY'S SCHOOLS, THE STUDENT MUST BE A RESIDENT OR NATIONAL OF AN ARAB COUNTRY, THE STUDENT MUST DEMONSTRATE A FINANCIAL NEED, AS DETERMINED BY HARVARD UNIVERSITY'S GENERAL SCHOLARSHIP CRITERIA, PREFERENCE WILL BE GIVEN TO STUDENTS THAT HAVE OBTAINED A PRIOR DEGREE (E.G., HIGH SCHOOL OR COLLEGE) FROM AN EDUCATIONAL INSTITUTION IN AN ARAB COUNTRY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $142,626

Program Service Revenue $44,993

Investment Income $26

Other Revenue $0

TOTAL REVENUE $187,645

Expense Breakdown

Grants Paid $0

Salaries & Benefits $37,619

Fundraising Expenses $574

Program Expenses $264,550

Other Expenses $269,954

TOTAL EXPENSES $307,573

Year-over-Year Comparison

	2019	2018	Change
Revenue	$187,645	$192,061	0.0%
Expenses	$307,573	$392,377	-0.2%
Net Income	$-119,928	$-200,316	-0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

100

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

$37,619

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SOUAD HAYEL	PRESIDENT	10.00	Officer Director	$0	$0	$0
CARINE ABI AKAR	VICE-PRESIDENT	10.00	Officer Director	$0	$0	$0
ALSHERIF WAHDAN	TREASURER	3.00	Officer Director	$0	$0	$0
SAFIA TMIRI	DIRECTOR OF COMMUNICATIONS	3.00	Director	$0	$0	$0
RAJA GHAWI	DIRECTOR OF HARVARD RELATI	10.00	Director	$0	$0	$0
LUMA AL SALEH	DIRECTOR OF DEVELOPMENT	10.00	Director	$0	$0	$0
CESAR HELAL	PROGRAM DIRECTOR	40.00	Officer	$37,619	$0	$37,619

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
2019	$187,645	$307,573	$68,350	$-119,928
2018	$192,061	$392,377	$188,278	$-200,316
2017	$277,807	$384,533	$388,594	$-106,726