SOUTHERN FEDERATION OF SYRIAN LEBANESE A C/O RICHARD KARAM

EIN: 741313591

AUSTIN, TX

Total Revenue
$571,015
Total Expenses
$474,036
Total Assets
$1,029,157
Net Assets
$1,018,487
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1954
Legal Domicile
TX
Principal Officer
DAVID WELCH
Phone
8327238687
Tax Period
2024-07-01 to 2025-06-30

SOUTHERN FEDERATION OF SYRIAN LEBANESE A C/O RICHARD KARAM, founded in 1954, is a small nonprofit that reported $571K in total revenue in fiscal year 2024. The organization ran a surplus of $97K, a strong 17% operating margin.

Mission

TO COMBINE PURE AMERICANISM WITH THE TRADITIONS OF SYRIA AND LEBANON: STRONG TRADITIONS OF BELIEF IN GOD, SENSE OF FAMILY, LOVE OF HERITAGE AND WILLINGNESS TO SERVE EACH OTHER

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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 $51,074
Program Service Revenue $491,546
Investment Income $25,802
Other Revenue $2,593
TOTAL REVENUE $571,015

Expense Breakdown

Grants Paid $500
Salaries & Benefits $6,000
Fundraising Expenses $0
Program Expenses $468,933
Other Expenses $467,536
TOTAL EXPENSES $474,036

Year-over-Year Comparison

2024 2023 Change
Revenue $571,015 $572,582 0.0%
Expenses $474,036 $445,426 +0.1%
Net Income $96,979 $127,156 -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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Financial Health Indicators

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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
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
5
$5,500
Total Directors
6
$5,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY SCONCI WOLFE VIEC PRESIDENT 5.00
Officer Director
$0 $0 $0
OSAMA ABOUNASR PRESIDENT 5.00
Officer Director
$0 $0 $0
CONNIE BOSTANY TREASURER 5.00
Officer Director
$0 $0 $0
GHADA TEMANNI SECRETARY 5.00
Officer Director
$5,500 $0 $5,500
JOHN JAMMAL CHAIRMAN OF THE BOARD 5.00
Director
$0 $0 $0
JOHN JAMMAL EXTERNAL BINGO TREASURER 1.00
Officer 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 $571,015 $474,036 $1,029,157 $96,979
2024 $572,582 $445,426 $1,057,547 $127,156
2023 $406,218 $394,879 $921,542 $11,339
2022 $478,975 $361,010 $700,637 $117,965
2021 $213,701 $130,254 $695,637 $83,447
2020 $80,138 $70,236 $457,959 $9,902
2019 $112,732 $106,971 $568,287 $5,761
2018 $273,167 $282,071 $551,734 $-8,904
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